IMPAC SECURED ASSETS CORP., Depositor, IMPAC FUNDING CORPORATION Master Servicer, and DEUTSCHE BANK NATIONAL TRUST COMPANY Trustee POOLING AND SERVICING AGREEMENT Dated as of April 1, 2007 Mortgage Pass-Through Certificates Series 2007-3

IMPAC SECURED ASSETS CORP.,

Depositor,

IMPAC FUNDING CORPORATION

Master Servicer,

and

DEUTSCHE BANK NATIONAL TRUST COMPANY

Trustee

POOLING AND SERVICING AGREEMENT

Dated as of April 1, 2007

________________________

Mortgage Pass-Through Certificates

Series 2007-3

TABLE OF CONTENTS

Page

ARTICLE I	DEFINITIONS	8
Section 1.01.	Defined Terms.	8
Accrual Period		8
Addition Notice		8
Adjustment Date		8
Advance		8
Affected Party		8
Affiliate		8
Aggregate Stated Principal Balance		8
Agreement		9
Allocated Realized Loss Amount		9
Assessment of Compliance		9
Assignment		9
Attestation Report		9
Available Distribution Amount		9
Balloon Loan		9
Balloon Payment		9
Bankruptcy Code		10
Basic Principal Distribution Amount		10
Book-Entry Certificate		10
Business Day		10
Cap Contract I		10
Cap Contract II		10
Cap Contracts		10
Cap Counterparty		10
Cash Liquidation		10
Certificate		10
Certificate Account		10
Certificate Account Deposit Date		11
Certificate Guaranty Insurance Policy		11
Certificate Insurer		11
Certificate Margin		11
Certificate Owner		11
Certificate Principal Balance		12
Certificate Register		12
Certificateholder or Holder		12
Class		12
Class A Certificates		12
Class A1-A Certificate		12
Class A1-B Certificate		12
Class A1-C Certificate		13
Class AM Certificate		13
Class A Principal Distribution Amount		13

Class B Certificate	13
Class C Certificates	13
Class C Distribution Amount	13
Class IO Interest	14
Class IO Distribution Amount	14
Class M Certificates	14
Class M Interest Reserve Fund	14
Class M Interest Reserve Fund Amount	14
Class M-1 Certificate	14
Class M-2 Certificate	14
Class M-3 Certificate	14
Class M-4 Certificate	14
Class M-4 Interest Reserve Fund Amount	15
Class M-5 Certificate	15
Class M-5 Interest Reserve Fund Amount	15
Class M-6 Certificate	15
Class M-6 Interest Reserve Fund Amount	15
Class M-7 Certificate	15
Class M-7 Interest Reserve Fund Amount	15
Class M-8 Certificate	16
Class P Certificate	16
Class R Certificate	16
Class R-1 Interest	16
Class R-2 Interest	16
Class R-3 Interest	16
Closing Date	16
Code	16
Collateral Account	16
Collateral Value	16
Commission	16
Compensating Interest	17
Corporate Trust Office	17
Corresponding Certificate	17
Countrywide	17
Credit Enhancement Percentage	17
Credit Support Annex One	17
Credit Support Annex Two	17
Current Report	17
Curtailment	18
Custodial Account	18
Custodian	18
Cut-off Date	18
Cut-off Date Balance	18
Defaulted Mortgage Loan	18
Defaulting Party	18
Deficiency Amount	18

Deficient Valuation	18
Definitive Certificate	19
Deleted Mortgage Loan	19
Delinquent	19
Depositor Impac Secured Assets Corp., or its successor in interest.	19
Depository	19
Depository Participant	19
Derivative Account	19
Derivative Contract	19
Derivative Termination Payment	19
Determination Date	20
Disqualified Organization	20
Distribution Date	20
Distribution Report	20
Due Date	20
Due Period	20
Eligible Account	20
Estimated Swap Termination Payment	21
Event of Default	21
Excess Proceeds	21
Exchange Act	21
Extra Principal Distribution Amount	21
Xxxxxx Xxx	21
FDIC	21
Final Scheduled Distribution Date	21
Xxxxxxx Mac	21
Gross Margin	21
Index	22
Initial Certificate Principal Balance	22
Initial Interest Coverage Deposit	22
Initial Mortgage Loans	22
Initial Notional Amount	22
Insurance Account	22
Insurance Agreement	22
Insurance Policy	22
Insurance Proceeds	22
Insured Amounts	22
Insurer Default	22
Interest Coverage Account	23
Interest Coverage Distribution Amount	23
Interest Rate Swap Agreement	23
Interest Remittance Amount	23
Late Collections	23
LIBOR	23
LIBOR Business Day	23
LIBOR Rate Adjustment Date	23

iii

Liquidated Mortgage Loan	23
Liquidation Proceeds	24
Loan-to-Value Ratio	24
Lost Note Affidavit	24
Majority Class C Certificateholder	24
Marker Rate	24
Master Servicer	24
Master Servicer Prepayment Charge Payment Amount	24
Master Servicing Fees	25
Master Servicing Fee Rate	25
Maximum Uncertificated Accrued Interest Deferral Amount	25
MERS	25
MERS® System	25
MIN	26
MOM Loan	26
Monthly Interest Distributable Amount	26
Monthly Payment	26
Xxxxx'x	26
Mortgage	26
Mortgage File	26
Mortgage Loan	26
Mortgage Loan Purchase Agreement	26
Mortgage Loan Schedule	27
Mortgage Note	28
Mortgage Rate	28
Mortgaged Property	28
Mortgagor	28
Net Liquidation Proceeds	28
Net Monthly Excess Cashflow	28
Net Mortgage Rate	28
Net Prepayment Interest Shortfall	29
Net Swap Payment	29
Net WAC Rate	29
Net WAC Shortfall Amount	29
Net WAC Shortfall Reserve Fund	30
Net WAC Shortfall Reserve Fund Deposit	30
Nonrecoverable Advance	30
Non-United States Person	30
Notional Balance	30
Officers’ Certificate	30
One Month LIBOR	30
Opinion of Counsel	30
Optional Termination Date	31
Original Pre-Funded Amount	31
OTS	31
Outstanding Mortgage Loan	31

Overcollateralization Deficiency Xxxxxx	00
Xxxxxxxxxxxxxxxxxxxxx Xxxxx	31
Overcollateralization Release Amount	31
Overcollateralization Target Amount	31
Overcollateralized Amount	31
Ownership Interest	32
Pass-Through Rate	32
Percentage Interest	32
Permitted Investment	32
Permitted Transferee	34
Person	34
PMI Insurer	34
PMI Insurer Fee Rate	34
PMI Insurer Policy	34
PMI Mortgage Loan	34
Policy Premium	34
Policy Premium Rate	34
Pre-Funded Amount	34
Pre-Funding Account	34
Pre-Funding Period	34
Preference Amount	34
Prepayment Assumption	35
Prepayment Charge	35
Prepayment Interest Excess	35
Prepayment Interest Shortfall	35
Prepayment Period	35
Primary Hazard Insurance Policy	35
Primary Insurance Policy	35
Principal Distribution Amount	35
Principal Prepayment	35
Principal Prepayment in Full	36
Principal Remittance Amount	36
Prospectus Supplement	36
Purchase Price	36
Qualified Insurer	36
Qualified Substitute Mortgage Loan	37
Rating Agency	37
Realized Loss	37
Record Date	37
Regular Certificate	38
Regulation AB	38
Relief Act	38
Relief Act Interest Shortfall	38
REMIC	38
REMIC 1	38
REMIC 1 Regular Interest	39

REMIC 2	39
REMIC 2 Interest Loss Allocation Amount	39
REMIC 2 Overcollateralized Amount	39
REMIC 2 Overcollateralization Target Amount	39
REMIC 2 Principal Loss Allocation Amount	39
REMIC 2 Regular Interest	40
REMIC 3	40
REMIC 3 Regular Interest	40
REMIC Provisions	40
REMIC Regular Interest	40
Remittance Report	40
REO Acquisition	40
REO Disposition	40
REO Imputed Interest	40
REO Proceeds	41
REO Property	41
Request for Release	41
Residual Certificate	41
Residual Interest	41
Responsible Officer	41
Schedule	41
Servicing Account	41
Servicing Advances	41
Servicing Criteria	41
Servicing Guide	42
Servicing Officer	42
Single Certificate	42
Sponsor	42
Standard & Poor’s	42
Startup Day	42
Stated Principal Balance	42
Step-Up Date	42
Stepdown Date	42
Stepdown Target Subordination Percentage	43
Subordinate Certificates	43
Subordinate Class Principal Distribution Amount	43
Subsequent Cut-off Date	44
Subsequent Recoveries	44
Subsequent Transfer Date	44
Subsequent Transfer Instrument	44
Sub-Servicer	45
Sub-Servicer Remittance Date	45
Sub-Servicing Account	45
Sub-Servicing Agreement	45
Sub-Servicing Fees	45
Sub-Servicing Fee Rate	45

Substitution Adjustment		45
Supplemental Interest Trust		45
Supplemental Interest Trust Trustee		45
Swap LIBOR		45
Swap Optional Termination Payment		45
Swap Provider		46
Swap Provider Trigger Event		46
Swap Termination Payment		46
Tax Matters Person		46
Tax Returns		46
Transfer		46
Transferor		46
Trigger Event		46
Trust Fund		47
Trustee		47
Trustee Fee Rate		47
Uncertificated Accrued Interest		47
Uncertificated Notional Balance		48
Uncertificated Pass-Through Rate		49
Uncertificated Principal Balance		49
Uncertificated REMIC 1 Pass-Through Rate		49
Uncertificated REMIC 2 Pass-Through Rate		00
Xxxxxxxxx Xxxxx		00
Xxxxxx Xxxxxx Person		53
Unpaid Interest Shortfall Amount		54
Voting Rights		54
Weighted Average Net Mortgage Rate		54
Section 1.02.	Determination of LIBOR.	54
Section 1.03.	Allocation of Certain Interest Shortfalls.	55

ARTICLE II	CONVEYANCE OF MORTGAGE LOANS; ORIGINAL ISSUANCE OF CERTIFICATES	57
Section 2.01.	Conveyance of Mortgage Loans.	57
Section 2.02.	Acceptance of the Trust Fund by the Trustee.	61
Section 2.03.	Representations, Warranties and Covenants of the Master Servicer and the Depositor.	62
Section 2.04.	Representations and Warranties of the Sponsor.	64
Section 2.05.	Issuance of Certificates; Conveyance of REMIC Regular Interests and Acceptance of REMIC 2 and REMIC 3 by the Trustee.	66
Section 2.06.	Purposes and Powers of the Trust.	67
Section 2.07.	Conveyance of Subsequent Mortgage Loans.	68

ARTICLE III	ADMINISTRATION AND SERVICING OF THE MORTGAGE LOANS	72
Section 3.01.	Master Servicer to Act as Master Servicer.	72
Section 3.02.	Sub-Servicing Agreements Between Master Servicer and Sub-Servicers.	74
Section 3.03.	Successor Sub-Servicers.	75

vii

Section 3.04.	Liability of the Master Servicer.	75
Section 3.05.	No Contractual Relationship Between Sub-Servicers and Trustee or Certificateholders.	75
Section 3.06.	Assumption or Termination of Sub-Servicing Agreements by Trustee.	76
Section 3.07.	Collection of Certain Mortgage Loan Payments.	76
Section 3.08.	Sub-Servicing Accounts.	77
Section 3.09.	Collection of Taxes, Assessments and Similar Items; Servicing Accounts.	78
Section 3.10.	Custodial Account.	78
Section 3.11.	Permitted Withdrawals From the Custodial Account.	79
Section 3.12.	Permitted Investments.	80
Section 3.13.	Maintenance of Primary Hazard Insurance.	81
Section 3.14.	Enforcement of Due-on-Sale Clauses; Assumption Agreements.	83
Section 3.15.	Realization Upon Defaulted Mortgage Loans.	84
Section 3.16.	Trustee to Cooperate; Release of Mortgage Files.	85
Section 3.17.	Servicing Compensation.	86
Section 3.18.	Maintenance of Certain Servicing Policies.	87
Section 3.19.	Annual Statement as to Compliance.	87
Section 3.20.	Assessments of Compliance and Attestation Reports.	88
Section 3.21.	Access to Certain Documentation.	90
Section 3.22.	Title, Conservation and Disposition of REO Property.	90
Section 3.23.	Additional Obligations of the Master Servicer.	92
Section 3.24.	Additional Obligations of the Depositor.	92
Section 3.25.	Exchange Act Reporting.	93
Section 3.26.	Intention of the Parties and Interpretation.	96
Section 3.27.	Optional Purchase of Certain Mortgage Loans.	96

ARTICLE IV	PAYMENTS TO CERTIFICATEHOLDERS	98
Section 4.01.	Distributions.	98
Section 4.02.	Statements to Certificateholders.	104
Section 4.03.	Remittance Reports; Advances by the Master Servicer.	107
Section 4.04.	Distributions on the REMIC Regular Interests.	109
Section 4.05.	Allocation of Realized Losses.	112
Section 4.06.	Information Reports to Be Filed by the Master Servicer.	114
Section 4.07.	Compliance with Withholding Requirements.	114
Section 4.08.	Net WAC Shortfall Reserve Fund.	114
Section 4.09.	Supplemental Interest Trust.	115
Section 4.10.	Tax Treatment of Class IO Distribution Amounts in the Event of Resecuritization of Class A, Class M or Class B Certificates.	118
Section 4.11.	Collateral Account.	118
Section 4.12.	The Certificate Guaranty Insurance Policy.	120
Section 4.13.	Class M Interest Reserve Fund.	122
Section 4.14.	Pre-Funding Account.	123
Section 4.15.	Interest Coverage Account.	124

ARTICLE V	THE CERTIFICATES	126

viii

Section 5.01.	The Certificates.	126
Section 5.02.	Registration of Transfer and Exchange of Certificates.	127
Section 5.03.	Mutilated, Destroyed, Lost or Stolen Certificates.	133
Section 5.04.	Persons Deemed Owners.	133
Section 5.05.	Rule 144A Information.	134

ARTICLE VI	THE DEPOSITOR AND THE MASTER SERVICER	135
Section 6.01.	Liability of the Depositor and the Master Servicer.	135
Section 6.02.	Merger, Consolidation or Conversion of the Depositor or the Master Servicer.	135
Section 6.03.	Limitation on Liability of the Depositor, the Master Servicer and Others.	135
Section 6.04.	Limitation on Resignation of the Master Servicer.	136
Section 6.05.	Sale and Assignment of Master Servicing.	136

ARTICLE VII	DEFAULT	138
Section 7.01.	Events of Default.	138
Section 7.02.	Trustee to Act; Appointment of Successor.	140
Section 7.03.	Notification to Certificateholders.	141
Section 7.04.	Waiver of Events of Default.	141
Section 7.05.	List of Certificateholders.	142

ARTICLE VIII	CONCERNING THE TRUSTEE	143
Section 8.01.	Duties of Trustee.	143
Section 8.02.	Certain Matters Affecting the Trustee.	144
Section 8.03.	Trustee Not Liable for Certificates or Mortgage Loans.	146
Section 8.04.	Trustee May Own Certificates.	146
Section 8.05.	Trustee’s Fees.	146
Section 8.06.	Eligibility Requirements for Trustee.	147
Section 8.07.	Resignation and Removal of the Trustee.	147
Section 8.08.	Successor Trustee.	148
Section 8.09.	Merger or Consolidation of Trustee.	148
Section 8.10.	Appointment of Co-Trustee or Separate Trustee.	148

ARTICLE IX	TERMINATION	150
Section 9.01.	Termination Upon Repurchase or Liquidation of All Mortgage Loans or upon Purchase of Certificates.	150
Section 9.02.	Termination of REMIC 3 and Retirement of Class R Certificates.	153
Section 9.03.	Additional Termination Requirements.	154

ARTICLE X	REMIC PROVISIONS	155
Section 10.01.	REMIC Administration.	155
Section 10.02.	Prohibited Transactions and Activities.	157
Section 10.03.	Master Servicer and Trustee Indemnification.	158

ARTICLE XI	MISCELLANEOUS PROVISIONS	159
Section 11.01.	Amendment.	159

Section 11.02.	Recordation of Agreement; Counterparts.	160
Section 11.03.	Limitation on Rights of Certificateholders.	161
Section 11.04.	Governing Law.	161
Section 11.05.	Notices.	161
Section 11.06.	Severability of Provisions.	162
Section 11.07.	Successors and Assigns.	162
Section 11.08.	Article and Section Headings.	162
Section 11.09.	Notice to Rating Agencies.	162
Section 11.10.	Rights of the Certificate Insurer.	163
Section 11.11.	Control by the Certificate Insurer.	163
Section 11.12.	Third Party Rights.	164

Signatures

Acknowledgments

Exhibit A	Form of Class A Certificate
Exhibit B-1	Form of Class M Certificate
Exhibit B-2	Form of Class B Certificate
Exhibit B-3	Form of Class C Certificate
Exhibit B-4	Form of Class P Certificate
Exhibit B-5	Form of Class R Certificate
Exhibit C	Form of Trustee Initial Certification
Exhibit D	Form of Trustee Final Certification
Exhibit E	Form of Remittance Report
Exhibit F-1	Request for Release
Exhibit F-2	Request for Release for Mortgage Loans Paid in Full
Exhibit G-1	Form of Investor Representation Letter
Exhibit G-2	Form of Transferor Representation Letter
Exhibit G-3	Form of Rule 144A Investment Representation
Exhibit G-4	Transferor Certificate for Transfers of Residual Certificates
Exhibit G-5	Transfer Affidavit and Agreement for Transfers of Residual Certificates
Exhibit H	Mortgage Loan Schedule
Exhibit I	Sponsor Representations and Warranties
Exhibit J	Form for Information Under Section 3.24
Exhibit K	Impac Funding Corporation Servicing Guide
Exhibit L-1	Form 10-K Certification
Exhibit L-2	Form 10-K Back-up Certification (Master Servicer)
Exhibit L-3	Form 10-K Back-up Certification (Trustee)
Exhibit L-4	Form of Back-up Certification to Form 10-K Certificate
Exhibit M	Form of Interest Rate Swap Agreement and Cap Contracts
Exhibit N	Servicing Criteria to be Addressed in Assessment of Compliance
Exhibit O	Form 10-D, Form 8-K and Form 10-K Reporting Responsibility
Exhibit P	[reserved]
Exhibit Q	Form of Countrywide Servicing Agreement
Exhibit R	Form of Item 1115 Agreement
Exhibit S	Form of Subsequent Transfer Instrument
Exhibit T	Form of Addition Notice

This Pooling and Servicing Agreement, dated and effective as of April 1, 2007, is entered into among Impac Secured Assets Corp., as depositor (the “Depositor”), Impac Funding Corporation, as master servicer (the “Master Servicer”), and Deutsche Bank National Trust Company, as trustee (the “Trustee”).

PRELIMINARY STATEMENT:

The Depositor intends to sell pass-through certificates (collectively, the “Certificates”), to be issued hereunder in multiple classes, which in the aggregate will evidence the entire beneficial ownership interest in the Trust Fund created hereunder. The Certificates will consist of sixteen classes of certificates, designated as (i) the Class A1-A Certificates, (ii) the Class A1-B Certificates, (iii) the Class A1-C Certificates, (iv) the Class AM Certificates, (v) the Class M-1 Certificates, (vi) the Class M-2 Certificates, (vii) the Class M-3 Certificates, (viii) the Class M-4 Certificates, (ix) the Class M-5 Certificates, (x) the Class M-6 Certificates, (xi) the Class M-7 Certificates, (xii) the Class M-8 Certificates, (xiii) the Class B Certificates, (xiv) the Class C Certificates, (xv) the Class P Certificates and (xvi) the Class R Certificates.

REMIC 1

As provided herein, the Trustee will elect to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets (other than the Net WAC Shortfall Reserve Fund, any Master Servicer Prepayment Charge Payment Amounts, the Pre-Funding Account, the Interest Coverage Account, the Class M Interest Reserve Fund and, for the avoidance of doubt, the Supplemental Interest Trust, the Derivative Account, the Cap Contracts, the Collateral Account and the Interest Rate Swap Agreement) subject to this Agreement as a REMIC for federal income tax purposes, and such segregated pool of assets will be designated as “REMIC 1.” The Class R-1 Interest will be the sole class of Residual Interests in REMIC 1 for purposes of the REMIC Provisions (as defined herein). The following table irrevocably sets forth the designation, the Uncertificated REMIC 1 Pass-Through Rate, the initial Uncertificated Principal Balance and, for purposes of satisfying Treasury Regulation Section 1.860G-1(a)(4)(iii), the “latest possible maturity date” for each of the REMIC 1 Regular Interests (as defined herein). None of the REMIC 1 Regular Interests will be certificated.

Designation	Uncertificated REMIC 1 Pass-Through Rate	Initial Uncertificated Principal Balance	Latest Possible Maturity Date ⁽¹⁾
1-1-A	Variable⁽²⁾	$ 1,291,504.09	September 25, 2037
1-1-B	Variable⁽²⁾	$ 1,291,504.09	September 25, 2037
1-2-A	Variable⁽²⁾	$ 2,392,637.16	September 25, 2037
1-2-B	Variable⁽²⁾	$ 2,392,637.16	September 25, 2037
1-3-A	Variable⁽²⁾	$ 3,515,987.98	September 25, 2037
1-3-B	Variable⁽²⁾	$ 3,515,987.98	September 25, 2037
1-4-A	Variable⁽²⁾	$ 4,652,077.16	September 25, 2037
1-4-B	Variable⁽²⁾	$ 4,652,077.16	September 25, 2037
1-5-A	Variable⁽²⁾	$ 5,790,398.31	September 25, 2037
1-5-B	Variable⁽²⁾	$ 5,790,398.31	September 25, 2037
1-6-A	Variable⁽²⁾	$ 6,916,224.67	September 25, 2037

Designation	Uncertificated REMIC 1 Pass-Through Rate	Initial Uncertificated Principal Balance	Latest Possible Maturity Date ⁽¹⁾
1-6-B	Variable⁽²⁾	$ 6,916,224.67	September 25, 2037
1-7-A	Variable⁽²⁾	$ 8,020,326.33	September 25, 2037
1-7-B	Variable⁽²⁾	$ 8,020,326.33	September 25, 2037
1-8-A	Variable⁽²⁾	$ 9,083,173.44	September 25, 2037
1-8-B	Variable⁽²⁾	$ 9,083,173.44	September 25, 2037
1-9-A	Variable⁽²⁾	$ 10,058,672.05	September 25, 2037
1-9-B	Variable⁽²⁾	$ 10,058,672.05	September 25, 2037
1-10-A	Variable⁽²⁾	$ 10,765,542.83	September 25, 2037
1-10-B	Variable⁽²⁾	$ 10,765,542.83	September 25, 2037
1-11-A	Variable⁽²⁾	$ 11,463,933.03	September 25, 2037
1-11-B	Variable⁽²⁾	$ 11,463,933.03	September 25, 2037
1-12-A	Variable⁽²⁾	$ 11,644,488.25	September 25, 2037
1-12-B	Variable⁽²⁾	$ 11,644,488.25	September 25, 2037
1-13-A	Variable⁽²⁾	$ 11,067,336.89	September 25, 2037
1-13-B	Variable⁽²⁾	$ 11,067,336.89	September 25, 2037
1-14-A	Variable⁽²⁾	$ 10,518,483.57	September 25, 2037
1-14-B	Variable⁽²⁾	$ 10,518,483.57	September 25, 2037
1-15-A	Variable⁽²⁾	$ 9,996,426.10	September 25, 2037
1-15-B	Variable⁽²⁾	$ 9,996,426.10	September 25, 2037
1-16-A	Variable⁽²⁾	$ 9,499,998.27	September 25, 2037
1-16-B	Variable⁽²⁾	$ 9,499,998.27	September 25, 2037
1-17-A	Variable⁽²⁾	$ 9,027,876.59	September 25, 2037
1-17-B	Variable⁽²⁾	$ 9,027,876.59	September 25, 2037
1-18-A	Variable⁽²⁾	$ 8,578,837.10	September 25, 2037
1-18-B	Variable⁽²⁾	$ 8,578,837.10	September 25, 2037
1-19-A	Variable⁽²⁾	$ 8,151,847.46	September 25, 2037
1-19-B	Variable⁽²⁾	$ 8,151,847.46	September 25, 2037
1-20-A	Variable⁽²⁾	$ 7,798,892.21	September 25, 2037
1-20-B	Variable⁽²⁾	$ 7,798,892.21	September 25, 2037
1-21-A	Variable⁽²⁾	$ 7,396,029.40	September 25, 2037
1-21-B	Variable⁽²⁾	$ 7,396,029.40	September 25, 2037
1-22-A	Variable⁽²⁾	$ 7,016,763.42	September 25, 2037
1-22-B	Variable⁽²⁾	$ 7,016,763.42	September 25, 2037
1-23-A	Variable⁽²⁾	$ 6,425,008.72	September 25, 2037
1-23-B	Variable⁽²⁾	$ 6,425,008.72	September 25, 2037
1-24-A	Variable⁽²⁾	$ 3,611,587.50	September 25, 2037
1-24-B	Variable⁽²⁾	$ 3,611,587.50	September 25, 2037
1-25-A	Variable⁽²⁾	$ 3,502,440.00	September 25, 2037
1-25-B	Variable⁽²⁾	$ 3,502,440.00	September 25, 2037
1-26-A	Variable⁽²⁾	$ 3,396,127.50	September 25, 2037
1-26-B	Variable⁽²⁾	$ 3,396,127.50	September 25, 2037
1-27-A	Variable⁽²⁾	$ 3,293,460.00	September 25, 2037
1-27-B	Variable⁽²⁾	$ 3,293,460.00	September 25, 2037

Designation	Uncertificated REMIC 1 Pass-Through Rate	Initial Uncertificated Principal Balance	Latest Possible Maturity Date ⁽¹⁾
1-28-A	Variable⁽²⁾	$ 3,193,627.50	September 25, 2037
1-28-B	Variable⁽²⁾	$ 3,193,627.50	September 25, 2037
1-29-A	Variable⁽²⁾	$ 3,096,832.50	September 25, 2037
1-29-B	Variable⁽²⁾	$ 3,096,832.50	September 25, 2037
1-30-A	Variable⁽²⁾	$ 3,003,075.00	September 25, 2037
1-30-B	Variable⁽²⁾	$ 3,003,075.00	September 25, 2037
1-31-A	Variable⁽²⁾	$ 2,911,950.00	September 25, 2037
1-31-B	Variable⁽²⁾	$ 2,911,950.00	September 25, 2037
1-32-A	Variable⁽²⁾	$ 2,823,862.50	September 25, 2037
1-32-B	Variable⁽²⁾	$ 2,823,862.50	September 25, 2037
1-33-A	Variable⁽²⁾	$ 2,738,205.00	September 25, 2037
1-33-B	Variable⁽²⁾	$ 2,738,205.00	September 25, 2037
1-34-A	Variable⁽²⁾	$ 2,654,977.50	September 25, 2037
1-34-B	Variable⁽²⁾	$ 2,654,977.50	September 25, 2037
1-35-A	Variable⁽²⁾	$ 2,574,585.00	September 25, 2037
1-35-B	Variable⁽²⁾	$ 2,574,585.00	September 25, 2037
1-36-A	Variable⁽²⁾	$ 20,079,787.50	September 25, 2037
1-36-B	Variable⁽²⁾	$ 20,079,787.50	September 25, 2037
1-37-A	Variable⁽²⁾	$ 1,882,755.00	September 25, 2037
1-37-B	Variable⁽²⁾	$ 1,882,755.00	September 25, 2037
1-38-A	Variable⁽²⁾	$ 1,825,582.50	September 25, 2037
1-38-B	Variable⁽²⁾	$ 1,825,582.50	September 25, 2037
1-39-A	Variable⁽²⁾	$ 1,770,300.00	September 25, 2037
1-39-B	Variable⁽²⁾	$ 1,770,300.00	September 25, 2037
1-40-A	Variable⁽²⁾	$ 1,716,435.00	September 25, 2037
1-40-B	Variable⁽²⁾	$ 1,716,435.00	September 25, 2037
1-41-A	Variable⁽²⁾	$ 1,664,460.00	September 25, 2037
1-41-B	Variable⁽²⁾	$ 1,664,460.00	September 25, 2037
1-42-A	Variable⁽²⁾	$ 1,613,745.00	September 25, 2037
1-42-B	Variable⁽²⁾	$ 1,613,745.00	September 25, 2037
1-43-A	Variable⁽²⁾	$ 1,564,762.50	September 25, 2037
1-43-B	Variable⁽²⁾	$ 1,564,762.50	September 25, 2037
1-44-A	Variable⁽²⁾	$ 1,517,355.00	September 25, 2037
1-44-B	Variable⁽²⁾	$ 1,517,355.00	September 25, 2037
1-45-A	Variable⁽²⁾	$ 1,471,050.00	September 25, 2037
1-45-B	Variable⁽²⁾	$ 1,471,050.00	September 25, 2037
1-46-A	Variable⁽²⁾	$ 1,426,477.50	September 25, 2037
1-46-B	Variable⁽²⁾	$ 1,426,477.50	September 25, 2037
1-47-A	Variable⁽²⁾	$ 1,383,007.50	September 25, 2037
1-47-B	Variable⁽²⁾	$ 1,383,007.50	September 25, 2037
1-48-A	Variable⁽²⁾	$ 1,341,112.50	September 25, 2037
1-48-B	Variable⁽²⁾	$ 1,341,112.50	September 25, 2037
1-49-A	Variable⁽²⁾	$ 1,300,162.50	September 25, 2037

Designation	Uncertificated REMIC 1 Pass-Through Rate	Initial Uncertificated Principal Balance	Latest Possible Maturity Date ⁽¹⁾
1-49-B	Variable⁽²⁾	$ 1,300,162.50	September 25, 2037
1-50-A	Variable⁽²⁾	$ 1,260,630.00	September 25, 2037
1-50-B	Variable⁽²⁾	$ 1,260,630.00	September 25, 2037
1-51-A	Variable⁽²⁾	$ 1,222,357.50	September 25, 2037
1-51-B	Variable⁽²⁾	$ 1,222,357.50	September 25, 2037
1-52-A	Variable⁽²⁾	$ 1,185,030.00	September 25, 2037
1-52-B	Variable⁽²⁾	$ 1,185,030.00	September 25, 2037
1-53-A	Variable⁽²⁾	$ 1,148,962.50	September 25, 2037
1-53-B	Variable⁽²⁾	$ 1,148,962.50	September 25, 2037
1-54-A	Variable⁽²⁾	$ 1,113,997.50	September 25, 2037
1-54-B	Variable⁽²⁾	$ 1,113,997.50	September 25, 2037
1-55-A	Variable⁽²⁾	$ 1,080,135.00	September 25, 2037
1-55-B	Variable⁽²⁾	$ 1,080,135.00	September 25, 2037
1-56-A	Variable⁽²⁾	$ 1,047,217.50	September 25, 2037
1-56-B	Variable⁽²⁾	$ 1,047,217.50	September 25, 2037
1-57-A	Variable⁽²⁾	$ 1,015,245.00	September 25, 2037
1-57-B	Variable⁽²⁾	$ 1,015,245.00	September 25, 2037
1-58-A	Variable⁽²⁾	$ 984,375.00	September 25, 2037
1-58-B	Variable⁽²⁾	$ 984,375.00	September 25, 2037
1-59-A	Variable⁽²⁾	$ 954,292.50	September 25, 2037
1-59-B	Variable⁽²⁾	$ 954,292.50	September 25, 2037
1-60-A	Variable⁽²⁾	$ 30,051,630.00	September 25, 2037
1-60-B	Variable⁽²⁾	$ 30,051,630.00	September 25, 2037
P	Variable⁽²⁾	$ 100.00	September 25, 2037
OC	Variable⁽²⁾	$ 196,613,419.09	September 25, 2037

________________________

⁽¹⁾	For purposes of Section 1.860G-1(a)(4)(iii) of the Treasury regulations, the Distribution Date in the month following the maturity date for the Mortgage Loan with the latest possible maturity date has been designated as the “latest possible maturity date” for each REMIC 1 Regular Interest.

⁽²⁾	Calculated in accordance with the definition of “Uncertificated REMIC 1 Pass-Through Rate” in this Agreement.

REMIC 2

As provided in this Agreement, the Trustee will make an election to treat the segregated pool of assets consisting of the REMIC 1 Regular Interests as a REMIC for federal income tax purposes, and such segregated pool of assets will be designated as “REMIC 2”. The Class R-2 Interest will represent the sole class of Residual Interests in REMIC 2 for purposes of the REMIC Provisions. The following table irrevocably sets forth the designation, the Uncertificated REMIC 2 Pass-Through Rate, the initial Uncertificated Principal Balance and, for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii), the “latest possible maturity date” for each of the REMIC 2 Regular Interests (as defined herein). None of the REMIC 2 Regular Interests will be certificated.

Designation	Uncertificated REMIC 2 Pass-Through Rate	Initial Uncertificated Principal Balance	Latest Possible Maturity Date⁽¹⁾
AA	Variable⁽²⁾	$ 779,689,508.31	September 25, 2037
A1-A	Variable⁽²⁾	$ 2,172,880.00	September 25, 2037
A1-B	Variable⁽²⁾	$ 2,611,410.00	September 25, 2037
A1-C	Variable⁽²⁾	$ 1,150,900.00	September 25, 2037
AM	Variable⁽²⁾	$ 1,483,800.00	September 25, 2037
M-1	Variable⁽²⁾	$ 99,450.00	September 25, 2037
M-2	Variable⁽²⁾	$ 91,490.00	September 25, 2037
M-3	Variable⁽²⁾	$ 51,710.00	September 25, 2037
M-4	Variable⁽²⁾	$ 43,760.00	September 25, 2037
M-5	Variable⁽²⁾	$ 39,780.00	September 25, 2037
M-6	Variable⁽²⁾	$ 35,800.00	September 25, 2037
M-7	Variable⁽²⁾	$ 31,820.00	September 25, 2037
M-8	Variable⁽²⁾	$ 27,850.00	September 25, 2037
B	Variable⁽²⁾	$ 39,780.00	September 25, 2037
ZZ	Variable⁽²⁾	$ 8,031,600.78	September 25, 2037
IO	Variable⁽²⁾	⁽³⁾	September 25, 2037
P	Variable⁽²⁾	$ 100.00	September 25, 2037

________________________

⁽¹⁾	For purposes of Section 1.860G-1(a)(4)(iii) of the Treasury regulations, the Distribution Date in the month following the maturity date for the Mortgage Loan with the latest possible maturity date has been designated as the “latest possible maturity date” for each REMIC 2 Regular Interest.

⁽²⁾	Calculated in accordance with the definition of “Uncertificated REMIC 2 Pass-Through Rate” in this Agreement.

⁽³⁾	REMIC 2 Regular Interest IO will not have an Uncertificated Principal Balance but will accrue interest on its uncertificated notional amount calculated in accordance with the related definition of “Uncertificated Notional Amount” herein.

REMIC 3

As provided in this Agreement, the Trustee will make an election to treat the segregated pool of assets consisting of the REMIC 2 Regular Interests as a REMIC for federal income tax purposes, and such segregated pool of assets will be designated as “REMIC 3”. The Class R-3 Interest will represent the sole class of Residual Interests in REMIC 3 for purposes of the REMIC Provisions.

The following table irrevocably sets forth the designation, the Pass-Through Rate, the Initial Certificate Principal Balance and, for purposes of satisfying Treasury Regulation Section 1.860G-1(a)(4)(iii), the “latest possible maturity date” for each class of Certificates and interests that represents ownership of one or more of the Regular Interests in REMIC 3 created hereunder.

Each Certificate, other than the Class C Certificates and the Class R Certificates, represents ownership of a Regular Interest in REMIC 3 and also represents (i) the right to receive certain amounts specified herein in respect of Net WAC Shortfall Amounts (as defined herein) and (ii) the obligation to pay Class IO Distribution Amounts (as defined herein). The entitlement to principal of the Regular Interest which corresponds to each such Certificate shall be equal in amount and timing to the entitlement to principal of such Certificate. The Class C Certificates represent ownership of a Regular Interest in REMIC 3 and also represent (i) the obligation to pay certain amounts specified herein in respect of Net WAC Shortfall Amounts and (ii) the right to receive Class IO Distribution Amounts.

Designation	Initial Certificate Principal Balance	Pass-Through Rate	Latest Possible Maturity Date⁽¹⁾
A1-A⁽²⁾	$ 217,288,000	Variable⁽³⁾	September 25, 2037
A1-B⁽²⁾	$ 261,141,000	Variable⁽³⁾	September 25, 2037
A1-C⁽²⁾	$ 115,090,000	Variable⁽³⁾	September 25, 2037
AM⁽²⁾	$ 148,380,000	Variable⁽³⁾	September 25, 2037
M-1⁽²⁾	$ 9,945,000	Variable⁽³⁾	September 25, 2037
M-2⁽²⁾	$ 9,149,000	Variable⁽³⁾	September 25, 2037
M-3⁽²⁾	$ 5,171,000	Variable⁽³⁾	September 25, 2037
M-4⁽²⁾	$ 4,376,000	Variable⁽³⁾	September 25, 2037
M-5⁽²⁾	$ 3,978,000	Variable⁽³⁾	September 25, 2037
M-6⁽²⁾	$ 3,580,000	Variable⁽³⁾	September 25, 2037
M-7⁽²⁾	$ 3,182,000	Variable⁽³⁾	September 25, 2037
M-8⁽²⁾	$ 2,785,000	Variable⁽³⁾	September 25, 2037
B⁽²⁾	$ 3,978,000	Variable⁽³⁾	September 25, 2037
C	$ 7,558,539.09⁽⁴⁾	Variable⁽³⁾	September 25, 2037
P	$ 100.00	0.00%	September 25, 2037
Class IO Interest	⁽⁵⁾	⁽⁶⁾	September 25, 2037

________________________

⁽¹⁾

For purposes of Section 1.860G-1(a)(4)(iii) of the Treasury regulations, the Distribution Date in the month following the maturity date for the Mortgage Loan with the latest possible maturity date has been designated as the “latest possible maturity date” for each Regular Interest in REMIC 3 the ownership of which is represented by the Class A, Class B, Class M, Class C and Class P Certificates and the Class IO Interest.

⁽²⁾

This Class of Certificates represents ownership of a Regular Interest in REMIC 3. Any amount distributed on this Class of Certificates on any Distribution Date in excess of the amount distributable on the related Regular Interest in REMIC 3 on such Distribution Date shall be treated for federal income tax purposes as having been paid from the Net WAC Shortfall Reserve Fund or the Supplemental Interest Trust, as applicable, and any amount distributable on the related Regular Interest in REMIC 3 on such Distribution Date in excess of the amount distributable on such Class of Certificates on such Distribution Date shall be treated for such purposes as having been distributed to the Holders of such Certificates and then paid by such Holders to the Supplemental Interest Trust, all pursuant to and as further provided in Section 4.09 hereof.

⁽³⁾

Calculated in accordance with the definition of “Pass-Through Rate” in this Agreement. Each Regular Interest in REMIC 3 which corresponds to a Class A, Class M or Class B Certificate will have the same Pass-Through Rate as such Certificate, except with respect to the related Net WAC Rate. The Net WAC Rate for each such Regular Interest in REMIC 3 and Certificate is specified in the related definition of “Net WAC Rate .”

⁽⁴⁾

The Class C Certificates will not accrue interest on its Certificate Principal Balance, but will accrue interest at its variable Pass-Through Rates on its Notional Balance outstanding from time to time, which shall equal the aggregate Uncertificated Principal Balance of the REMIC 2 Regular Interests (other than REMIC 2 Regular Interest P).

⁽⁵⁾	The Class IO Interest will not have a principal balance, but will have a notional amount equal to the Uncertificated Notional Amount of REMIC 2 Regular Interest IO.

⁽⁶⁾	The Class IO Interest will not have a Pass-Through Rate, but will be entitled to 100% of the amounts distributed on REMIC 2 Regular Interest IO.

ARTICLE I

DEFINITIONS

Section 1.01. Defined Terms.

Whenever used in this Agreement, the following words and phrases, unless the context otherwise requires, shall have the meanings specified in this Article. Unless otherwise specified, all calculations in respect of interest on the Class A, Class M and Class B Certificates shall accrue on the basis of a 360-day year and the actual number of days in the related Accrual Period. All calculations of interest on the Class C Certificates will be made on the basis of a 360-day year consisting of twelve 30-day months. The Class P and Class R Certificates do not accrue interest.

“Accrual Period”: With respect to each Class of Certificates (other than the Class C, Class P and Class R Certificates) and (i) with respect to the Distribution Date in May 2007, the period commencing on the Closing Date and ending on the day preceding the Distribution Date in May 2007, and (ii) with respect to any Distribution Date after the Distribution Date in May 2007, the period commencing on the Distribution Date in the month immediately preceding the month in which such Distribution Date occurs and ending on the day preceding such Distribution Date. With respect to the Class C Certificates and any Distribution Date, the calendar month immediately preceding such Distribution Date.

“Addition Notice”: With respect to the transfer of Subsequent Mortgage Loans to the Trust Fund pursuant to Section 2.07, a notice of the Depositor’s designation of the Subsequent Mortgage Loans to be sold to the Trust Fund and the Aggregate Stated Principal Balance of such Subsequent Mortgage Loans as of the related Subsequent Cut-off Date. The Addition Notice shall be given not later than three Business Days prior to the related Subsequent Transfer Date and shall be substantially in the form of Exhibit T.

“Adjustment Date”: As to each adjustable-rate Mortgage Loan, each date set forth in the related Mortgage Note on which an adjustment to the interest rate on such Mortgage Loan becomes effective.

“AdvanceAdvance”: As to any Mortgage Loan, any advance made by the Sub-Servicer or Master Servicer on any Distribution Date pursuant to Section 4.03.

“Affected Party”: As defined in the Interest Rate Swap Agreement.

“AffiliateAffiliate”: With respect to any Person, any other Person controlling, controlled by or under common control with such Person. For purposes of this definition, “control” means the power to direct the management and policies of a Person, directly or indirectly, whether through ownership of voting securities, by contract or otherwise and “controlling” and “controlled” shall have meanings correlative to the foregoing.

“Aggregate Stated Principal Balance” Aggregate Stated Principal Balance: As of any date of determination, the aggregate Stated Principal Balance of the Mortgage Loans.

“Agreement”: This Pooling and Servicing Agreement and all amendments hereof.

“Allocated Realized Loss Amount”: With respect to any Class of Class A, Class M and Class B Certificates and any Distribution Date, an amount equal to the sum of any Realized Loss allocated to that Class of Certificates on that Distribution Date and any Allocated Realized Loss Amount for that Class remaining unpaid from any previous Distribution Date (other than, with respect to the Class AM Certificates, a Realized Loss that was covered by the Certificate Guaranty Insurance Policy), minus any Subsequent Recoveries applied to such Allocated Realized Loss Amount.

“Assessment of Compliance”: As defined in Section 3.20.

“AssignmentAssignment”: An assignment of Mortgage, notice of transfer or equivalent instrument, in recordable form, which is sufficient under the laws of the jurisdiction wherein the related Mortgaged Property is located to reflect of record the sale of the Mortgage.

“Attestation Report”: As defined in Section 3.20.

“Available Distribution Amount”: With respect to any Distribution Date, an amount equal to the amount received by the Trustee and available in the Certificate Account on that Distribution Date. The Available Distribution Amount will be equal to (i) the sum of (1) the aggregate amount of scheduled payments on the Mortgage Loans received or advanced that were due during the related Due Period, (2) any unscheduled payments and receipts, including mortgagor prepayments on such Mortgage Loans, Insurance Proceeds, Liquidation Proceeds and Subsequent Recoveries, received during the related Prepayment Period and (3) any amounts transferred from the Pre-Funding Account pursuant to Section 4.14 after giving effect to any purchase of Subsequent Mortgage Loans and any amounts deposited into the Certificate Account from the Interest Coverage Account pursuant to Section 4.15 of this Agreement, in each case net of amounts reimbursable therefrom to the Trustee, the Master Servicer, the Supplemental Interest Trust Trustee and any Sub-Servicer, minus Master Servicing Fees, Subservicing Fees, Trustee Fees and any amounts needed to reimburse the Master Servicer for amounts due under this Agreement to the extent such amounts have not been retained by, or paid previously to the Master Servicer, and any amounts in respect of the premiums payable to the PMI Insurer under the PMI Insurer Policy.

“Balloon Loan”: Each of the Mortgage Loans identified in the Mortgage Loan Schedule as having an original term to maturity that is shorter than the related amortization term.

“Balloon Payment”: With respect to any Balloon Loan, the related Monthly Payment payable on the stated maturity date of such Balloon Loan.

“Bankruptcy Code”: The Bankruptcy Code of 1978, as amended.

“Basic Principal Distribution Amount”: With respect to any Distribution Date, the excess of (i) the Principal Remittance Amount for such Distribution Date over (ii) the Overcollateralization Release Amount, if any, for such Distribution Date.

“Book-Entry Certificate”: Each class of the Class A, Class M and Class B Certificates for so long as they are issued, maintained and transferred at the Depository.

“Business Day”: Any day other than a Saturday, a Sunday or a day on which banking institutions in California or New York (and such other state or states in which the Custodial Account or the Certificate Account are at the time located) or in the city in which the Corporate Trust Office of the Trustee is located are authorized or obligated by law or executive order to close.

“Cap Contract I”: The letter of agreement dated April 30, 2007, between Xxxxxx Brothers Special Financing Inc. and Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee, a form of which is attached hereto as Exhibit M.

“Cap Contract II”: The letter of agreement dated April 30, 2007, between Bear Xxxxxxx Financial Products Inc. and Deutsche Bank National Trust Company, not in its individual capacity, but solely as Supplemental Interest Trust Trustee, a form of which is attached hereto as Exhibit M.

“Cap Contracts”: Cap Contract I and Cap Contract II.

“Cap Contract I Counterparty”: The cap provider under each of the Cap Contracts required to make payments to the Supplemental Interest Trust for payment to the Trust Fund pursuant to the terms of the Cap Contracts, and any successor in interest or assign. Initially, the Cap Counterparty for Cap Contract I shall be Xxxxxx Brothers Special Financing Inc. and the Cap Counterparty for Cap Contract II shall be Bear Xxxxxxx Financial Products Inc.

“Cash Liquidation”: As to any defaulted Mortgage Loan other than a Mortgage Loan as to which an REO Acquisition occurred, a determination by the Master Servicer that it has received all Insurance Proceeds, Liquidation Proceeds and other payments or cash recoveries which the Master Servicer reasonably and in good faith expects to be finally recoverable with respect to such Mortgage Loan.

“Certificate”: Any Regular Certificate or Class R Certificate.

“Certificate Account”: The trust account or accounts created and maintained pursuant to Section 4.01, which shall be entitled Deutsche Bank National Trust Company, in trust for registered holders of Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-3, and which account or accounts must each be an Eligible Account.

“Certificate Account Deposit Date”: With respect to any Distribution Date, the Business Day immediately preceding such Distribution Date.

“Certificate Guaranty Insurance Policy”: The certificate guaranty insurance policy issued by the Certificate Insurer for the benefit of the Class AM Certificateholders.

“Certificate Insurer”: Ambac Assurance Corporation, a Wisconsin domiciled stock insurance corporation, or any successor thereto as provided in the Agreement.

“Certificate Margin”: The Certificate Margin for the Class A, Class M and Class B Certificates shall be:

Certificate Margin
Class	(1)	(2)
A1-A	0.110%	0.220%
A1-B	0.240%	0.480%
A1-C	0.360%	0.720%
AM	0.220%	0.440%
M-1	0.400%	0.600%
M-2	0.480%	0.720%
M-3	0.650%	0.975%
M-4	1.650%	2.475%
M-5	1.800%	2.700%
M-6	2.000%	3.000%
M-7	2.000%	3.000%
M-8	1.100%	1.650%
B	1.100%	1.650%

____________

(1) Prior to the Step-Up Date.

(2) On and after the Step-Up Date.

“Certificate Owner”: With respect to a Book-Entry Certificate, the Person who is the beneficial owner of such Certificate, as reflected on the books of an indirect participating brokerage firm for which a Depository Participant acts as agent, if any, and otherwise on the books of a Depository Participant, if any, and otherwise on the books of the Depository.

“Certificate Principal Balance”: With respect to any Certificate (other than the Class C Certificates and Class R Certificates) as of any date of determination, the Initial Certificate Principal Balance thereof, increased by any Subsequent Recoveries allocated thereto, and reduced by the aggregate of (a) all amounts allocable to principal previously distributed with respect to such Certificate and (b) any reductions in the Certificate Principal Balance thereof deemed to have occurred in connection with allocations of Realized Losses in the manner described herein. With respect to the Class C Certificates as of any date of determination, an amount equal to the excess, if any, of (a) the then aggregate Uncertificated Principal Balance of the REMIC 2 Regular Interests over (b) the then aggregate Certificate Principal Balance of the Class A, Class M, Class B and Class P Certificates then outstanding.

“Certificate Register”: The register maintained pursuant to Section 5.02.

“Certificateholder” or “Holder”: The Person in whose name a Certificate is registered in the Certificate Register, except that only a Permitted Transferee shall be a holder of a Residual Certificate for any purposes hereof and, solely for the purposes of giving any consent pursuant to this Agreement, any Certificate registered in the name of the Depositor or the Master Servicer or any affiliate thereof shall be deemed not to be outstanding and the Voting Rights to which such Certificate is entitled shall not be taken into account in determining whether the requisite percentage of Voting Rights necessary to effect any such consent has been obtained, except as otherwise provided in Section 11.01. The Trustee shall be entitled to rely upon a certification of the Depositor or the Master Servicer in determining if any Certificates are registered in the name of the respective affiliate. All references in this Agreement to “Holders” or “Certificateholders” shall reflect the rights of Certificate Owners as they may indirectly exercise such rights through the Depository and participating members thereof, except as otherwise specified in this Agreement; provided, however, that the Trustee shall be required to recognize as a “Holder” or “Certificateholder” only the Person in whose name a Certificate is registered in the Certificate Register.

“Class”: Collectively, all of the Certificates bearing the same designation.

“Class A Certificates”: The Class A1-A, Class A1-B, Class A1-C and Class AM Certificates.

“Class A1-A Certificate”: Any one of the Class A1-A Certificates as designated on the face thereof substantially in the form annexed hereto as Exhibit A, executed by the Trustee and authenticated and delivered by the Trustee, representing the right to distributions as set forth herein and therein and evidencing (i) a Regular Interest in REMIC 3, (ii) the right to receive Net WAC Shortfall Amounts and (iii) the obligation to pay Class IO Distribution Amounts.

“Class A1-B Certificate”: Any one of the Class A1-B Certificates as designated on the face thereof substantially in the form annexed hereto as Exhibit A, executed by the Trustee and authenticated and delivered by the Trustee, representing the right to distributions as set forth herein and therein and evidencing (i) a Regular Interest in REMIC 3, (ii) the right to receive Net WAC Shortfall Amounts and (iii) the obligation to pay Class IO Distribution Amounts.

“Class A1-C Certificate”: Any one of the Class A1-C Certificates as designated on the face thereof substantially in the form annexed hereto as Exhibit A, executed by the Trustee and authenticated and delivered by the Trustee, representing the right to distributions as set forth herein and therein and evidencing (i) a Regular Interest in REMIC 3, (ii) the right to receive Net WAC Shortfall Amounts and (iii) the obligation to pay Class IO Distribution Amounts.

“Class AM Certificate”: Any one of the Class AM Certificates as designated on the face thereof substantially in the form annexed hereto as Exhibit A, executed by the Trustee and authenticated and delivered by the Trustee, representing the right to distributions as set forth herein and therein and evidencing (i) a Regular Interest in REMIC 3, (ii) the right to receive Net WAC Shortfall Amounts and (iii) the obligation to pay Class IO Distribution Amounts.

“Class A Principal Distribution Amount”: For any Distribution Date, the excess of (1) the aggregate Certificate Principal Balance of the Class A Certificates immediately prior to such Distribution Date, over (2) the lesser of (x) 86.50% of the Aggregate Stated Principal Balance of the Mortgage Loans for such Distribution Date after giving effect to distributions made on that Distribution Date and (y) the Aggregate Stated Principal Balance of the Mortgage Loans for such Distribution Date after giving effect to distributions to be made on that Distribution Date minus the Overcollateralization Floor.

“Class B Certificate”: Any one of the Class B Certificates as designated on the face thereof substantially in the form annexed hereto as Exhibit B-2, executed by the Trustee and authenticated and delivered by the Trustee, representing the right to distributions as set forth herein and therein and evidencing (i) a Regular Interest in REMIC 3, (ii) the right to receive Net WAC Shortfall Amounts and (iii) the obligation to pay Class IO Distribution Amounts.

“Class C Certificates”: Any one of the Class C Certificates as designated on the face thereof substantially in the form annexed hereto as Exhibit B-3, executed by the Trustee and authenticated and delivered by the Trustee, representing the right to distributions as set forth herein and therein and evidencing (i) a Regular Interest in REMIC 3, (ii) the obligation to pay Net WAC Shortfall Amounts and (iii) the right to receive Class IO Distribution Amounts.

“Class C Distribution Amount”: With respect to any Distribution Date, the sum of (i) the Monthly Interest Distributable Amount for the Class C Certificates for such Distribution Date, (ii) any Overcollateralization Release Amount for such Distribution Date and (iii) without duplication, any Subsequent Recoveries not distributed to the Class A, Class M and Class B Certificates on such Distribution Date; provided, however that on any Distribution Date after the Distribution Date on which the Certificate Principal Balances of the Class A, Class M and Class B Certificates have been reduced to zero, the Class C Distribution Amount shall include the Overcollateralized Amount.

“Class IO Interest”: An uncertificated interest in the Trust Fund held by the Trustee on behalf of the Supplemental Interest Trust, evidencing a Regular Interest in REMIC 3 for purposes of the REMIC Provisions.

“Class IO Distribution Amount”: As defined in Section 4.09 hereof. For purposes of clarity, the Class IO Distribution Amount for any Distribution Date shall equal the amount payable to the Supplemental Interest Trust with respect to the Interest Rate Swap Agreement pursuant to the sixth paragraph of Section 4.01(a) (except for the last sentence thereof) on such Distribution Date in excess of the amount payable on the Class IO Interest on such Distribution Date, all as further provided in Section 4.09 hereof.

“Class M Certificates”: The Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7 and Class M-8 Certificates.

“Class M Interest Reserve Fund”: A reserve fund to cover Net WAC Shortfall Amounts on the Class X-0, Xxxxx X-0, Class M-6 and Class M-7 Certificates as described in Section 4.13.

“Class M Interest Reserve Fund Amount”: The Class M-4 Interest Reserve Fund Amount, Class M-5 Interest Reserve Fund Amount, Class M-6 Interest Reserve Fund Amount and Class M-7 Interest Reserve Fund Amount, as applicable.

“Class M-1 Certificate”: Any one of the Class M-1 Certificates as designated on the face thereof substantially in the form annexed hereto as Exhibit B-1, executed by the Trustee and authenticated and delivered by the Trustee, representing the right to distributions as set forth herein and therein and evidencing (i) a Regular Interest in REMIC 3, (ii) the right to receive Net WAC Shortfall Amounts and (iii) the obligation to pay Class IO Distribution Amounts.

“Class M-2 Certificate”: Any one of the Class M-2 Certificates as designated on the face thereof substantially in the form annexed hereto as Exhibit B-1, executed by the Trustee and authenticated and delivered by the Trustee, representing the right to distributions as set forth herein and therein and evidencing (i) a Regular Interest in REMIC 3, (ii) the right to receive Net WAC Shortfall Amounts and (iii) the obligation to pay Class IO Distribution Amounts.

“Class M-3 Certificate”: Any one of the Class M-3 Certificates as designated on the face thereof substantially in the form annexed hereto as Exhibit B-1, executed by the Trustee and authenticated and delivered by the Trustee, representing the right to distributions as set forth herein and therein and evidencing (i) a Regular Interest in REMIC 3, (ii) the right to receive Net WAC Shortfall Amounts and (iii) the obligation to pay Class IO Distribution Amounts.

“Class M-4 Certificate”: Any one of the Class M-4 Certificates as designated on the face thereof substantially in the form annexed hereto as Exhibit B-1, executed by the Trustee and authenticated and delivered by the Trustee, representing the right to distributions as set forth herein and therein and evidencing (i) a Regular Interest in REMIC 3, (ii) the right to receive Net WAC Shortfall Amounts and (iii) the obligation to pay Class IO Distribution Amounts.

“Class M-4 Interest Reserve Fund Amount”: The amount deposited in the Class M Interest Reserve Fund on the Closing Date by the Depositor to cover Net WAC Shortfall Amounts on the Class M-4 Certificates, reduced by any distributions to the Class M-4 Certificates pursuant to Section 4.13 on previous Distribution Dates. Initially, $80,900.

“Class M-5 Certificate”: Any one of the Class M-5 Certificates as designated on the face thereof substantially in the form annexed hereto as Exhibit B-1, executed by the Trustee and authenticated and delivered by the Trustee, representing the right to distributions as set forth herein and therein and evidencing (i) a Regular Interest in REMIC 3, (ii) the right to receive Net WAC Shortfall Amounts and (iii) the obligation to pay Class IO Distribution Amounts.

“Class M-5 Interest Reserve Fund Amount”: The amount deposited in the Class M Interest Reserve Fund on the Closing Date by the Depositor to cover Net WAC Shortfall Amounts on the Class M-5 Certificates, reduced by any distributions to the Class M-5 Certificates pursuant to Section 4.13 on previous Distribution Dates. Initially, $97,700.

“Class M-6 Certificate”: Any one of the Class M-6 Certificates as designated on the face thereof substantially in the form annexed hereto as Exhibit B-1, executed by the Trustee and authenticated and delivered by the Trustee, representing the right to distributions as set forth herein and therein and evidencing (i) a Regular Interest in REMIC 3, (ii) the right to receive Net WAC Shortfall Amounts and (iii) the obligation to pay Class IO Distribution Amounts.

“Class M-6 Interest Reserve Fund Amount”: The amount deposited in the Class M Interest Reserve Fund on the Closing Date by the Depositor to cover Net WAC Shortfall Amounts on the Class M-6 Certificates, reduced by any distributions to the Class M-6 Certificates pursuant to Section 4.13 on previous Distribution Dates. Initially, $118,000.

“Class M-7 Certificate”: Any one of the Class M-7 Certificates as designated on the face thereof substantially in the form annexed hereto as Exhibit B-1, executed by the Trustee and authenticated and delivered by the Trustee, representing the right to distributions as set forth herein and therein and evidencing (i) a Regular Interest in REMIC 3, (ii) the right to receive Net WAC Shortfall Amounts and (iii) the obligation to pay Class IO Distribution Amounts.

“Class M-7 Interest Reserve Fund Amount”: The amount deposited in the Class M Interest Reserve Fund on the Closing Date by the Depositor to cover Net WAC Shortfall Amounts on the Class M-7 Certificates, reduced by any distributions to the Class M-7 Certificates pursuant to Section 4.13 on previous Distribution Dates. Initially, $104,900.

“Class M-8 Certificate”: Any one of the Class M-8 Certificates as designated on the face thereof substantially in the form annexed hereto as Exhibit B-1, executed by the Trustee and authenticated and delivered by the Trustee, representing the right to distributions as set forth herein and therein and evidencing (i) a Regular Interest in REMIC 3, (ii) the right to receive Net WAC Shortfall Amounts and (iii) the obligation to pay Class IO Distribution Amounts.

“Class P Certificate”: Any one of the Class P Certificates as designated on the face thereof substantially in the form annexed hereto as Exhibit B-4, executed by the Trustee and authenticated and delivered by the Trustee, representing the right to distributions as set forth herein and therein and evidencing (i) a Regular Interest in REMIC 3 and (ii) the right to receive any Master Servicer Prepayment Charge Payment Amounts.

“Class R Certificate”: Any one of the Class R Certificates as designated on the face thereof substantially in the form annexed hereto as Exhibit B-5, evidencing the ownership of the Class R-1 Interest, Class R-2 Interest and Class R-3 Interest.

“Class R-1 Interest”: The uncertificated Residual Interest in REMIC 1.

“Class R-2 Interest”: The uncertificated Residual Interest in REMIC 2.

“Class R-3 Interest”: The uncertificated Residual Interest in REMIC 3.

“Closing Date”: April 30, 2007.

“Code”: The Internal Revenue Code of 1986.

“Collateral Account”: Shall mean the segregated trust account created and maintained by the Custodian pursuant to Section 4.11 hereof.

“Collateral Value”: The appraised value of a Mortgaged Property based upon the lesser of (i) the appraisal (as reviewed and approved by the Sponsor) made at the time of the origination of the related Mortgage Loan, or (ii) the sales price of such Mortgaged Property at such time of origination. With respect to a Mortgage Loan the proceeds of which were used to refinance an existing mortgage loan, the appraised value of the Mortgaged Property based upon the appraisal (as reviewed and approved by the Sponsor) obtained at the time of refinancing.

“Commission”: The Securities and Exchange Commission.

“Compensating Interest”: With respect to any Distribution Date, any payments made by the Sub-Servicer or the Master Servicer from its own funds to cover Prepayment Interest Shortfalls, which shall be equal to the lesser of the sum of the Master Servicing and Subservicing Fees for the related Distribution Date, and the Prepayment Interest Shortfall for such Distribution Date.

“Corporate Trust Office”: The principal corporate trust office of the Trustee at which at any particular time its corporate trust business related to this Agreement shall be administered, which office at the date of the execution of this Agreement is located at 1761 Xxxx Xx. Xxxxxx Xxxxx, Xxxxx Xxx, Xxxxxxxxxx 00000, Xxtention: Corporate Trust, Impac Secured Assets Corp. Series 2007-3 (IM07S3).

“Corresponding Certificate”: With respect to each REMIC 2 Regular Interest (other than REMIC 2 Regular Interests AA, IO and ZZ), the Certificate with the corresponding designation. With respect to each REMIC 3 Regular Interest (other than the Class IO Interest), the related Certificate representing an ownership therein.

“Countrywide”: Countrywide Home Loans Servicing LP, or its successor in interest.

“Credit Enhancement Percentage”: For any Distribution Date after the Stepdown Date, the percentage equivalent of a fraction, the numerator of which is equal to (a) the excess of (i) the Aggregate Stated Principal Balance of the Mortgage Loans for such Distribution Date (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period) over (ii) (1) before the aggregate Certificate Principal Balance of the Class A Certificates have been reduced to zero, the aggregate Certificate Principal Balance of the Class A Certificates (after taking into account distribution of the Principal Distribution Amount for such Distribution Date), or (2) after such time, the Certificate Principal Balance of the most senior class of Subordinate Certificates outstanding (after taking into account distribution of the Principal Distribution Amount for such Distribution Date) and the denominator of which is equal to (b) the Aggregate Stated Principal Balance of the Mortgage Loans for such Distribution Date (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period).

“Credit Support Annex One”: The credit support annex, dated as of April 30, 2007, between the Supplemental Interest Trust Trustee and Xxxxxx Brothers Special Financing Inc.

“Credit Support Annex Two”: The credit support annex, dated as of April 30, 2007, between the Supplemental Interest Trust Trustee and Bear Xxxxxxx Financial Products Inc.

“Current Report”: The Current Report pursuant to Section 13 or 15(d) of the Exchange Act.

“Curtailment”: Any Principal Prepayment made by a Mortgagor which is not a Principal Prepayment in Full.

“Custodial Account”: The custodial account or accounts created and maintained pursuant to Section 3.10 in the name of a depository institution, as custodian for the Holders of the Certificates. Any such account or accounts shall be an Eligible Account.

“Custodian”: As defined in Section 4.11.

“Cut-off Date”: With respect to the Initial Mortgage Loans, April 1, 2007. With respect to the Subsequent Mortgage Loans, the applicable Subsequent Cut-off Date. References herein to the “Cut-off Date,” when used with respect to more than one Mortgage Loan, shall be to the respective Cut-off Dates for such Mortgage Loans.

“Cut-off Date Balance”: The sum of (a) the Aggregate Stated Principal Balance of the Initial Mortgage Loans as of the Cut-off Date and (b) the Original Pre-Funded Amount.

“Defaulted Mortgage Loan”: means any Mortgage Loan as to which the Mortgagor has failed to make unexcused three or more consecutive scheduled Monthly Payments.

“Defaulting Party”: As defined in the Interest Rate Swap Agreement.

“Deficiency Amount” : As applied to the Class AM Certificates, (A) with respect to each Distribution Date prior to the Final Scheduled Distribution Date, an amount equal to the sum of (i) the excess, if any, of (a) the aggregate amount of the Monthly Interest Distributable Amount on the Class AM Certificates for that Distribution Date over (b) the funds available to make payment thereof pursuant to Article IV of this Agreement for that Distribution Date and (ii) the amount of any Realized Losses allocated to the Class AM Certificates for such Distribution Date; and (B) with respect to the Final Scheduled Distribution Date and the Class AM Certificates, an amount equal to the sum of (i) the excess, if any, of (a) the amount of the Monthly Interest Distributable Amount on the Class AM Certificates for the Final Scheduled Distribution Date over (b) the funds available to make payment thereof pursuant to Article IV of this Agreement for the Final Scheduled Distribution Date and (ii) the outstanding Certificate Principal Balance of the Class AM Certificates due on the Final Scheduled Distribution Date to the extent not paid from the related Available Distribution Amount on the Final Scheduled Distribution Date. Any Deficiency Amount shall not include any Prepayment Interest Shortfalls, any Relief Act Shortfalls or any Net WAC Shortfall Amounts.

“Deficient Valuation”: With respect to any Mortgage Loan, a valuation by a court of competent jurisdiction of the Mortgaged Property in an amount less than the then outstanding indebtedness under the Mortgage Loan, or any reduction in the amount of principal to be paid in connection with any scheduled Monthly Payment that constitutes a permanent forgiveness of principal, which valuation or reduction results from a proceeding under the Bankruptcy Code.

“Definitive Certificate”: Any definitive, fully registered Certificate.

“Deleted Mortgage Loan”: A Mortgage Loan replaced or to be replaced with a Qualified Substitute Mortgage Loan.

“Delinquent”: The delinquency method used for calculations with respect to the mortgage loans will be in accordance with the methodology used by lenders regulated by the Office of Thrift Supervision. Under this method, a mortgage loan is considered “30 days or more Delinquent” if, as of the date of determination, the borrower fails to make the scheduled payment for the second immediately preceding Due Date of the mortgage loan prior to the close of business on such due date. A mortgage loan would be considered “60 days or more delinquent” with respect to such scheduled payment if, as of the date of determination, the borrower fails to make the scheduled payment for the third immediately preceding Due Date of the mortgage loan prior to the close of business on such due date. Similarly for “90 days or more delinquent” and so on. Unless otherwise specified, with respect to any date of determination, determinations of delinquency are made as of the last day of the calendar month immediately preceding the related Distribution Date. Mortgage Loans with Due Dates which are not the first of the month are treated as if the Due Date were the first of the following month.

“Depositor” Impac Secured Assets Corp., or its successor in interest.

“Depository”: The Depository Trust Company, or any successor Depository hereafter named. The nominee of the initial Depository for purposes of registering those Certificates that are to be Book-Entry Certificates is Cede & Co. The Depository shall at all times be a “clearing corporation” as defined in Section 8-102(5) of the Uniform Commercial Code of the State of New York and a “clearing agency” registered pursuant to the provisions of Section 17A of the Securities Exchange Act of 1934, as amended.

“Depository Participant”: A broker, dealer, bank or other financial institutions or other Person for whom from time to time a Depository effects book-entry transfers and pledges of securities deposited with the Depository.

“Derivative Account”: As defined in Section 4.09(i).

“Derivative Contract”: Any of the Cap Contracts or Interest Rate Swap Agreement, as applicable.

“Derivative Termination Payment”: Any termination payment due under a Derivative Contract upon the early termination of such Derivative Contract.

“Determination Date”: With respect to any Distribution Date, the 15th day of the month in which such Distribution Date occurs or, if such day is not a Business Day, on the immediately preceding Business Day.

“Disqualified Organization”: Any organization defined as a “disqualified organization” under Section 860E(e)(5) of the Code, which includes any of the following: (i) the United States, any State or political subdivision thereof, any possession of the United States, or any agency or instrumentality of any of the foregoing (other than an instrumentality which is a corporation if all of its activities are subject to tax and, except for the Xxxxxxx Mac, a majority of its board of directors is not selected by such governmental unit), (ii) a foreign government, any international organization, or any agency or instrumentality of any of the foregoing, (iii) any organization (other than certain farmers' cooperatives described in Section 521 of the Code) which is exempt from the tax imposed by Chapter 1 of the Code (including the tax imposed by Section 511 of the Code on unrelated business taxable income), (iv) rural electric and telephone cooperatives described in Section 1381(a)(2)(C) of the Code and (v) any other Person so designated by the Trustee based upon an Opinion of Counsel that the holding of an Ownership Interest in a Class R Certificate by such Person may cause REMIC 1, REMIC 2 or REMIC 3 or any Person having an Ownership Interest in any Class of Certificates (other than such Person) to incur a liability for any federal tax imposed under the Code that would not otherwise be imposed but for the Transfer of an Ownership Interest in a Class R Certificate to such Person. The terms “United States”, “State” and “international organization” shall have the meanings set forth in Section 7701 of the Code or successor provisions.

“Distribution Date”: The 25th day of any month, or if such 25th day is not a Business Day, the Business Day immediately following such 25th day, commencing in May 2007.

“Distribution Report”: The Asset-Backed Issuer Distribution Report pursuant to Section 13 or 15(d) of the Exchange Act.

“Due Date”: With respect to each Mortgage Loan, the first day of the month of the related Distribution Date.

“Due Period”: With respect to any Distribution Date, the period commencing on the second day of the month preceding the month in which such Distribution Date occurs (or, with respect to the first Due Period, the day following the Cut-off Date) and ending on the first day of the month in which such Distribution Date occurs.

“Eligible Account”: Any of (i) a segregated account maintained with a federal or state chartered depository institution (A) the short-term obligations of which are rated A-1+ or better by Standard & Poor's and P-1 by Xxxxx'x at the time of any deposit therein or if such account is maintained with PNC Bank, National Association, rated no less than A-1 by Standard & Poor’s and no less than P-1 by Xxxxx’x or (B) insured by the FDIC (to the limits established by such Corporation), the uninsured deposits in which account are otherwise secured such that, as evidenced by an Opinion of Counsel (obtained by the Person requesting that the account be held pursuant to this clause (ii)) delivered to the Trustee prior to the establishment of such account, the Certificateholders will have a claim with respect to the funds in such account and a perfected first priority security interest against any collateral (which shall be limited to Permitted Investments, each of which shall mature not later than the Business Day immediately preceding the Distribution Date next following the date of investment in such collateral or the Distribution Date if such Permitted Investment is an obligation of the institution that maintains the Certificate Account, Insurance Account or Custodial Account) securing such funds that is superior to claims of any other depositors or general creditors of the depository institution with which such account is maintained, (ii) a segregated trust account or accounts maintained with a federal or state chartered depository institution or trust company subject to regulations regarding fiduciary funds on deposit similar to Title 12 of the Code of Federal Regulations Section 9.10(b), which, in either case, has corporate trust powers, acting in its fiduciary capacity or (iii) a segregated account or accounts of a depository institution acceptable to the Rating Agencies (as evidenced in writing by the Rating Agencies that use of any such account as the Custodial Account or the Certificate Account will not have an adverse effect on the then-current ratings assigned to the Classes of the Certificates then rated by the Rating Agencies). Eligible Accounts may bear interest.

“Estimated Swap Termination Payment”: As defined in the Interest Rate Swap Agreement.

“Event of Default”: One or more of the events described in Section 7.01.

“Excess Proceeds”: As defined in Section 3.22.

“Exchange Act”: The Securities Exchange Act of 1934, as amended, and the rules and regulations promulgated thereunder.

“Extra Principal Distribution Amount”: With respect to any Distribution Date, the lesser of (x) the Overcollateralization Deficiency Amount for such Distribution Date and (y) the sum of (1) the Net Monthly Excess Cashflow Amount for such Distribution Date and (2) amounts available from the Supplemental Interest Trust to pay principal as provided in Section 4.01(f)(iii) hereof.

“Xxxxxx Xxx”: Xxxxxx Xxx (formerly, Federal National Mortgage Association) or any successor thereto.

“FDIC”: Federal Deposit Insurance Corporation or any successor.

“Final Scheduled Distribution Date”: The Distribution Date occurring in September 2037.

“Xxxxxxx Mac”: Federal Home Loan Mortgage Corporation or any successor.

“Gross Margin”: With respect to any Mortgage Loan, the percentage set forth as the “Gross Margin” for such Mortgage Loan on the Mortgage Loan Schedule, as adjusted from time to time in accordance with the terms of this Agreement.

“Index”: With respect to any Mortgage Loan, the index for the adjustment of the Mortgage Rate set forth as such on the related Mortgage Note.

“Initial Certificate Principal Balance”: With respect to each Class of Regular Certificates, the Initial Certificate Principal Balance of such Class of Certificates as set forth in the Preliminary Statement hereto, or with respect to any single Certificate, the Initial Certificate Principal Balance as stated on the face thereof.

“Initial Interest Coverage Deposit”: $898,160.00.

“Initial Mortgage Loans“: Any of the Mortgage Loans included in the Trust Fund as of the Closing Date as indicated on the Mortgage Loan Schedule attached hereto.

“Initial Notional Amount”: With respect to the Class C Certificates, an amount equal to the Notional Balance of the Class C Certificates, or with respect to any single Certificate, the Initial Notional Amount as stated on the face thereof.

“Insurance Account”: The segregated, non-interest bearing trust account created and maintained pursuant to Section 4.12(ii) of this Agreement. The Insurance Account shall be an Eligible Account.

“Insurance Agreement”: The Insurance and Indemnity Agreement, dated as of April 30, 2007, among the Certificate Insurer, the Depositor, the Sponsor, the Master Servicer, the Trustee and Impac Mortgage Holdings, Inc., in regard to the Class AM Certificates, as such agreement may be amended, modified or supplemented from time to time.

“Insurance Policy”: With respect to any Mortgage Loan, any insurance policy (including a PMI Insurer Policy) which is required to be maintained from time to time under this Agreement in respect of such Mortgage Loan.

“Insurance Proceeds”: Proceeds paid in respect of the Mortgage Loans pursuant to any Primary Hazard Insurance Policy, any title insurance policy or any other insurance policy covering a Mortgage Loan, to the extent such proceeds are not applied to the restoration of the related Mortgaged Property or released to the Mortgagor in accordance with the procedures that the Master Servicer would follow in servicing mortgage loans held for its own account.

“Insured Amounts”: Shall mean (1) with respect to any Distribution Date, any Deficiency Amount plus any Preference Amount and (2) with respect to the Final Scheduled Distribution Date, the Deficiency Amount for the Final Scheduled Distribution Date.

“Insurer Default”: An insurer default will occur in the event the Certificate Insurer fails to make a payment under the Certificate Guaranty Insurance Policy or if certain events of bankruptcy or insolvency occur with respect to the Certificate Insurer.

“Interest Coverage Account”: A trust account that the Trustee will establish for the benefit of the Certificateholders.

“Interest Coverage Distribution Amount": With respect to each Distribution Date, an amount equal to (x) the weighted average of the Net Mortgage Rates on the then outstanding Mortgage Loans as of the first day of the month preceding the month in which such Distribution Date occurs, weighted based on the Stated Principal Balances of such Mortgage Loans as of the beginning of the related Due Period, multiplied by (y) the sum of (A) the remaining Pre-Funded Amount outstanding as of the beginning of the related Due Period and (B) the aggregate Stated Principal Balance of the Subsequent Mortgage Loans transferred to the Trust during the related Due Period that do not have a Subsequent Cut-off Date prior to the beginning of the related Due Period, divided by (z) 12.

“Interest Rate Swap Agreement”: An interest rate swap agreement, dated as of April 30, 2007, between the Supplemental Interest Trust, by Deutsche Bank National Trust Company, as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust, and the Swap Provider for the benefit of the Class A, Class M and Class B Certificates, together with any schedules, confirmations or other agreements relating thereto, a form of which is attached hereto as Exhibit M.

“Interest Remittance Amount”: With respect to any Distribution Date, that portion of the Available Distribution Amount for such Distribution Date that represents interest received or advanced with respect to the Mortgage Loans or amounts received from the Interest Coverage Account.

“Late Collections”: With respect to any Mortgage Loan, all amounts received during any Due Period, whether as late payments of Monthly Payments or as Insurance Proceeds, Liquidation Proceeds or otherwise, which represent late payments or collections of Monthly Payments due but Delinquent for a previous Due Period and not previously recovered.

“LIBOR”: With respect to any Distribution Date and the Pass-Through Rates on the Class A Certificates and Subordinate Certificates, the arithmetic mean of the London interbank offered rate quotations of reference banks (which will be selected by the Trustee after consultation with the Master Servicer) for one-month U.S. dollar deposits, expressed on a per annum basis, determined in accordance with Section 1.02.

“LIBOR Business Day”: Any day other than (i) Saturday or Sunday or (ii) a day on which banking institutions in the city of London, England and New York City are required or authorized by law to be closed.

“LIBOR Rate Adjustment Date”: With respect to each Distribution Date, the second LIBOR Business Day immediately preceding the commencement of the related Accrual Period.

“Liquidated Mortgage Loan”: As to any Distribution Date, any Mortgage Loan in respect of which the Master Servicer has determined, in accordance with the servicing procedures specified herein, as of the end of the related Prepayment Period, that all Liquidation Proceeds which it expects to recover with respect to the liquidation of the Mortgage Loan or disposition of the related REO Property have been recovered.

“Liquidation Proceeds”: Amounts (other than Insurance Proceeds) received by the Master Servicer in connection with the taking of an entire Mortgaged Property by exercise of the power of eminent domain or condemnation or in connection with the liquidation of a defaulted Mortgage Loan through trustee’s sale, foreclosure sale or otherwise, other than amounts received in respect of any REO Property.

“Loan-to-Value Ratio”: As of any date, the fraction, expressed as a percentage, the numerator of which is the current principal balance of the related Mortgage Loan at the date of determination and the denominator of which is the Collateral Value of the related Mortgaged Property.

“Lost Note Affidavit”: With respect to any Mortgage Note, an original lost note affidavit from the Sponsor stating that the original Mortgage Note was lost, misplaced or destroyed, together with a copy of the related Mortgage Note.

“Majority Class C Certificateholder”: The holder of a 50.01% or greater Percentage Interest of the Class C Certificates.

“Marker Rate”: With respect to the Class C Certificates and any Distribution Date, a per annum rate equal to two (2) times the weighted average of the Uncertificated REMIC 2 Pass-Through Rates for each REMIC 2 Regular Interest for which a Class A, Class M or Class B Certificate is the Corresponding Certificate and REMIC 2 Regular Interest ZZ, with the rate on each such REMIC 2 Regular Interest (other than REMIC 2 Regular Interests AM and ZZ) subject to a cap equal to the lesser of (i) the Pass-Through Rate for the Corresponding Certificate determined without regard to the Net WAC Rate for such Distribution Date, and (ii) the Net WAC Rate for the REMIC 3 Regular Interest the ownership of which is represented by the Corresponding Certificate for such Distribution Date for the purpose of this calculation, with the rate on REMIC 2 Regular Interest AM subject to a cap equal to the lesser of (i) the Pass-Through Rate for the Corresponding Certificate determined without regard to the Net WAC Rate for such Distribution Date, and (ii) the Net WAC Rate for the REMIC 3 Regular Interest the ownership of which is represented by the Corresponding Certificate, in each case plus the Policy Premium Rate, for such Distribution Date for the purpose of this calculation, and with the rate on REMIC 2 Regular Interest ZZ subject to a cap of zero for the purpose of this calculation; provided, however, that solely for this purpose, the related cap with respect to each such REMIC 3 Regular Interest (other than REMIC 3 Regular Interest ZZ) shall be multiplied by a fraction, the numerator of which is 30 and the denominator of which is the actual number of days in the related Accrual Period.

“Master Servicer”: Impac Funding Corporation, or any successor master servicer appointed as herein provided.

“Master Servicer Prepayment Charge Payment Amount”: The amounts payable by the Master Servicer in respect of any waived Prepayment Charges pursuant to Section 3.01, and any amount paid to the Trust Fund by any Person to remedy any breach of any representation, warranty or covenant made with respect to the Prepayment Charges to the extent the Trust Fund, as assignee, is the beneficiary of such representation, warranty or covenant.

“Master Servicing Fees”: With respect to each Mortgage Loan, an amount, payable out of any payment of interest on the Mortgage Loan, equal to interest at the Master Servicing Fee Rate on the Stated Principal Balance of such Mortgage Loan as of the Due Date in the calendar month preceding the month in which the payment of the Master Servicing Fee is due (alternatively, in the event such payment of interest accompanies a Principal Prepayment in part or in full made by the Mortgagor, interest for the number of days covered by such payment of interest). The Master Servicing Fee consists of servicing compensation payable to the Master Servicer in respect of its master servicing responsibilities.

“Master Servicing Fee Rate”: With respect to each Mortgage Loan, the per annum rate of 0.030%.

“Maximum Uncertificated Accrued Interest Deferral Amount”: With respect to any Distribution Date, the excess of (i) the sum of (x) the accrued interest at the Uncertificated REMIC 2 Pass-Through Rate applicable to REMIC 2 Regular Interest ZZ for such Distribution Date on a balance equal to the Uncertificated Principal Balance of REMIC 2 Regular Interest ZZ minus the REMIC 2 Overcollateralized Amount, in each case for such Distribution Date and (y) 1.00% of the accrued interest on REMIC 2 Regular Interest P at the applicable Uncertificated REMIC 2 Pass-Through Rate for such Distribution Date, over (ii) the aggregate amount of Uncertificated Accrued Interest for such Distribution Date on the REMIC 2 Regular Interests for which the Class A, Class B and Class M Certificates are the Corresponding Certificates, with the rate on each such REMIC 2 Regular Interest (other than REMIC 2 Regular Interest AM) subject to a cap equal to the lesser of (1) the Pass-Through Rate for the Corresponding Certificate determined without regard to the Net WAC Rate for such Distribution Date, and (2) the Net WAC Rate for the REMIC 3 Regular Interest the ownership of which is represented by the Corresponding Certificate for such Distribution Date for the purpose of this calculation, and with the rate on REMIC 2 Regular Interest AM subject to a cap equal to the lesser of (i) the Pass-Through Rate for the Corresponding Certificate determined without regard to the Net WAC Rate for such Distribution Date, and (ii) the Net WAC Rate for the REMIC 3 Regular Interest the ownership of which is represented by the Corresponding Certificate, in each case plus the Policy Premium Rate, for such Distribution Date for the purpose of this calculation; provided, however, that solely for this purpose, the related cap with respect to each such REMIC 2 Regular Interest shall be multiplied by a fraction, the numerator of which is 30 and the denominator of which is the actual number of days in the related Accrual Period.

“MERS”: Mortgage Electronic Registration Systems, Inc., a corporation organized and existing under the laws of the State of Delaware, or any successor thereto.

“MERS® System”: The system of recording transfers of Mortgages electronically maintained by MERS.

“MINMIN”: The Mortgage Identification Number for Mortgage Loans registered with MERS on the MERS® System.

“MOM Loan”: With respect to any Mortgage Loan, MERS acting as the mortgagee of such Mortgage Loan, solely as nominee for the originator of such Mortgage Loan and its successors and assigns, at the origination thereof.

“Monthly Interest Distributable Amount”: For any Distribution Date and each Class of Class A, Class M, Class B and Class C Certificates and Class IO Interest, the amount of interest accrued during the related Accrual Period at the related Pass-Through Rate on the Certificate Principal Balances or Notional Balances or Uncertificated Notional Amounts of such Certificates or interests immediately prior to such Distribution Date, in each case, reduced by any Prepayment Interest Shortfalls to the extent not covered by Compensating Interest payable by the Sub-Servicer or Master Servicer and any shortfalls resulting from the application of the Relief Act (in each case to the extent allocated to such Class of Certificates or interests as set forth in Section 1.03). The Monthly Interest Distributable Amount on the Class A, Class M and Class B Certificates will be calculated on the basis of the actual number of days in the related Accrual Period and a 360 day-year.

“Monthly Payment”: With respect to any Mortgage Loan, the scheduled monthly payment of principal and interest on such Mortgage Loan which is payable by a Mortgagor from time to time under the related Mortgage Note as originally executed (after adjustment, if any, for Deficient Valuations occurring prior to such Due Date, and after any adjustment by reason of any bankruptcy or similar proceeding or any moratorium or similar waiver or grace period).

“Moody's”: Xxxxx'x Investors Service, Inc., or its successor in interest.

“Mortgage”: The mortgage, deed of trust or any other instrument securing the Mortgage Loan.

“Mortgage File”: The mortgage documents listed in Section 2.01 pertaining to a particular Mortgage Loan and any additional documents required to be added to the Mortgage File pursuant to this Agreement and the Custodial Agreement; provided, that whenever the term “Mortgage File” is used to refer to documents actually received by the Trustee, such term shall not be deemed to include such additional documents required to be added unless they are actually so added.

“Mortgage Loan”: Each of the mortgage loans, transferred and assigned to the Trustee pursuant to Section 2.01, 2.04, 2.06 or 2.07 and from time to time held in the Trust Fund (including any Qualified Substitute Mortgage Loans), the mortgage loans so transferred, assigned and held being identified in the Mortgage Loan Schedule. As used herein, the term “Mortgage Loan” includes the related Mortgage Note and Mortgage.

“Mortgage Loan Purchase Agreement”: The Mortgage Loan Purchase Agreement dated as of April 30, 2007, among Impac Funding Corporation, as sponsor, Impac Mortgage Holdings, Inc. and the Depositor, as purchaser, and all amendments thereof and supplements thereto.

“Mortgage Loan Schedule”: As of any date of determination, the schedule of Mortgage Loans included in the Trust Fund. The schedule of Mortgage Loans with accompanying information transferred on the Closing Date or Subsequent Transfer Date to the Trustee as part of the Trust Fund for the Certificates, attached hereto as Exhibit H, which list shall set forth the following information with respect to each Mortgage Loan:

(i)

[reserved];

(ii)

the city, state and zip code of the Mortgaged Property;

(iii)

the original term to maturity;

(iv)

the original principal balance and the original Mortgage Rate;

(v)

the first payment date;

(vi)

[reserved];

(vii)

the type of Mortgaged Property;

(viii)

the Monthly Payment in effect as of the Cut-off Date (or the related Subsequent Cut-off Date with respect to a Subsequent Mortgage Loan);

(ix)

the principal balance as of the Cut-off Date (or the related Subsequent Cut-off Date with respect to a Subsequent Mortgage Loan);

(x)

the Mortgage Rate as of the Cut-off Date (or the related Subsequent Cut-off Date with respect to a Subsequent Mortgage Loan);

(xi)

the occupancy status;

(xii)

the purpose of the Mortgage Loan;

(xiii)

the Collateral Value of the Mortgaged Property;

(xiv)

the remaining term to maturity;

(xv)

the paid-through date of the Mortgage Loan;

(xvi)

the Master Servicing Fee Rate;

(xvii)

the Sub-Servicing Fee Rate;

(xviii)

the Net Mortgage Rate for the Mortgage Loan;

(xix)

whether such Mortgage Loan is a PMI Mortgage Loan and, if so, the related PMI Insurer Fee Rate;

(xx)

whether the Mortgage Loan is covered by a private mortgage insurance policy or an original certificate of private mortgage insurance;

(xxi)

the documentation type;

(xxii)

the type and term of the related Prepayment Charge, if any;

(xxiii)

the Index and the Gross Margin; and

(xxiv)

the Adjustment Date frequency and Distribution Date frequency.

The Mortgage Loan Schedule may be in the form of more than one schedule, collectively setting forth all of the information required.

“Mortgage Note”: The note or other evidence of the indebtedness of a Mortgagor under a Mortgage Loan.

“Mortgage Rate”: With respect to any Mortgage Loan, the annual rate at which interest accrues on such Mortgage Loan in the absence of default, as adjusted from time to time in accordance with the provisions of the Mortgage Note.

“Mortgaged Property”: The underlying property securing a Mortgage Loan.

“Mortgagor”: The obligor or obligors on a Mortgage Note.

“Net Liquidation Proceeds”: With respect to any Liquidated Mortgage Loan or any other disposition of related Mortgaged Property (including REO Property) the related Liquidation Proceeds net of Advances, Servicing Advances, Master Servicing Fees, Sub-Servicing Fees and any other accrued and unpaid servicing fees received and retained in connection with the liquidation of such Mortgage Loan or Mortgaged Property.

“Net Monthly Excess Cashflow”: With respect to each Distribution Date, the sum of (a) any Overcollateralization Release Amount and (b) the excess of (x) the Interest Remittance Amount for such Distribution Date over (y) the aggregate Monthly Interest Distributable Amount for the Class A, Class M and Class B Certificates for such Distribution Date and any Unpaid Interest Shortfall Amount payable to the Class A Certificateholder for such Distribution Date.

“Net Mortgage Rate”: With respect to each Mortgage Loan Due Date, the then applicable Mortgage Rate thereon minus the sum of (1) the Master Servicing Fee Rate, (2) the Subservicing Fee Rate, (3) the Trustee Fee and (4) the related PMI Insurer Fee Rate, if such Mortgage Loan is a PMI Mortgage Loan.

“Net Prepayment Interest Shortfall”: With respect to any Distribution Date, the excess, if any, of any Prepayment Interest Shortfalls for such date over the related Compensating Interest.

“Net Swap Payment”: With respect to each Distribution Date, the net payment required to be made pursuant to the terms of the Interest Rate Swap Agreement by either the Swap Provider or the Supplemental Interest Trust, which net payment shall not take into account any Swap Termination Payment.

“Net WAC Rate”: With respect to the Class A, Class M and Class B Certificates and any Distribution Date, a per annum rate equal to the excess, if any, of (A) the weighted average of (x) a per annum rate equal to the weighted average of the Net Mortgage Rates of the Mortgage Loans as of the first day of the month preceding the month in which such Distribution Date occurs and (y) the amount of interest withdrawn from the Interest Coverage Account with respect to that distribution date expressed as a per annum rate based on the amount on deposit in the Pre-Funding Account, in the case of (x), weighted on the basis of the aggregate Stated Principal Balance of the mortgage loans as of the beginning of the related Due Period, and in the case of (y), weighted on the basis of the Pre-Funded Amount as of the beginning of the related Due Period, over (B) the sum of (I) the sum of (1) a per annum rate equal to the Net Swap Payment payable to the Swap Provider on such Distribution Date, divided by the outstanding Stated Principal Balance of the Mortgage Loans as of the first day of the calendar month preceding the month in which the Distribution Date occurs plus the Pre-Funded Amount for such Distribution Date, multiplied by 12, and (2) a per annum rate equal to any Swap Termination Payment not due to a Swap Provider Trigger Event payable to the Swap Provider on such Distribution Date, divided by the outstanding Stated Principal Balance of the Mortgage Loans as of the first day of the calendar month preceding the month in which the Distribution Date occurs plus the Pre-Funded Amount for such Distribution Date, multiplied by 12, and (II) in the case of the Class AM Certificates only, the Policy Premium Rate. The Net WAC Rate will be adjusted to an effective rate reflecting the accrual of interest on an actual/360 basis. With respect to any Distribution Date and the REMIC 3 Regular Interests the ownership of which is represented by the Class A, Class M and Class B Certificates, a per annum rate equal to the weighted average (adjusted for the actual number of days elapsed in the related Accrual Period) of the Uncertificated REMIC 2 Pass-Through Rates on the REMIC 2 Regular Interests (other than REMIC 2 Regular Interest IO), weighted on the basis of the Uncertificated Principal Balances of each such REMIC 2 Regular Interest immediately prior to such Distribution Date, minus, in the case of the REMIC 3 Regular Interests the ownership of which is represented by the Class AM Certificates, the Policy Premium Rate.

“Net WAC Shortfall Amount”: With respect to any Distribution Date, the sum of (i) if the Pass-Through Rate for any of the Class A, Class M and Class B Certificates is limited to the Net WAC Rate, the excess, if any, of (a) the amount of interest such Class A, Class M and Class B Certificates would have been entitled to receive on such Distribution Date if such Net WAC Rate would not have been applicable to such Certificates, over (b) the amount of interest accrued on such Certificates at such Net WAC Rate, and (ii) the Net WAC Shortfall Amount from the prior Distribution Date not previously distributed together with interest thereon at the related Pass-Through Rate for the most recently ended Accrual Period.

“Net WAC Shortfall Reserve Fund”: A reserve fund established by the Trustee for the benefit of the Holders of the Class A, Class M, Class B and Class C Certificates, and funded on the Closing Date by or on behalf of the Depositor with an amount equal to the Net WAC Shortfall Reserve Fund Deposit. The Net WAC Shortfall Reserve Fund is an “outside reserve fund” within the meaning of Treasury regulation Section 1.860G-2(h), which is not an asset of any REMIC, the ownership of which is evidenced by the Class C Certificates and which is established and maintained pursuant to Section 4.08.

“Net WAC Shortfall Reserve Fund Deposit”: With respect to the Net WAC Shortfall Reserve Fund, an amount equal to $5,000, which the Depositor shall fund initially pursuant to Section 4.08 hereof.

“Nonrecoverable Advance”: Any Advance or Servicing Advance previously made or proposed to be made in respect of a Mortgage Loan which, in the reasonable good faith judgment of the Master Servicer, will not or, in the case of a proposed Advance or Servicing Advance, would not be ultimately recoverable from Late Collections, Insurance Proceeds, Liquidation Proceeds or REO Proceeds. The determination by the Master Servicer that it has made a Nonrecoverable Advance or that any proposed Advance or Servicing Advance would constitute a Nonrecoverable Advance, shall be evidenced by a certificate of a Servicing Officer delivered to the Depositor and the Trustee.

“Non-United States Person”: Any Person other than a United States Person.

“Notional Balance”: With respect to the Class C Certificates and any Distribution Date, an amount equal to the Stated Principal Balance of the Mortgage Loans as of the related Due Date, minus the Certificate Principal Balance of the Class P Certificates. For federal income tax purposes, the Notional Balance of the Class C Certificates for any Distribution Date shall be an amount equal to the aggregate Uncertificated Principal Balance of the REMIC 2 Regular Interests, other than REMIC 2 Regular Interest P, for such Distribution Date.

“Officers’ Certificate”: A certificate signed by the Chairman of the Board, the Vice Chairman of the Board, the President or a vice president and by the Treasurer, the Secretary, or one of the assistant treasurers or assistant secretaries of the Depositor, the Sponsor, the Master Servicer or of any Sub-Servicer and delivered to the Depositor and Trustee.

“One Month LIBOR”: The London interbank offered rate for one-month United States dollar deposits, determined as described in Section 1.02 of this Agreement.

“Opinion of Counsel”: A written opinion of counsel, who may be counsel for the Depositor, the Sponsor, or the Master Servicer, reasonably acceptable to the Trustee; except that any opinion of counsel relating to (a) the qualification of any account required to be maintained pursuant to this Agreement as an Eligible Account, (b) the qualification of REMIC 1, REMIC 2, or REMIC 3 as REMICs, (c) compliance with the REMIC Provisions or (d) resignation of the Master Servicer pursuant to Section 6.04 must be an opinion of counsel who (i) is in fact independent of the Depositor and the Master Servicer, (ii) does not have any direct financial interest or any material indirect financial interest in the Depositor or the Master Servicer or in an affiliate of either and (iii) is not connected with the Depositor or the Master Servicer as an officer, employee, director or person performing similar functions.

“Optional Termination Date”: The first Distribution Date on which the Master Servicer may opt to terminate the Trust Fund pursuant to Section 9.01.

“Original Pre-Funded Amount”: $76,114,326.34.

“OTSOTS”: Office of Thrift Supervision or any successor.

“Outstanding Mortgage Loan”: As to any Due Date, a Mortgage Loan (including an REO Property) which was not the subject of a Principal Prepayment in Full, Cash Liquidation or REO Disposition and which was not purchased prior to such Due Date pursuant to Sections 2.02, 2.04 or 3.14.

“Overcollateralization Deficiency Amount”: With respect to any Distribution Date, the amount, if any, by which the Overcollateralization Target Amount exceeds the Overcollateralized Amount on such Distribution Date (after giving effect to distributions in respect of the Basic Principal Distribution Amount on such Distribution Date).

“Overcollateralization Floor”: With respect to any Distribution Date, 0.50% of the Cut-off Date Balance.

“Overcollateralization Release Amount”: With respect to any Distribution Date, the lesser of (x) the Principal Remittance Amount for such Distribution Date and (y) the excess, if any, of (i) the Overcollateralized Amount for such Distribution Date (assuming that 100% of the Principal Remittance Amount is applied as a principal payment on such Distribution Date) over (ii) the Overcollateralization Target Amount for such Distribution Date.

“Overcollateralization Target Amount”: With respect to any Distribution Date prior to the Stepdown Date, 0.95% of the Cut-off Date Balance. With respect to any Distribution Date on or after the Stepdown Date, the greater of (x) 1.90% of the aggregate Stated Principal Balance of the Mortgage Loans and (y) the Overcollateralization Floor; provided, however, that if a Trigger Event is in effect on any Distribution Date, the Overcollateralization Target Amount will be equal to the Overcollateralization Target Amount on the prior Distribution Date.

“Overcollateralized Amount”: For any Distribution Date, the amount, if any, by which (i) the aggregate Stated Principal Balance of the Mortgage Loans (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, unscheduled collections of principal received during the related Prepayment Period and any Realized Losses on the Mortgage Loans during the related Prepayment Period) plus the Pre-Funded Amount for such Distribution Date, exceeds (ii) the aggregate Certificate Principal Balance of the Class A, Class M, Class B and Class P Certificates as of such Distribution Date (after giving effect to distributions to be made on such Distribution Date).

“Ownership Interest”: As to any Certificate, any ownership or security interest in such Certificate, including any interest in such Certificate as the Holder thereof and any other interest therein, whether direct or indirect, legal or beneficial, as owner or as pledgee.

“Pass-Through Rate”: With respect to any Distribution Date and the Class A, Class M and Class B Certificates, the least of (x) One-Month LIBOR plus the related Certificate Margin, (y) 11.50% and (z) the Net WAC Rate.

With respect to the Class C Certificates and any Distribution Date, the sum of (x) a per annum rate equal to the percentage equivalent of a fraction, the numerator of which is the sum of the amount determined for each REMIC 2 Regular Interest (other than REMIC 2 Regular Interests IO and P) equal to the product of (a) the excess, if any, of the Uncertificated REMIC 2 Pass-Through Rate for such REMIC 2 Regular Interest over the Marker Rate and (b) a notional amount equal to the Uncertificated Principal Balance of such REMIC 2 Regular Interest, and the denominator of which is the aggregate Uncertificated Principal Balance of such REMIC 2 Regular Interests, and (y) 100% of the interest distributable in respect of REMIC 2 Regular Interest P.

With respect to each of the Class P Certificates and any Distribution Date, 0.00% per annum.

With respect to the Class IO Interest and any Distribution Date, 100% of the amounts distributable to REMIC 2 Regular Interest IO for such Distribution Date.

“Percentage Interest”: With respect to any Regular Certificate, the undivided percentage ownership interest in the related Class evidenced by such Certificate, which percentage ownership interest shall be equal to the Initial Certificate Principal Balance thereof divided by the aggregate Initial Certificate Principal Balance of all of the Certificates of the same Class. With respect to any Class R Certificate, the interest in distributions to be made with respect to such Class evidenced thereby, expressed as a percentage, as stated on the face of each such Certificate.

“Permitted Investment”: One or more of the following:

(i) obligations of or guaranteed as to principal and interest by the United States or any agency or instrumentality thereof when such obligations are backed by the full faith and credit of the United States;

(ii) repurchase agreements on obligations specified in clause (i) maturing not more than one month from the date of acquisition thereof, provided that the unsecured obligations of the party agreeing to repurchase such obligations are at the time rated by each Rating Agency in its highest short-term rating available, provided, however, that such repurchase agreements are treated as financings under generally accepted accounting principles (“GAAP”);

(iii) federal funds, certificates of deposit, demand deposits, time deposits and bankers' acceptances (which shall each have an original maturity of not more than 90 days and, in the case of bankers' acceptances, shall in no event have an original maturity of more than 365 days or a remaining maturity of more than 30 days) denominated in United States dollars of any U.S. depository institution or trust company incorporated under the laws of the United States or any state thereof or of any domestic branch of a foreign depository institution or trust company; provided that the debt obligations of such depository institution or trust company (or, if the only Rating Agency is Standard & Poor's, in the case of the principal depository institution in a depository institution holding company, debt obligations of the depository institution holding company) at the date of acquisition thereof have been rated by each Rating Agency in its highest short-term rating available; and provided further that, if the only Rating Agency is Standard & Poor's and if the depository or trust company is a principal subsidiary of a bank holding company and the debt obligations of such subsidiary are not separately rated, the applicable rating shall be that of the bank holding company; and, provided further that, if the original maturity of such short-term obligations of a domestic branch of a foreign depository institution or trust company shall exceed 30 days, the short-term rating of such institution shall be A-1+ in the case of Standard & Poor's if Standard & Poor's is the Rating Agency;

(iv) commercial paper (having original maturities of not more than 365 days) of any corporation incorporated under the laws of the United States or any state thereof which on the date of acquisition has been rated by Moody's and Standard & Poor's in their highest short-term ratings available; provided that such commercial paper shall have a remaining maturity of not more than 30 days;

(v) a money market fund or a qualified investment fund rated by Moody's in its highest long-term ratings available or rated AAAm or AAAm-G by Standard & Poor's, including any such funds for which Deutsche Bank National Trust Company or any affiliate thereof serves as an investment advisor, manager, administrator, shareholder, servicing agent, and/or custodian or sub-custodian; and

(vi) other obligations or securities that are acceptable to each Rating Agency as a Permitted Investment hereunder and will not reduce the rating assigned to any Class of Certificates by such Rating Agency below the lower of the then-current rating or the rating assigned to such Certificates as of the Closing Date by such Rating Agency, as evidenced in writing;

provided, however, that no instrument shall be a Permitted Investment if it represents, either (1) the right to receive only interest payments with respect to the underlying debt instrument or (2) the right to receive both principal and interest payments derived from obligations underlying such instrument and the principal and interest payments with respect to such instrument provide a yield to maturity greater than 120% of the yield to maturity at par of such underlying obligations.

To the extent that the Trustee receives any materials in connection with the holding of any Permitted Investment which require the holder to vote, the Trustee shall not exercise its voting rights.

Permitted Investments shall not be sold prior to maturity, except that a money market fund or qualified investment fund may be liquidated at any time.

“Permitted Transferee”: Any transferee of a Residual Certificate other than a Disqualified Organization, a Non-United States Person or an “electing large partnership” (as defined in Section 775 of the Code).

“PersonPerson”: Any individual, corporation, partnership, limited liability company, joint venture, association, joint-stock company, trust, unincorporated organization or government or any agency or political subdivision thereof.

“PMI Insurer”: Any provider of primary mortgage insurance under a PMI Insurer Policy.

“PMI Insurer Fee Rate”: With respect to each PMI Mortgage Loan, the per annum rate payable to the applicable PMI Insurer under the related PMI Insurer Policy.

“PMI Insurer Policy”: The lender-paid primary mortgage insurance policy issued by the PMI Insurer in accordance with a letter between the Sponsor and any PMI Insurer.

“PMI Mortgage Loan”: Any mortgage loan covered by the PMI Insurer Policy.

“Policy Premium”: The premium set forth in the Certificate Guaranty Insurance Policy.

“Policy Premium Rate”: The rate per annum set forth in the Insurance Agreement.

“Pre-Funded Amount”: The amount on deposit in the Pre-Funding Account on any date of determination.

“Pre-Funding Account”: An account established by the Trustee for the benefit of the Certificateholders and funded on the Closing Date by the Depositor with the Original Pre-Funded Amount.

“Pre-Funding Period”: The period from the Closing Date until the earlier of (i) the date on which the amount on deposit in the Pre-Funding Account is reduced to less than $50,000 or (ii) June 29, 2007.

“Preference Amount”: Any amount previously distributed to a Class AM Certificateholder by or on behalf of the Trust Estate that is recoverable and sought to be recovered as a voidable preference by a trustee in bankruptcy pursuant to the United States Bankruptcy Code (11 U.S.C.), as amended from time to time, in accordance with a final nonappealable order of a court having competent jurisdiction.

“Prepayment Assumption”: As defined in the Prospectus Supplement.

“Prepayment Charge”: With respect to any Mortgage Loan, the charges or premiums, if any, due in connection with a full or partial prepayment of such Mortgage Loan in accordance with the terms thereof (other than any Master Servicer Prepayment Charge Payment Amount).

“Prepayment Interest Excess”: With respect to any Distribution Date, for each Mortgage Loan that was the subject of a Principal Prepayment during the portion of the Prepayment Period from the related Due Date to the end of such Prepayment Period, any payment of interest received in connection therewith (net of any applicable Servicing Fee) representing interest accrued for any portion of such month of receipt.

“Prepayment Interest Shortfall”: As to any Distribution Date and any Mortgage Loan (other than a Mortgage Loan relating to an REO Property) that was the subject of (a) a Principal Prepayment in Full during the related Prepayment Period, an amount equal to the excess of one month’s interest at the Net Mortgage Rate on the Stated Principal Balance of such Mortgage Loan over the amount of interest (adjusted to the Net Mortgage Rate) paid by the Mortgagor for such Prepayment Period to the date of such Principal Prepayment in Full or (b) a Curtailment during the prior calendar month, an amount equal to one month’s interest at the Net Mortgage Rate on the amount of such Curtailment.

“Prepayment Period”: With respect to any Distribution Date, the period between the 16th of the month prior to such Distribution Date and the 15th of the current month, except the initial Prepayment Period will run from April 1, 2007 through May 15, 2007.

“Primary Hazard Insurance Policy”: Each primary hazard insurance policy required to be maintained pursuant to Section 3.13.

“Primary Insurance Policy”: Any primary policy of mortgage guaranty insurance including the PMI Insurer Policy, or any replacement policy therefor.

“Principal Distribution Amount”: With respect to any Distribution Date, an amount equal to the sum of the Basic Principal Distribution Amount plus the Extra Principal Distribution Amount.

“Principal Prepayment”: Any payment of principal made by the Mortgagor on a Mortgage Loan which is received in advance of its scheduled Due Date and which is not accompanied by an amount of interest representing scheduled interest due on any date or dates in any month or months subsequent to the month of prepayment.

“Principal Prepayment in Full”: Any Principal Prepayment made by a Mortgagor of the entire unpaid principal balance of the Mortgage Loan.

“Principal Remittance Amount”: With respect to any Distribution Date, the sum of the following from the Available Distribution Amount: (i) each scheduled payment of principal collected or advanced on the Mortgage Loans by the Master Servicer that were due during the related Due Period, (ii) the principal portion of all partial and full Principal Prepayments of the Mortgage Loans applied by the Master Servicer during the related Prepayment Period, (iii) the principal portion of all Net Liquidation Proceeds, REO Proceeds, Insurance Proceeds, and Subsequent Recoveries received during the related Prepayment Period, (iv) the principal portion of proceeds of Mortgage Loan purchases made pursuant to Section 2.02, 2.04, 3.14 or 3.27, in each case received or made during the related Prepayment Period, (v) the principal portion of any related Substitution Adjustments deposited in the Custodial Account during the related Prepayment Period, (vi) any amount attributable to the Pre-Funded Amount received at the end of the Pre-Funding Period and (vii) on the Distribution Date on which the Trust Fund is to be terminated pursuant to Section 9.01, the principal portion of the termination price received from the Master Servicer in connection with a termination of the Trust Fund to occur on such Distribution Date.

“Prospectus Supplement”: That certain Prospectus Supplement dated April 27, 2007 relating to the public offering of the Class A Certificates and Class M Certificates.

“Purchase Price”: With respect to any Mortgage Loan (or REO Property) required to be purchased pursuant to Section 2.02, 2.04, 3.14 or 3.27, an amount equal to the sum of (i) 100% of the Stated Principal Balance thereof, (ii) unpaid accrued interest (or REO Imputed Interest) at the applicable Net Mortgage Rate on the Stated Principal Balance thereof outstanding during each Due Period that such interest was not paid or advanced, from the date through which interest was last paid by the Mortgagor or advanced and distributed to Certificateholders together with unpaid Master Servicing Fees, Sub-Servicing Fees and, if such Mortgage Loan is a PMI Mortgage Loan, fees due the PMI Insurer at the PMI Insurer Fee Rate, from the date through which interest was last paid by the Mortgagor, in each case to the first day of the month in which such Purchase Price is to be distributed, (iii) the aggregate of all Advances and Servicing Advances made in respect thereof that were not previously reimbursed and (iv) costs and damages incurred by the Trust Fund in connection with a repurchase pursuant to Section 2.04 hereof that arises out of a violation of any anti-predatory lending law which also constitutes an actual breach of representations (xii), (xxxiii), (xxxv), (xxxviii), (xxxix) or (xliii) of Section 3.1(b) of the Mortgage Loan Purchase Agreement.

“Qualified Insurer”: Any insurance company duly qualified as such under the laws of the state or states in which the related Mortgaged Property or Mortgaged Properties is or are located, duly authorized and licensed in such state or states to transact the type of insurance business in which it is engaged and approved as an insurer by the Master Servicer, so long as the claims paying ability of which is acceptable to the Rating Agencies for pass-through certificates having the same rating as the Certificates rated by the Rating Agencies as of the Closing Date.

“Qualified Substitute Mortgage Loan”: A Mortgage Loan substituted by the Depositor for a Deleted Mortgage Loan which must, on the date of such substitution, as confirmed in an Officers’ Certificate of the Sponsor delivered to the Trustee, (i) have an outstanding principal balance, after deduction of the principal portion of the monthly payment due in the month of substitution (or in the case of a substitution of more than one Mortgage Loan for a Deleted Mortgage Loan, an aggregate outstanding principal balance, after such deduction), not in excess of the Stated Principal Balance of the Deleted Mortgage Loan (the amount of any shortfall to be paid to the Master Servicer for deposit in the Custodial Account in the month of substitution); (ii) have a Mortgage Rate and a Net Mortgage Rate no lower than and not more than 1% per annum higher than the Mortgage Rate and Net Mortgage Rate, respectively, of the Deleted Mortgage Loan as of the date of substitution; (iii) have a Loan-to-Value Ratio at the time of substitution no higher than that of the Deleted Mortgage Loan at the time of substitution; (iv) have a remaining term to stated maturity not greater than (and not more than one year less than) that of the Deleted Mortgage Loan; (v) comply with each representation and warranty set forth in Section 2.04 hereof; and, (vi) comply with each non-statistical representation and warranty set forth in the Mortgage Loan Purchase Agreement.

“Rating Agency”: Standard & Poor's or Moody's and each of their successors. If such agencies and their successors are no longer in existence, “Rating Agency” shall be such nationally recognized statistical rating agency, or other comparable Person, designated by the Depositor, notice of which designation shall be given to the Trustee and Master Servicer. References herein to the two highest long term debt rating of a Rating Agency shall mean “AA” or better in the case of Standard & Poor's and “Aa2” or better in the case of Moody's and references herein to the highest short-term debt rating of a Rating Agency shall mean “A-1+” in the case of Standard & Poor's and “P-1” in the case of Moody's, and in the case of any other Rating Agency such references shall mean such rating categories without regard to any plus or minus.

“Realized Loss”: With respect to each Mortgage Loan or REO Property as to which a Cash Liquidation or REO Disposition has occurred, an amount (not less than zero) equal to (i) the Stated Principal Balance of the Mortgage Loan as of the date of Cash Liquidation or REO Disposition, plus (ii) interest (and REO Imputed Interest, if any) at the Net Mortgage Rate from the Due Date as to which interest was last paid or advanced to Certificateholders up to the date of the Cash Liquidation or REO Disposition on the Stated Principal Balance of such Mortgage Loan outstanding during each Due Period that such interest was not paid or advanced, minus (iii) the proceeds, if any, received during the month in which such Cash Liquidation or REO Disposition occurred, to the extent applied as recoveries of interest at the Net Mortgage Rate and to principal of the Mortgage Loan, net of the portion thereof reimbursable to the Master Servicer or any Sub-Servicer with respect to Advances or Servicing Advances not previously reimbursed. With respect to each Mortgage Loan which has become the subject of a Deficient Valuation, the difference between the principal balance of the Mortgage Loan outstanding immediately prior to such Deficient Valuation and the principal balance of the Mortgage Loan as reduced by the Deficient Valuation.

“Record Date”: With respect to each Distribution Date and the Class A, Class M and Class B Certificates, so long as such Certificates are Book-Entry Certificates, the Business Day prior to such Distribution Date. With respect to any Class A, Class M and Class B Certificates which are not Book-Entry Certificates, the close of business on the last Business Day of the month preceding the month in which such Distribution Date occurs.

“Regular Certificate”: Any of the Certificates other than the Class R Certificates.

“Regulation AB”: Subpart 229,1100 - Asset Backed Securities (Regulation AB), 17 C.F.R. §§229.1100-229.1123, as such may be amended from time to time, and subject to such clarification and interpretation as have been provided by the Commission in the adopting release (Asset-Backed Securities, Securities Act Release No. 33-8518, 70 Fed. Reg. 1,506, 1,531 (Jan. 7, 2005)) or by the staff of the Commission, or as may be provided by the Commission or its staff from time to time.

“Relief Act”: The Servicemembers Relief Act, as amended, and similar legislation or regulations.

“Relief Act Interest Shortfall”: With respect to any Distribution Date, for any Mortgage Loan with respect to which there has been a reduction in the amount of interest collectible thereon for the most recently ended Due Period as a result of the application of the Relief Act, the amount by which (i) interest collectible on such Mortgage Loan during such Due Period is less than (ii) one month's interest on the Stated Principal Balance of such Mortgage Loan at the Loan Rate for such Mortgage Loan before giving effect to the application of the Relief Act.

“REMIC”: A “real estate mortgage investment conduit” within the meaning of Section 860D of the Code.

“REMIC 1”: The segregated pool of assets subject hereto (exclusive of any Net WAC Shortfall Reserve Fund, any Master Servicer Prepayment Charge Payment Amounts, the Pre-Funding Account, the Interest Coverage Account, the Class M Interest Reserve Fund and, for the avoidance of doubt, any Supplemental Interest Trust, the Derivative Account, the Cap Contracts, the Collateral Account and the Interest Rate Swap Agreement) with respect to which a REMIC election is to be made, conveyed in trust to the Trustee, for the benefit of the holders of the REMIC 1 Regular Interests and the Holders of the Class R Certificates (in respect of the Class R-1 Interest), consisting of: (i) each Mortgage Loan (exclusive of payments of principal and interest due on or before the Cut-off Date, if any, received by the Master Servicer, which shall not constitute an asset of the Trust Fund) as from time to time are subject to this Agreement and all payments under and proceeds of such Mortgage Loans (exclusive of any late payment charges received on the Mortgage Loans), together with all documents included in the related Mortgage File, subject to Section 2.01; (ii) such funds or assets as from time to time are deposited in the Custodial Account or the Certificate Account and belonging to the Trust Fund; (iii) any REO Property; (iv) the Primary Hazard Insurance Policies, if any, the Primary Insurance Policies, if any, and all other Insurance Policies with respect to such Mortgage Loans; and (v) the Depositor’s interest in respect of the representations and warranties made by the Sponsor in the Mortgage Loan Purchase Agreement as assigned to the Trustee pursuant to Section 2.04 hereof.

“REMIC 1 Regular Interest”: Any of the separate non-certificated beneficial ownership interests in REMIC 1 issued hereunder and designated as a Regular Interest in REMIC 1. Each REMIC 1 Regular Interest shall accrue interest at the related Uncertificated REMIC 1 Pass-Through Rate in effect from time to time, and shall be entitled to distributions of principal, subject to the terms and conditions hereof, in an aggregate amount equal to its initial Uncertificated Principal Balance as set forth in the Preliminary Statement hereto. The designations for the respective REMIC 1 Regular Interests are set forth in the Preliminary Statement hereto. The REMIC 1 Regular Interests consist of REMIC 1 Regular Interests 1-1-A through REMIC 1 Regular Interest 1-60-B, REMIC 1 Regular Interest OC and REMIC 1 Regular Interest P, each as designated in the Preliminary Statement hereto.

“REMIC 2”: The segregated pool of assets consisting of all of the REMIC 1 Regular Interests conveyed in trust to the Trustee, for the benefit of the holders of the REMIC 2 Regular Interests and the Holders of the Class R Certificates (in respect of the Class R-2 Interest), pursuant to Article II hereunder, with respect to which a separate REMIC election is to be made.

“REMIC 2 Interest Loss Allocation Amount”: With respect to any Distribution Date, an amount (subject to adjustment based on the actual number of days elapsed in the respective Accrual Period) equal to (a) the sum of (x) the product of (i) the aggregate Stated Principal Balance of the Mortgage Loans and the REO Properties then outstanding, minus the Certificate Principal Balance of the Class P Certificates, and (ii) the Uncertificated REMIC 2 Pass-Through Rate for REMIC 2 Regular Interest AA minus the Marker Rate, and (y) the accrued interest on REMIC 2 Regular Interest P, divided by (b) 12.

“REMIC 2 Overcollateralized Amount”: With respect to any date of determination, (i) 1.00% of the aggregate Uncertificated Principal Balance of the REMIC 2 Regular Interests, other than REMIC 2 Regular Interest P, minus (ii) the aggregate Uncertificated Principal Balance of each REMIC 2 Regular Interest for which a Class A, Class M or Class B Certificate is a Corresponding Certificate, in each case, as of such date of determination.

“REMIC 2 Overcollateralization Target Amount”: 1.00% of the Overcollateralization Target Amount.

“REMIC 2 Principal Loss Allocation Amount”: With respect to any Distribution Date, an amount equal to the product of (i) the aggregate Stated Principal Balance of the Mortgage Loans and the REO Properties then outstanding, minus the Certificate Principal Balance of the Class P Certificates, and (ii) 1 minus a fraction, the numerator of which is two (2) times the aggregate Uncertificated Principal Balance of each REMIC 2 Regular Interest for which a Class A, Class M or Class B Certificate is a Corresponding Certificate and the denominator of which is the aggregate Uncertificated Principal Balance of each REMIC 2 Regular Interest for which a Class A, Class M or Class B Certificate is a Corresponding Certificate and REMIC 2 Regular Interest ZZ.

“REMIC 2 Regular Interest”: Any of the separate non-certificated beneficial ownership interests in REMIC 2 issued hereunder and designated as a Regular Interest in REMIC 2. Each REMIC 2 Regular Interest shall accrue interest at the related Uncertificated REMIC 2 Pass-Through Rate in effect from time to time, and (except for the REMIC 2 Regular Interests IO) shall be entitled to distributions of principal, subject to the terms and conditions hereof, in an aggregate amount equal to its initial Uncertificated Principal Balance as set forth in the Preliminary Statement hereto. The designations for the respective REMIC 2 Regular Interests are set forth in the Preliminary Statement hereto.

“REMIC 3”: The segregated pool of assets consisting of all of the REMIC 2 Regular Interests conveyed in trust to the Trustee, for the benefit of the holders of the Regular 3 Regular Interests and the Holders of the Class R Certificates (in respect of the Class R-3 Interest), pursuant to Article II hereunder, and all amounts deposited therein, with respect to which a separate REMIC election is to be made.

“REMIC 3 Regular Interest”: The Class IO Interest or any Regular Interest in REMIC 3 the ownership of which is represented by any of the Regular Certificates.

“REMIC Provisions”: Provisions of the federal income tax law relating to real estate mortgage investment conduits, which appear at Sections 860A through 860G of Subchapter M of Chapter 1 of the Code, and related provisions, and proposed, temporary and final regulations and published rulings, notices and announcements promulgated thereunder, as the foregoing may be in effect from time to time.

“REMIC Regular Interest”: A REMIC 1 Regular Interest or REMIC 2 Regular Interest.

“Remittance Report”: A report prepared by the Master Servicer providing the information set forth in Exhibit E attached hereto.

“REO Acquisition”: The acquisition by the Master Servicer on behalf of the Trustee for the benefit of the Certificateholders of any REO Property pursuant to Section 3.15.

“REO Disposition”: The receipt by the Master Servicer of Insurance Proceeds, Liquidation Proceeds and other payments and recoveries (including proceeds of a final sale) which the Master Servicer expects to be finally recoverable from the sale or other disposition of the REO Property.

“REO Imputed Interest”: As to any REO Property, for any period, an amount equivalent to interest (at the Mortgage Rate that would have been applicable to the related Mortgage Loan had it been outstanding) on the unpaid principal balance of the Mortgage Loan as of the date of acquisition thereof (as such balance is reduced pursuant to Section 3.15 by any income from the REO Property treated as a recovery of principal).

“REO Proceeds”: Proceeds, net of directly related expenses, received in respect of any REO Property (including, without limitation, proceeds from the rental of the related Mortgaged Property and of any REO Disposition), which proceeds are required to be deposited into the Custodial Account as and when received.

“REO Property”: A Mortgaged Property acquired by the Master Servicer on behalf of the Trust Fund through foreclosure or deed-in-lieu of foreclosure in connection with a defaulted Mortgage Loan.

“Request for Release”: A release signed by a Servicing Officer, in the form of Exhibits F-1 or F-2 attached hereto.

“Residual Certificate”: Any of the Class R Certificates.

“Residual Interest”: The sole class of “residual interests” in a REMIC within the meaning of Section 860G(a)(2) of the Code.

“Responsible Officer”: When used with respect to the Trustee, the Chairman or Vice Chairman of the Board of Directors or Trustees, the Chairman or Vice Chairman of the Executive or Standing Committee of the Board of Directors or Trustees, the President, the Chairman of the Committee on Trust Matters, any vice president, any assistant vice president, the Secretary, any assistant secretary, the Treasurer, any assistant treasurer, any trust officer or assistant trust officer or any other officer of the Trustee customarily performing functions similar to those performed by any of the above designated officers and also, with respect to a particular matter, any other officer to whom such matter is referred because of such officer's knowledge of and familiarity with the particular subject.

“Schedule”: The ISDA schedule, dated as of April 30, 2007, between the Supplemental Interest Trust Trustee and the Swap Provider.

“Servicing Account”: The account or accounts created and maintained pursuant to Section 3.09.

“Servicing Advances”: All customary, reasonable and necessary “out of pocket” costs and expenses incurred in connection with a default, delinquency or other unanticipated event in the performance by the Master Servicer or any Sub-Servicer of its servicing obligations, including, but not limited to, the cost of (i) the preservation, restoration and protection of a Mortgaged Property, (ii) any enforcement or judicial proceedings, including foreclosures, including any expenses incurred in relation to any such proceedings that result from the Mortgage Loan being registered on the MERS System, (iii) the management and liquidation of any REO Property, including reasonable fees paid to any independent contractor in connection therewith, and (iv) compliance with the obligations under the fourth paragraph of Section 3.01, Section 3.09 and Section 3.13 (other than any deductible described in the last paragraph thereof).

“Servicing Criteria”: The “servicing criteria” set forth in Item 1122(d) of Regulation AB, as such may be amended from time to time, or those Servicing Criteria otherwise mutually agreed to by Sponsor, the Master Servicer and the applicable Sub-Servicer in response to evolving interpretations of Regulation AB and incorporated into a revised Exhibit N.

“Servicing Guide”: The Impac Funding Corporation Servicing Guide attached hereto as Exhibit K.

“Servicing Officer”: Any officer of the Master Servicer involved in, or responsible for, the administration and servicing of the Mortgage Loans, whose name and specimen signature appear on a list of servicing officers furnished to the Trustee by the Master Servicer, as such list may from time to time be amended.

“Single Certificate”: A Regular Certificate of any Class (other than a Class P Certificate) evidencing an Initial Certificate Principal Balance of $1,000, or, in the case of a Class P Certificate, a Certificate of such Class evidencing an Initial Certificate Principal Balance of $100.

“Sponsor”: Impac Funding Corporation, or its successor in interest, in its capacity as seller under the Mortgage Loan Purchase Agreement.

“Standard & Poor’s”: Standard & Poor's Ratings Services, a division of The McGraw Hill Companies, Inc., or its successor in interest.

“Startup Day”: The day designated as such pursuant to Article X hereof.

“Stated Principal Balance”: With respect to any Mortgage Loan or related REO Property at any given time, (i) the principal balance of the Mortgage Loan outstanding as of the Cut-off Date (or the related Subsequent Cut-off Date with respect to a Subsequent Mortgage Loan), after application of principal payments due on or before such date, whether or not received, minus (ii) the sum of (a) the principal portion of the Monthly Payments due with respect to such Mortgage Loan or REO Property during each Due Period ending prior to the most recent Distribution Date which were received or with respect to which an Advance was made, and (b) all Principal Prepayments with respect to such Mortgage Loan or REO Property, and all Insurance Proceeds, Liquidation Proceeds and REO Proceeds to the extent applied by the Master Servicer as recoveries of principal in accordance with Section 3.15 with respect to such Mortgage Loan or REO Property, which were distributed pursuant to Section 4.01 on any previous Distribution Date, and (c) any Realized Loss with respect thereto allocated pursuant to Section 4.05 for any previous Distribution Date.

“Step-Up Date”: The Distribution Date immediately following the first Distribution Date in which the aggregate unpaid principal balance of the Mortgage Loans, and properties acquired in respect thereof, remaining in the Trust has been reduced to less than or equal to 10% of the Cut-off Date Balance.

“Stepdown Date”: The earlier of (i) the first Distribution Date immediately following the Distribution Date on which the aggregate Certificate Principal Balance of the Class A Certificates has been reduced to zero and (ii) the later to occur of (x) the Distribution Date occurring in May 2010 and (y) the first Distribution Date on which the aggregate Certificate Principal Balance of the Class A Certificates (calculated for this purpose only, prior to any distribution of the Principal Distribution Amount to the holders of the Certificates) is less than or equal to approximately 86.50% of the aggregate principal balance of the Mortgage Loans, calculated after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period.

“Stepdown Target Subordination Percentage”: For each class of Subordinate Certificates, the respective percentages indicated in the following table:

	Stepdown Target Subordination Percentage
Class M-1	11.00%
Class M-2	8.70%
Class M-3	7.40%
Class M-4	6.30%
Class M-5	5.30%
Class M-6	4.40%
Class M-7	3.60%
Class M-8	2.90%
Class B	1.90%

“Subordinate Certificates”: The Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8 and Class B Certificates.

“Subordinate Class Principal Distribution Amount”: For any class of Subordinate Certificates and any Distribution Date, the excess of (1) the sum of (a) the aggregate Certificate Principal Balance of the Class A Certificates (after taking into account distribution of the Class A Principal Distribution Amount for such Distribution Date), (b) the aggregate Certificate Principal Balance of any class(es) of Subordinate Certificates that are senior to the subject class (in each case, after taking into account distribution of the Subordinate Class Principal Distribution Amount(s) for such senior class(es) of Certificates for such Distribution Date) and (c) the Certificate Principal Balance of the subject class of Subordinate Certificates immediately prior to such Distribution Date over (2) the lesser of (a) the product of (x) 100% minus the Stepdown Target Subordination Percentage for the subject class of Certificates and (y) the aggregate Stated Principal Balance of the Mortgage Loans for such Distribution Date and (b) the aggregate Stated Principal Balance of the Mortgage Loans for such Distribution Date minus the Overcollateralization Floor; provided, however, that if such class of Subordinate Certificates is the only class of Subordinate Certificates outstanding on such Distribution Date, that class will be entitled to receive the entire remaining Principal Distribution Amount until the Certificate Principal Balance thereof is reduced to zero.

“Subsequent Cut-off Date”: With respect to any Subsequent Mortgage Loan, the date, as designated by the Depositor, that is the later of (i) the first day of the month in which the related Subsequent Transfer Date occurs and (ii) the origination date of such subsequent Mortgage Loan.

“Subsequent Mortgage Loan”: A Mortgage Loan sold by the Depositor to the Trust pursuant to Section 2.07 of this Agreement, such Mortgage Loan being identified on the Mortgage Loan Schedule attached to a Subsequent Transfer Instrument.

“Subsequent Mortgage Loan Purchase Agreement”: Any Mortgage Loan Purchase Agreement dated as of the Subsequent Cut-off Date, among Impac Funding Corporation, as seller, Impac Mortgage Holdings, Inc., as guarantor, and the Depositor as purchaser, and all amendments thereof and supplements thereto.

“Subsequent Recoveries”: Any Liquidation Proceeds (net of amounts owed to the Master Servicer or any Sub-Servicer with respect to the related Mortgage Loan) received after the final liquidation of a Mortgage Loan. If Subsequent Recoveries are received, they will be included as part of the Principal Remittance Amount for the following Distribution Date and distributed in accordance with the priorities described in Section 4.01 of this Agreement. In addition, after giving effect to all distributions on a Distribution Date, if any Allocated Realized Loss Amounts are outstanding, the Allocated Realized Loss Amount for the class of Class A, Class M and Class B Certificates then outstanding with the highest distribution priority will be decreased by the amount of such Subsequent Recoveries until reduced to zero (with any remaining Subsequent Recoveries applied to reduce the Allocated Realized Loss Amount of the class with the next highest distribution priority), and the Certificate Principal Balance of such class or classes of Class A, Class M and Class B Certificates will be increased by the same amount. Thereafter, such class or classes of Class A, Class M and Class B Certificates will accrue interest on the increased Certificate Principal Balance.

“Subsequent Transfer Date”: With respect to any Subsequent Mortgage Loan, the applicable date upon which such mortgage loan was purchased from the Sponsor with amounts on deposit in the Pre-Funding Account or other date as designated by the Sponsor.

“Subsequent Transfer Instrument”: With respect to the Subsequent Mortgage Loans, the Subsequent Transfer Instrument, dated as of the applicable Subsequent Transfer Date, between the Depositor and the Trustee, or such other instrument as agreed upon by the Depositor and the Trustee, a form of which is attached hereto as Exhibit S.

“Sub-Servicer”: Any Person with which the Master Servicer has entered into a Sub-Servicing Agreement and which meets the qualifications of a Sub-Servicer pursuant to Section 3.02.

“Sub-Servicer Remittance Date”: With respect to any Mortgage Loan subserviced by Countrywide, the 21st day of each month, or if such day is not a Business Day, the immediately preceding Business Day.

“Sub-Servicing Account”: An account established by a Sub-Servicer which meets the requirements set forth in Section 3.08 and is otherwise acceptable to the Master Servicer.

“Sub-Servicing Agreement”: The written contract between the Master Servicer and a Sub-Servicer and any successor Sub-Servicer relating to servicing and administration of certain Mortgage Loans as provided in Section 3.02.

“Sub-Servicing Fees”: With respect to each Mortgage Loan, accrued interest at the Sub-Servicing Fee Rate with respect to the Mortgage Loan on the same principal balance on which interest on the Mortgage Loan accrues for the calendar month. The Sub-Servicing Fees consist of subservicing and other related compensation payable to the related Sub-Servicer or to the Master Servicer if the Master Servicer is directly servicing the loan.

“Sub-Servicing Fee Rate”: On each adjustable rate Mortgage Loan, a rate equal to 0.375% per annum. On each fixed rate first lien Mortgage Loan, a rate equal to 0.250% per annum. On each fixed rate second lien Mortgage Loan, a rate equal to 0.500% per annum.

“Substitution Adjustment”: As defined in Section 2.04 hereof.

“Supplemental Interest Trust”: The corpus of a trust created pursuant to Section 4.09 of this Agreement and designated as the “Supplemental Interest Trust,” consisting of the Interest Rate Swap Agreement, the Cap Contracts, the Class IO Interest, the Collateral Account and the Derivative Account. For the avoidance of doubt, the Supplemental Interest Trust does not constitute a part of the Trust Fund.

“Supplemental Interest Trust Trustee”: Deutsche Bank National Trust Company, or its successor in interest, or any successor trustee appointed as herein provided.

“Swap LIBOR”: LIBOR as determined pursuant to each Interest Rate Swap Agreement.

“Swap Optional Termination Payment”: As defined in Section 9.01(b) hereof.

“Swap Provider”: The swap provider under the Interest Rate Swap Agreement, and any successor in interest or assign. Initially, the Swap Provider shall be Xxxxxx Brothers Special Financing Inc.

“Swap Provider Trigger Event”: With respect to any Distribution Date, (i) an Event of Default under the Interest Rate Swap Agreement with respect to which the Swap Provider is a Defaulting Party, (ii) a Termination Event under the related Interest Rate Swap Agreement with respect to which the Swap Provider is the sole Affected Party, or (iii) an Additional Termination Event under the Interest Rate Swap Agreement with respect to which the Swap Provider is the sole Affected Party.

“Swap Termination Payment”: Upon the designation of an “Early Termination Date” as defined in the Interest Rate Swap Agreement, the payment to be made by the Supplemental Interest Trust to the Swap Provider or by the Swap Provider to the Supplemental Interest Trust, as applicable, pursuant to the terms of the Interest Rate Swap Agreement.

“Tax Matters Person”: The person designated as “tax matters person” in the manner provided under Treasury Regulation Sections 1.860F-4(d) and 301.6231(a)(7)-1T. The Holder of the greatest Percentage Interest in a class of Residual Interests in a REMIC shall be the Tax Matters Person for the related REMIC. The Trustee, or any successor thereto or assignee thereof, shall serve as tax administrator hereunder and as agent for the related Tax Matters Person.

“Tax ReturnsTax Returns”: The federal income tax return on Internal Revenue Service Form 1066, U.S. Real Estate Mortgage Investment Conduit Income Tax Return, including Schedule Q thereto, Quarterly Notice to Residual Interest Holders of REMIC Taxable Income or Net Loss Allocation, or any successor forms, to be filed on behalf of REMIC 1, REMIC 2 and REMIC 3 due to their classification as REMICs under the REMIC Provisions, together with any and all other information, reports or returns that may be required to be furnished to the Certificateholders or filed with the Internal Revenue Service or any other governmental taxing authority under any applicable provisions of federal, state or local tax laws.

“Transfer”: Any direct or indirect transfer, sale, pledge, hypothecation or other form of assignment of any Ownership Interest in a Certificate.

“Transferee Affidavit and Agreement”: As defined in Section 5.02(e)(i)(B).

“Transferor”: Any Person who is disposing by Transfer of any Ownership Interest in a Certificate.

“Transferor Affidavit”: As defined in Section 5.02(e)(i)(B).

“Trigger Event”: A Trigger Event is in effect with respect to any Distribution Date with respect to the Mortgage Loans if:

(1) the average three-month rolling percentage obtained by dividing (x) Aggregate Stated Principal Balance of Mortgage Loans that are 60 or more days delinquent (including for this purpose any such Mortgage Loans in foreclosure, Mortgage Loans with respect to which the related Mortgaged Property has been acquired by the trust, and Mortgage Loans discharged due to bankruptcy) by (y) the Aggregate Stated Principal Balance of the Mortgage Loans, in each case, as of the last day of the previous calendar month, exceeds 42.00% multiplied by the Credit Enhancement Percentage; or

(2) the cumulative amount of Realized Losses incurred on the mortgage loans from the Cut-off Date through the end of the calendar month immediately preceding such Distribution Date divided by the Cut-off Date Balance of the mortgage loans exceeds (i) 0.25% with respect to the Distribution Date occurring in May 2009, plus an additional 1/12th of 0.45% for each month thereafter up to and including the Distribution Date in April 2010, (ii) 0.70% with respect to the Distribution Date occurring in May 2010, plus an additional 1/12th of 0.55% for each month thereafter up to and including the Distribution Date in April 2011, (iii) 1.25% with respect to the Distribution Date occurring in May 2011, plus an additional 1/12th of 0.50% for each month thereafter up to and including the Distribution Date in April 2012, (iv) 1.75% with respect to the Distribution Date occurring in May 2012, plus an additional 1/12th of 0.30% for each month thereafter up to and including the Distribution Date in April 2013 and (v) 2.05% with respect to the Distribution Date occurring in May 2013 and thereafter

For purposes of the foregoing calculation, a Mortgage Loan is considered “60 days” delinquent if a payment due on the first day of a month has not been received by the second day of the second following month.

“Trust Fund”: REMIC 1, REMIC 2, REMIC 3, the Net WAC Shortfall Reserve Fund, the Pre-Funding Account, the Interest Coverage Account, the Class M Interest Reserve Fund and Master Servicer Prepayment Charge Payment Amounts.

“Trustee”: Deutsche Bank National Trust Company, or its successor in interest, or any successor trustee appointed as herein provided.

“Trustee Fee”: The fee payable to the Trustee on each Distribution Date for its services as Trustee hereunder, in an amount equal to one-twefth of the Trustee Fee Rate multiplied by the aggregate Stated Principal Balance of the Mortgage Loans as of the Due Date in the month preceding the month of such Distribution Date (after giving effect to Principal Prepayments in the Prepayment Period related to that prior Due Date).

“Trustee Fee Rate”: 0.0025% per annum.

“Uncertificated Accrued Interest”: With respect to each REMIC Regular Interest on each Distribution Date, an amount equal to one month's interest at the related Uncertificated Pass-Through Rate on the Uncertificated Principal Balance or Uncertificated Notional Amount of such REMIC Regular Interest. In each case, Uncertificated Accrued Interest will be reduced by any Net Prepayment Interest Shortfalls and Relief Act Interest Shortfalls (allocated to such REMIC Regular Interests as set forth in Section 1.03).

“Uncertificated Notional Balance”: With respect to REMIC 2 Regular Interest IO and each Distribution Date listed below, the aggregate Uncertificated Principal Balance of the REMIC 1 Regular Interests ending with the designation “A” listed below:

Distribution Date	REMIC 1 Regular Interests
1	1-1-A through 1-60-A
2	1-2-A through 1-60-A
3	1-3-A through 1-60-A
4	1-4-A through 1-60-A
5	1-5-A through 1-60-A
6	1-6-A through 1-60-A
7	1-7-A through 1-60-A
8	1-8-A through 1-60-A
9	1-9-A through 1-60-A
10	1-10-A through 1-60-A
11	1-11-A through 1-60-A
12	1-12-A through 1-60-A
13	1-13-A through 1-60-A
14	1-14-A through 1-60-A
15	1-15-A through 1-60-A
16	1-16-A through 1-60-A
17	1-17-A through 1-60-A
18	1-18-A through 1-60-A
19	1-19-A through 1-60-A
20	1-20-A through 1-60-A
21	1-21-A through 1-60-A
22	1-22-A through 1-60-A
23	1-23-A through 1-60-A
24	1-24-A through 1-60-A
25	1-25-A through 1-60-A
26	1-26-A through 1-60-A
27	1-27-A through 1-60-A
28	1-28-A through 1-60-A
29	1-29-A through 1-60-A
30	1-30-A through 1-60-A
31	1-31-A through 1-60-A
32	1-32-A through 1-60-A
33	1-33-A through 1-60-A
34	1-34-A through 1-60-A
35	1-35-A through 1-60-A
36	1-36-A through 1-60-A
37	1-37-A through 1-60-A
38	1-38-A through 1-60-A
39	1-39-A through 1-60-A

Distribution Date	REMIC 1 Regular Interests
40	1-40-A through 1-60-A
41	1-41-A through 1-60-A
42	1-42-A through 1-60-A
43	1-43-A through 1-60-A
44	1-44-A through 1-60-A
45	1-45-A through 1-60-A
46	1-46-A through 1-60-A
47	1-47-A through 1-60-A
48	1-48-A through 1-60-A
49	1-49-A through 1-60-A
50	1-50-A through 1-60-A
51	1-51-A through 1-60-A
52	1-52-A through 1-60-A
53	1-53-A through 1-60-A
54	1-54-A through 1-60-A
55	1-55-A through 1-60-A
56	1-56-A through 1-60-A
57	1-57-A through 1-60-A
58	1-58-A through 1-60-A
59	1-59-A through 1-60-A
60	1-60-A
thereafter	$0.00

With respect to the Class IO Interest and any Distribution Date, an amount equal to the Uncertificated Notional Amount of the REMIC 2 Regular Interest IO.

“Uncertificated Pass-Through Rate”: The Uncertificated REMIC 1 Pass-Through Rate or Uncertificated REMIC 2 Pass-Through Rate.

“Uncertificated Principal BalanceUncertificated Principal Balance”: With respect to each REMIC Regular Interest, the principal amount of such REMIC Regular Interest outstanding as of any date of determination. As of the Closing Date, the Uncertificated Principal Balance of each REMIC Regular Interest shall equal the amount set forth in the Preliminary Statement hereto as its initial Uncertificated Principal Balance. On each Distribution Date, the Uncertificated Principal Balance of each such REMIC Regular Interest shall be reduced by all distributions of principal made on such REMIC Regular Interest on such Distribution Date pursuant to Section 4.04 and, if and to the extent necessary and appropriate, shall be further reduced on such Distribution Date by Realized Losses as provided in Section 4.05. The Uncertificated Principal Balance of REMIC 2 Regular Interest ZZ shall be increased by interest deferrals as provided in Section 4.04(b)(ii). The Uncertificated Principal Balance of each REMIC Regular Interest shall never be less than zero.

“Uncertificated REMIC 1 Pass-Through Rate”: With respect to REMIC 1 Regular Interests P and OC and any Distribution Date, a per annum rate equal to the weighted average of the Net Mortgage Rates of the Mortgage Loans as of the first day of the month preceding the month in which such Distribution Date occurs.

With respect to each REMIC 1 Regular Interest ending with the designation “A” and any Distribution Date, a per annum rate equal to the weighted average of the Net Mortgage Rates of the Mortgage Loans as of the first day of the month preceding the month in which such Distribution Date occurs multiplied by 2, subject to a maximum rate equal to 2 multiplied by the per annum fixed rate set forth in the Interest Rate Swap Agreement to be used in determining the Net Swap Payment under such agreement for such Distribution Date.

With respect to each REMIC 1 Regular Interest ending with the designation “B” and any Distribution Date, a per annum rate equal to the greater of (x) the excess of (1) 2 multiplied by the weighted average of the Net Mortgage Rates of the Mortgage Loans as of the first day of the month preceding the month in which such Distribution Date occurs, over (2) 2 multiplied by the per annum fixed rate set forth in the Interest Rate Swap Agreement to be used in determining the Net Swap Payment under such agreement for such Distribution Date, and (y) 0.00%.

“Uncertificated REMIC 2 Pass-Through Rate”: With respect to each REMIC 2 Regular Interest (other than REMIC 2 Regular Interest IO) and any Distribution Date, a per annum rate equal to the weighted average of (i) the Uncertificated REMIC 1 Pass-Through Rates for the REMIC 1 Regular Interests ending with the designation “B”, REMIC 1 Regular Interest P and REMIC 1 Regular Interest OC for such Distribution Date, and (ii) the rates listed below for the REMIC 1 Regular Interests ending with the designation “A” for such Distribution Date, in each case weighted on the basis of the Uncertificated Principal Balances of each such REMIC 1 Regular Interest for such Distribution Date:

Distribution Date	REMIC 1 Regular Interest	Rate
1	1-1-A through 1-60-A	2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
2	1-2-A through 1-60-A	2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
	1-1-A	Uncertificated REMIC 1 Pass-Through Rate
3	1-3-A through 1-60-A	2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
	1-1-A through 1-2-A	Uncertificated REMIC 1 Pass-Through Rate
4	1-4-A through 1-60-A	2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
	1-1-A through 1-3-A	Uncertificated REMIC 1 Pass-Through Rate
5	1-5-A through 1-60-A	2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
	1-1-A through 1-4-A	Uncertificated REMIC 1 Pass-Through Rate
6	1-6-A through 1-60-A	2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
	1-1-A through 1-5-A	Uncertificated REMIC 1 Pass-Through Rate
7	1-7-A through 1-60-A	2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
	1-1-A through 1-6-A	Uncertificated REMIC 1 Pass-Through Rate
8	1-8-A through 1-60-A	2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
	1-1-A through 1-7-A	Uncertificated REMIC 1 Pass-Through Rate
9	1-9-A through 1-60-A	2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
	1-1-A through 1-8-A	Uncertificated REMIC 1 Pass-Through Rate
10	1-10-A through 1-60-A	2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
	1-1-A through 1-9-A	Uncertificated REMIC 1 Pass-Through Rate
11	1-11-A through 1-60-A	2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
	1-1-A through 1-10-A	Uncertificated REMIC 1 Pass-Through Rate
12	1-12-A through 1-60-A	2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate

Distribution Date	REMIC 1 Regular Interest	Rate
	1-1-A through 1-11-A	Uncertificated REMIC 1 Pass-Through Rate
13	1-13-A through 1-60-A	2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
	1-1-A through 1-12-A	Uncertificated REMIC 1 Pass-Through Rate
14	1-14-A through 1-60-A	2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
	1-1-A through 1-13-A	Uncertificated REMIC 1 Pass-Through Rate
15	1-15-A through 1-60-A	2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
	1-1-A through 1-14-A	Uncertificated REMIC 1 Pass-Through Rate
16	1-16-A through 1-60-A	2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
	1-1-A through 1-15-A	Uncertificated REMIC 1 Pass-Through Rate
17	1-17-A through 1-60-A	2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
	1-1-A through 1-16-A	Uncertificated REMIC 1 Pass-Through Rate
18	1-18-A through 1-60-A	2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
	1-1-A through 1-17-A	Uncertificated REMIC 1 Pass-Through Rate
19	1-19-A through 1-60-A	2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
	1-1-A through 1-18-A	Uncertificated REMIC 1 Pass-Through Rate
20	1-20-A through 1-60-A	2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
	1-1-A through 1-19-A	Uncertificated REMIC 1 Pass-Through Rate
21	1-21-A through 1-60-A	2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
	1-1-A through 1-20-A	Uncertificated REMIC 1 Pass-Through Rate
22	1-22-A through 1-60-A	2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
	1-1-A through 1-21-A	Uncertificated REMIC 1 Pass-Through Rate
23	1-23-A through 1-60-A	2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
	1-1-A through 1-22-A	Uncertificated REMIC 1 Pass-Through Rate
24	1-24-A through 1-60-A	2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
	1-1-A through 1-23-A	Uncertificated REMIC 1 Pass-Through Rate
25	1-25-A through 1-60-A	2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
	1-1-A through 1-24-A	Uncertificated REMIC 1 Pass-Through Rate
26	1-26-A through 1-60-A	2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
	1-1-A through 1-25-A	Uncertificated REMIC 1 Pass-Through Rate
27	1-27-A through 1-60-A	2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
	1-1-A through 1-26-A	Uncertificated REMIC 1 Pass-Through Rate
28	1-28-A through 1-60-A	2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
	1-1-A through 1-27-A	Uncertificated REMIC 1 Pass-Through Rate
29	1-29-A through 1-60-A	2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
	1-1-A through 1-28-A	Uncertificated REMIC 1 Pass-Through Rate
30	1-30-A through 1-60-A	2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
	1-1-A through 1-29-A	Uncertificated REMIC 1 Pass-Through Rate
31	1-31-A through 1-60-A	2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
	1-1-A through 1-30-A	Uncertificated REMIC 1 Pass-Through Rate
32	1-32-A through 1-60-A	2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate

Distribution Date	REMIC 1 Regular Interest	Rate
	1-1-A through 1-31-A	Uncertificated REMIC 1 Pass-Through Rate
33	1-33-A through 1-60-A	2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
	1-1-A through 1-32-A	Uncertificated REMIC 1 Pass-Through Rate
34	1-34-A through 1-60-A	2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
	1-1-A through 1-33-A	Uncertificated REMIC 1 Pass-Through Rate
35	1-35-A through 1-60-A	2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
	1-1-A through 1-34-A	Uncertificated REMIC 1 Pass-Through Rate
36	1-36-A through 1-60-A	2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
	1-1-A through 1-35-A	Uncertificated REMIC 1 Pass-Through Rate
37	1-37-A through 1-60-A	2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
	1-1-A through 1-36-A	Uncertificated REMIC 1 Pass-Through Rate
38	1-38-A through 1-60-A	2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
	1-1-A through 1-37-A	Uncertificated REMIC 1 Pass-Through Rate
39	1-39-A through 1-60-A	2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
	1-1-A through 1-38-A	Uncertificated REMIC 1 Pass-Through Rate
40	1-40-A through 1-60-A	2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
	1-1-A through 1-39-A	Uncertificated REMIC 1 Pass-Through Rate
41	1-41-A through 1-60-A	2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
	1-1-A through 1-40-A	Uncertificated REMIC 1 Pass-Through Rate
42	1-42-A through 1-60-A	2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
	1-1-A through 1-41-A	Uncertificated REMIC 1 Pass-Through Rate
43	1-43-A through 1-60-A	2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
	1-1-A through 1-42-A	Uncertificated REMIC 1 Pass-Through Rate
44	1-44-A through 1-60-A	2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
	1-1-A through 1-43-A	Uncertificated REMIC 1 Pass-Through Rate
45	1-45-A through 1-60-A	2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
	1-1-A through 1-44-A	Uncertificated REMIC 1 Pass-Through Rate
46	1-46-A through 1-60-A	2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
	1-1-A through 1-45-A	Uncertificated REMIC 1 Pass-Through Rate
47	1-47-A through 1-60-A	2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
	1-1-A through 1-46-A	Uncertificated REMIC 1 Pass-Through Rate
48	1-48-A through 1-60-A	2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
	1-1-A through 1-47-A	Uncertificated REMIC 1 Pass-Through Rate
49	1-49-A through 1-60-A	2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
	1-1-A through 1-48-A	Uncertificated REMIC 1 Pass-Through Rate
50	1-50-A through 1-60-A	2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
	1-1-A through 1-49-A	Uncertificated REMIC 1 Pass-Through Rate
51	1-51-A through 1-60-A	2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
	1-1-A through 1-50-A	Uncertificated REMIC 1 Pass-Through Rate
52	1-52-A through 1-60-A	2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate

Distribution Date	REMIC 1 Regular Interest	Rate
	1-1-A through 1-51-A	Uncertificated REMIC 1 Pass-Through Rate
53	1-53-A through 1-60-A	2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
	1-1-A through 1-52-A	Uncertificated REMIC 1 Pass-Through Rate
54	1-54-A through 1-60-A	2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
	1-1-A through 1-53-A	Uncertificated REMIC 1 Pass-Through Rate
55	1-55-A through 1-60-A	2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
	1-1-A through 1-54-A	Uncertificated REMIC 1 Pass-Through Rate
56	1-56-A through 1-60-A	2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
	1-1-A through 1-55-A	Uncertificated REMIC 1 Pass-Through Rate
57	1-57-A through 1-60-A	2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
	1-1-A through 1-56-A	Uncertificated REMIC 1 Pass-Through Rate
58	1-58-A through 1-60-A	2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
	1-1-A through 1-57-A	Uncertificated REMIC 1 Pass-Through Rate
59	1-59-A through 1-60-A	2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
	1-1-A through 1-58-A	Uncertificated REMIC 1 Pass-Through Rate
60	1-60-A	2 multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated REMIC 1 Pass-Through Rate
	1-1-A through 1-59-A	Uncertificated REMIC 1 Pass-Through Rate
thereafter	1-1-A through 1-60-A	Uncertificated REMIC 1 Pass-Through Rate

With respect to REMIC 2 Regular Interest IO and any Distribution Date, a per annum rate equal to the excess of (i) the weighted average of the Uncertificated REMIC 1 Pass-Through Rates for the REMIC 1 Regular Interests ending with the designation “A” for such Distribution Date over (ii) the weighted average of 2 multiplied by Swap LIBOR on the REMIC 1 Regular Interests ending with the designation “A”, subject to a maximum rate of the Uncertificated REMIC 1 Pass-Through Rate for each such REMIC 1 Regular Interest for such Distribution Date, in each case, weighted on the basis of the Uncertificated Principal Balances of each such REMIC 1 Regular Interest for such Distribution Date.

“Uninsured CauseUninsured Cause”: Any cause of damage to property subject to a Mortgage such that the complete restoration of such property is not fully reimbursable by the hazard insurance policies or flood insurance policies required to be maintained pursuant to Section 3.13.

“United States PersonUnited States Person”: A citizen or resident of the United States, a corporation or a partnership (including an entity treated as a corporation or partnership for United States federal income tax purposes) created or organized in, or under the laws of, the United States or any State thereof or the District of Columbia (except, in the case of a partnership, to the extent provided in regulations) provided that, for purposes solely of the restrictions on the transfer of Class R Certificates, no partnership or other entity treated as a partnership for United States federal income tax purposes shall be treated as a United States Person unless all persons that own an interest in such partnership either directly or through any entity that is not a corporation for United States federal income tax purposes are required by the applicable operative agreement to be United States Persons or an estate whose income is subject to United States federal income tax regardless of its source, or a trust if a court within the United States is able to exercise primary supervision over the administration of the trust and one or more such United States Persons have the authority to control all substantial decisions of the trust. To the extent prescribed in regulations by the Secretary of the Treasury, which have not yet been issued, a trust which was in existence on August 20, 1996 (other than a trust treated as owned by the grantor under subpart E of part I of subchapter J of chapter 1 of the Code), and which was treated as a United States person on August 20, 1996 may elect to continue to be treated as a United States person notwithstanding the previous sentence.

“Unpaid Interest Shortfall AmountUnpaid Interest Shortfall Amount”: For each Class of Class A, Class M and Class B Certificates and any Distribution Date, the amount, if any, by which (a) the sum of (1) the Monthly Interest Distributable Amount for such Class for such Distribution Date and (2) the outstanding Unpaid Interest Shortfall Amount, if any, for such Class for the immediately preceding Distribution Date exceeds (b) the aggregate amount distributed on such Class in respect of interest pursuant to clause (a) of this definition on such Distribution Date, plus interest on the amount of Unpaid Interest Shortfall Amount due but not paid on such Class on the immediately preceding Distribution Date, to the extent permitted by law, at the Pass-Through Rate for such Class for the related Accrual Period.

“Voting RightsVoting Rights”: The portion of the voting rights of all of the Certificates which is allocated to any Certificate. At all times during the term of this Agreement, (i) 98% of all Voting Rights will be allocated among the Holders of the Class A Certificates, the Subordinate Certificates and the Class C Certificates in proportion to the then outstanding Certificate Principal Balances of their respective Certificates, (ii) 1% of all Voting Rights will be allocated to the Holders of the Class P Certificates and (iii) 1% of all Voting Rights will be allocated to the Holders of the Class R Certificates. The Voting Rights allocated to any Class of Certificates shall be allocated among all Holders of the Certificates of such Class in proportion to the outstanding Percentage Interests in such Class represented thereby.

“Weighted Average Net Mortgage RateWeighted Average Net Mortgage Rate”: The weighted average of the Net Mortgage Rates of the Mortgage Loans, weighted on the basis of the Stated Principal Balances thereof as of the close of business on the first day of the calendar month preceding the month in which such Distribution Date occurs.

Section 1.02. Determination of LIBOR.

LIBOR applicable to the calculation of the Pass-Through Rate on the Class A Certificates and Subordinate Certificates for any Accrual Period will be determined on each LIBOR Rate Adjustment Date.

On each LIBOR Rate Adjustment Date, LIBOR shall be established by the Trustee and, as to any Accrual Period, will equal the rate for one month United States dollar deposits that appears on the Reuters Screen LIBOR01 as of 11:00 a.m., London time, on such LIBOR Rate Adjustment Date. “Reuters Screen LIBOR01” means the display designated as such by Reuters Monitor Money Rates Services. If such rate does not appear on such page (or such other page as may replace that page on that service, or if such service is no longer offered, LIBOR shall be so established by use of such other service for displaying LIBOR or comparable rates as may be selected by the Trustee after consultation with the Master Servicer), the rate will be the Reference Bank Rate. The “Reference Bank Rate” will be determined on the basis of the rates at which deposits in U.S. Dollars are offered by the reference banks (which shall be any three major banks that are engaged in transactions in the London interbank market, selected by the Trustee after consultation with the Master Servicer) as of 11:00 a.m., London time, on the LIBOR Rate Adjustment Date to prime banks in the London interbank market for a period of one month in amounts approximately equal to the aggregate Certificate Principal Balance of the Class A Certificates and Subordinate Certificates then outstanding. The Trustee will request the principal London office of each of the reference banks to provide a quotation of its rate. If at least two such quotations are provided, the rate will be the arithmetic mean of the quotations rounded up to the next multiple of 1/16%. If on such date fewer than two quotations are provided as requested, the rate will be the arithmetic mean of the rates quoted by one or more major banks in New York City, selected by the Trustee after consultation with the Master Servicer, as of 11:00 a.m., New York City time, on such date for loans in U.S. Dollars to leading European banks for a period of one month. If no such quotations can be obtained, the rate will be LIBOR for the prior Distribution Date; provided however, if, under the priorities described above, LIBOR for a Distribution Date would be based on LIBOR for the previous Distribution Date for the third consecutive Distribution Date, the Trustee shall select an alternative comparable index after consultation with the Master Servicer (over which the Trustee has no control), used for determining one-month Eurodollar lending rates that is calculated and published (or otherwise made available) by an independent party.

The establishment of LIBOR by the Trustee on any LIBOR Rate Adjustment Date and the Trustee’s subsequent calculation of the Pass-Through Rate applicable to the Class A Certificates and Subordinate Certificates for the relevant Accrual Period, in the absence of manifest error, will be final and binding.

Promptly following each LIBOR Rate Adjustment Date the Trustee shall supply the Master Servicer with the results of its determination of LIBOR on such date. Furthermore, the Trustee will supply to any Certificateholder so requesting by telephone the Pass-Through Rate on the Class A Certificates and Subordinate Certificates for the current and the immediately preceding Accrual Period.

Section 1.03. Allocation of Certain Interest Shortfalls.

For purposes of calculating the amount of the Monthly Interest Distributable Amount for the Class A Certificates, the Subordinate Certificates and the Class C Certificates for any Distribution Date, the aggregate amount of any Net Prepayment Interest Shortfalls and any Relief Act Interest Shortfalls incurred in respect of the Mortgage Loans for any Distribution Date shall be allocated first, to the Class C Certificates, based on, and to the extent of, one month's interest at the then applicable Pass-Through Rate on the Notional Balance of such Certificates and, thereafter, among the Class A, Class M and Class B Certificates on a pro rata basis, based on, and to the extent of, one month's interest at the then applicable respective Pass-Through Rates on the respective Certificate Principal Balances of each such Certificate.

For purposes of calculating the amount of Uncertificated Accrued Interest for the REMIC 1 Regular Interests for any Distribution Date, the aggregate amount of any Net Prepayment Interest Shortfalls and any Relief Act Interest Shortfalls incurred in respect of the Mortgage Loans shall be allocated first, to REMIC 1 Regular Interests ending with the designation “B” and REMIC 1 Regular Interests P and OC, pro rata, based on, and to the extent of, one month’s interest at the then applicable respective Uncertificated REMIC 1 Pass-Through Rates on the respective Uncertificated Principal Balances of each such REMIC 1 Regular Interest, and then, to REMIC 1 Regular Interests ending with the designation “A”, pro rata, based on, and to the extent of, one month’s interest at the then applicable respective Uncertificated REMIC 1 Pass-Through Rates on the respective Uncertificated Principal Balances of each such REMIC 1 Regular Interest.

For purposes of calculating the amount of Uncertificated Accrued Interest for the REMIC 2 Regular Interests (other than REMIC 2 Regular Interest IO) for any Distribution Date, the aggregate amount of any Net Prepayment Interest Shortfalls and any Relief Act Interest Shortfalls incurred in respect of the Mortgage Loans for any Distribution Date shall be allocated first, to Uncertificated Accrued Interest payable to REMIC 2 Regular Interest AA and REMIC 2 Regular Interest ZZ up to an aggregate amount equal to the REMIC 2 Interest Loss Allocation Amount, 98% and 2%, respectively, and thereafter among REMIC 2 Regular Interest AA, each REMIC 2 Regular Interest for which a Class A, Class B, Class M or Class P Certificate is the Corresponding Certificate and REMIC 2 Regular Interest ZZ, pro rata, based on, and to the extent of, one month’s interest at the then applicable respective Uncertificated REMIC 2 Pass-Through Rates on the respective Uncertificated Principal Balances of each such REMIC 2 Regular Interest.

ARTICLE II

CONVEYANCE OF MORTGAGE LOANS;

ORIGINAL ISSUANCE OF CERTIFICATES

Section 2.01. Conveyance of Mortgage Loans.

The Depositor, as of the Closing Date, and concurrently with the execution and delivery hereof, does hereby assign, transfer, sell, set over and otherwise convey to the Trustee without recourse all the right, title and interest of the Depositor in and to the Mortgage Loans identified on the Mortgage Loan Schedule (exclusive of any prepayment fees and late payment charges received thereon) and all other assets included or to be included in the Trust Fund for the benefit of the Certificateholders, including the amount to be deposited by or on behalf of the Depositor into the Net WAC Shortfall Reserve Fund. Such assignment includes all principal and interest received by the Master Servicer on or with respect to the Mortgage Loans (other than payment of principal and interest due on or before the Cut-off Date).

In connection with such transfer and assignment, the Depositor has caused the Sponsor to deliver to, and deposit with the Trustee, as described in the Mortgage Loan Purchase Agreement, with respect to each Mortgage Loan, and the Depositor has caused the Sponsor to deliver to, and deposit with the Trustee, as described in accordance with Section 2.07, with respect to each Subsequent Mortgage Loan, the following documents or instruments:

(i) the original Mortgage Note endorsed without recourse, “Deutsche Bank National Trust Company, as trustee under the Pooling and Servicing Agreement relating to Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-3” with all intervening endorsements showing an unbroken chain of endorsements from the originator to the Person endorsing it to the Trustee or, with respect to any Mortgage Loan as to which the original Mortgage Note has been permanently lost or destroyed and has not been replaced, a Lost Note Affidavit;

(ii) the original recorded Mortgage, noting the presence of the MIN of the Mortgage Loan and language indicating that the Mortgage Loan is a MOM Loan if the Mortgage Loan is a MOM Loan, with evidence of recording indicated thereon or, if the original Mortgage has not been returned from the public recording office, a copy of the Mortgage certified by the Sponsor or the public recording office in which such Mortgage has been recorded to be a true and complete copy of the original Mortgage submitted for recording;

(iii) unless the Mortgage Loan is registered on the MERS® System, a duly executed original Assignment of the Mortgage, without recourse, in recordable form to Deutsche Bank National Trust Company, as trustee,” or to “Deutsche Bank National Trust Company, as trustee for holders of Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-3”;

(iv) the original intervening Assignments, if any, of the Mortgage showing an unbroken chain of assignment from the originator thereof to the Person assigning it to the Trustee (or to MERS, if the Mortgage Loan is registered on the MERS® System and noting the presence of a MIN) or, if any such Assignment has not been returned from the applicable public recording office, a copy of such Assignment certified by the Sponsor to be a true and complete copy of the original Assignment submitted to the title insurance company for recording;

(v) the original title insurance policy or a copy thereof, or, if such policy has not been issued, any one of an original or a copy of the preliminary title report, title binder or title commitment on the Mortgaged Property with the original policy of the insurance to be delivered promptly following the receipt thereof;

(vi) a copy of the related hazard insurance policy; and

(vii) a true and correct copy of any assumption, modification, consolidation or substitution agreement.

The Sponsor is obligated as described in the Mortgage Loan Purchase Agreement, with respect to the Mortgage Loans, and in accordance with Section 2.07 and the Subsequent Mortgage Loan Purchase Agreement, with respect to the Subsequent Mortgage Loans, to deliver to the Trustee: (a) either the original recorded Mortgage, or in the event such original cannot be delivered by the Sponsor, a copy of such Mortgage certified as true and complete by the appropriate recording office, in those instances where a copy thereof certified by the Sponsor was delivered to the Trustee pursuant to clause (ii) above; and (b) either the original intervening Assignments, if any, of the Mortgage, with evidence of recording thereon, showing an unbroken chain of assignment from the originator to the Sponsor, or in the event such original cannot be delivered by the Sponsor, a copy of such intervening Assignments, if any, certified as true and complete by the appropriate recording office, in those instances where copies thereof certified by the Sponsor were delivered to the Trustee pursuant to clause (iv) above. However, pursuant to the Mortgage Loan Purchase Agreement with respect to the Initial Mortgage Loans and pursuant to Section 2.07 and the Subsequent Mortgage Loan Purchase Agreement with respect to the Subsequent Mortgage Loans, the Sponsor need not cause to be recorded any assignment in any jurisdiction under the laws of which, as evidenced by an Opinion of Counsel delivered by the Sponsor to the Trustee, the Certificate Insurer and the Rating Agencies, the recordation of such assignment is not necessary to protect the Trustee’s interest in the related Mortgage Loan; provided, however, notwithstanding the delivery of any Opinion of Counsel, each assignment shall be submitted for recording by the Sponsor in the manner described above, at no expense to the Trust or the Trustee, upon the earliest to occur of: (i) direction by the Holders of Certificates evidencing at least 25% of the Voting Rights or the Certificate Insurer, (ii) the occurrence of a Event of Default, (iii) the occurrence of a bankruptcy, insolvency or foreclosure relating to the Sponsor, (iv) the occurrence of a servicing transfer as described in Section 7.02 hereof and (v) if the Sponsor is not the Master Servicer and with respect to any one assignment, the occurrence of a bankruptcy, insolvency or foreclosure relating to the Mortgagor under the related Mortgage.

Notwithstanding anything to the contrary contained in this Section 2.01, in those instances where the public recording office retains the original Mortgage after it has been recorded, the Sponsor shall be deemed to have satisfied its obligations hereunder upon delivery to the Trustee of a copy of such Mortgage certified by the public recording office to be a true and complete copy of the recorded original thereof.

If any Assignment is lost or returned unrecorded to the Trustee because of any defect therein, the Sponsor is required, as described in the Mortgage Loan Purchase Agreement with respect to the Initial Mortgage Loans, and as described in the Subsequent Mortgage Loan Purchase Agreement and in accordance with Section 2.07, with respect to the Subsequent Mortgage Loans, to prepare a substitute Assignment or cure such defect, as the case may be, and the Sponsor shall cause such Assignment to be recorded in accordance with this section.

The Sponsor is required as described in the Mortgage Loan Purchase Agreement with respect to the Initial Mortgage Loans, and as described in the Subsequent Mortgage Loan Purchase Agreement and in accordance with Section 2.07, with respect to the Subsequent Mortgage Loans, to exercise its best reasonable efforts to deliver or cause to be delivered to the Trustee within 120 days of the Closing Date or related Subsequent Transfer Date, with respect to the Mortgage Loans, the original or a photocopy of the title insurance policy with respect to each such Mortgage Loan assigned to the Trustee pursuant to this Section 2.01.

In connection with the assignment of any Mortgage Loan registered on the MERS® System, the Sponsor further agrees that it will cause, at the Sponsor's own expense, as of the Closing Date or related Subsequent Transfer Date, the MERS® System to indicate that such Mortgage Loans have been assigned by the Sponsor to the Trustee in accordance with this Agreement for the benefit of the Certificateholders and the Certificate Insurer by including (or deleting, in the case of Mortgage Loans which are repurchased in accordance with this Agreement) in such computer files (a) the code in the field which identifies the specific Trustee and (b) the code in the field “Pool Field” which identifies the series of the Certificates issued in connection with such Mortgage Loans. The Depositor further agrees that it will not, and will not permit the Master Servicer to, and the Master Servicer agrees that it will not, alter the codes referenced in this paragraph with respect to any Mortgage Loan during the term of this Agreement unless and until such Mortgage Loan is repurchased in accordance with the terms of this Agreement.

All original documents relating to the Mortgage Loans which are not delivered to the Trustee are and shall be held by the Master Servicer in trust for the benefit of the Trustee on behalf of the Certificateholders and the Certificate Insurer.

Except as may otherwise expressly be provided herein, none of the Depositor, the Master Servicer or the Trustee shall (and the Master Servicer shall ensure that no Sub-Servicer shall) assign, sell, dispose of or transfer any interest in the Trust Fund or any portion thereof, or cause the Trust Fund or any portion thereof to be subject to any lien, claim, mortgage, security interest, pledge or other encumbrance.

It is intended that the conveyance of the Mortgage Loans by the Depositor to the Trustee as provided in this Section 2.01 be, and be construed as, a sale of the Mortgage Loans as provided for in this Section 2.01 by the Depositor to the Trustee for the benefit of the Certificateholders and the Certificate Insurer. It is, further, not intended that such conveyance be deemed a pledge of the Mortgage Loans by the Depositor to the Trustee to secure a debt or other obligation of the Depositor. However, in the event that the Mortgage Loans are held to be property of the Depositor, or if for any reason this Agreement is held or deemed to create a security interest in the Mortgage Loans, then it is intended that, (a) this Agreement shall also be deemed to be a security agreement within the meaning of Articles 8 and 9 of the New York Uniform Commercial Code and the Uniform Commercial Code of any other applicable jurisdiction; (b) the conveyance provided for in this Section 2.01 shall be deemed to be (1) a grant by the Depositor to the Trustee of a security interest in all of the Depositor's right (including the power to convey title thereto), title and interest, whether now owned or hereafter acquired, in and to (A) the Mortgage Loans, including the Mortgage Notes, the Mortgages, any related Insurance Policies and all other documents in the related Mortgage Files, (B) all amounts payable to the holders of the Mortgage Loans in accordance with the terms thereof and (C) all proceeds of the conversion, voluntary or involuntary, of the foregoing into cash, instruments, securities or other property, including without limitation all amounts from time to time held or invested in the Certificate Account or the Custodial Account, whether in the form of cash, instruments, securities or other property and (2) an assignment by the Depositor to the Trustee of any security interest in any and all of the Sponsor's right (including the power to convey title thereto), title and interest, whether now owned or hereafter acquired, in and to the property described in the foregoing clauses (1)(A) through (C); (c) the possession by the Trustee or any other custodian or agent of the Trustee of Mortgage Notes and such other items of property as constitute instruments, money, negotiable documents or chattel paper shall be deemed to be “possession by the secured party” or possession by a purchaser or a person designated by such secured party, for purposes of perfecting the security interest pursuant to the New York Uniform Commercial Code and the Uniform Commercial Code of any other applicable jurisdiction (including, without limitation, Sections 9-115, 9-305, 8-102, 8-301, 8-501 and 8-503 thereof); and (d) notifications to persons holding such property, and acknowledgments, receipts or confirmations from persons holding such property, shall be deemed notifications to, or acknowledgments, receipts or confirmations from, financial intermediaries, bailees or agents (as applicable) of the Trustee for the purpose of perfecting such security interest under applicable law. The Depositor and the Trustee shall, to the extent consistent with this Agreement, take such actions as may be necessary to ensure that, if this Agreement were deemed to create a security interest in the Mortgage Loans, such security interest would be deemed to be a perfected security interest of first priority under applicable law and will be maintained as such throughout the term of the Agreement.

Concurrently with the execution of this Agreement, the Interest Rate Swap Agreement and Cap Contracts shall be delivered to the Trustee. In connection therewith, the Depositor hereby directs the Trustee, as Supplemental Interest Trust Trustee (not in its individual capacity, but solely in its capacity as Supplemental Interest Trust Trustee), to execute and deliver the Interest Rate Swap Agreement and to exercise the rights, perform the obligations, and make the representations of Party B (as defined therein) as set forth in the Interest Rate Swap Agreement and as provided in this Agreement on the Closing Date and thereafter. In addition, the Trustee, as Supplemental Interest Trust Trustee (not in its individual capacity, but solely in its capacity as Supplemental Interest Trust Trustee), is hereby directed to execute and deliver the Cap Contracts on behalf of Party B (as defined therein) and to exercise the rights, perform the obligations, and make the representations of Party B as set forth in the each Cap Contract and as provided in this Agreement on the Closing Date and thereafter. The Sponsor, the Master Servicer, the Depositor and the Certificateholders, by acceptance of their Certificates, acknowledge and agree that the Trustee, as Supplemental Interest Trust Trustee, shall execute and deliver the Interest Rate Swap Agreement and Cap Contracts on behalf of Party B (as defined therein) and shall exercise the rights, perform the obligations, and make the representations of Party B as set forth in the Interest Rate Swap Agreement and Cap Contracts and as provided in this Agreement and shall do so solely in its capacity as Supplemental Interest Trust Trustee and not in its individual capacity.

Every provision of this Agreement relating to the conduct or affecting the liability of or affording protection to the Supplemental Interest Trust Trustee shall apply to the Supplemental Interest Trust Trustee’s execution of the Interest Rate Swap Agreement and Cap Contracts, and the performance of its duties and the satisfaction of its obligations on behalf of Party B thereunder.

Section 2.02. Acceptance of the Trust Fund by the Trustee.

The Trustee, with respect to the Mortgage Files held by it, acknowledges receipt (subject to any exceptions noted in the Initial Certification described below) on behalf of the Trustee, of the documents referred to in Section 2.01 above and all other assets included in the definition of “Trust Fund” and declares that it holds and will hold such documents and the other documents delivered to it constituting the Mortgage Files, and that it holds or will hold such other assets included in the definition of “Trust Fund” (to the extent delivered or assigned to the Trustee), in trust for the exclusive use and benefit of all present and future Certificateholders and the Certificate Insurer.

The Trustee agrees, for the benefit of the Certificateholders and the Certificate Insurer, to review or cause to be reviewed on its behalf, each Mortgage File on or before the Closing Date (or the related Subsequent Transfer Date, with respect to the Subsequent Mortgage Loans) to ascertain that all documents required to be delivered to it are in its possession, and the Trustee agrees to execute and deliver, or cause to be executed and delivered, to the Certificate Insurer, the Depositor and the Master Servicer on the Closing Date, with respect to each Mortgage Loan, an Initial Certification in the form annexed hereto as Exhibit C to the effect that, as to each Mortgage Loan listed in the Mortgage Loan Schedule (other than any Mortgage Loan paid in full or any Mortgage Loan specifically identified in such certification as not covered by such certification), (i) all documents required to be delivered to it pursuant to this Agreement with respect to such Mortgage Loan are in its possession, (ii) such documents have been reviewed by it and appear regular on their face and relate to such Mortgage Loan and (iii) based on its examination and only as to the foregoing documents, the information set forth in items (i), (ii), (iii)(A) and (iv) of the definition of the “Mortgage Loan Schedule” accurately reflects information set forth in the Mortgage File. None of the Trustee or the Master Servicer shall be under any duty to determine whether any Mortgage File should include any of the documents specified in clause (vi) or (vii) of Section 2.01. None of the Trustee or the Master Servicer shall be under any duty or obligation to inspect, review or examine said documents, instruments, certificates or other papers to determine that the same are genuine, enforceable or appropriate for the represented purpose or that they have actually been recorded, or they are in recordable form or that they are other than what they purport to be on their face.

Within 90 days of the Closing Date, with respect to the Mortgage Loans, the Trustee shall deliver to the Depositor, the Certificate Insurer and the Master Servicer a Final Certification in the form annexed hereto as Exhibit D evidencing the completeness of the Mortgage Files, with any applicable exceptions noted thereon, with respect to all of the Initial Mortgage Loans and the Subsequent Mortgage Loans.

If in the process of reviewing the Mortgage Files and preparing the certifications referred to above the Trustee finds any document or documents constituting a part of a Mortgage File to be missing or defective in any material respect, the Trustee shall promptly notify the Sponsor, the Master Servicer, the Certificate Insurer and the Depositor. The Trustee shall promptly notify the Sponsor of such defect and request that the Sponsor cure any such defect within 60 days from the date on which the Sponsor was notified of such defect, and if the Sponsor does not cure such defect in all material respects during such period, request on behalf of the Certificateholders and the Certificate Insurer that the Sponsor purchase such Mortgage Loan from the Trust Fund at the Purchase Price within 90 days after the date on which the Sponsor was notified of such defect; provided that if such defect would cause the Mortgage Loan to be other than a “qualified mortgage” as defined in Section 860G(a)(3) of the Code, any such cure or repurchase must occur within 90 days from the date such breach was discovered. It is understood and agreed that the obligation of the Sponsor to cure a material defect in, or purchase any Mortgage Loan as to which a material defect in a constituent document exists shall constitute the sole remedy respecting such defect available to Certificateholders, the Certificate Insurer or the Trustee on behalf of Certificateholders. The Purchase Price for the purchased Mortgage Loan shall be deposited or caused to be deposited upon receipt by the Master Servicer in the Custodial Account and, upon receipt by the Trustee of written notification of such deposit signed by a Servicing Officer, the Trustee shall release or cause to be released to the Sponsor the related Mortgage File and shall execute and deliver such instruments of transfer or assignment, in each case without recourse, as the Sponsor shall require as necessary to vest in the Sponsor ownership of any Mortgage Loan released pursuant hereto and at such time the Trustee shall have no further responsibility with respect to the related Mortgage File. In furtherance of the foregoing, if the Sponsor is not a member of MERS and the Mortgage is registered on the MERS® System, the Master Servicer, at its own expense and without any right of reimbursement, shall cause MERS to execute and deliver an assignment of the Mortgage in recordable form to transfer the Mortgage from MERS to the Sponsor and shall cause such Mortgage to be removed from registration on the MERS® System in accordance with MERS' rules and regulations.

Section 2.03. Representations, Warranties and Covenants of the Master Servicer and the Depositor.

(a) The Master Servicer hereby represents and warrants to and covenants with the Depositor and the Trustee for the benefit of Certificateholders and the Certificate Insurer that:

(i) The Master Servicer is, and throughout the term hereof shall remain, a corporation duly organized, validly existing and in good standing under the laws of the state of its incorporation (except as otherwise permitted pursuant to Section 6.02), the Master Servicer is, and shall remain, in compliance with the laws of each state in which any Mortgaged Property is located to the extent necessary to perform its obligations under this Agreement, and the Master Servicer or the Sub-Servicer is, and shall remain, approved to sell mortgage loans to and service mortgage loans for Xxxxxx Xxx and Xxxxxxx Mac;

(ii) The execution and delivery of this Agreement by the Master Servicer, and the performance and compliance with the terms of this Agreement by the Master Servicer, will not violate the Master Servicer's articles of incorporation or bylaws or constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, or result in the breach of, any material agreement or other instrument to which it is a party or which is applicable to it or any of its assets;

(iii) The Master Servicer has the full power and authority to enter into and consummate all transactions contemplated by this Agreement, has duly authorized the execution, delivery and performance of this Agreement, and has duly executed and delivered this Agreement;

(iv) This Agreement, assuming due authorization, execution and delivery by the Depositor and the Trustee, constitutes a valid, legal and binding obligation of the Master Servicer, enforceable against the Master Servicer in accordance with the terms hereof, subject to (A) applicable bankruptcy, insolvency, reorganization, moratorium and other laws affecting the enforcement of creditors' rights generally, and (B) general principles of equity, regardless of whether such enforcement is considered in a proceeding in equity or at law;

(v) The Master Servicer is not in violation of, and its execution and delivery of this Agreement and its performance and compliance with the terms of this Agreement will not constitute a violation of, any law, any order or decree of any court or arbiter, or any order, regulation or demand of any federal, state or local governmental or regulatory authority, which violation is likely to affect materially and adversely either the ability of the Master Servicer to perform its obligations under this Agreement or the financial condition of the Master Servicer;

(vi) No litigation is pending (other than litigation with respect to which pleadings or documents have been filed with a court, but not served on the Master Servicer) or, to the best of the Master Servicer's knowledge, threatened against the Master Servicer which would prohibit its entering into this Agreement or performing its obligations under this Agreement or is likely to affect materially and adversely either the ability of the Master Servicer to perform its obligations under this Agreement or the financial condition of the Master Servicer;

(vii) The Master Servicer will comply in all material respects in the performance of this Agreement with all reasonable rules and requirements of each insurer under each Insurance Policy;

(viii) The execution of this Agreement and the performance of the Master Servicer's obligations hereunder do not require any license, consent or approval of any state or federal court, agency, regulatory authority or other governmental body having jurisdiction over the Master Servicer, other than such as have been obtained;

(ix) No information, certificate of an officer, statement furnished in writing or report delivered to the Depositor, any affiliate of the Depositor or the Trustee by the Master Servicer in its capacity as Master Servicer, and not in its capacity as a Sponsor hereunder, will, to the knowledge of the Master Servicer, contain any untrue statement of a material fact;

(x) The Master Servicer will not waive any Prepayment Charge unless it is waived in accordance with the standard set forth in Section 3.01; and

(xi) The Master Servicer is a member of MERS in good standing, and will comply in all material respects with the rules and procedures of MERS in connection with the servicing of the Mortgage Loans that are registered with MERS.

It is understood and agreed that the representations, warranties and covenants set forth in this Section 2.03(a) shall survive the execution and delivery of this Agreement, and shall inure to the benefit of the Depositor, the Trustee, the Certificate Insurer and the Certificateholders. Upon discovery by the Depositor, the Trustee, the Certificate Insurer or the Master Servicer of a breach of any of the foregoing representations, warranties and covenants that materially and adversely affects the interests of the Depositor, the Certificate Insurer or the Trustee, the party discovering such breach shall give prompt written notice to the other parties. Notwithstanding the foregoing, within 90 days of the earlier of discovery by the Master Servicer or receipt of notice by the Master Servicer of the breach of the covenant of the Master Servicer set forth in Section 2.03(a)(x) above which materially and adversely affects the interests of the Holders of the Class P Certificates in any Prepayment Charge, the Master Servicer shall remedy such breach as follows: the Master Servicer shall pay the amount of such waived Prepayment Charge, for the benefit of the Holders of the Class P Certificates, by depositing such amount into the Custodial Account (net of any amount actually collected by the Master Servicer in respect of such Prepayment Charge and remitted by the Master Servicer, for the benefit of the Holders of the Class P Certificates, in respect of such Prepayment Charge, into the Custodial Account). The foregoing shall not, however, limit any remedies available to the Certificateholders, the Depositor, the Certificate Insurer or the Trustee on behalf of the Certificateholders, pursuant to the Mortgage Loan Purchase Agreement respecting a breach of any of the representations, warranties and covenants contained in the Mortgage Loan Purchase Agreement.

(b) The Depositor hereby represents and warrants to the Master Servicer and the Trustee for the benefit of Certificateholders and the Certificate Insurer that as of the Closing Date, the representations and warranties of the Sponsor with respect to the Mortgage Loans and the remedies therefor that are contained in the Mortgage Loan Purchase Agreement are as set forth in Exhibit I hereto.

It is understood and agreed that the representations and warranties set forth in this Section 2.03(b) shall survive delivery of the respective Mortgage Files to the Trustee.

Upon discovery by either the Depositor, the Master Servicer, the Certificate Insurer or the Trustee of a breach of any representation or warranty set forth in this Section 2.03 which materially and adversely affects the interests of the Certificateholders or the Certificate Insurer in any Mortgage Loan, the party discovering such breach shall give prompt written notice to the other parties.

Section 2.04. Representations and Warranties of the Sponsor.

The Depositor hereby assigns to the Trustee for the benefit of Certificateholders and the Certificate Insurer all of its rights (but none of its obligations) in, to and under the Mortgage Loan Purchase Agreement. Insofar as the Mortgage Loan Purchase Agreement relates to such representations and warranties and any remedies provided thereunder for any breach of such representations and warranties, such right, title and interest may be enforced by the Trustee on behalf of the Certificateholders. Upon the discovery by the Depositor, the Master Servicer, the Certificate Insurer or the Trustee of a breach of any of the representations and warranties made in the Mortgage Loan Purchase Agreement in respect of any Mortgage Loan which materially and adversely affects the interests of the Certificateholders or the Certificate Insurer in such Mortgage Loan, the party discovering such breach shall give prompt written notice to the other parties. The Trustee shall promptly notify the Sponsor of such breach and request that the Sponsor shall, within 90 days from the date that the Sponsor was notified or otherwise obtained knowledge of such breach, either (i) cure such breach in all material respects or (ii) purchase such Mortgage Loan from the Trust Fund at the Purchase Price and in the manner set forth in Section 2.02; provided that if such breach would cause the Mortgage Loan to be other than a “qualified mortgage” as defined in Section 860G(a)(3) of the Code, any such cure or repurchase must occur within 90 days from the date such breach was discovered. However, in the case of a breach under the Mortgage Loan Purchase Agreement, subject to the approval of the Depositor the Sponsor shall have the option to substitute a Qualified Substitute Mortgage Loan or Loans for such Mortgage Loan if such substitution occurs within two years following the Closing Date, except that if the breach would cause the Mortgage Loan to be other than a “qualified mortgage” as defined in Section 860G(a)(3) of the Code, any such substitution must occur within 90 days from the date the breach was discovered if such 90 day period expires before two years following the Closing Date. In the event that the Sponsor elects to substitute a Qualified Substitute Mortgage Loan or Loans for a Deleted Mortgage Loan pursuant to this Section 2.04, the Trustee shall enforce the obligation of the Sponsor under the Mortgage Loan Purchase Agreement to deliver to the Trustee and the Master Servicer, as appropriate, with respect to such Qualified Substitute Mortgage Loan or Loans, the original Mortgage Note, the Mortgage, an Assignment of the Mortgage in recordable form, and such other documents and agreements as are required by Section 2.01, with the Mortgage Note endorsed as required by Section 2.01. No substitution will be made in any calendar month after the Determination Date for such month. Monthly Payments due with respect to Qualified Substitute Mortgage Loans in the month of substitution, to the extent received by the Master Servicer or any Sub-Servicer, shall not be part of the Trust Fund and will be retained by the Master Servicer and remitted by the Master Servicer to the Sponsor on the next succeeding Distribution Date. For the month of substitution, distributions to Certificateholders will include the Monthly Payment due on a Deleted Mortgage Loan for such month and thereafter the Sponsor shall be entitled to retain all amounts received in respect of such Deleted Mortgage Loan. The Depositor shall amend or cause to be amended the Mortgage Loan Schedule for the benefit of the Certificateholders and the Certificate Insurer to reflect the removal of such Deleted Mortgage Loan and the substitution of the Qualified Substitute Mortgage Loan or Loans and the Depositor shall deliver the amended Mortgage Loan Schedule to the Trustee. Upon such substitution, the Qualified Substitute Mortgage Loan or Loans shall be subject to the terms of this Agreement in all respects, the Sponsor shall be deemed to have made the representations and warranties with respect to the Qualified Substitute Mortgage Loan contained in the Mortgage Loan Purchase Agreement as of the date of substitution, and the Depositor shall be deemed to have made with respect to any Qualified Substitute Mortgage Loan or Loans, as of the date of substitution, the non-statistical representations and warranties set forth in Exhibit I hereof.

In connection with the substitution of one or more Qualified Substitute Mortgage Loans for one or more Deleted Mortgage Loans, the Master Servicer will determine the amount (the “Substitution Adjustment”), if any, by which the aggregate principal balance of all such Qualified Substitute Mortgage Loans as of the date of substitution is less than the aggregate Stated Principal Balance of all such Deleted Mortgage Loans (in each case after application of the principal portion of the Monthly Payments due in the month of substitution that are to be distributed to Certificateholders in the month of substitution). The Trustee shall enforce the obligation of the Sponsor under the Mortgage Loan Purchase Agreement to provide the Master Servicer on the day of substitution for immediate deposit into the Custodial Account the amount of such shortfall, without any reimbursement therefor. In accordance with the Mortgage Loan Purchase Agreement, the Sponsor shall give notice in writing to the Trustee of such event, which notice shall be accompanied by an Officers’ Certificate as to the calculation of such shortfall and by an Opinion of Counsel to the effect that such substitution will not cause (a) any federal tax to be imposed on REMIC 1, REMIC 2 or REMIC 3, including without limitation, any federal tax imposed on “prohibited transactions” under Section 860F(a)(1) of the Code or on “contributions after the startup date” under Section 860G(d)(1) of the Code or (b) any of REMIC 1, REMIC 2 or REMIC 3 to fail to qualify as a REMIC at any time that any Certificate is outstanding. The costs of any substitution as described above, including any related assignments, opinions or other documentation in connection therewith shall be borne by the Sponsor.

Except as expressly set forth herein none of the Trustee or the Master Servicer is under any obligation to discover any breach of the above-mentioned representations and warranties. It is understood and agreed that the obligation of the Sponsor to cure such breach, purchase or to substitute for such Mortgage Loan as to which such a breach has occurred and is continuing shall constitute the sole remedy respecting such breach available to Certificateholders or the Trustee on behalf of Certificateholders.

Section 2.05. Issuance of Certificates; Conveyance of REMIC Regular Interests and Acceptance of REMIC 2 and REMIC 3 by the Trustee.

(a) The Trustee acknowledges the assignment to it of the Mortgage Loans and the delivery to it of the Mortgage Files, subject to the provisions of Sections 2.01 and 2.02, together with the assignment to it of all other assets included in the Trust Fund, receipt of which is hereby acknowledged. Concurrently with such assignment and delivery and in exchange therefor, the Trustee, pursuant to the written request of the Depositor executed by an officer of the Depositor, has executed, authenticated and delivered to or upon the order of the Depositor, the Certificates in authorized denominations. The interests evidenced by the Certificates, constitute the entire beneficial ownership interest in the Trust Fund.

(b) The Depositor, concurrently with the execution and delivery hereof, does hereby transfer, assign, set over and otherwise convey in trust to the Trustee without recourse all the right, title and interest of the Depositor in and to the REMIC 1 Regular Interests for the benefit of the holders of the REMIC 2 Regular Interests and Holders of the Class R Certificates (in respect of the Class R-2 Interest). The Trustee acknowledges receipt of the REMIC 1 Regular Interests (which are uncertificated) and declares that it holds and will hold the same in trust for the exclusive use and benefit of the holders of the REMIC 2 Regular Interests and Holders of the Class R Certificates (in respect of the Class R-2 Interest). The interests evidenced by the Class R-2 Interest, together with the REMIC 2 Regular Interests, constitute the entire beneficial ownership interest in REMIC 2.

(c) The Depositor, concurrently with the execution and delivery hereof, does hereby transfer, assign, set over and otherwise convey in trust to the Trustee without recourse all the right, title and interest of the Depositor in and to the REMIC 2 Regular Interests for the benefit of the holders of the REMIC 3 Regular Interests and Holders of the Class R Certificates (in respect of the Class R-3 Interest). The Trustee acknowledges receipt of the REMIC 2 Regular Interests (which are uncertificated) and declares that it holds and will hold the same in trust for the exclusive use and benefit of the holders of the REMIC 3 Regular Interests and Holders of the Class R Certificates (in respect of the Class R-3 Interest). The interests evidenced by the Class R-3 Interest, together with the REMIC 3 Regular Interests, constitute the entire beneficial ownership interest in REMIC 3.

(d) In exchange for the REMIC 2 Regular Interests and, concurrently with the assignment to the Trustee thereof, pursuant to the written request of the Depositor executed by an officer of the Depositor, the Trustee has executed, authenticated and delivered to or upon the order of the Depositor, the Regular Certificates in authorized denominations evidencing (together with the Class R-3 Interest and the Class IO Interest) the entire beneficial ownership interest in REMIC 3.

(e) Concurrently with (i) the assignment and delivery to the Trustee of REMIC 1 (including the Residual Interest therein represented by the Class R-1 Interest) and the acceptance by the Trustee thereof, (ii) the assignment and delivery to the Trustee of REMIC 2 (including the Residual Interest therein represented by the Class R-2 Interest), and (iii) the assignment and delivery to the Trustee of REMIC 3 (including the Residual Interest therein represented by the Class R-3 Interest), and the acceptance by the Trustee thereof, the Trustee, from and pursuant to the written request of the Depositor executed by an officer of the Depositor, has executed, authenticated and delivered to or upon the order of the Depositor, the Class R Certificates in authorized denominations evidencing the Class R-1 Interest, Class R-2 Interest and Class R-3 Interest.

Section 2.06. Purposes and Powers of the Trust.

The purpose of the common law trust, as created hereunder, is to engage in the following activities:

(a) acquire and hold the Mortgage Loans and the other assets of the Trust Fund and the proceeds therefrom;

(b) to issue the Certificates sold to the Depositor in exchange for the Mortgage Loans;

(d) to engage in those activities that are necessary, suitable or convenient to accomplish the foregoing or are incidental thereto or connected therewith; and

(e) subject to compliance with this Agreement, to engage in such other activities as may be required in connection with conservation of the Trust Fund and the making of distributions to the Certificateholders.

The trust is hereby authorized to engage in the foregoing activities. The Trustee shall not knowingly and explicitly cause the trust to engage in any activity other than in connection with the foregoing or other than as required or authorized by the terms of this Agreement while any Certificate is outstanding, and this Section 2.06 may not be amended, without the consent of the Certificateholders evidencing 51% or more of the aggregate voting rights of the Certificates and the Certificate Insurer.

Section 2.07. Conveyance of Subsequent Mortgage Loans.

(a) Subject to the conditions set forth in paragraph (b) below, in consideration of the Trustee’s delivery on the Subsequent Transfer Dates to or upon the order of the Depositor of all or a portion of the balance of funds in the Pre-Funding Account, the Depositor shall on any Subsequent Transfer Date sell, transfer, assign, set over and convey without recourse to the Trustee for the benefit of the Trust Fund but subject to the other terms and provisions of this Agreement all of the right, title and interest of the Depositor in and to (i) the Subsequent Mortgage Loans identified on the Mortgage Loan Schedule attached to the related Subsequent Transfer Instrument delivered by the Depositor on such Subsequent Transfer Date, (ii) principal due and interest accruing on the Subsequent Mortgage Loans after the related Subsequent Cut-off Date and (iii) all items with respect to such Subsequent Mortgage Loans to be delivered pursuant to Section 2.01 and the other items in the related Mortgage Files; provided, however, that the Depositor reserves and retains all right, title and interest in and to principal due and interest accruing on the Subsequent Mortgage Loans prior to the related Subsequent Cut-off Date. The transfer and delivery to the Trustee for deposit in the Mortgage Pool by the Depositor of the Subsequent Mortgage Loans identified on the Mortgage Loan Schedule attached to the related Subsequent Transfer Agreement shall be absolute and is intended by the Depositor, the Master Servicer, the Trustee and the Certificateholders to constitute and to be treated as a sale of the Subsequent Mortgage Loans by the Depositor to the Trust Fund. The related Mortgage File for each Subsequent Mortgage Loan shall be delivered to the Trustee at least three Business Days prior to the related Subsequent Transfer Date.

The purchase price paid by the Trustee from amounts released from the Pre-Funding Account shall be one-hundred percent (100%) of the aggregate Stated Principal Balance of the Subsequent Mortgage Loans so transferred (as identified on the Mortgage Loan Schedule provided by the Depositor). This Agreement shall constitute a fixed-price purchase contract in accordance with Section 860G(a)(3)(A)(ii) of the Code.

(b) The Depositor shall transfer and deliver to the Trustee for deposit in the Trust the Subsequent Mortgage Loans and the other property and rights related thereto as described in paragraph (a) above, and the Trustee shall release funds from the Pre-Funding Account only upon the satisfaction of each of the following conditions on or prior to the related Subsequent Transfer Date:

(i) the Depositor shall have provided the Trustee with a timely Addition Notice;

(ii) the Depositor shall have delivered to the Trustee a duly executed Subsequent Transfer Instrument, which shall include a Mortgage Loan Schedule listing the Subsequent Mortgage Loans, and the Master Servicer, in its capacity as Sponsor, shall have delivered a computer file containing such Mortgage Loan Schedule to the Trustee and each Rating Agency at least three Business Days prior to the related Subsequent Transfer Date;

(iii) as of each Subsequent Transfer Date, as evidenced by delivery of the Subsequent Transfer Instrument, substantially in the form of Exhibit S, the Depostior shall not be insolvent nor shall it have been rendered insolvent by such transfer nor shall it be aware of any pending insolvency;

(iv) such sale and transfer shall not result in a material adverse tax consequence to the Trust Fund or the Certificateholders;

(v) the Funding Period shall not have terminated;

(vi) the Depositor shall not have selected the Subsequent Mortgage Loans in a manner that it believed to be adverse to the interests of the Certificateholders or the Certificate Insurer;

(vii) the Depositor shall have delivered to the Trustee a Subsequent Transfer Instrument confirming the satisfaction of the conditions specified in this Section 2.07 and, pursuant to the Subsequent Transfer Instrument, assigned to the Trustee without recourse for the benefit of the Certificateholders and the Certificate Insurer all the right, title and interest of the Depositor, in, to and under the Subsequent Mortgage Loan Purchase Agreement, to the extent of the Subsequent Mortgage Loans; and

(viii) the Depositor shall have delivered to the Trustee, the Certificate Insurer and the Underwriters an Opinion of Counsel addressed to the Trustee and the Rating Agencies with respect to the transfer of the Subsequent Mortgage Loans substantially in the form of the Opinion of Counsel delivered to the Trustee on the Closing Date regarding the true sale of the Mortgage Loans.

(c) The obligation of the Trust Fund to purchase a Subsequent Mortgage Loan on any Subsequent Transfer Date is subject to the satisfaction of the conditions set forth in paragraph (d) below and the accuracy of the following representations and warranties with respect to such Subsequent Mortgage Loan determined as of the related Subsequent Cut-off Date:

(i) the Subsequent Mortgage Loan may not be 30 or more days Delinquent as of the related Subsequent Cut-off Date; provided, however that the Subsequent Mortgage Loans may have a first payment date occurring on or after the Subsequent Cut-off Date and, therefore, such Subsequent Mortgage Loans could not have been delinquent as of the Subsequent Cut-off Date;

(ii) the original term to stated maturity of the Subsequent Mortgage Loan will be 360 months from its first payment date;

(iii) the Subsequent Mortgage Loan must be an adjustable-rate, residential mortgage loan with a first lien on the related Mortgaged Property;

(iv) the Subsequent Mortgage Loan must have a first payment date occurring prior to September 2, 2007;

(v) the Subsequent Mortgage Loan must have a maturity date no later than August 1, 2037;

(vi) no Subsequent Mortgage Loan will be a buy-down loan or a New York State “high cost loan”;

(vii) the Subsequent Mortgage Loan must have a credit score of not less than 600;

(viii) the Subsequent Mortgage Loan must have a Mortgage Rate as of the applicable Subsequent Cut-off Date ranging from 5.000% per annum to 15.000% per annum; and

(ix) the Subsequent Mortgage Loan will have been underwritten in accordance with the criteria set forth under “The Mortgage Pool—Underwriting Standards” in the Prospectus Supplement.

(d) As of the related Subsequent Cut-off Date, each group of Subsequent Mortgage Loans will satisfy the following criteria: (i) have a weighted average Mortgage Rate ranging from 6.500% to 8.000% per annum; (ii) consist of Mortgage Loans with prepayment charges representing no less than approximately 50.00% of such Subsequent Mortgage Loans; (iii) have a weighted average credit score ranging from 680 to 720; (iv) have no more than 60.00% and 40.00% of such Mortgage Loans concentrated in the state of California and Florida, respectively; (v) have no less than 65.00% of the Mortgaged Properties securing Mortgage Loans be owner occupied; (vi) have no less than 65.00% of the Mortgaged Properties securing Mortgage Loans be single family detached and de minimis planned unit developments; (vii) have no more than 40.00% of the Mortgage Loans be cash-out refinance; (viii) have any of such group of Subsequent Mortgage Loans with a Loan-to-Value Ratio greater than 80% be covered by a Primary Insurance Policy or the Radian Lender-Paid PMI Policy; (ix) have no more than 78.00% of the Mortgage Loans be Mortgage Loans with an interest only period; and (x) together with the Mortgage Loans already included in the Trust, have no more than 5.00% of such Mortgage Loans (by aggregate Stated Principal Balance as of the Subsequent Cut-off Date) secured by Mortgaged Properties located in any one zip code.

(e) Notwithstanding the foregoing, any Subsequent Mortgage Loan may be rejected by any Rating Agency if the inclusion of any such Subsequent Mortgage Loan would adversely affect the ratings of any class of Certificates without, in the case of the Class AM Certificates, taking the Policy into account. In addition, minor variances from the characteristics stated in clauses (c) and (d) above will be permitted with the consent of the Rating Agencies and the Certificate Insurer so long as there are compensating factors. At least one Business Day prior to the related Subsequent Transfer Date, the Depositor shall obtain confirmation from each Rating Agency which Subsequent Mortgage Loans, if any, shall not be included in the transfer on the related Subsequent Transfer Date and deliver such confirmation to the Trustee and the Master Servicer; provided, however, that the Master Servicer, in its capacity as Sponsor, shall have delivered to each Rating Agency at least three Business Days prior to such Subsequent Transfer Date a computer file reasonably acceptable to each Rating Agency describing the characteristics specified in paragraphs (c) and (d) above.

ARTICLE III

ADMINISTRATION AND SERVICING

OF THE MORTGAGE LOANS

Section 3.01. Master Servicer to Act as Master Servicer.

The Master Servicer shall supervise, or take such actions as are necessary to ensure, the servicing and administration of the Mortgage Loans and any REO Property in accordance with this Agreement and its normal servicing practices, which generally shall conform to the standards (i) of the Servicing Guide, if Impac Funding Corporation is Master Servicer, or (ii) if Impac Funding Corporation is not the Master Servicer, of an institution prudently servicing mortgage loans for its own account and shall have full authority to do anything it reasonably deems appropriate or desirable in connection with such servicing and administration. To the extent consistent with the foregoing, the Master Servicer shall waive (or permit a Sub-Servicer to waive) a Prepayment Charge only if such waiver would maximize recovery of total proceeds taking into account the value of such Prepayment Charge and related Mortgage Loan and doing so is standard and customary in servicing mortgage loans similar to the Mortgage Loans (including any waiver of a Prepayment Charge in connection with a refinancing of a Mortgage Loan that is related to a default or a reasonably foreseeable default), and in no event will it waive a Prepayment Charge in connection with a refinancing of a Mortgage Loan that is not related to a default or a reasonably foreseeable default.

The Master Servicer may perform its responsibilities relating to servicing through other agents or independent contractors, but shall not thereby be released from any of its responsibilities as hereinafter set forth. The authority of the Master Servicer, in its capacity as master servicer, and any Sub-Servicer acting on its behalf, shall include, without limitation, the power to (i) consult with and advise any Sub-Servicer regarding administration of a related Mortgage Loan, (ii) approve any recommendation by a Sub-Servicer to foreclose on a related Mortgage Loan, (iii) supervise the filing and collection of insurance claims and take or cause to be taken such actions on behalf of the insured Person thereunder as shall be reasonably necessary to prevent the denial of coverage thereunder, and (iv) effectuate foreclosure or other conversion of the ownership of the Mortgaged Property securing a related Mortgage Loan, including the employment of attorneys, the institution of legal proceedings, the collection of deficiency judgments, the acceptance of compromise proposals, the filing of claims under any Insurance Policy and any other matter pertaining to a Delinquent Mortgage Loan. The authority of the Master Servicer shall include, in addition, the power on behalf of the Certificateholders, the Trustee or any of them to (i) execute and deliver customary consents or waivers and other instruments and documents, (ii) consent to transfer of any related Mortgaged Property and assumptions of the related Mortgage Notes and Security Instruments (in the manner provided in this Agreement) and (iii) collect any Insurance Proceeds and Liquidation Proceeds. If permitted under applicable law without prejudicing any rights of the Trust Fund with respect to any Mortgage Loan, the Master Servicer, with such documentation as local law requires, acting in its own name, may pursue claims on behalf of the Trust Fund. Without limiting the generality of the foregoing, the Master Servicer and any Sub-Servicer acting on its behalf may, and is hereby authorized, and empowered by the Trustee to, execute and deliver, on behalf of itself, the Certificateholders or the Trustee or any of them, any instruments of satisfaction, cancellation, partial or full release, discharge and all other comparable instruments, with respect to the Mortgage Loans, the Insurance Policies and the accounts related thereto, and the Mortgaged Properties. The Master Servicer may exercise this power in its own name or in the name of a Sub-Servicer.

Subject to Section 3.16, the Trustee shall execute, at the written request of the Master Servicer, and furnish to the Master Servicer and any Sub-Servicer such documents as are necessary or appropriate to enable the Master Servicer or any Sub-Servicer to carry out their servicing and administrative duties hereunder, and the Trustee hereby grants to the Master Servicer a power of attorney to carry out such duties. The Trustee shall not be liable for the actions of the Master Servicer or any Sub-Servicers under such powers of attorney.

In accordance with the standards of the preceding paragraph, the Master Servicer shall advance or cause to be advanced funds as necessary for the purpose of effecting the payment of taxes and assessments on the Mortgaged Properties, which advances shall be reimbursable from related collections from the Mortgagors pursuant to Section 3.09, and further as provided in Section 3.11; provided that the Master Servicer shall not be obligated to make such advance if, in its reasonable good faith judgment, the Master Servicer determines that such advance is a Nonrecoverable Advance.

The Master Servicer is authorized and empowered by the Trustee, on behalf of the Certificateholders and the Trustee, in its own name or in the name of any Sub-Servicer, when the Master Servicer or such Sub-Servicer, as the case may be, believes it is appropriate in its best judgment to register any Mortgage Loan on the MERS® System, or cause the removal from the registration of any Mortgage Loan on the MERS® System, to execute and deliver, on behalf of the Trustee and the Certificateholders or any of them, any and all instruments of assignment and other comparable instruments with respect to such assignment or re-recording of a Mortgage in the name of MERS, solely as nominee for the Trustee and its successors and assigns. Any expenses incurred in connection with the actions described in the preceding sentence shall be borne by the Master Servicer in accordance with Section 3.17, with no right of reimbursement; provided, that if, as a result of MERS discontinuing or becoming unable to continue operations in connection with the MERS System, it becomes necessary to remove any Mortgage Loan from registration on the MERS System and to arrange for the assignment of the related Mortgages to the Trustee, then any related expenses shall be reimbursable to the Master Servicer from the Trust Fund.

Notwithstanding anything in this Agreement to the contrary, the Master Servicer shall not (unless the Mortgagor is in default with respect to the Mortgage Loan or such default is, in the judgment of the Master Servicer, reasonably foreseeable) make or permit any modification, waiver or amendment of any term of any Mortgage Loan that would (i) effect an exchange or reissuance of such Mortgage Loan under Section 1001 of the Code (or Treasury regulations promulgated thereunder) or (ii) cause any of REMIC 1, REMIC 2 or REMIC 3 to fail to qualify as a REMIC under the Code or become subject to the imposition of any tax on “prohibited transactions” or “contributions” after the startup date under the REMIC Provisions.

The relationship of the Master Servicer (and of any successor to the Master Servicer under this Agreement) to the Trustee under this Agreement is intended by the parties to be that of an independent contractor and not that of a joint venturer, partner or agent.

Section 3.02. Sub-Servicing Agreements Between Master Servicer and Sub-Servicers.

(a) The Master Servicer may enter into Sub-Servicing Agreements with Sub-Servicers for the servicing and administration of the Mortgage Loans and for the performance of any and all other activities of the Master Servicer hereunder; provided, however, that such agreements would not result in a withdrawal or a downgrading by Standard & Poor's of its rating on any Class of Certificates. Each Sub-Servicer shall be either (i) an institution, the accounts of which are insured by the FDIC or (ii) another entity that engages in the business of originating or servicing mortgage loans comparable to the Mortgage Loans, and in either case shall be a Xxxxxxx Mac or Xxxxxx Mae approved mortgage servicer and shall be authorized to transact business in the state or states in which the related Mortgaged Properties it is to service are situated, if and to the extent required by applicable law to enable the Sub-Servicer to perform its obligations hereunder and under the Sub-Servicing Agreement. Any Sub-Servicing Agreement entered into by the Master Servicer shall include the provision that such Agreement may be immediately terminated (x) with cause and without any termination fee by any Master Servicer hereunder or (y) without cause in which case the Master Servicer shall be responsible for any termination fee or penalty resulting therefrom. In addition, each Sub-Servicing Agreement shall provide for servicing of the Mortgage Loans consistent with the terms of this Agreement. The Master Servicer and the Sub-Servicers may enter into Sub-Servicing Agreements and make amendments to the Sub-Servicing Agreements or enter into different forms of Sub-Servicing Agreements providing for, among other things, the delegation by the Master Servicer to a Sub-Servicer of additional duties regarding the administration of the Mortgage Loans; provided, however, that any such amendments or different forms shall be consistent with and not violate the provisions of this Agreement, and that no such amendment or different form shall be made or entered into which could be reasonably expected to be materially adverse to the interests of the Certificate Insurer or Certificateholders, without the consent of the Certificate Insurer or the Holders of Certificates entitled to at least 51% of the Voting Rights. The parties hereto acknowledge that the initial Sub-Servicer shall be Countrywide.

The Master Servicer has entered into a separate Sub-Servicing Agreement with Countrywide for the servicing and administration of certain of the Mortgage Loans and may enter into additional Sub-Servicing Agreements with other Sub-Servicers for the servicing and administration of certain of the Mortgage Loans.

(b) As part of its servicing activities hereunder, the Master Servicer, for the benefit of the Trustee, the Certificate Insurer and the Certificateholders, shall enforce the obligations of each Sub-Servicer under the related Sub-Servicing Agreement. The Certificate Insurer may direct the Master Servicer to enforce any remedies against a defaulting Sub-Servicer. Such enforcement, including, without limitation, the legal prosecution of claims, termination of Sub-Servicing Agreements and the pursuit of other appropriate remedies, shall be in such form and carried out to such an extent and at such time as the Master Servicer, in its good faith business judgment, would require were it the owner of the Mortgage Loans. The Master Servicer shall pay the costs of such enforcement at its own expense, but shall be reimbursed therefor only (i) from a general recovery resulting from such enforcement only to the extent, if any, that such recovery exceeds all amounts due in respect of the Mortgage Loan or (ii) from a specific recovery of costs, expenses or attorneys' fees against the party against whom such enforcement is directed.

(d) The Master Servicer represents that it will cause any Sub-Servicer to accurately and fully report its borrower credit files to all three credit repositories in a timely manner.

Section 3.03. Successor Sub-Servicers.

The Master Servicer shall be entitled to terminate any Sub-Servicing Agreement and the rights and obligations of any Sub-Servicer pursuant to any Sub-Servicing Agreement in accordance with the terms and conditions of such Sub-Servicing Agreement. In the event of termination of any Sub-Servicer, all servicing obligations of such Sub-Servicer shall be assumed simultaneously by the Master Servicer without any act or deed on the part of such Sub-Servicer or the Master Servicer, and the Master Servicer either shall directly service the Mortgage Loans or shall enter into a Sub-Servicing Agreement with a successor Sub-Servicer which qualifies under Section 3.02.

Section 3.04. Liability of the Master Servicer.

Notwithstanding any Sub-Servicing Agreement, any of the provisions of this Agreement relating to agreements or arrangements between the Master Servicer and a Sub-Servicer or reference to actions taken through a Sub-Servicer or otherwise, the Master Servicer shall under all circumstances remain obligated and primarily liable to the Trustee, the Certificate Insurer and Certificateholders for the servicing and administering of the Mortgage Loans and any REO Property in accordance with the provisions of Article III without diminution of such obligation or liability by virtue of such Sub-Servicing Agreements or arrangements or by virtue of indemnification from the Sub-Servicer and to the same extent and under the same terms and conditions as if the Master Servicer alone were servicing and administering the Mortgage Loans. For purposes of this Agreement, the Master Servicer shall be deemed to have received payments on Mortgage Loans when the Sub-Servicer has received such payments. The Master Servicer shall be entitled to enter into any agreement with a Sub-Servicer for indemnification of the Master Servicer by such Sub-Servicer and nothing contained in this Agreement shall be deemed to limit or modify such indemnification.

Section 3.05. No Contractual Relationship Between Sub-Servicers and Trustee or Certificateholders.

Any Sub-Servicing Agreement that may be entered into and any transactions or services relating to the Mortgage Loans involving a Sub-Servicer in its capacity as such and not as an originator shall be deemed to be between the Sub-Servicer and the Master Servicer alone, and the Trustee and Certificateholders shall not be deemed parties thereto and shall have no claims, rights, obligations, duties or liabilities with respect to the Sub-Servicer except as set forth in Section 3.06, 3.17 and 4.03. The Master Servicer (or Sub-Servicers) shall be liable for the payment of any franchise taxes which may be assessed by the California Franchise Tax Board in connection with the activities of the Trust under this Agreement.

Section 3.06. Assumption or Termination of Sub-Servicing Agreements by Trustee.

(a) If the Trustee or its designee shall assume the master servicing obligations of the Master Servicer in accordance with Section 7.02 below, the Trustee, to the extent necessary to permit the Trustee to carry out the provisions of Section 7.02 with respect to the Mortgage Loans, shall succeed to all of the rights and obligations of the Master Servicer under each of the Sub-Servicing Agreements. In such event, the Trustee or its designee as the successor master servicer shall be deemed to have assumed all of the Master Servicer's rights and obligations therein and to have replaced the Master Servicer as a party to such Sub-Servicing Agreements to the same extent as if such Sub-Servicing Agreements had been assigned to the Trustee or its designee as a successor master servicer, except that the Trustee or its designee as a successor master servicer shall not be deemed to have assumed any obligations or liabilities of the Master Servicer arising prior to such assumption (other than the obligation to make any Advances hereunder) and the Master Servicer shall not thereby be relieved of any liability or obligations under such Sub-Servicing Agreements arising prior to such assumption. Nothing in the foregoing shall be deemed to entitle the Trustee or its designee as a successor master servicer at any time to receive any portion of the servicing compensation provided under Section 3.17 except for such portion as the Master Servicer would be entitled to receive.

(b) In the event that the Trustee or its designee as successor master servicer for the Trustee assumes the servicing obligations of the Master Servicer under Section 7.02, upon the reasonable request of the Trustee or such designee as successor master servicer the Master Servicer shall at its own expense deliver to the Trustee, or at its written request to such designee, photocopies of all documents, files and records, electronic or otherwise, relating to the Sub-Servicing Agreements and the related Mortgage Loans or REO Property then being serviced and an accounting of amounts collected and held by it, if any, and will otherwise cooperate and use its reasonable efforts to effect the orderly and efficient transfer of the Sub-Servicing Agreements, or responsibilities hereunder to the Trustee, or at its written request to such designee as successor master servicer.

Section 3.07. Collection of Certain Mortgage Loan Payments.

(a) The Master Servicer will coordinate and monitor remittances by Sub-Servicers to the Master Servicer with respect to the Mortgage Loans in accordance with this Agreement.

(b) The Master Servicer shall make reasonable efforts to collect or cause to be collected all payments required under the terms and provisions of the Mortgage Loans and shall follow, and use reasonable efforts to cause each Sub-Servicer to follow, collection procedures comparable to the collection procedures of prudent mortgage lenders servicing mortgage loans for their own account to the extent such procedures shall be consistent with this Agreement. Consistent with the foregoing, the Master Servicer may in its discretion (i) waive or permit to be waived any late payment charge, assumption fee, or any penalty interest in connection with the prepayment of a Mortgage Loan and (ii) suspend or reduce, or permit to be suspended or reduced, regular monthly payments for a period of up to six months, or arrange or permit an arrangement with a Mortgagor for a scheduled liquidation of delinquencies. In the event the Master Servicer shall consent to the deferment of the due dates for payments due on a Mortgage Note, the Master Servicer shall nonetheless make an Advance or shall cause the related Sub-Servicer to make an Advance to the same extent as if such installment were due, owing and delinquent and had not been deferred through liquidation of the Mortgaged Property; provided, however, that the obligation of the Master Servicer or related Sub-Servicer to make an Advance shall apply only to the extent that such Advances are not Nonrecoverable Advances.

(c) On each Determination Date, with respect to each Mortgage Loan for which during the related Prepayment Period the Master Servicer has determined that all amounts which it expects to recover from or on account of each such Mortgage Loan have been recovered and that no further Liquidation Proceeds will be received in connection therewith, the Master Servicer shall provide to the Trustee a certificate of a Servicing Officer that such Mortgage Loan has become a Liquidated Mortgage Loan in a Cash Liquidation or REO Disposition.

The Master Servicer shall make reasonable efforts to collect all payments called for under the terms and provisions of the Mortgage Loans, and shall, to the extent such procedures shall be consistent with this Agreement and the terms and provisions of any related Insurance Policy, follow such collection procedures as it would follow with respect to mortgage loans comparable to the Mortgage Loans and held for its own account. The Master Servicer shall not be required to institute or join in litigation with respect to collection of any payment (whether under a Mortgage, Mortgage Note, Primary Hazard Insurance Policy or otherwise or against any public or governmental authority with respect to a taking or condemnation) if it reasonably believes that it is prohibited by applicable law from enforcing the provision of the Mortgage or other instrument pursuant to which such payment is required. The Master Servicer shall be responsible for preparing and distributing all information statements relating to payments on the Mortgage Loans, in accordance with all applicable federal and state tax laws and regulations.

Section 3.08. Sub-Servicing Accounts.

In those cases where a Sub-Servicer is servicing a Mortgage Loan pursuant to a Sub-Servicing Agreement, the Sub-Servicer will be required to establish and maintain one or more accounts (collectively, the “Sub-Servicing Account”). The Sub-Servicing Account shall be an Eligible Account and shall otherwise be acceptable to the Master Servicer. All amounts held in a Sub-Servicing Account shall be held in trust for the Trustee for the benefit of the Certificateholders and the Certificate Insurer. Any investment of funds held in such an account shall be in Permitted Investments maturing not later than the Business Day immediately preceding the next Sub-Servicer Remittance Date. The Sub-Servicer will be required to deposit into the Sub-Servicing Account no later than two Business Days after receipt all proceeds of Mortgage Loans received by the Sub-Servicer, less its servicing compensation and any unreimbursed expenses and advances, to the extent permitted by the Sub-Servicing Agreement. On each Sub-Servicer Remittance Date the Sub-Servicer will be required to remit to the Master Servicer for deposit in the Custodial Account all funds held in the Sub-Servicing Account with respect to any Mortgage Loan as of the Sub-Servicer Remittance Date, after deducting from such remittance an amount equal to the servicing compensation (including interest on Permitted Investments) and unreimbursed expenses and advances to which it is then entitled pursuant to the related Sub-Servicing Agreement, to the extent not previously paid to or retained by it. In addition, on each Sub-Servicer Remittance Date the Sub-Servicer will be required to remit to the Master Servicer any amounts required to be advanced pursuant to the related Sub-Servicing Agreement. The Sub-Servicer will also be required to remit to the Master Servicer, within five Business Days of receipt, the proceeds of any Principal Prepayment made by the Mortgagor, and, on each Sub-Servicer Remittance Date, the amount of any Insurance Proceeds or Liquidation Proceeds received during the related Prepayment Period.

Section 3.09. Collection of Taxes, Assessments and Similar Items; Servicing Accounts.

The Master Servicer and the Sub-Servicers shall establish and maintain one or more accounts (the “Servicing Accounts”), and shall deposit and retain therein all collections from the Mortgagors (or related advances from Sub-Servicers) for the payment of taxes, assessments, Primary Hazard Insurance Policy premiums, and comparable items for the account of the Mortgagors, to the extent that the Master Servicer customarily escrows for such amounts. Withdrawals of amounts so collected from a Servicing Account may be made only to (i) effect payment of taxes, assessments, Primary Hazard Insurance Policy premiums and comparable items; (ii) reimburse the Master Servicer (or a Sub-Servicer to the extent provided in the related Sub-Servicing Agreement) out of related collections for any payments made pursuant to Sections 3.01 (with respect to taxes and assessments), and 3.13 (with respect to Primary Hazard Insurance Policies); (iii) refund to Mortgagors any sums as may be determined to be overages; (iv) payment of investment income to the extent provided in the mortgage loan documentation or (v) clear and terminate the Servicing Account at the termination of this Agreement pursuant to Section 9.01. As part of its servicing duties, the Master Servicer or Sub-Servicers shall, if and to the extent required by law, pay to the Mortgagors interest on funds in Servicing Accounts from its or their own funds, without any reimbursement therefor.

Section 3.10. Custodial Account.

(a) The Master Servicer shall establish and maintain one or more accounts (collectively, the “Custodial Account”) in which the Master Servicer shall deposit or cause to be deposited on a daily basis, or as and when received from and identified by the Sub-Servicers, the following payments and collections received or made by or on behalf of it subsequent to the Cut-off Date with respect to the the Initial Mortgage Loans, or the related Subsequent Cut-off Date with respect to the Subsequent Mortgage Loans, or payments received by it prior to the Cut-off Date but allocable to a period subsequent thereto (other than in respect of principal and interest on the Mortgage Loans due on or before the Cut-off Date):

(i) all payments (including advances by a Sub-Servicer) on account of principal, including Principal Prepayments, on the Mortgage Loans;

(ii) all payments (including advances by a Sub-Servicer) on account of interest on the Mortgage Loans, net of any portion thereof retained by the Master Servicer or any Sub-Servicer as Servicing Fees;

(iii) all Insurance Proceeds, other than proceeds that represent reimbursement of costs and expenses incurred by the Master Servicer or any Sub-Servicer in connection with presenting claims under the related Insurance Policies, Liquidation Proceeds and REO Proceeds;

(iv) all proceeds of any Mortgage Loan or REO Property repurchased or purchased in accordance with Sections 2.02, 2.04, 3.14, 3.27 or 9.01; and all amounts required to be deposited in connection with the substitution of a Qualified Substitute Mortgage Loan pursuant to Section 2.04; and

(v) any amounts required to be deposited pursuant to Sections 3.12, 3.13, 3.15 or 3.22.

The foregoing requirements for deposit in the Custodial Account shall be exclusive. In the event the Master Servicer shall deposit in the Custodial Account any amount not required to be deposited therein, it may withdraw such amount from the Custodial Account, any provision herein to the contrary notwithstanding. The Custodial Account shall be maintained as a segregated account, separate and apart from trust funds created for mortgage pass-through certificates of other series, and the other accounts of the Master Servicer.

(b) Funds in the Custodial Account may be invested in Permitted Investments in accordance with the provisions set forth in Section 3.12. The Master Servicer shall give notice to the Trustee and the Depositor of the location of the Custodial Account after any change thereof.

Section 3.11. Permitted Withdrawals From the Custodial Account.

The Master Servicer may, from time to time as provided herein, make withdrawals from the Custodial Account of amounts on deposit therein pursuant to Section 3.10 that are attributable to the Mortgage Loans for the following purposes:

(i) to make deposits into the Certificate Account in the amounts and in the manner provided for in Section 4.01;

(ii) to pay to itself, the Depositor, the Sponsor or any other appropriate person, as the case may be, with respect to each Mortgage Loan that has previously been purchased or repurchased pursuant to Sections 2.02, 2.04, 3.14, 3.27 or 9.01 all amounts received thereon and not yet distributed as of the date of purchase or repurchase;

(iii) to reimburse itself or any Sub-Servicer for Advances not previously reimbursed, the Master Servicer's or any Sub-Servicer's right to reimbursement pursuant to this clause (iii) being limited to amounts received which represent Late Collections (net of the related Servicing Fees) of Monthly Payments on Mortgage Loans with respect to which such Advances were made and as further provided in Section 3.15;

(iv) to reimburse or pay itself, the Trustee or the Depositor for expenses incurred by or reimbursable to the Master Servicer, the Trustee or the Depositor pursuant to Sections 3.22, 6.03, 8.05 or 10.01(g), except as otherwise provided in such Sections hereof;

(v) to reimburse itself or any Sub-Servicer for costs and expenses incurred by or reimbursable to it relating to the prosecution of any claims pursuant to Section 3.13 that are in excess of the amounts so recovered;

(vi) to reimburse itself or any Sub-Servicer for unpaid Master Servicing Fees, Sub-Servicing Fees and unreimbursed Servicing Advances, the Master Servicer's or any Sub-Servicer's right to reimbursement pursuant to this clause (vi) with respect to any Mortgage Loan being limited to late recoveries of the payments for which such advances were made pursuant to Section 3.01 or Section 3.09 and any other related Late Collections and as further provided in Section 3.15;

(vii) to pay itself as servicing compensation (in addition to the Master Servicing Fee and Sub-Servicing Fee), on or after each Distribution Date, any interest or investment income earned on funds deposited in the Custodial Account for the period ending on such Distribution Date;

(viii) to reimburse itself or any Sub-Servicer for any Advance or Servicing Advance previously made, after a Realized Loss has been allocated with respect to the related Mortgage Loan if the Advance or Servicing Advance was not reimbursed pursuant to clauses (iii) and (vi);

(ix) to pay PMI Insurer the premium under the PMI Insurer Policies;

(x) to clear and terminate the Custodial Account at the termination of this Agreement pursuant to Section 9.01; and

(xi) to reimburse itself or any Sub-Servicer from general collections for any Advance or Servicing Advance made that has been deemed by the Master Servicer to be a Nonrecoverable Advance.

The Master Servicer shall keep and maintain separate accounting records on a Mortgage Loan by Mortgage Loan basis, for the purpose of justifying any withdrawal from the Custodial Account pursuant to such subclauses (ii) through (x). Reconciliations will be prepared for the Custodial Account within 45 Calendar days after the bank statement cut-off date. All items requiring reconciliation will be resolved within 90 calendar days of their original identification.

Section 3.12. Permitted Investments.

Any institution maintaining the Custodial Account shall at the direction of the Master Servicer invest the funds in such account in Permitted Investments, each of which shall not be sold or disposed of prior to its maturity, nor mature later than (i) the Business Day immediately preceding the date on which such funds are required to be withdrawn from such account pursuant to this Agreement, if a Person other than the Trustee is the obligor thereon, or (ii) the date on which such funds are required to be withdrawn from such account pursuant to this Agreement, if the Trustee is the obligor thereon. All income and gain realized from any such investment as well as any interest earned on deposits in the Custodial Account shall be for the benefit of the Master Servicer. The Master Servicer shall deposit in the Custodial Account an amount equal to the amount of any loss incurred in respect of any such investment immediately upon realization of such loss without right of reimbursement.

The Trustee or its Affiliates are permitted to receive additional compensation that could be deemed to be in the Trustee’s economic self-interest for (i) serving as investment adviser, administrator, shareholder servicing agent, custodian or sub-custodian with respect to certain of the Permitted Investments, (ii) using Affiliates to effect transactions in certain Permitted Investments and (iii) effecting transactions in certain Permitted Investments.

Section 3.13. Maintenance of Primary Hazard Insurance.

The Master Servicer shall cause to be maintained for each Mortgage Loan primary hazard insurance by a Qualified Insurer or other insurer satisfactory to the Rating Agencies with extended coverage on the related Mortgaged Property in an amount equal to the lesser of (i) 100% of the replacement value of the improvements, as determined by the insurance company, on such Mortgaged Property and (ii) the unpaid principal balance of the Mortgage Loan. The Master Servicer shall also cause to be maintained on property acquired upon foreclosure, or deed in lieu of foreclosure, of any Mortgage Loan, fire insurance with extended coverage in an amount equal to the replacement value of the improvements thereon. Any costs incurred in maintaining any insurance described in this Section 3.13 (other than any deductible described in the last paragraph hereof) shall be recoverable as a Servicing Advance. The Master Servicer shall not be obligated to advance any amounts pursuant to this Section 3.13 if, in its good faith judgment, the Master Servicer determines that such advance would be a Nonrecoverable Advance. Pursuant to Section 3.10, any amounts collected by the Master Servicer under any such policies (other than amounts to be applied to the restoration or repair of the related Mortgaged Property or property thus acquired or amounts released to the Mortgagor in accordance with the Master Servicer’s normal servicing procedures) shall be deposited in the Custodial Account, subject to withdrawal pursuant to Section 3.11. Any cost incurred by the Master Servicer in maintaining any such insurance shall not, for the purpose of calculating monthly distributions to Certificateholders, be added to the amount owing under the Mortgage Loan, notwithstanding that the terms of the Mortgage Loan so permit. It is understood and agreed that no earthquake or other additional insurance is to be required of any Mortgagor or maintained on property acquired in respect of a Mortgage Loan other than pursuant to such applicable laws and regulations as shall at any time be in force and as shall require such additional insurance.

The Master Servicer shall, or shall cause the related Sub-Servicer to, exercise its best reasonable efforts to maintain and keep in full force and effect each Primary Insurance Policy by a Qualified Insurer, or other insurer satisfactory to the Rating Agencies, with respect to each first lien Mortgage Loan as to which as of the Cut-Off Date such a Primary Insurance Policy was in effect (or, in the case of a Qualified Substitute Mortgage Loan, the date of substitution) and the original principal amount of the related Mortgage Note exceeded 80% of the Collateral Value in an amount at least equal to the excess of such original principal amount over 75% of such Collateral Value until the principal amount of any such first lien Mortgage Loan is reduced below 80% of the Collateral Value or, based upon a new appraisal, the principal amount of such first lien Mortgage Loan represents less than 80% of the new appraised value. The Master Servicer shall, or shall cause the related Sub-Servicer to, effect the timely payment of the premium on each Primary Insurance Policy. The Master Servicer and the related Sub-Servicer shall have the power to substitute for any Primary Insurance Policy another substantially equivalent policy issued by another Qualified Insurer, provided, that, such substitution will not cause the ratings on the Certificates to be downgraded or withdrawn, as evidenced in writing from each Rating Agency.

The Master Servicer shall cooperate with the PMI Insurer and shall use its best efforts to furnish all reasonable aid, evidence and information in the possession of the Master Servicer or to which the Master Servicer has access with respect to any PMI Mortgage Loan.

In the event of a default by PMI Insurer under the PMI Insurer Policy (a “Replacement Event”), the Master Servicer shall use its best efforts to obtain a substitute lender-paid primary mortgage insurance policy (a “Substitute PMI Policy”), with the approval of the Certificate Insurer; provided, however, that the Master Servicer shall not be obligated, and shall have no liability for failing, to obtain a Substitute PMI Policy unless such Substitute PMI Policy can be obtained on the following terms and conditions: (i) the Certificates shall be rated no lower than the rating assigned by each Rating Agency to the Certificates immediately prior to such Replacement Event, as evidenced by a letter from each Rating Agency addressed to the Depositor, the Master Servicer and the Trustee, (ii) the timing and mechanism for drawing on such new Substitute PMI Policy shall be reasonably acceptable to the Master Servicer and the Trustee and (iii) the premiums under the proposed Substitute PMI Policy shall not exceed such premiums under the existing PMI Insurer Policy.

No earthquake or other additional insurance is to be required of any Mortgagor or maintained on property acquired with respect to a security instrument other than pursuant to such applicable laws and regulations as shall at any time be in force and shall require such additional insurance. When, at the time of origination of the Mortgage Loan or at any subsequent time, the Mortgaged Property is located in a federally designated special flood hazard area, the Master Servicer shall cause with respect to the Mortgage Loans and each REO Property flood insurance (to the extent available and in accordance with mortgage servicing industry practice) to be maintained. Such flood insurance shall cover the Mortgaged Property, including all items taken into account in arriving at the Collateral Value on which the Mortgage Loan was based, and shall be in an amount equal to the lesser of (i) the Stated Principal Balance of the related Mortgage Loan and (ii) the minimum amount required under the terms of coverage to compensate for any damage or loss on a replacement cost basis, but not more than the maximum amount of such insurance available for the related Mortgaged Property under either the regular or emergency programs of the National Flood Insurance Program (assuming that the area in which such Mortgaged Property is located is participating in such program). Unless applicable state law requires a higher deductible, the deductible on such flood insurance may not exceed $5,000 in the case of a one- to four-family residence and $25,000 in the case of a condominium, cooperative or PUD.

In the event that the Master Servicer shall obtain and maintain a blanket fire insurance policy with extended coverage insuring against hazard losses on all of the Mortgage Loans, it shall conclusively be deemed to have satisfied its obligations as set forth in the first two sentences of this Section 3.13, it being understood and agreed that such policy may contain a deductible clause, in which case the Master Servicer shall, in the event that there shall not have been maintained on the related Mortgaged Property a policy complying with the first two sentences of this Section 3.13 and there shall have been a loss which would have been covered by such policy, deposit in the Certificate Account from its own funds the amount not otherwise payable under the blanket policy because of such deductible clause. Any such deposit by the Master Servicer shall be made on the Certificate Account Deposit Date next preceding the Distribution Date which occurs in the month following the month in which payments under any such policy would have been deposited in the Custodial Account. Any such deposit shall not be deemed Servicing Advances and the Master Servicer shall not be entitled to reimbursement therefor. In connection with its activities as administrator and servicer of the Mortgage Loans, the Master Servicer agrees to present, on behalf of itself, the Trustee and Certificateholders, claims under any such blanket policy.

Section 3.14. Enforcement of Due-on-Sale Clauses; Assumption Agreements.

The Master Servicer will, to the extent it has knowledge of any conveyance or prospective conveyance by any Mortgagor of the Mortgaged Property (whether by absolute conveyance or by contract of sale, and whether or not the Mortgagor remains or is to remain liable under the Mortgage Note or the Mortgage), exercise or cause to be exercised its rights to accelerate the maturity of such Mortgage Loan under any “due-on-sale” clause applicable thereto; provided, however, that the Master Servicer shall not exercise any such rights if it reasonably believes that it is prohibited by law from doing so. The Master Servicer or the related Sub-Servicer may repurchase a Mortgage Loan at the Purchase Price when the Master Servicer requires acceleration of the Mortgage Loan, but only if the Master Servicer is satisfied, as evidenced by an Officer's Certificate delivered to the Trustee, that either (i) such Mortgage Loan is in default or default is reasonably foreseeable or (ii) if such Mortgage Loan is not in default or default is not reasonably foreseeable, such repurchase will have no adverse tax consequences for the Trust Fund or any Certificateholder. If the Master Servicer is unable to enforce such “due-on-sale” clause (as provided in the second preceding sentence) or if no “due-on-sale” clause is applicable, the Master Servicer or the Sub-Servicer is authorized to enter into an assumption and modification agreement with the Person to whom such property has been conveyed or is proposed to be conveyed, pursuant to which such Person becomes liable under the Mortgage Note and, to the extent permitted by applicable state law, the Mortgagor remains liable thereon; provided, however, that the Master Servicer shall not enter into any assumption and modification agreement if the coverage provided under the Primary Insurance Policy, if any, would be impaired by doing so. The Master Servicer shall notify the Trustee, whenever possible, before the completion of such assumption agreement, and shall forward to the Trustee the original copy of such assumption agreement, which copy shall be added by the Trustee to the related Mortgage File and which shall, for all purposes, be considered a part of such Mortgage File to the same extent as all other documents and instruments constituting a part thereof. In connection with any such assumption agreement, the interest rate on the related Mortgage Loan shall not be changed and no other material alterations in the Mortgage Loan shall be made unless such material alteration would not cause any of REMIC 1, REMIC 2 or REMIC 3 to fail to qualify as a REMIC for federal income tax purposes, as evidenced by an Opinion of Counsel, or cause any such REMIC to become subject to imposition of tax. The Master Servicer is also authorized to enter into a substitution of liability agreement with such Person, pursuant to which the original Mortgagor is released from liability and such Person is substituted as the Mortgagor and becomes liable under the Mortgage Note. Any fee collected by or on behalf of the Master Servicer for entering into an assumption or substitution of liability agreement will be retained by or on behalf of the Master Servicer as additional servicing compensation. In connection with any such assumption, no material term of the Mortgage Note (including but not limited to the Mortgage Rate, the amount of the Monthly Payment and any other term affecting the amount or timing of payment on the Mortgage Loan) may be changed. The Master Servicer shall not enter into any substitution or assumption if such substitution or assumption shall (i) constitute a “significant modification” effecting an exchange or reissuance of such Mortgage Loan under the Code (or Treasury regulations promulgated thereunder) or (ii) cause any of REMIC 1, REMIC 2 or REMIC 3 to fail to qualify as a REMIC under the REMIC Provisions or to become subject to the imposition of any tax on “prohibited transactions” or “contributions” after the Startup Day under the REMIC Provisions. The Master Servicer shall notify the Trustee that any such substitution or assumption agreement has been completed and shall forward to the Trustee the original copy of such substitution or assumption agreement, which copy shall be added to the related Mortgage File and shall, for all purposes, be considered a part of such Mortgage File to the same extent as all other documents and instruments constituting a part thereof. A portion equal to up to 2% of the Collateral Value of the related Mortgage Loan, of any fee or additional interest collected by the related Sub-Servicer for consenting in any such conveyance or entering into any such assumption agreement may be retained by the related Sub-Servicer as additional servicing compensation.

Notwithstanding the foregoing paragraph or any other provision of this Agreement, the Master Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption that the Master Servicer may be restricted by law from preventing, for any reason whatsoever. For purposes of this Section 3.14, the term “assumption” is deemed to also include a sale of a Mortgaged Property that is not accompanied by an assumption or substitution of liability agreement.

Section 3.15. Realization Upon Defaulted Mortgage Loans.

The Master Servicer shall exercise reasonable efforts, consistent with the procedures that the Master Servicer would use in servicing loans for its own account, to foreclose upon or otherwise comparably convert (which may include an REO Acquisition) the ownership of properties securing such of the Mortgage Loans as come into and continue in default and as to which no satisfactory arrangements can be made for collection of delinquent payments pursuant to Section 3.07, and which are not released from the Trust Fund pursuant to any other provision hereof. The Master Servicer shall use reasonable efforts to realize proceeds from such defaulted Mortgage Loans in such manner (including short sales and passing through to the Trust Fund less than the full amount it expects to receive from the related Mortgage Loan) as will maximize the receipt of principal and interest by Certificateholders, taking into account, among other things, the timing of foreclosure proceedings. The foregoing is subject to the provisions that, in any case in which Mortgaged Property shall have suffered damage from an Uninsured Cause, the Master Servicer shall not be required to expend its own funds toward the restoration of such property unless it shall determine in its sole discretion (i) that such restoration will increase the net proceeds of liquidation of the related Mortgage Loan to Certificateholders and the Certificate Insurer after reimbursement to itself for such expenses, and (ii) that such expenses will be recoverable by the Master Servicer through Insurance Proceeds or Liquidation Proceeds from the related Mortgaged Property, as contemplated in Section 3.11. The Master Servicer shall be responsible for all other costs and expenses incurred by it in any such proceedings; provided, however, that it shall be entitled to reimbursement thereof from the related property, as contemplated in Section 3.11.

The proceeds of any Cash Liquidation or REO Disposition, as well as any recovery resulting from a partial collection of Insurance Proceeds or Liquidation Proceeds or any income from an REO Property, will be deposited into the Custodial Account and applied in the following order of priority: first, to reimburse the Master Servicer or any Sub-Servicer for any related unreimbursed Servicing Advances, pursuant to Section 3.11(vi) or 3.22; second, to accrued and unpaid interest on the Mortgage Loan or REO Imputed Interest, at the Mortgage Rate, to the date of the Cash Liquidation or REO Disposition, or to the Due Date prior to the Distribution Date on which such amounts are to be distributed if not in connection with a Cash Liquidation or REO Disposition; and third, as a recovery of principal of the Mortgage Loan. If the amount of the recovery so allocated to interest is less than a full recovery thereof, that amount will be allocated as follows: first, to unpaid Master Servicing Fees or Sub-Servicing Fees; and second, to interest at the Net Mortgage Rate. The portion of the recovery so allocated to unpaid Master Servicing Fees or Sub-Servicing Fees shall be reimbursed to the Master Servicer or any Sub-Servicer pursuant to Section 3.11(vi). The portions of the recovery so allocated to interest at the Net Mortgage Rate and to principal of the Mortgage Loan shall be applied as follows: first, to reimburse the Master Servicer or any Sub-Servicer for any related unreimbursed Advances in accordance with Section 3.11(iii) or 3.22, second, payment to the PMI Insurer in accordance with Sections 3.11(ix) and third, for payment to the Trustee and distribution to the Certificateholders in accordance with the provisions of Section 4.01, subject to Section 3.22 with respect to certain recoveries from an REO Disposition constituting Excess Proceeds. To the extent the Master Servicer receives additional recoveries following a Cash Liquidation, the amount of the Realized Loss will be restated, and the additional recoveries will be passed through the Trust Fund as Liquidation Proceeds.

The Master Servicer, on behalf of the Trust, may also, in its discretion, as an alternative to foreclosure, sell defaulted Mortgage Loans at fair market value to third-parties, if the Master Servicer reasonably believes that such sale would maximize proceeds to the Certificateholders in the aggregate (on a present value basis) with respect to that Mortgage Loan.

Section 3.16. Trustee to Cooperate; Release of Mortgage Files.

Upon the payment in full of any Mortgage Loan, or the receipt by the Master Servicer of a notification that payment in full shall be escrowed in a manner customary for such purposes, the Master Servicer will immediately notify the Trustee by a certification (which certification shall include a statement to the effect that all amounts received or to be received in connection with such payment which are required to be deposited in the Custodial Account pursuant to Section 3.10 have been or will be so deposited) of a Servicing Officer and shall request delivery to it of the Mortgage File in the form of the Request for Release attached hereto as Exhibit F-2. Upon receipt by the Trustee of such certification and request, the Trustee shall promptly release the related Mortgage File to the Master Servicer. Subject to the receipt by the Master Servicer of the proceeds of such payment in full and the payment of all related fees and expenses, the Master Servicer shall arrange for the release to the Mortgagor of the original canceled Mortgage Note. In connection with the satisfaction of any MOM Loan, the Master Servicer is authorized to cause the removal from the registration on the MERS® System of such Mortgage. All other documents in the Mortgage File shall be retained by the Master Servicer to the extent required by applicable law. The Master Servicer shall provide for preparation of the appropriate instrument of satisfaction covering any Mortgage Loan which pays in full and the Trustee shall cooperate in the execution and return of such instrument to provide for its delivery or recording as may be required. No expenses incurred in connection with any instrument of satisfaction or deed of reconveyance shall be chargeable to the Custodial Account or the Certificate Account.

From time to time and as appropriate for the servicing or foreclosure of any Mortgage Loan, including, for this purpose, collection under any insurance policy relating to the Mortgage Loan, the Trustee shall, upon request of the Master Servicer and delivery to the Trustee of a Request for Release in the form attached hereto as Exhibit F-1, release the related Mortgage File to the Master Servicer and the Trustee shall execute such documents as the Master Servicer shall prepare and request as being necessary to the prosecution of any such proceedings. Such Request for Release shall obligate the Master Servicer to return each document previously requested from the Mortgage File to the Trustee when the need therefor by the Master Servicer no longer exists; and in any event within 21 days of the Master Servicer's receipt thereof, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Account or the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judicially, and the Master Servicer has delivered to the Trustee a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a Request for Release stating that such Mortgage Loan was liquidated and that all amounts received or to be received in connection with such liquidation which are required to be deposited into the Custodial Account have been or will be so deposited, or that such Mortgage Loan has become an REO Property, a copy of the Request for Release shall be released by the Trustee to the Master Servicer.

Upon written request of a Servicing Officer, the Trustee shall execute and deliver to the Master Servicer any court pleadings, requests for trustee’s sale or other documents prepared by the Master Servicer that are necessary to the foreclosure or trustee’s sale in respect of a Mortgaged Property or to any legal action brought to obtain judgment against any Mortgagor on the Mortgage Note or Mortgage or to obtain a deficiency judgment, or to enforce any other remedies or rights provided by the Mortgage Note or Mortgage or otherwise available at law or in equity. Each such request that such pleadings or documents be executed by the Trustee shall include a certification signed by a Servicing Officer as to the reason such documents or pleadings are required and that the execution and delivery thereof by the Trustee will not invalidate or otherwise affect the lien of the Mortgage, except for the termination of such a lien upon completion of the foreclosure or trustee’s sale.

Section 3.17. Servicing Compensation.

As compensation for its activities hereunder, the Master Servicer shall be entitled to withhold and retain, from deposits to the Custodial Account of amounts representing payments or recoveries of interest, the Master Servicing Fees and Sub-Servicing Fees with respect to each Mortgage Loan (less any portion of such amounts retained by any Sub-Servicer). In addition, the Master Servicer shall be entitled to recover unpaid Master Servicing Fees and Sub-Servicing Fees out of related Late Collections to the extent permitted in Section 3.11.

Each Sub-Servicing Agreement shall permit the related Sub-Servicer to retain the Sub-Servicer Fees from collections on the related Mortgage Loans, or shall provide that the Sub-Servicer be paid directly by the Master Servicer from collections on the related Mortgage Loans. To the extent the Master Servicer directly services a Mortgage Loan, the Master Servicer shall be entitled to retain the Sub-Servicing Fees for that Mortgage Loan.

The Master Servicer also shall be entitled pursuant to Section 3.11 to receive from the Custodial Account as additional servicing compensation interest or other income earned on deposits therein, subject to Section 3.23, as well as any assumption fees, late payment charges and reconveyance fees. The Master Servicer shall not be entitled to retain any Prepayment Charges. Any Prepayment Charges identified on Exhibit H hereto as belonging to the Class P Certificateholder shall be paid to the Holders of the Class P Certificates. Any Prepayment Charges identified on Exhibit H hereto as belonging to a Sub-Servicer shall be paid to the related Sub-Servicer. The Master Servicer shall be required to pay all expenses incurred by it in connection with its servicing activities hereunder (including payment of the premiums for any blanket policy insuring against hazard losses pursuant to Section 3.13 and servicing compensation of the Sub-Servicer to the extent not retained by it), and shall not be entitled to reimbursement therefor except as specifically provided in Section 3.11. The Master Servicing Fee may not be transferred in whole or in part except in connection with the transfer of all of the Master Servicer's responsibilities and obligations under this Agreement.

Section 3.18. Maintenance of Certain Servicing Policies.

The Master Servicer shall obtain and maintain at its own expense and shall cause each Sub-Servicer to obtain and maintain for the duration of this Agreement a blanket fidelity bond and an errors and omissions insurance policy covering the Master Servicer's and such Sub-Servicer's officers, employees and other persons acting on its behalf in connection with its activities under this Agreement. The amount of coverage shall be at least equal to the coverage maintained by the Master Servicer or Sub-Servicer in order to be acceptable to Xxxxxx Xxx or Xxxxxxx Mac to service loans for it or otherwise in an amount as is commercially available at a cost that is generally not regarded as excessive by industry standards. The Master Servicer shall promptly notify the Trustee in writing of any material change in the terms of such bond or policy. The Master Servicer shall provide annually to the Trustee a certificate of insurance that such bond and policy are in effect. If any such bond or policy ceases to be in effect, the Master Servicer shall, to the extent possible, give the Trustee ten days' notice prior to any such cessation and shall use its reasonable best efforts to obtain a comparable replacement bond or policy, as the case may be.

Section 3.19. Annual Statement as to Compliance.

Not later than March 22nd of each calendar year beginning in 2008, the Master Servicer at its own expense shall deliver to the Trustee via e-mail (XXXXX.Xxxxxxxxxxxxx@xx.xxx), and shall deliver (or otherwise make available) to the Certificate Insurer, a certificate (an “Annual Statement of Compliance”) signed by a Servicing Officer stating, as to the signers thereof, that (i) a review of the activities of the Master Servicer during the preceding calendar year and of performance under this Agreement or other applicable servicing agreement has been made under such officers’ supervision, (ii) to the best of such officers’ knowledge, based on such review, the Master Servicer has fulfilled all its obligations under this Agreement or other applicable servicing agreement in all material respects for such year or portion thereof, or, if there has been a failure to fulfill any such obligation in any material respect, specifying each such failure known to such officer and the nature and status thereof. Such Annual Statement of Compliance shall contain no restrictions or limitations on its use. In the event that the Master Servicer has delegated any servicing responsibilities with respect to the Mortgage Loans to a Sub-Servicer, the Master Servicer shall deliver a similar Annual Statement of Compliance by that Sub-Servicer to the Trustee and the Certificate Insurer as described above as and when required with respect to the Master Servicer.

Failure of the Master Servicer to timely comply with this Section 3.19 shall be deemed an Event of Default, and the Trustee may, in addition to whatever rights the Trustee may have under this Agreement and at law or equity or to damages, including injunctive relief and specific performance, upon notice immediately terminate all the rights and obligations of the Master Servicer under this Agreement and in and to the Mortgage Loans and the proceeds thereof without compensating the Master Servicer for the same. This paragraph shall supersede any other provision in this Agreement or any other agreement to the contrary.

Section 3.20. Assessments of Compliance and Attestation Reports.

Pursuant to Rules 13a-18 and 15d-18 of the Exchange Act and Item 1122(a) of Regulation AB, the Master Servicer shall deliver to the Trustee via e-mail (XXXXX.Xxxxxxxxxxxxx@xx.xxx) and shall deliver (or otherwise make available) to the Certificate Insurer on or before March 22nd of each calendar year beginning in 2008, a report regarding the Master Servicer’s assessment of compliance (an “Assessment of Compliance”) with the applicable Servicing Criteria (as set forth in Exhibit N) during the preceding calendar year. The Assessment of Compliance must contain the following:

(a) A statement by such officer of its responsibility for assessing compliance with the Servicing Criteria applicable to the Master Servicer;

(b) A statement by such officer that such officer used the Servicing Criteria, and which will also be attached to the Assessment of Compliance, to assess compliance with the Servicing Criteria applicable to the Master Servicer;

(c) An assessment by such officer of the Master Servicer’s compliance with the applicable Servicing Criteria for the period consisting of the preceding calendar year, including disclosure of any material instance of noncompliance with respect thereto during such period, which assessment shall be based on the activities it performs with respect to asset-backed securities transactions taken as a whole involving the Master Servicer, that are backed by the same asset type as the Mortgage Loans;

(d) A statement that a registered public accounting firm has issued an attestation report on the Master Servicer’s Assessment of Compliance for the period consisting of the preceding calendar year; and

(e) A statement as to which of the Servicing Criteria, if any, are not applicable to the Master Servicer, which statement shall be based on the activities it performs with respect to asset-backed securities transactions taken as a whole involving the Master Servicer, that are backed by the same asset type as the Mortgage Loans.

Such report at a minimum shall address each of the Servicing Criteria specified on Exhibit N hereto which are indicated as applicable to the Master Servicer.

On or before March 22nd of each calendar year beginning in 2008, the Master Servicer shall furnish to the Trustee and the Certificate Insurer a report (an “Attestation Report”) by a registered public accounting firm that attests to, and reports on, the Assessment of Compliance made by the Master Servicer, as required by Rules 13a-18 and 15d-18 of the Exchange Act and Item 1122(b) of Regulation AB, which Attestation Report must be made in accordance with standards for attestation reports issued or adopted by the Public Company Accounting Oversight Board.

The Master Servicer shall cause any Sub-Servicer and each subcontractor determined by the Master Servicer to be “participating in the servicing function” within the meaning of Item 1122 of Regulation AB, to deliver to the Trustee, the Certificate Insurer and the Depositor an Assessment of Compliance and Attestation Report as and when provided above.

Such Assessment of Compliance, as to any Sub-Servicer, shall address each of the Servicing Criteria applicable to the Sub-Servicer. Notwithstanding the foregoing, as to any subcontractor determined by the Master Servicer to be “participating in the servicing function,” an Assessment of Compliance is not required to be delivered unless it is required as part of a Form 10-K with respect to the Trust Fund.

Failure of the Master Servicer to timely comply with this Section 3.20 (taking into account the cure period if permitted as set forth in the preceding paragraph) shall be deemed an Event of Default, and the Trustee may, in addition to whatever rights the Trustee may have under this Agreement and at law or equity or to damages, including injunctive relief and specific performance, give notice to Certificateholders that they have ten Business Days to object. If no such objection is received, the Trustee shall immediately terminate all the rights and obligations of the Master Servicer under this Agreement and in and to the Mortgage Loans and the proceeds thereof without compensating the Master Servicer for the same (other than as provided herein with respect to unreimbursed Advances or Servicing Advances or accrued and unpaid Servicing Fees). This paragraph shall supercede any other provision in this Agreement or any other agreement to the contrary.

The Trustee shall also provide an Assessment of Compliance (with respect to items (a) - (d) but not (e) above) and Attestation Report, as and when provided above, which shall at a minimum address each of the Servicing Criteria specified on Exhibit N hereto which are indicated as applicable to the “trustee”. Notwithstanding the foregoing, as to any trustee, an Assessment of Compliance is not required to be delivered unless it is required as part of a Form 10-K with respect to the Trust Fund.

Section 3.21. Access to Certain Documentation.

The Master Servicer shall provide, and shall cause any Sub-Servicer to provide, to the Trustee and the Certificate Insurer, access to the documentation in their possession regarding the related Mortgage Loans and REO Properties and to the Certificateholders, the FDIC, and the supervisory agents and examiners of the FDIC (to which the Trustee shall also provide) access to the documentation regarding the related Mortgage Loans required by applicable regulations, such access being afforded without charge but only upon reasonable request and during normal business hours at the offices of the Master Servicer or the Sub-Servicers that are designated by these entities; provided, however, that, unless otherwise required by law, the Trustee, the Master Servicer or the Sub-Servicer shall not be required to provide access to such documentation if the provision thereof would violate the legal right to privacy of any Mortgagor. The Master Servicer and the Sub-Servicers shall allow representatives of the above entities to photocopy any of the documentation and shall provide equipment for that purpose at a charge that covers their own actual out-of-pocket costs. The Master Servicer shall designate a Servicing Officer to provide certain information regarding the Mortgage Loans.

Section 3.22. Title, Conservation and Disposition of REO Property.

This Section shall apply only to REO Properties acquired for the account of REMIC 1 and shall not apply to any REO Property relating to a Mortgage Loan which was purchased or repurchased from REMIC 1 pursuant to Sections 2.02, 2.04, 3.14 or 3.27. In the event that title to any such REO Property is acquired, the deed or certificate of sale shall be issued to the Trustee, or to its nominee, on behalf of the Certificateholders. The Master Servicer, on behalf of REMIC 1, shall either sell any REO Property before the close of the third taxable year following the taxable year in which REMIC 1 acquires ownership of such REO Property for purposes of Section 860G(a)(8) of the Code or, at the expense of REMIC 1, request, more than 60 days before the day on which the three-year grace period would otherwise expire an extension of the three-year grace period, unless the Master Servicer has delivered to the Trustee and the Certificate Insurer an Opinion of Counsel (which shall not be at the expense of the Trustee or the Certificate Insurer), addressed to the Trustee, the Certificate Insurer and the Master Servicer, to the effect that the holding by REMIC 1 of such REO Property subsequent to the close of the third taxable year following the taxable year in which REMIC 1 acquires ownership of such REO Property will not result in the imposition on REMIC 1 of taxes on “prohibited transactions” thereof, as defined in Section 860F of the Code, or cause any of REMIC 1, REMIC 2 or REMIC 3 to fail to qualify as a REMIC under the REMIC Provisions or comparable provisions of the laws of the State of California at any time that any Certificates are outstanding. The Master Servicer shall manage, conserve, protect and operate each REO Property for the Certificateholders solely for the purpose of its prompt disposition and sale in a manner which does not cause such REO Property to fail to qualify as “foreclosure property” within the meaning of Section 860G(a)(8) or result in the receipt by any of REMIC 1, REMIC 2 or REMIC 3 of any “income from non-permitted assets” within the meaning of Section 860F(a)(2)(B) of the Code or any “net income from foreclosure property” which is subject to taxation under the REMIC Provisions. Pursuant to its efforts to sell such REO Property, the Master Servicer shall either itself or through an agent selected by the Master Servicer protect and conserve such REO Property in the same manner and to such extent as is customary in the locality where such REO Property is located and may, incident to its conservation and protection of the interests of the Certificateholders, rent the same, or any part thereof, as the Master Servicer deems to be in the best interest of the Certificateholders for the period prior to the sale of such REO Property.

Any REO Disposition shall be for cash only (unless changes in the REMIC Provisions made subsequent to the Startup Day allow a sale for other consideration).

The Master Servicer shall segregate and hold all funds collected and received in connection with the operation of any REO Property separate and apart from its own funds and general assets. The Master Servicer shall deposit, or cause to be deposited, on a daily basis in the Custodial Account all revenues received with respect to the REO Properties, net of any directly related expenses incurred or withdraw therefrom funds necessary for the proper operation, management and maintenance of the REO Property.

If as of the date of acquisition of title to any REO Property there remain outstanding unreimbursed Servicing Advances with respect to such REO Property or any outstanding Advances allocated thereto the Master Servicer, upon an REO Disposition, shall be entitled to reimbursement for any related unreimbursed Servicing Advances and any unreimbursed related Advances as well as any unpaid Master Servicing Fees or Sub-Servicing Fees from proceeds received in connection with the REO Disposition, as further provided in Section 3.15. The Master Servicer shall not be obligated to advance any amounts with respect to an REO Property if such advance would constitute a Nonrecoverable Advance.

The REO Disposition shall be carried out by the Master Servicer at such price and upon such terms and conditions as the Master Servicer shall determine.

The Master Servicer shall deposit the proceeds from the REO Disposition, net of any payment to the Master Servicer as provided above, in the Custodial Account upon receipt thereof for distribution in accordance with Section 4.01; provided, that any such net proceeds received by the Master Servicer which are in excess of the applicable Stated Principal Balance plus all unpaid REO Imputed Interest thereon through the last day of the month in which the REO Disposition occurred (“Excess Proceeds”) shall be retained by the Master Servicer as additional servicing compensation.

With respect to any Mortgage Loan as to which the Master Servicer has received notice of, or has actual knowledge of, the presence of any toxic or hazardous substance on the Mortgaged Property, the Master Servicer shall not, on behalf of the Trustee, either (i) obtain title to the related Mortgaged Property as a result of or in lieu of foreclosure or otherwise, or (ii) otherwise acquire possession of, the related Mortgaged Property, unless the Master Servicer has, at least 30 days prior to taking such action, obtained and delivered to the Trustee an environmental audit report prepared by a Person who regularly conducts environmental audits using customary industry standards. The Master Servicer shall take such action as it deems to be in the best economic interest of the Trust Fund (other than proceeding against the Mortgaged Property) and is hereby authorized at such time as it deems appropriate to release such Mortgaged Property from the lien of the related Mortgage.

The cost of the environmental audit report contemplated by this Section 3.22 shall be advanced by the Master Servicer as an expense of the Trust Fund, and the Master Servicer shall be reimbursed therefor from the Custodial Account as provided in Section 3.11, any such right of reimbursement being prior to the rights of the Certificateholders to receive any amount in the Custodial Account.

If the Master Servicer determines, as described above, that it is in the best economic interest of the Trust Fund to take such actions as are necessary to bring any such Mortgaged Property in compliance with applicable environmental laws, or to take such action with respect to the containment, clean-up or remediation of hazardous substances, hazardous materials, hazardous wastes, or petroleum-based materials affecting any such Mortgaged Property, then the Master Servicer shall take such action as it deems to be in the best economic interest of the Trust Fund. The cost of any such compliance, containment, clean-up or remediation shall be advanced by the Master Servicer as an expense of the Trust Fund, and the Master Servicer shall be entitled to be reimbursed therefor from the Custodial Account as provided in Section 3.11, any such right of reimbursement being prior to the rights of the Certificateholders to receive any amount in the Custodial Account.

Section 3.23. Additional Obligations of the Master Servicer.

On each Certificate Account Deposit Date, the Master Servicer shall deliver to the Trustee for deposit in the Certificate Account from its own funds and without any right of reimbursement therefor, a total amount equal to the amount of Compensating Interest for the related Distribution Date.

Section 3.24. Additional Obligations of the Depositor.

The Depositor agrees that on or prior to the tenth day after the Closing Date, the Depositor shall provide or shall cause to be provided to the Trustee information, substantially in the form of Exhibit J attached hereto, relating to each Class of Certificates, setting forth (i) in the case of each Class of such Certificates, (a) if less than 10% of the aggregate Certificate Principal Balance of such Class of Certificates has been sold as of such date, the value calculated pursuant to clause (b)(iii) of Exhibit J hereto, or, (b) if 10% or more of such Class of Certificates has been sold as of such date but no single price is paid for at least 10% of the aggregate Certificate Principal Balance of such Class of Certificates, then the weighted average price at which the Certificates of such Class were sold and the aggregate percentage of Certificates of such Class sold, (c) the first single price at which at least 10% of the aggregate Certificate Principal Balance of such Class of Certificates was sold, or (d) if any Certificates of each Class of Certificates are retained by the Depositor or an affiliate corporation, or are delivered to the Sponsor, the fair market value of such Certificates as of the Closing Date, (ii) the Prepayment Assumption used in pricing the Certificates, and (iii) such other information as to matters of fact as the Trustee may reasonably request to enable it to comply with its reporting requirements with respect to each Class of such Certificates to the extent such information can in the good faith judgment of the Depositor be determined by it.

Section 3.25. Exchange Act Reporting.

(a) The Trustee (to the extent any information requested by the Depositor is actually in the possession of the Trustee) and the Master Servicer shall fully cooperate with the Depositor in connection with the Trust’s satisfying the reporting requirements under the Exchange Act as may be requested by the Depositor pursuant to Section 3.26.

(b) (1) Within 12 calendar days after each Distribution Date, the Trustee shall, in accordance with industry standards, file with the Commission via the Electronic Data Gathering and Retrieval System (“XXXXX”), a Distribution Report on Form 10-D, signed by the Depositor, with a copy of the monthly statement to be furnished by the Trustee to the Certificateholders for such Distribution Date. Any disclosure in addition to the monthly statement required to be included on the Form 10-D (“Additional Form 10-D Disclosure”) shall be determined and prepared by the entity that is indicated in Exhibit O as the responsible party for providing that information, if other than the Trustee, and the Trustee will have no duty or liability to verify the accuracy or sufficiency of any such Additional Form 10-D Disclosure and the Trustee shall have no liability with respect to any failure to properly prepare or file such Form 10-D resulting from or relating to the Trustee’s inability or failure to obtain any information in a timely manner from the party responsible for delivery of such Additional Form 10-D Disclosure.

Within 3 calendar days after the related Distribution Date, each entity that is indicated in Exhibit O as the responsible party for providing Additional Form 10-D Disclosure shall be required to provide to the Trustee via e-mail (XXXXX.Xxxxxxxxxxxxx@xx.xxx) and the Depositor and the Certificate Insurer, to the extent known by a responsible party thereof, Additional Form 10-D Disclosure, if applicable, clearly identifying which item of Form 10-D the information relates to, any. The Trustee shall compile the information provided to it, prepare the Form 10-D and forward the Form 10-D to the Depositor for verification. The Depositor will approve, as to form and substance, or disapprove, as the case may be, the Form 10-D. No later than three Business Days prior to the 10th calendar day after the related Distribution Date, an officer of the Depositor shall sign the Form 10-D and return an electronic or fax copy of such signed Form 10-D (with an original executed hard copy to follow by overnight mail) to the Trustee. The Trustee shall have no liability with respect to any failure to properly file any Form 10-D resulting from or relating to the Depositor’s failure to timely comply with the provisions of this section.

(ii) Within four (4) Business Days after the occurrence of an event requiring disclosure on Form 8-K (each such event, a “Reportable Event”), the Depositor shall prepare and file any Form 8-K, as required by the Exchange Act, in addition to the initial Form 8-K in connection with the issuance of the Certificates. Any disclosure or information related to a Reportable Event or that is otherwise required to be included on Form 8-K (“Form 8-K Disclosure Information”) shall be determined and prepared by the entity that is indicated in Exhibit O as the responsible party for providing that information.

For so long as the Trust is subject to the Exchange Act reporting requirements, no later than the end of business on the second Business Day after the occurrence of a Reportable Event, the entity that is indicated in Exhibit O as the responsible party for providing Form 8-K Disclosure Information shall be required to provide to the Depositor, to the extent known by a responsible officer thereof, the form and substance of any Form 8-K Disclosure Information, if applicable. The Depositor shall compile the information provided to it, and prepare and file the Form 8-K, which shall be signed by an officer of the Depositor.

(iii) Prior to January 30 of the first year in which the Trustee is able to do so under applicable law, the Trustee shall, in accordance with industry standards, file a Form 15 Suspension Notice with respect to the Trust Fund, if applicable. On or before (x) March 22, 2008 and (y) unless and until a Form 15 Suspension Notice shall have been filed, on or before April 15 of each year thereafter, the Master Servicer shall provide the Trustee and the Certificate Insurer with an Annual Compliance Statement, together with a copy of the Assessment of Compliance and Attestation Report to be delivered by the Master Servicer pursuant to Sections 3.19 and 3.20 (including with respect to any Sub-Servicer or any subcontractor, if required to be filed). Prior to (x) March 30, 2008 and (y) unless and until a Form 15 Suspension Notice shall have been filed, March 30 of each year thereafter, the Trustee shall file a Form 10-K, in substance as required by applicable law or applicable Securities and Exchange Commission staff’s interpretations and conforming to industry standards, with respect to the Trust Fund. Such Form 10-K shall include the Assessment of Compliance, Attestation Report, Annual Compliance Statements and other documentation provided by the Master Servicer pursuant to Sections 3.19 and 3.20 (including with respect to any Sub-Servicer or subcontractor, if required to be filed) and Section 3.20 with respect to the Trustee, and the Form 10-K certification in the form attached hereto as Exhibit L-1 (the “Certification”) signed by the senior officer of the Depositor in charge of securitization. The Trustee shall receive the items described in the preceding sentence no later than March 22 of each calendar year prior to the filing deadline for the Form 10-K.

Any disclosure or information in addition to that described in the preceding paragraph that is required to be included on Form 10-K (“Additional Form 10-K Disclosure”) shall be determined and prepared by the entity that is indicated in Exhibit O as the responsible party for providing that information, if other than the Trustee, and the Trustee will have no duty or liability to verify the accuracy or sufficiency of any such Additional Form 10-K Disclosure.

If information, data and exhibits to be included in the Form 10-K are not so timely delivered, the Trustee shall file an amended Form 10-K including such documents as exhibits reasonably promptly after they are delivered to the Trustee. The Trustee shall have no liability with respect to any failure to properly prepare or file such periodic reports resulting from or relating to the Trustee’s inability or failure to timely obtain any information from any other party.

On or prior to (x) March 15, 2008 and (y) unless and until a Form 15 Suspension Notice shall have been filed, prior to March 15 of each year thereafter, each entity that is indicated in Exhibit O as the responsible party for providing Additional Form 10-K Disclosure shall be required to provide to the Trustee via e-mail (XXXXX.Xxxxxxxxxxxxx@xx.xxx), and to the Certificate Insurer and the Depositor, to the extent known by a responsible party thereof, the form and substance of any Additional Form 10-K Disclosure Information, if applicable. The Trustee shall compile the information provided to it, prepare the Form 10-K and forward the Form 10-K to the Depositor for verification. The Depositor will approve, as to form and substance, or disapprove, as the case may be, the Form 10-K by no later than March 25 of the relevant year (or the immediately preceding Business Day if March 25 is not a Business Day), an officer of the Depositor shall sign the Form 10-K and return an electronic or fax copy of such signed Form 10-K (with an original executed hard copy to follow by overnight mail) to the Trustee.

The Master Servicer shall be responsible for determining the pool concentration applicable to any Sub-Servicer to which the Master Servicer delegated any of its responsibilities with respect to the Mortgage Loans at any time, for purposes of disclosure as required by Items 1117 and 1119 of Regulation AB. The Trustee will provide electronic or paper copies of all Form 10-D, 8-K and 10-K filings free of charge to any Certificateholder upon request. Any expenses incurred by the Trustee in connection with the previous sentence shall be reimbursable to the Trustee out of the Trust Fund. The Trustee shall have no liability with respect to any failure to properly file any Form 10-K resulting from or relating to the Depositor’s failure to timely comply with the provisions of this section.

The Trustee shall sign a certification (in the form attached hereto as Exhibit L-3) for the benefit of the Depositor and its officers, directors and Affiliates in respect of items 1 through 3 of the Certification (provided, however, that the Trustee shall not undertake an analysis of the Attestation Report attached as an exhibit to the Form 10-K), and the Master Servicer shall sign a certification (the “Master Servicer Certification) solely with respect to the Master Servicer (in the form attached hereto as Exhibit L-2) for the benefit of the Depositor, the Trustee and each Person, if any, who “controls” the Depositor or the Trustee within the meaning of the Securities Act of 1933, as amended, and their respective officers and directors. Each such certification shall be delivered to the Depositor and the Trustee by March 15th of each year (or if not a Business Day, the immediately preceding Business Day). The Certification attached hereto as Exhibit L-1 shall be delivered to the Trustee by March 20th for filing on or prior to March 30th of each year (or if not a Business Day, the immediately preceding Business Day).

The Trustee will have no duty to verify the accuracy or sufficiency of any information not prepared by it included in any Form 10-D, Form 10-K or Form 8-K. The Trustee shall have no liability with respect to any failure to properly prepare or file any Form 10- D or Form 10-K resulting from or relating to the Trustee’s inability or failure to obtain any information in a timely manner from the party responsible for delivery of such disclosure information. The Trustee shall have no liability with respect to any failure to properly file any Form l0-D or 10-K resulting from or relating to the Depositor’s failure to timely comply with the provisions of this section. Nothing herein shall be construed to require the Trustee or any officer, director or Affiliate thereof to sign any Form 10-D, Form 10-K or Form 8-K.

(c) (A) The Trustee shall indemnify and hold harmless the Depositor, the Master Servicer and their respective officers, directors and Affiliates from and against any losses, damages, penalties, fines, forfeitures, reasonable and necessary legal fees and related costs, judgments and other costs and expenses arising out of or based upon any material misstatement or omission in the Assessment of Compliance delivered by the Trustee pursuant to Section 3.20 and (B) the Master Servicer shall indemnify and hold harmless the Depositor, the Trustee and their respective officers, directors and Affiliates from and against any actual losses, damages, penalties, fines, forfeitures, reasonable and necessary legal fees and related costs, judgments and other costs and expenses arising out of or based upon (i) the failure of the Master Servicer to timely deliver the Master Servicer Certification or (ii) any material misstatement or omission in the Statement as to Compliance delivered by the Master Servicer pursuant to Section 3.19 or any Sub-Servicer pursuant to Section 3.20, the Assessment of Compliance delivered by the Master Servicer or any Sub-Servicer pursuant to Section 3.20 or the Master Servicer Certification. If the indemnification provided for herein is unavailable or insufficient to hold harmless the Depositor, then the Master Servicer agrees that it shall contribute to the amount paid or payable by the Depositor and the Trustee as a result of the losses, claims, damages or liabilities of the Depositor and the Trustee in such proportion as is appropriate to reflect the relative fault of the Depositor and the Trustee on the one hand and the Master Servicer on the other in connection with the Master Servicer Certification and the related obligations of the Master Servicer under this Section 3.25.

Upon any filing with the Securities and Exchange Commission, the Trustee shall promptly deliver to the Depositor a copy of any such executed report, statement or information.

Section 3.26. Intention of the Parties and Interpretation.

Each of the parties acknowledges and agrees that the purpose of Sections 3.19, 3.20 and 3.25 of this Agreement is to facilitate compliance by the Sponsor and the Depositor with the provisions of Regulation AB. Therefore, each of the parties agrees that (a) the obligations of the parties hereunder shall be interpreted in such a manner as to accomplish that purpose, (b) the parties’ obligations hereunder will be supplemented and modified as necessary to be consistent with any such amendments, interpretive advice or guidance, convention or consensus among active participants in the asset-backed securities markets, advice of counsel, or otherwise in respect of the requirements of Regulation AB, (c) the parties shall comply with requests made by the Sponsor or the Depositor for delivery of additional or different information as the Sponsor or the Depositor may determine in good faith is necessary to comply with the provisions of Regulation AB, and (d) no amendment of this Agreement shall be required to effect any such changes in the parties’ obligations as are necessary to accommodate evolving interpretations of the provisions of Regulation AB.

Section 3.27. Optional Purchase of Certain Mortgage Loans.

The Master Servicer will have a one-time option to purchase up to a maximum of 1.00% (and in any case, at least five Mortgage Loans, not exceeding the 1.00% maximum in the aggregate) of the Mortgage Loans, by aggregate Stated Principal Balance of the Mortgage Loans as of such date, from the Trustee at the Purchase Price. Any Mortgage Loans that may be purchased by the Master Servicer pursuant to this Section 3.27 will be selected by the Master Servicer in its sole discretion. If at any time the Master Servicer makes a payment to the Certificate Account covering the amount of the Purchase Price for such a Mortgage Loan, and the Master Servicer provides to the Trustee a certification signed by a Servicing Officer stating that the amount of such payment has been deposited in the Certificate Account, then the Trustee shall execute the assignment of such Mortgage Loan at the request of the Master Servicer without recourse to the Master Servicer which shall succeed to all the Trustee’s right, title and interest in and to such Mortgage Loan, and all security and documents relative thereto. Such assignment shall be an assignment outright and not for security. The Master Servicer will thereupon own such Mortgage, and all such security and documents, free of any further obligation to the Trustee or the Certificateholders with respect thereto. Any tax on "prohibited transactions" (as defined in Section 860F(a)(2) of the Code) imposed on any REMIC relating to the exercise of the option provided in this Section 3.27 shall in no event be payable by the Trustee.

ARTICLE IV

PAYMENTS TO CERTIFICATEHOLDERS

Section 4.01. Distributions.

(a) The Trustee shall establish and maintain a Certificate Account, in which the Master Servicer shall cause to be deposited on behalf of the Trustee on or before 5:00 P.M. New York time on each Certificate Account Deposit Date by wire transfer of immediately available funds an amount equal to the sum of (i) any Advance for the immediately succeeding Distribution Date, (ii) any amount required to be deposited in the Certificate Account pursuant to Sections 3.10, 3.13 or 3.23, (iii) all other amounts constituting the Available Distribution Amount for the immediately succeeding Distribution Date, (iv) amounts payable by the Trust to the Supplemental Interest Trust in respect of Net Swap Payments and Swap Termination Payments other than Swap Termination Payments resulting from a Swap Provider Trigger Event and (v) any amounts on deposit in the Custodial Account representing Prepayment Charges collected by the Master Servicer (and any Master Servicer Prepayment Charge Payment Amounts paid by, or collected on behalf of the Trust Fund by, the Master Servicer or any Sub-Servicer), other than any such Prepayment Charges or Master Servicer Prepayment Charge Payment Amounts relating to Principal Prepayments that occurred after the end of the related Prepayment Period.

On each Distribution Date, prior to making any other distributions referred to in Section 4.01 herein, the Trustee shall withdraw from the Certificate Account and pay itself any income earned on retention of amounts on deposit in the Certificate Account for such Distribution Date and any other amounts payable to it hereunder.

On each Distribution Date, prior to making any other distributions referred to in Section 4.01 herein, the Trustee shall withdraw from the Certificate Account and pay to the Certificate Insurer from the interest collections in the Available Distribution Amount, by wire transfer of immediately available funds, the Policy Premium for such Distribution Date. The Trustee shall deposit any amounts received from the Certificate Insurer pursuant to the Certificate Guaranty Insurance Policy into the Insurance Account.

On each Distribution Date, prior to making any other distributions referred to in Section 4.01 herein, the Trustee shall withdraw from the Class M Interest Reserve Fund, to the extent of the related Class M Interest Reserve Fund Amount, an amount equal to any Net WAC Shortfall Amounts for that Distribution Date for the Holders of the related Class X-0, Xxxxx X-0, Class M-6 and Class M-7 Certificates and shall distribute such amount to the Holders of the Class X-0, Xxxxx X-0, Class M-6 and Class M-7 Certificates. Any payments to the Holders of the Class X-0, Xxxxx X-0, Class M-6 and Class M-7 Certificates in respect of related Net WAC Shortfall Amounts pursuant to the preceding sentence shall not be payments with respect to a Regular Interest in a REMIC within the meaning of Section 860G(a)(1) of the Code.

On each Distribution Date the Trustee shall distribute to each Certificateholder of record as of the next preceding Record Date (other than as provided in Section 9.01 respecting the final distribution) either in immediately available funds (by wire transfer or otherwise) to the account of such Certificateholder at a bank or other entity having appropriate facilities therefor, if such Certificateholder has so notified the Trustee at least 5 Business Days prior to the related Record Date, or otherwise by check mailed to such Certificateholder at the address of such Holder appearing in the Certificate Register, such Certificateholder’s share (based on the aggregate of the Percentage Interests represented by Certificates of the applicable Class held by such Holder) of the amounts required to be distributed to such Holder pursuant to this Section 4.01.

Net Swap Payments and Swap Termination Payments (other than Swap Termination Payments resulting from a Swap Provider Trigger Event) payable by the Supplemental Interest Trust to the Swap Provider pursuant to the Interest Rate Swap Agreement shall be deducted (without duplication) from the interest collections in the Available Distribution Amount, and to the extent of any such remaining amounts due, from the principal collections in the Available Distribution Amount, prior to any distributions to the Certificateholders. On each Distribution Date, such amounts will be remitted to the Supplemental Interest Trust, first to make any Net Swap Payment owed to the Swap Provider pursuant to the Interest Rate Swap Agreement for such Distribution Date and for prior Distribution Dates, and second to make any Swap Termination Payment (not due to a Swap Provider Trigger Event) owed to the Swap Provider pursuant to the Interest Rate Swap Agreement for such Distribution Date and for prior Distribution Dates. Any Swap Termination Payment triggered by a Swap Provider Trigger Event owed to the Swap Provider pursuant to the Interest Rate Swap Agreement will be subordinated to distributions to the Holders of the Class A, Class M and Class B Certificates and shall be paid as set forth in Section 4.01(e)(vi).

(b) On each Distribution Date, the Trustee shall withdraw from the Certificate Account that portion of Available Distribution Amount for such Distribution Date consisting of the Interest Remittance Amount, if any, for such Distribution Date, and make the following disbursements and transfers in the order of priority described below, in each case to the extent of the Interest Remittance Amount for such Class for such Distribution Date:

(i) to the Holders of the Class A Certificates, pro rata based on entitlement, the Monthly Interest Distributable Amount and any Unpaid Interest Shortfall Amount for each such Class for such Distribution Date;

(ii) from the remaining Interest Remittance Amount, to the Certificate Insurer, with respect to the Class AM Certificates, in an amount equal to (i) any amounts reimbursable to the Certificate Insurer for the interest portion of any Insured Payment made pursuant to the Insurance Agreement and (ii) any unpaid Policy Premium; and

(iii) from the remaining Interest Remittance Amount, sequentially to the Class X-0, Xxxxx X-0, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8 and Class B Certificates, in that order, the Monthly Interest Distributable Amount for each such Class for such Distribution Date.

(c) On each Distribution Date (i) prior to the Stepdown Date or (ii) on or after the Stepdown Date if a Trigger Event is in effect, the Trustee shall withdraw from the Certificate Account that portion of Available Distribution Amount for such Distribution Date consisting of an amount equal to the Principal Distribution Amount and distribute to the Holders of the Class A, Class M and Class B Certificates, distributions in respect of principal to the extent of the Principal Distribution Amount remaining for such Distribution Date:

(i) concurrently on a pro rata basis, among (a) the Holders of the Class A1-A, Class A1-B and Class A1-C Certificates and (b) the Holders of the Class AM Certificates (based on (1) the aggregate Certificate Principal Balance of the Class A1-A, Class A1-B and Class A1-C Certificates in the case of clause (a) and (2) the Certificate Principal Balance of the Class AM Certificates in the case of clause (b)), with such amounts between (a) and (b) being further allocated as follows:

(a) sequentially, to the Class A1-A, Class A1-B and Class A1-C Certificates, in that order, until the Certificate Principal Balances of such Classes are reduced to zero; and

(b) to the Class AM Certificates until the Certificate Principal Balance of such Class is reduced to zero; and

(ii) from the remaining Principal Distribution Amount, sequentially, to the Class X-0, Xxxxx X-0, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8 and Class B Certificates, in that order, in each case until the Certificate Principal Balances thereof have been reduced to zero.

Except as provided below, on each distribution date (a) on or after the Stepdown Date and (b) on which a Trigger Event is not in effect, the Holders of each class of Class A, Class M and Class B Certificates shall be entitled to receive distributions in respect of principal to the extent of the Principal Distribution Amount in the following amounts and order of priority:

(i) concurrently, in an amount up to the Class A Principal Distribution Amount, pro rata among (a) the Holders of the Class A1-A, Class A1-B and Class A1-C Certificates and (b) the Holders of the Class AM Certificates (based on (1) the aggregate Certificate Principal Balance of the Class A1-A, Class A1-B and Class A1-C Certificates in the case of clause (a) and (2) the Certificate Principal Balance of the Class AM Certificates in the case of clause (b)), with such amounts between (a) and (b) being further allocated as follows:

(a) sequentially, to the Class A1-A, Class A1-B and Class A1-C Certificates, in that order, until the Certificate Principal Balances of such Classes are reduced to zero; and

(b) to the Class AM Certificates until the Certificate Principal Balance of such Class is reduced to zero; and

(ii) from the remaining Principal Distribution Amount, sequentially, to the Class X-0, Xxxxx X-0, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8 and Class B Certificates, in that order, in an amount up to the Subordinated Class Principal Distribution Amount for each such Class, in each case until the Certificate Principal Balances thereof have been reduced to zero.

(d) Notwithstanding the foregoing, to the extent any Net Swap Payment or Swap Termination Payment with respect to the Interest Rate Swap Agreement is payable from principal collections, Principal Distribution Amounts will be deemed paid to the most subordinate class of Certificates (other than the Class R Certificates and Class P Certificates), until the Certificate Principal Balance thereof has been reduced to zero.

(e) On each Distribution Date the Net Monthly Excess Cashflow shall be distributed in the following order of priority:

(i) to the Certificate Insurer, with respect to the Class AM Certificates, in an amount equal to (i) any amounts reimbursable to the Certificate Insurer for Insured Payments made pursuant to the Insurance Agreement and (ii) any unpaid Policy Premium;

(ii) from the portion of Net Monthly Excess Cashflow otherwise distributable to each of the Class C Certificates, to the Holders of the Class A, Class M and Class B Certificates then entitled to receive distributions in respect of principal, up to an amount equal to any Extra Principal Distribution Amount, payable to such Holders as part of the Principal Distribution Amount as described under Section 4.01(c) above, as applicable;

(iii) sequentially, first, concurrently, to the Holders of the Class A1-A, Class A1-B and Class A1-C Certificates, pro rata; and second, to the Class AM Certificates, in each case up to an amount equal to any Allocated Realized Loss Amount for each such Class;

(iv) sequentially, to the Holders of the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8 and Class B Certificates, in that order, up to an amount equal to the sum of the Unpaid Interest Shortfall Amount and the Allocated Realized Loss Amount (such amount to be applied first to cover Unpaid Interest Shortfall Amount for such Class and second to cover Allocated Realized Loss Amount for such Class) for each such Class;

(v) from the portion of Net Monthly Excess Cashflow otherwise distributable to the Class C Certificates, to the Net WAC Shortfall Reserve Fund, (i) first, to pay the Class A, Class M and Class B Certificates, on a pro rata basis, based on the Certificate Principal Balances thereof, to the extent needed to pay any Net WAC Shortfall Amount for each such Class (and, in the case of the Class X-0, Xxxxx X-0, Class M-6 and Class M-7 Certificates, to the extent not covered by the related Class M Interest Reserve Fund Amount) and to the extent such amount exceeds the amounts then on deposit in the Net WAC Shortfall Reserve Fund; provided that any Net Monthly Excess Cashflow remaining after such allocation to pay any such Net WAC Shortfall Amount based on the Certificate Principal Balances of the Class A, Class M and Class B Certificates will be distributed to each such Class of Certificates with respect to which there remains any unpaid Net WAC Shortfall Amount, pro rata, based on the amount of such unpaid Net WAC Shortfall Amount to the extent such amount exceeds the amounts then on deposit in the Net WAC Shortfall Reserve Fund, and (ii) second, to maintain a balance in the Net WAC Shortfall Reserve Fund equal to the Net WAC Shortfall Reserve Fund Deposit;

(vi) to the Supplemental Interest Trust for payment to the Swap Provider any Swap Termination Payments with respect to the Interest Rate Swap Agreement owed to the Swap Provider due to a Swap Provider Trigger Event not previously paid;

(vii) to the Certificate Insurer, any remaining amounts owed to the Certificate Insurer under the Insurance Agreement;

(viii) to the Holders of the Class C Certificates, an amount equal to the Class C Distribution Amount, reduced by amounts distributed in clauses (ii) and (v) above; and

(ix) to the Class R Certificates, any remaining amounts.

(f) On or before each Distribution Date, the Trustee shall distribute from (i) the amounts received from the Swap Provider pursuant to the Interest Rate Swap Agreement in respect of any Net Swap Payment and (ii) amounts received from the Cap Counterparties pursuant to the Cap Contracts (other than any Derivative Termination Payments relating to such Cap Contract), in each case then on deposit in the Derivative Account and after distributions pursuant to Sections 4.01(b) and 4.01(e)(i)-(v), to the Class A, Class M and Class B Certificates in the following order of priority:

(i) concurrently to the Holders of the Class A Certificates, pro rata, based on entitlement, an amount equal to any Unpaid Interest Shortfall Amount for such Class or Classes, in each case solely to the extent the Unpaid Interest Shortfall Amount is as a result of the interest portion of Realized Losses;

(ii) sequentially, to the Holders of the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8 and Class B Certificates, in that order, up to an amount equal to any Unpaid Interest Shortfall Amount for such Class or Classes, in each case solely to the extent the Unpaid Interest Shortfall Amount is as a result of the interest portion of Realized Losses;

(iii) to the Holders of the Class A, Class M and Class B Certificates, up to an amount equal to any portion of the Extra Principal Distribution Amount not covered by any Net Monthly Excess Cashflow on that Distribution Date and solely to the extent the payment of the Extra Principal Distribution Amount is as a result of current or prior period Realized Losses, to be included in the Principal Distribution Amount for that Distribution Date and payable to such Holders as part of the Principal Distribution Amount as described under Sections 4.01(c) above, as applicable;

(iv) to the Net WAC Reserve Fund, (i) first, to pay Net WAC Shortfall Amounts to the Holders of the Class A, Class M and Class B Certificates, on a pro rata basis, based on the aggregate amount of Net WAC Shortfall Amounts for such Class(es) of Class A, Class M and Class B Certificates remaining unpaid (and, in the case of the Class X-0, Xxxxx X-0, Class M-6 and Class M-7 Certificates, to the extent not covered by the related Class M Interest Reserve Fund Amount) and (ii) second, to maintain a balance in the Net WAC Shortfall Reserve Fund equal to the Net WAC Shortfall Reserve Fund Deposit;

(v) sequentially, first, concurrently, to the Holders of the Class A1-A, Class A1-B and Class A1-C Certificates, pro rata; and second, to the Class AM Certificates, in each case up to an amount equal to any Allocated Realized Loss Amount for each such Class; and

(vi) sequentially to the Holders of the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8 and Class B Certificates, in that order, up to an amount equal to any Allocated Realized Loss Amount for such Class or Classes.

(g) On each Distribution Date, all amounts representing Prepayment Charges in respect of the Mortgage Loans received during the related Prepayment Period and identified on the Mortgage Loan Schedule attached as Exhibit H as belonging to the Class P Certificateholder and any Master Servicer Prepayment Charge Amounts paid by the Master Servicer during the related Prepayment Period will be withdrawn from the Certificate Account and distributed by the Trustee to the Holders of the Class P Certificates and shall not be available for distribution to the Holders of any other Class of Certificates. The payment of the foregoing amounts to the Holders of the Class P Certificates shall not reduce the Certificate Principal Balances thereof.

(h) Each distribution with respect to a Book-Entry Certificate shall be paid to the Depository, as Holder thereof, and the Depository shall be responsible for crediting the amount of such distribution to the accounts of its Depository Participants in accordance with its normal procedures. Each Depository Participant shall be responsible for disbursing such distribution to the Certificate Owners that it represents and to each indirect participating brokerage firm (a “brokerage firm” or “indirect participating firm”) for which it acts as agent. Each brokerage firm shall be responsible for disbursing funds to the Certificate Owners that it represents. None of the Trustee, the Depositor or the Master Servicer shall have any responsibility therefor except as otherwise provided by this Agreement or applicable law.

(i) The Trustee, upon written direction of the Master Servicer, shall invest or cause the institution maintaining the Certificate Account to invest the funds in the Certificate Account in Permitted Investments designated in the name of the Trustee for the benefit of the Certificateholders, which shall mature not later than the Distribution Date next following the date of such investment and shall not be sold or disposed of prior to maturity. All income and gain realized from any such investment shall be for the benefit of the Master Servicer and shall be subject to its withdrawal or order from time to time. The amount of any losses incurred in respect of any such investments shall be deposited in the Certificate Account by the Master Servicer out of its own funds immediately as realized without any right of reimbursement.

(j) Except as otherwise provided in Section 9.01, if the Master Servicer anticipates that a final distribution with respect to any Class of Certificates will be made on the next Distribution Date, the Master Servicer shall, no later than the 15th day of the month in the month of such final distribution (or if such 15th day is not a Business Day, the Business Day immediately preceding such 15th day), notify the Trustee and the Trustee shall, no later than two (2) Business Days after such date, mail on such date to each Holder of such Class of Certificates a notice to the effect that: (i) the Trustee anticipates that the final distribution with respect to such Class of Certificates will be made on such Distribution Date but only upon presentation and surrender of such Certificates at the office of the Trustee or as otherwise specified therein, and (ii) no interest shall accrue on such Certificates from and after the end of the prior calendar month.

100

Any funds not distributed to any Holder or Holders of Certificates of such Class on such Distribution Date because of the failure of such Holder or Holders to tender their Certificates shall, on such date, be set aside and held in trust and credited to the account of the appropriate non-tendering Holder or Holders. If any Certificates as to which notice has been given pursuant to this Section 4.01(j) shall not have been surrendered for cancellation within six months after the time specified in such notice, the Trustee shall mail a second notice to the remaining non-tendering Certificateholders to surrender their Certificates for cancellation in order to receive the final distribution with respect thereto. If within six months after the second notice all such Certificates shall not have been surrendered for cancellation, the Trustee shall take reasonable steps as directed by the Depositor, or appoint an agent to take reasonable steps, to contact the remaining non-tendering Certificateholders concerning surrender of their Certificates. The costs and expenses of maintaining the funds in trust and of contacting such Certificateholders shall be paid out of the assets remaining in the Trust Fund. If within nine months after the second notice any such Certificates shall not have been surrendered for cancellation, the Class R Certificateholders shall be entitled to all unclaimed funds and other assets which remain subject hereto. No interest shall accrue or be payable to any Certificateholder on any amount held in trust as a result of such Certificateholder's failure to surrender its Certificate(s) for final payment thereof in accordance with this Section 4.01(j).

Section 4.02. Statements to Certificateholders.

(a) On each Distribution Date, based, as applicable, on information provided to it by the Master Servicer, the Trustee shall prepare and make available on the Trustee’s website, which shall initially be located at “xxxxx://xxx.xxx.xx.xxx/xxxx” (assistance in using the website can be obtained by calling the Trustee’s customer service desk at (000) 000-0000), to each Holder of the Regular Certificates, the Certificate Insurer, the Swap Provider, the Master Servicer and the Rating Agencies, a statement as to the distributions made on such Distribution Date setting forth the following:

(i) the applicable record dates, accrual periods, determination dates for calculating distributions and general distributions dates;

(ii) the total cash flows received and the general sources thereof;

(iii) the amount of any Net Swap Payment and any amount from the Cap Contracts payable to the Supplemental Interest Trust, any Net Swap Payment payable to the Swap Provider, any Swap Termination Payment payable to the Supplemental Interest Trust and any Swap Termination Payment payable to the Swap Provider;

(iv) (A) the amount of the distribution made on such Distribution Date to the Holders of each Class of Regular Certificates, separately identified, allocable to principal and (B) the amount of the distribution made on such Distribution Date to the Holders of the Class P Certificates allocable to Prepayment Charges and Master Servicer Prepayment Charge Payment Amounts;

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(v) the amount of the distribution made on such Distribution Date to the Holders of each Class of Regular Certificates (other than the Class P Certificates) allocable to interest, separately identified;

(vi) the Pass-Through Rate on each Class of Regular Certificates (other than the Class P Certificates) for such Distribution Date;

(vii) the aggregate amount of Advances for such Distribution Date (including the general purpose of such Advances), the aggregate amount of unreimbursed Advances at the close of business on the Distribution Date, and the general source of funds for reimbursements;

(viii) the number and Aggregate Stated Principal Balance of the Mortgage Loans as of the end of the related Due Period, including the number and Aggregate Stated Principal Balance of the Subsequent Mortgage Loans as of the end of the related Due Period;

(ix) the Overcollateralization Release Amount and the Overcollateralization Deficiency Amount for such Distribution Date;

(x) the aggregate Certificate Principal Balance of each Class of Regular Certificates after giving effect to the amounts distributed on such Distribution Date (in the case of each Class of the Class A, Class M and Class B Certificates, separately identifying any reduction thereof due to the allocation of Realized Losses thereto);

(xi) the number and Stated Principal Balance of Mortgage Loans in respect of which (a) one Scheduled Payment is delinquent, (b) two Scheduled Payments are delinquent, (c) three or more Scheduled Payments are delinquent and (d) foreclosure proceedings have been commenced, in each case as of the end of the calendar month prior to such Distribution Date;

(xii) the number, aggregate principal balance and book value of any REO Properties as of the close of business on the last day of the calendar month preceding the month in which such Distribution Date occurs;

(xiii) the weighted average remaining term to maturity, weighted average Mortgage Rate and weighted average Net Mortgage Rate of the Mortgage Loans as of the close of business on the first day of the calendar month in which such Distribution Date occurs;

(xiv) the aggregate amount of Principal Prepayments made during the related Prepayment Period;

(xv) the aggregate amount of Realized Losses incurred during the related Prepayment Period and the cumulative amount of Realized Losses;

(xvi) if applicable, material modifications, extensions or waivers to Mortgage Loan terms, fees, penalties or payments during the preceding calendar month or that have become material over time;

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(xvii) the aggregate amount of extraordinary Trust Fund expenses withdrawn from the Custodial Account or the Certificate Account for such Distribution Date;

(xviii) the aggregate amount of any Prepayment Interest Shortfalls for such Distribution Date, to the extent not covered by payments by the Master Servicer or a Sub-Servicer pursuant to Section 3.23, and the aggregate amount of Relief Act Interest Shortfalls for such Distribution Date;

(xix) the Monthly Interest Distributable Amount in respect of each Class of the Class A, Class M and Class B Certificates for such Distribution Date and the Unpaid Interest Shortfall Amount, if any, with respect to each Class of Class A, Class M and Class B Certificates for such Distribution Date;

(xx) (A) the Overcollateralization Target Amount, (B) the Overcollateralized Amount and (C) the amount, if any, by which the Overcollateralization Target Amount exceeds the Overcollateralized Amount, in each case after giving effect to the distribution made on the Regular Certificates on such Distribution Date;

(xxi) the aggregate amount of servicing compensation received by the Master Servicer with respect to the related Due Period and such other customary information as the Trustee deems necessary or desirable, or which a Certificateholder reasonably requests, to enable Certificateholders to prepare their tax returns;

(xxii) the aggregate of any deposits to and withdrawals from the Net WAC Shortfall Reserve Fund for such Distribution Date and the remaining amount on deposit in the Net WAC Shortfall Reserve Fund after such deposits and withdrawals;

(xxiii) the Available Distribution Amount for such Distribution Date;

(xxiv) the Policy Premium paid, the Insured Amount, if any, paid by the Certificate Insurer under the Certificate Guaranty Insurance Policy for such Distribution Date, the aggregate amount of unpaid Policy Premiums for all prior Distribution Dates and the aggregate Insured Amounts for all prior Distribution Dates paid by the Certificate Insurer under the Certificate Guaranty Insurance Policy and not yet reimbursed;

(xxv) for the Class X-0, Xxxxx X-0, Class M-6 and Class M-7 Certificates, any related deposits to and withdrawals from the Class M Interest Reserve Fund;

(xxvi) the amount withdrawn from the Pre-Funding Account and the Interest Coverage Accounts and used to make payments to Certificateholders on that Distribution Date, the amount remaining on deposit in the Pre-Funding Accounts and Interest Coverage Account following such Distribution Date, and the amount withdrawn from the Pre-Funding Account used to buy certain Subsequent Mortgage Loans prior to such Distribution Date;

(xxvii) updated pool composition data including the following: average loan balance, weighted average mortgage rate, weighted average loan-to-value ratio at origination, weighted average FICO at origination, and weighted average remaining term; and

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(xxviii) information about any additions of, substitutions for or removal of any Mortgage Loans from the Trust Fund, and any changes in the underwriting, acquisition or selection criteria as to any Mortgage Loans added to the Trust Fund.

In the case of information furnished pursuant to subclauses (ii) and (iv) above, the amounts shall also be expressed as a dollar amount per Single Certificate.

On each Distribution Date the Trustee shall provide Bloomberg Financial Markets, L.P. (“Bloomberg”) CUSIP level factors for each Class of Certificates as of such Distribution Date, using a format and media mutually acceptable to the Trustee and Bloomberg.

Within a reasonable period of time after the end of each calendar year, the Trustee shall prepare and forward, to each Person who at any time during the calendar year was a Holder of a Certificate, a statement containing the information set forth in subclauses (ii) and (iv) above, aggregated for such calendar year or applicable portion thereof during which such person was a Certificateholder. Such obligation of the Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code and regulations thereunder as from time to time are in force.

On each Distribution Date the Trustee shall prepare and make available on the Trustee’s website (or deliver at the recipient's option), to each Holder of a Class R Certificate a copy of the reports forwarded to the other Certificateholders on such Distribution Date.

Within a reasonable period of time after the end of each calendar year, the Trustee shall prepare and forward, to each Person who at any time during the calendar year was a Holder of a Class R Certificate a statement containing the information provided pursuant to the previous paragraph aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Code as from time to time are in force.

The location of the Trustee’s website and the procedures used therein are subject to change from time to time at the Trustee’s discretion. The Trustee shall have the right to change the way monthly distribution statement are distributed in order to make such distribution more convenient and/or more accessible to the above parties. The Trustee shall be entitled to conclusively rely on but shall not be responsible for the content or accuracy of any information provided by third parties for purposes of preparing the monthly statement, and may affix thereto any disclaimer it deems appropriate in its reasonable discretion (without suggesting liability on the part of any other party hereto). As a condition to access the Trustee’s website, the Trustee may require registration and the acceptance of a disclaimer. Notwithstanding anything to the contrary set forth in this Agreement, the parties hereto acknowledge that in connection with the Trustee’s preparation of the foregoing reports, the Trustee will rely solely upon the information provided to it in the Remittance Reports.

Section 4.03. Remittance Reports; Advances by the Master Servicer.

(a) On the 19^th calendar day of the month (but in any event no later than the 21st calendar day of the month), the Master Servicer shall deliver to the Trustee a report, prepared as of the close of business on the Business Day preceding such Determination Date (the “Remittance Report”), in the form of an electromagnetic tape, disk or such other electronic format agreeable to both parties. The Remittance Report and any written information supplemental thereto shall include such information with respect to the Mortgage Loans that is required by the Trustee for purposes of making the calculations and preparing the statement described in Sections 4.01 and 4.02, as set forth in written specifications or guidelines issued by the Trustee from time to time. The Trustee shall have no obligation to recompute, recalculate or verify any information provided to it by the Master Servicer.

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(b) The Master Servicer shall determine the aggregate amount of Advances required to be made for the related Distribution Date, which shall be in an aggregate amount equal to the sum of (1) the aggregate amount of Monthly Payments, other than Balloon Payments, (with each interest portion thereof adjusted to the Mortgage Rate less the sum of the Master Servicing Fee Rate, the Sub-Servicing Fee Rate and any applicable PMI Insurer Fee Rate, and less the amount of any reductions in the amount of interest collectable from the Mortgagor pursuant to the Relief Act, on the Outstanding Mortgage Loans as of the related Due Date, which Monthly Payments were delinquent as of the close of business as of the related Determination Date) plus (2) with respect to each Balloon Loan delinquent in respect of its Balloon Payment as of the close of business on the related Determination Date, an amount equal to the assumed Monthly Payment (net of the related Master Servicing Fees and Sub-Servicing Fees) that would have been due on the related Due Date based on the original principal amortization scheduled for such Balloon Loan until such Balloon Loan is finally liquidated; provided that no Advance shall be made if it would be a Nonrecoverable Advance. On or before 4:00 P.M. New York time on each Certificate Account Deposit Date, the Master Servicer shall either (i) deposit in the Certificate Account from its own funds, or funds received therefor from the Sub-Servicers, an amount equal to the Advances to be made by the Master Servicer or any Sub-Servicers in respect of the related Distribution Date, (ii) withdraw from amounts on deposit in the Custodial Account and deposit in the Certificate Account all or a portion of the amounts held for future distribution in discharge of any such Advance, or (iii) make advances in the form of any combination of (i) and (ii) aggregating the amount of such Advance. Any portion of the amounts held for future distribution so used shall be replaced by the Master Servicer (to the extent not previously replaced by late collections of Monthly Payments in respect of which such Advance was made) by deposit in the Certificate Account on or before 1:00 P.M. New York time on any future Certificate Account Deposit Date to the extent that funds attributable to the Mortgage Loans that are available in the Custodial Account for deposit in the Certificate Account on such Certificate Account Deposit Date shall be less than payments to Certificateholders required to be made on the following Distribution Date. The amount of any reimbursement pursuant to Section 3.11 in respect of outstanding Advances on any Distribution Date shall be allocated to specific Monthly Payments due but delinquent for previous Due Periods, which allocation shall be made, to the extent practicable, to Monthly Payments which have been delinquent for the longest period of time. Such allocations shall be conclusive for purposes of reimbursement to the Master Servicer from recoveries on related Mortgage Loans pursuant to Section 3.11. The determination by the Master Servicer that it has made a Nonrecoverable Advance or that any proposed Advance, if made, would constitute a Nonrecoverable Advance, shall be evidenced by a certificate of a Servicing Officer delivered to the Sponsor, the Certificate Insurer and the Trustee with the Remittance Report. The Trustee shall deposit all funds it receives pursuant to this Section 4.03 into the Certificate Account.

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(c) In the event that the Master Servicer determines as of any Certificate Account Deposit Date that it will be unable to deposit in the Certificate Account an amount equal to the Advance required to be made for the immediately succeeding Distribution Date in the amount determined by the Master Servicer pursuant to paragraph (b) above, it shall give notice to the Trustee of its inability to Advance (such notice may be given by telecopy), not later than 4:00 P.M., New York time, on such date, specifying the portion of such amount that it will be unable to deposit. Not later than 4:00 P.M., New York time, on the earlier of (x) two Business Days following such Certificate Account Deposit Date or (y) the Business Day preceding the related Distribution Date, unless by such time the Master Servicer shall have directly or indirectly deposited in the Certificate Account the entire amount of the Advances required to be made for the related Distribution Date, pursuant to Section 7.01, the Trustee shall (a) terminate all of the rights and obligations of the Master Servicer under this Agreement in accordance with Section 7.01 and (b) assume the rights and obligations of the Master Servicer hereunder, including the obligation to deposit in the Certificate Account an amount equal to the Advance for the immediately succeeding Distribution Date.

The Master Servicer and the Sub-Servicer shall in all cases have a right prior to the Certificateholders to any particular funds on deposit in the Custodial Account from time to time for the reimbursement or payment of its Servicing Fee, Advances, Servicing Advances and any amounts reimbursable thereto in accordance with Section 3.11 of this Agreement, but only if and to the extent such amounts are to be reimbursed or paid from such particular funds on deposit in the Custodial Account pursuant to the express terms of this Agreement.

Section 4.04. Distributions on the REMIC Regular Interests.

(a) On each Distribution Date, the Trustee shall cause the following amounts, in the following order of priority, to be distributed by REMIC 1 to REMIC 2 on account of the REMIC 1 Regular Interests or withdrawn from the Certificate Account and distributed to the Holders of the Class R Certificates (in respect of the Class R-1 Interest), as the case may be:

(i) from the Available Distribution Amount for such Distribution Date to holders of the REMIC 1 Regular Interests, pro rata, in an amount equal to (A) the Uncertificated Accrued Interest for such REMIC 1 Regular Interests for such Distribution Date, plus (B) any amounts payable in respect thereof remaining unpaid from previous Distribution Dates;

(ii) from the Available Distribution Amount for such Distribution Date remaining after the distribution made pursuant to clause (i) above, first, to the holders of REMIC 1 Regular Interest OC, until the Uncertificated Principal Balance thereof is reduced to zero, and second, to holders of REMIC 1 Regular Interests 1-1-A through 1-60-B, starting with the lowest numerical denomination, until the Uncertificated Principal Balance of each such REMIC 1 Regular Interest is reduced to zero, provided that, for REMIC 1 Regular Interests with the same numerical denomination, such payments of principal shall be allocated pro rata between such REMIC 1 Regular Interests;

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(iii) to holders of REMIC 1 Regular Interest P, (A) all amounts representing Prepayment Charges received during the related Prepayment Period that are identified as belonging to the Class P Certificates on the attached Mortgage Loan Schedule, and (B) on the Distribution Date immediately following the expiration of the latest Prepayment Charge as identified as belonging to the Class P Certificates on the attached Mortgage Loan Schedule or any Distribution Date thereafter, any remaining Available Distribution Amount, until an amount equal to the initial Uncertificated Principal Balance of such REMIC 1 Regular Interest has been distributed pursuant to this clause; and

(iv) any remaining amount to the Holders of the Class R Certificates (in respect of the Class R-1 Interest).

(b) On each Distribution Date, the following amounts, in the following order of priority, shall be distributed by REMIC 2 to REMIC 3 on account of the REMIC 2 Regular Interests or withdrawn from the Certificate Account and distributed to the Holders of the Class R Certificates (in respect of the Class R-2 Interest), as the case may be:

(i) from the Available Distribution Amount for such Distribution Date to holders of REMIC 2 Regular Interest IO, in an amount equal to (A) the Uncertificated Accrued Interest for such REMIC 2 Regular Interest for such Distribution Date, plus (B) any amounts in respect thereof remaining unpaid from previous Distribution Dates;

(ii) to the extent of the Available Distribution Amount for such Distribution Date remaining after the distribution pursuant to clause (i), to holders of each REMIC 2 Regular Interest (other than REMIC 2 Regular Interest IO), pro rata, in an amount equal to (A) the Uncertificated Accrued Interest for such REMIC 2 Regular Interest for such Distribution Date, plus (B) any amounts in respect thereof remaining unpaid from previous Distribution Dates. Amounts payable as Uncertificated Accrued Interest in respect of REMIC 2 Regular Interest ZZ and REMIC 2 Regular Interest P shall be reduced when the REMIC 2 Overcollateralized Amount is less than the REMIC 2 Overcollateralization Target Amount, by the lesser of (x) the amount of such difference and (y) the Maximum Uncertificated Accrued Interest Deferral Amount, and such amount will be payable to holders of each REMIC 2 Regular Interest for which a Class A, Class M or Class B Certificate is the Corresponding Certificate in the same proportion as the Extra Principal Distribution Amount is allocated to the Corresponding Certificates for each such REMIC 2 Regular Interest, and the Uncertificated Principal Balance of REMIC 2 Regular Interest ZZ shall be increased by such amount;

(iii) to the extent of the Available Distribution Amount for such Distribution Date remaining after the distributions pursuant to clauses (i) and (ii), to holders of REMIC 2 Regular Interests (other than REMIC 2 Regular Interests IO and P), allocated as follows:

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(A) 98.00% of such remainder to holders of REMIC 2 Regular Interest AA, until the Uncertificated Principal Balance of such REMIC 2 Regular Interest is reduced to zero; and

(B) 2.00% of such remainder, first, to holders of each REMIC 2 Regular Interest for which a Class A, Class M or Class B Certificate is the Corresponding Certificate, in an aggregate amount equal to 1% of and in the same proportion as principal payments are allocated to the Corresponding Certificates for each such REMIC 2 Regular Interest, until the Uncertificated Principal Balances of such REMIC 2 Regular Interests are reduced to zero; and second, to the holders of REMIC 2 Regular Interest ZZ, until the Uncertificated Principal Balance of such REMIC 2 Regular Interest is reduced to zero;

(iv) to holders of REMIC 2 Regular Interest P, (A) all amounts representing Prepayment Charges distributed on REMIC 1 Regular Interest P, and (B) on the Distribution Date immediately following the expiration of the latest Prepayment Charge as identified as belonging to the Class P Certificates on the attached Mortgage Loan Schedule or any Distribution Date thereafter, any remaining Available Distribution Amount distributed in respect of REMIC 1 Regular Interest P, until an amount equal to the initial Uncertificated Principal Balance of such REMIC 2 Regular Interest has been distributed pursuant to this clause; and

(v) any remaining amount to the Holders of the Class R Certificates (in respect of the Class R-3 Interest).

(c) On each Distribution Date, interest shall be deemed payable from REMIC 3 to the holders of each REMIC 3 Regular Interest the ownership of which is represented by the Class A, Class M and Class B Certificates at a pass-through rate equal to the lesser of (i) the Pass-Through Rate for the Corresponding Certificate determined without regard to the related Net WAC Rate and (ii) the Net WAC Rate for the REMIC 3 Regular Interest the ownership of which is represented by the Corresponding Certificate for such Distribution Date, in each case on a principal balance equal to the Certificate Principal Balance of the Corresponding Certificate for such Distribution Date. For the avoidance of doubt, principal shall be payable to, and shortfalls, losses and prepayments shall be allocable to, the REMIC 3 Regular Interests the ownership of which is represented by the Class A, Class M and Class B Certificates as such amounts are payable and allocable to the Corresponding Certificates.

(d) On each Distribution Date, the amounts distributed pursuant to Sections 4.01(e)(ii), (v) and (vii) on such date shall be deemed distributed from REMIC 3 to Holders of the Class C Certificates in respect of the Class C Distribution Amount.

(e) On each Distribution Date, 100% of the amounts deemed distributed on REMIC 2 Regular Interest IO shall be deemed distributed by REMIC 3 in respect of the Class IO Interest for deposit into the Supplemental Interest Trust.

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Section 4.05. Allocation of Realized Losses.

(a) All Realized Losses on the Mortgage Loans shall be allocated by the Trustee on each Distribution Date as follows: first, to Net Monthly Excess Cashflow, through a distribution of the Extra Principal Distribution Amount for that Distribution Date; second, to the Overcollateralized Amount by a reduction of the Certificate Principal Balance of the Class C Certificates, until the Certificate Principal Balance thereof has been reduced to zero; third, to the Class B Certificates, until the Certificate Principal Balance thereof has been reduced to zero; second, to the Class M-8 Certificates, until the Certificate Principal Balance thereof has been reduced to zero; third, to the Class M-7 Certificates, until the Certificate Principal Balance thereof has been reduced to zero; fourth, to the Class M-6 Certificates, until the Certificate Principal Balance thereof has been reduced to zero; fifth, to the Class M-5 Certificates, until the Certificate Principal Balance thereof has been reduced to zero; sixth, to the Class M-4 Certificates, until the Certificate Principal Balance thereof has been reduced to zero; seventh, to the Class M-3 Certificates, until the Certificate Principal Balance thereof has been reduced to zero; eighth, to the Class M-2 Certificates, until the Certificate Principal Balance thereof has been reduced to zero; and ninth to the Class M-1 Certificates, until the Certificate Principal Balance thereof has been reduced to zero; thereafter, any Realized Losses on the Mortgage Loans will be allocated on any Distribution Date first to the Class AM Certificates until its Certificate Principal Balance has been reduced to zero (provided, however, that any Realized Loss applied to the Class AM Certificates will be covered by the Certificate Guaranty Insurance Policy) and second to the Class A1-A, Class A1-B and Class A1-C Certificates, on a pro rata basis, based on the Certificate Principal Balances thereof, in each case in reduction of the Certificate Principal Balances thereof, until reduced to zero.

(b) Any allocation of Realized Losses to a Class A, Class M and Class B Certificate on any Distribution Date shall be made by reducing the Certificate Principal Balance thereof by the amount so allocated. Any allocation of Realized Losses to Net Monthly Excess Cashflow shall be made by reducing the amount otherwise payable in respect of the Class C Certificates pursuant to Section 4.01(e)(vii), and any allocation of Realized Losses to the Overcollateralized Amount shall be made by reducing the Certificate Principal Balance of the Class C Certificates by the amount so allocated.

(c) All Realized Losses on the Mortgage Loans shall be allocated on each Distribution Date, first, to REMIC 1 Regular Interest OC, until the Uncertificated Principal Balance thereof has been reduced to zero, and second, to REMIC 1 Regular Interest I-1-A through REMIC 1 Regular Interest 1-60-B, starting with the lowest numerical denomination, until the Uncertificated Principal Balance of each such REMIC 1 Regular Interest has been reduced to zero, provided that, for REMIC 1 Regular Interests with the same numerical denomination, such Realized Losses shall be allocated pro rata between such REMIC 1 Regular Interests, and third, to REMIC 1 Regular Interest P until the Uncertificated Principal Balance thereof has been reduced to zero.

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(d) All Realized Losses on the Mortgage Loans shall be allocated by the Trustee on each Distribution Date to the following REMIC 2 Regular Interests in the following specified percentages: first, to Uncertificated Accrued Interest payable to the REMIC 2 Regular Interest AA and REMIC 2 Regular Interest ZZ up to an aggregate amount equal to the REMIC 2 Interest Loss Allocation Amount (without duplication of shortfalls allocated pursuant to Section 1.03), 98.00% and 2.00%, respectively, and to the extent of any amount equal to the REMIC 2 Interest Loss Allocation Amount remaining after the foregoing allocations to REMIC 2 Regular Interests AA and ZZ, to Uncertificated Accrued Interest payable to REMIC 2 Regular Interest P to the extent of such remaining amount; second, to the Uncertificated Principal Balances of the REMIC 2 Regular Interest AA and REMIC 2 Regular Interest ZZ up to an aggregate amount equal to the REMIC 2 Principal Loss Allocation Amount, 98.00% and 2.00%, respectively; third, to the Uncertificated Principal Balances of REMIC 2 Regular Interest AA, REMIC 2 Regular Interest B and REMIC 2 Regular Interest ZZ, 98.00%, 1.00% and 1.00%, respectively, until the Uncertificated Principal Balance of REMIC 2 Regular Interest B has been reduced to zero; fourth, to the Uncertificated Principal Balances of REMIC 2 Regular Interest AA, REMIC 2 Regular Interest M-8 and REMIC 2 Regular Interest ZZ, 98.00%, 1.00% and 1.00%, respectively, until the Uncertificated Principal Balance of REMIC 2 Regular Interest M-8 has been reduced to zero; fifth, to the Uncertificated Principal Balances of REMIC 2 Regular Interest AA, REMIC 2 Regular Interest M-7 and REMIC 2 Regular Interest ZZ, 98.00%, 1.00% and 1.00%, respectively, until the Uncertificated Principal Balance of REMIC 2 Regular Interest M-7 has been reduced to zero; sixth, to the Uncertificated Principal Balances of REMIC 2 Regular Interest AA, REMIC 2 Regular Interest M-6 and REMIC 2 Regular Interest ZZ, 98.00%, 1.00% and 1.00%, respectively, until the Uncertificated Principal Balance of REMIC 2 Regular Interest M-6 has been reduced to zero; seventh, to the Uncertificated Principal Balances of REMIC 2 Regular Interest AA, REMIC 2 Regular Interest M-5 and REMIC 2 Regular Interest ZZ, 98.00%, 1.00% and 1.00%, respectively, until the Uncertificated Principal Balance of REMIC 2 Regular Interest M-5 has been reduced to zero; eighth, to the Uncertificated Principal Balances of REMIC 2 Regular Interest AA, REMIC 2 Regular Interest M-4 and REMIC 2 Regular Interest ZZ, 98.00%, 1.00% and 1.00%, respectively, until the Uncertificated Principal Balance of REMIC 2 Regular Interest M-4 has been reduced to zero; ninth, to the Uncertificated Principal Balances of REMIC 2 Regular Interest AA, REMIC 2 Regular Interest M-3 and REMIC 2 Regular Interest ZZ, 98.00%, 1.00% and 1.00%, respectively, until the Uncertificated Principal Balance of REMIC 2 Regular Interest M-3 has been reduced to zero; tenth, to the Uncertificated Principal Balances of REMIC 2 Regular Interest AA, REMIC 2 Regular Interest M-2 and REMIC 2 Regular Interest ZZ, 98.00%, 1.00% and 1.00%, respectively, until the Uncertificated Principal Balance of REMIC 2 Regular Interest M-2 has been reduced to zero; eleventh, to the Uncertificated Principal Balances of REMIC 2 Regular Interest AA, REMIC 2 Regular Interest M-1 and REMIC 2 Regular Interest ZZ, 98.00%, 1.00% and 1.00%, respectively, until the Uncertificated Principal Balance of REMIC 2 Regular Interest M-1 has been reduced to zero; twelfth, to the Uncertificated Principal Balances of REMIC 2 Regular Interest AA, REMIC 2 Regular Interest AM and REMIC 2 Regular Interest ZZ, 98.00%, 1.00% and 1.00%, respectively, until the Uncertificated Principal Balance of REMIC 2 Regular Interest AM has been reduced to zero; and thirteenth, to the Uncertificated Principal Balance of REMIC 2 Regular Interests AA, 98.00%, to the Uncertificated Principal Balances of REMIC 2 Regular Xxxxxxxxx X0-X, X0-X and A1-C, 1.00% pro rata, and to the Uncertificated Principal Balance of REMIC 2 Regular Interest ZZ, 1.00%, until the Uncertificated Principal Balances of such REMIC 2 Regular Xxxxxxxxx X0-X, X0-X and A1-C have been reduced to zero.

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Section 4.06. Information Reports to Be Filed by the Master Servicer.

The Master Servicer or the Sub-Servicers shall file information reports with respect to the receipt of mortgage interest received in a trade or business, foreclosures and abandonments of any Mortgaged Property and the information returns relating to cancellation of indebtedness income with respect to any Mortgaged Property required by Sections 6050H, 6050J and 6050P of the Code, respectively, and deliver to the Trustee an Officers’ Certificate stating that such reports have been filed. Such reports shall be in form and substance sufficient to meet the reporting requirements imposed by such Sections 6050H, 6050J and 6050P of the Code.

Section 4.07. Compliance with Withholding Requirements.

Notwithstanding any other provision of this Agreement, the Trustee shall comply with all federal withholding requirements respecting payments to Certificateholders of interest or original issue discount on the Mortgage Loans, that the Trustee reasonably believes are applicable under the Code. The consent of Certificateholders shall not be required for such withholding. In the event the Trustee withholds any amount from interest or original issue discount payments or advances thereof to any Certificateholder pursuant to federal withholding requirements, the Trustee shall, together with its monthly report to such Certificateholders pursuant to Section 4.02 hereof, indicate such amount withheld.

Section 4.08. Net WAC Shortfall Reserve Fund.

(a) On the Closing Date, the Trustee shall establish and maintain in its name, in trust for the benefit of Class A, Class M and Class B Certificates, the Net WAC Shortfall Reserve Fund. In addition, on the Closing Date, the Depositor shall deposit into the Net WAC Shortfall Reserve Fund an amount equal to the Net WAC Shortfall Reserve Fund Deposit. On each Distribution Date as to which there is a Net WAC Shortfall Amount payable to any Class of Class A, Class M and Class B Certificates, the Trustee shall deposit the amounts distributable pursuant to clause (v) of Section 4.01(e) into the Net WAC Shortfall Reserve Fund, and the Trustee has been directed by the Holders of the Class C Certificates to distribute amounts then on deposit in the Net WAC Shortfall Reserve Fund to the Holders of the Class A, Class M and Class B Certificates in respect of the Net WAC Shortfall Amounts in the priorities set forth in clause (v) of Section 4.01(e). Any amount paid to the Holders of any Class A, Class M and Class B Certificates pursuant to the preceding sentence in respect of Net WAC Shortfall Amounts from amounts distributable pursuant to clause (v) of Section 4.01(e) shall be treated as distributed to the Holders of the Class C Certificates and paid by such Holders to the Holders of such Class A, Class M and Class B Certificates. Any payments to the Holders of the Class A, Class M and Class B Certificates in respect of Net WAC Shortfall Amounts pursuant to the second preceding sentence shall not be payments with respect to a Regular Interest in a REMIC within the meaning of Code Section 860G(a)(1).

(b) The Net WAC Shortfall Reserve Fund is an “outside reserve fund” within the meaning of Treasury Regulation Section 1.860G-2(h) and shall be an asset of the Trust Fund but not an asset of any REMIC. The Trustee on behalf of the Trust shall be the nominal owner of the Net WAC Shortfall Reserve Fund. The Holders of the Class C Certificates shall be the beneficial owners of the Net WAC Shortfall Reserve Fund, pro rata, subject to the power of the Trustee to transfer amounts under Section 4.01. Amounts in the Net WAC Shortfall Reserve Fund shall, at the written direction of the Holders of the Class C Certificates be invested in Permitted Investments that mature no later than the Business Day prior to the next succeeding Distribution Date. In the absence of such written direction, all funds in the Net WAC Shortfall Reserve Fund shall remain uninvested. All net income and gain from such investments shall be distributed to the Holders of the Class C Certificates, pro rata, not as a distribution in respect of any interest in any REMIC, on each such Distribution Date. All amounts earned on amounts on deposit in the Net WAC Shortfall Reserve Fund shall be taxable to the Holders of the Class C Certificates. Any losses on such investments shall be deposited in the Net WAC Shortfall Reserve Fund by the Holders of the Class C Certificates, pro rata, out of their own funds immediately as realized.

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Section 4.09. Supplemental Interest Trust.

(i) As of the Closing Date, the Trustee, as Supplemental Interest Trust Trustee, is directed to enter into the Interest Rate Swap Agreement and the Cap Contracts and shall establish and maintain in the name of the Supplemental Interest Trust Trustee, the Supplemental Interest Trust for the benefit of the Swap Provider and the Holders of the Class A, Class M, Class B and Class C Certificates. The Supplemental Interest Trust shall hold the Interest Rate Swap Agreement, the Class IO Interest, the Cap Contracts, the Collateral Account and the Derivative Account. The Trustee shall establish an Eligible Account (the “Derivative Account”) into which the Depositor shall deposit $1,000 on the Closing Date. Funds on deposit in the Derivative Account shall be held separate and apart from, and shall not be commingled with, any other moneys, including, without limitation, other moneys of the Trustee or held pursuant to this Agreement.

(ii) On each Distribution Date, the Trustee shall deposit into the Derivative Account amounts distributable to the Supplemental Interest Trust pursuant to Sections 4.01(a) (last paragraph) and 4.01(e)(vi) of this Agreement. In addition, the Trustee shall deposit into the Derivative Account for payment to the Swap Provider the Swap Optional Termination Payment (which shall include any related Net Swap Payment payable to the Swap Provider) payable under Section 9.01. On each Distribution Date, the Trustee shall distribute any such amounts to the Swap Provider pursuant to the Interest Rate Swap Agreement, first to pay any Net Swap Payment owed to the Swap Provider for such Distribution Date or remaining unpaid from prior Distribution Dates, and second to pay any Swap Termination Payment owed to the Swap Provider for such Distribution Date or remaining unpaid from prior Distribution Dates.

(iii) On each Distribution Date, the Trustee, as Supplemental Interest Trust Trustee, shall deposit into the Derivative Account amounts received by the Supplemental Interest Trust (x) under the Interest Rate Swap Agreement from the Swap Provider and (y) under the Cap Contracts from the Cap Counterparties (other than Derivative Termination Payments related to any Cap Contract). On each Distribution Date, the Trustee shall, and the Trustee has been directed by the Holders of the Class C Certificates to, distribute from the Derivative Account an amount equal to the amount of any Net Swap Payment or Swap Termination Payment received from the Swap Provider under the Interest Rate Swap Agreement and payments received from the Cap Counterparties under the Cap Contracts (other than Derivative Termination Payments related to any Cap Contract), in the following order of priority:

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(a) first, an amount equal to the aggregate amount required under Section 4.01(f) to be distributed on such Distribution Date, to the Class A, Class M and Class B Certificateholders in accordance with Section 4.01(f) of this Agreement, and

(b) second, any remainder, to the holder of the Class C Certificates.

(iv) The Supplemental Interest Trust constitutes an “outside reserve fund” within the meaning of Treasury Regulation Section 1.860G-2(h) and shall not be an asset of any REMIC. The Holders of the Class C Certificates shall be the beneficial owner of the Supplemental Interest Trust, pro rata, subject to the power of the Trustee to transfer amounts under this Agreement. The Trustee shall keep records that accurately reflect the funds on deposit in the Derivative Account. The Trustee shall, at the written direction of the Holders of the Class C Certificates, invest amounts on deposit in the Supplemental Interest Trust in Permitted Investments that mature no later than the Business Day prior to the next succeeding Distribution Date. In the absence of such written direction, all funds in the Supplemental Interest Trust shall remain uninvested. On each Distribution Date, the Trustee shall distribute, not as a distribution in respect of any interest in any REMIC, any income or gain earned on the invested assets in the Supplemental Interest Trust to the Holders of the Class C Certificates, pro rata. All amounts earned on amounts on deposit in the Supplemental Interest Trust shall be taxable to the Holders of the Class C Certificates. Any losses on such investments shall be deposited in the Supplemental Interest Trust by the Holders of the Class C Certificates, pro rata, out of their own funds immediately as realized.

(v) For federal income tax purposes, amounts paid to the Supplemental Interest Trust on each Distribution Date pursuant to Section 4.01(a) (first and second sentences of the last paragraph) for payment to the Swap Provider with respect to the Interest Rate Swap Agreement shall first be deemed to be paid to the Supplemental Interest Trust in respect of the Class IO Interest to the extent of the amount distributable on such Class IO Interest on such Distribution Date, and shall then be deemed to be paid to the Supplemental Interest Trust in respect of a Class IO Distribution Amount as described below.

(vi) The Trustee shall treat the Holders of the Class A, Class M and Class B Certificates as having entered into a notional principal contract with respect to the Holders of the Class C Certificates. Pursuant to each such notional principal contract, all Holders of the Class A, Class M and Class B Certificates shall be treated as having agreed to pay, on each Distribution Date, to the Holder of the Class C Certificates an aggregate amount equal to the excess, if any, of (i) the amount payable on such Distribution Date on the REMIC 3 Regular Interest corresponding to such Class of Certificates over (ii) the amount payable on such Class of Certificates on such Distribution Date (such excess, a “ Class IO Distribution Amount”). A Class IO Distribution Amount payable from interest collections shall be allocated pro rata among such Certificates based on the excess of, with respect to each such Certificate, (i) the amount of interest otherwise payable to the REMIC 3 Regular Interest relating to such Certificate over (ii) the amount of interest payable to such Certificate at a per annum rate equal to the Net WAC Rate, and a Class IO Distribution Amount payable from principal collections shall be allocated to the most subordinate Class of the Class A, Class M, Class B and Class C Certificates with an outstanding principal balance to the extent of such balance. In addition, pursuant to such notional principal contract, the Holder of the Class C Certificates shall be treated as having agreed to pay Net WAC Shortfall Amounts to the Holders of the Class A, Class M and Class B Certificates from amounts received by the Supplemental Interest Trust pursuant to the Interest Rate Swap Agreement in accordance with the terms of this Agreement. Any payments deemed to be received by Holders of the Class A, Class M, Class B and Class C Certificates pursuant to this notional principal contract shall not be payments with respect to a Regular Interest in a REMIC within the meaning of Section 860G(a)(1) of the Code. However, any payment from the Class A, Class M and Class B Certificates of a Class IO Distribution Amount shall be treated for tax purposes as having been received by the Holders of such Certificates in respect of their interests in REMIC 3 and as having been paid by such Holders to the Holders of the Class C Certificates pursuant to the notional principal contract. Thus, each Class A, Class M, Class B and Class C Certificate shall be treated as representing not only ownership of a Regular Interest in REMIC 3, but also ownership of an interest in, and obligations with respect to, a notional principal contract.

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(vii) (a) Upon designation of an early termination date with respect to a Derivative Contract other than in connection with a Optional Termination, the Trustee, as Supplemental Interest Trust Trustee, at the written direction of the Depositor or the Certificate Insurer will use reasonable efforts to appoint a successor derivative counterparty to enter into a new derivative contract on terms substantially similar to such Derivative Contract with a derivative counterparty meeting all applicable eligibility requirements. The Trustee, as Supplemental Interest Trust Trustee will apply any Derivative Termination Payment received from the original derivative counterparty in connection with the early termination of such Derivative Contract to the upfront payment required to appoint the successor derivative counterparty.

If a successor derivative counterparty is not appointed within 30 days of such early termination, then the Trustee, as Supplemental Interest Trust Trustee will deposit any Derivative Termination Payment received from the original derivative counterparty in connection with the early termination of such Derivative Contract into a separate, non-interest bearing reserve account and will, on each subsequent Distribution Date, withdraw from the amount then remaining on deposit in such reserve account an amount equal to the payment, if any, that would have been paid to the Supplemental Interest Trust Trustee by the original derivative counterparty calculated in accordance with the terms of the related Derivative Contract, and distribute such amount in accordance with the terms of this Agreement.

(b) In the event that the derivative counterparty under a Derivative Contract fails to perform any of its obligations under such Derivative Contract (including, without limitation, its obligation to make any payment or transfer collateral), or breaches any of its representations and warranties thereunder, or in the event that any Event of Default, Termination Event, or Additional Termination Event (each as defined in the related Derivative Contract) occurs with respect to such Derivative Contract, the Trustee, as Supplemental Interest Trust Trustee shall, promptly following actual notice of such failure, breach or event, notify the Depositor and send any notices and make any demands, on behalf of the Supplemental Interest Trust, required to enforce the rights of the Supplemental Interest Trust under such Derivative Contract.

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In the event that a derivative counterparty’s obligations are guaranteed by a third party under a guaranty relating to a Derivative Contract (such guaranty a “Guaranty” and such third party a “Guarantor”), then to the extent that the derivative counterparty fails to make any payment by the close of business on the day it is required to make payment under the terms of such Derivative Contract, the Trustee, as Supplemental Interest Trust Trustee shall, promptly following actual notice of the derivative counterparty’s failure to pay, demand that such Guarantor make any and all payments then required to be made by such Guarantor pursuant to such Guaranty; provided that the Trustee, as Supplemental Interest Trust Trustee shall in no event be liable for any failure or delay in the performance by the Derivative Counterparty’s or such Guarantor’s of its obligations hereunder or pursuant to such Derivative Contract and the Guaranty, nor for any special, indirect or consequential loss or damage of any kind whatsoever (including but not limited to lost profits) in connection therewith.

Section 4.10. Tax Treatment of Class IO Distribution Amounts in the Event of Resecuritization of Class A, Class M or Class B Certificates.

In the event that any Class A, Class M or Class B Certificate is resecuritized in a REMIC (the “Resecuritization REMIC”), for federal income tax purposes, (i) payments on the REMIC 3 Regular Interest corresponding to such Class A, Class M or Class B Certificate shall, for the avoidance of doubt, be deemed to include the Class IO Distribution Amount, and (ii) to the extent provided in the operative documents for the Resecuritization REMIC, (a) payments on the “regular interests” issued by the Resecuritization REMIC shall be deemed to include in the aggregate such Class IO Distribution Amount, and (b) such Class IO Distribution Amount shall be deemed paid to the holder of the Class C Certificates pursuant to a notional principal contract entered into by the holders of one or more “regular interests” issued by the Resecuritization REMIC (“Resecuritization Holders”) and the Holder of the Class C Certificates. In such event, Class IO Distribution Amounts deemed paid by Resecuritization Holders under clause (b) of the immediately preceding sentence shall be paid on behalf of such holders pursuant to Section 4.09(ii) hereof.

Section 4.11. Collateral Account.

(a) The Trustee, as Supplemental Interest Trust Trustee, is hereby directed to perform the obligations of the Custodian as defined under Credit Support Annex One (the “Custodian”).

On or before the Closing Date, the Custodian shall establish the Collateral Account. The Collateral Account shall be held in the name of the Custodian in trust for the benefit of the Holders of the Class A, Class M and Class B Certificates. The Collateral Account must be an Eligible Account segregated from the Certificate Account and any other moneys of the Trustee held pursuant to this Agreement and shall be entitled “Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-3, Collateral Account, Supplemental Interest Trust Trustee, as Custodian for the benefit of holders of the Class A, Class M and Class B Certificates.”

The Custodian shall credit to Collateral Account all collateral (whether in the form of cash or securities) posted by Xxxxxx Brothers Special Financing Inc. to secure the obligations of Xxxxxx Brothers Special Financing Inc. in accordance with the terms of Credit Support Annex One. The Custodian shall maintain and apply all collateral and earnings thereon on deposit in the Collateral Account in accordance with Credit Support Annex One.

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Cash collateral posted by Xxxxxx Brothers Special Financing Inc. in accordance with Credit Support Annex One shall be invested at the written direction of Xxxxxx Brothers Special Financing Inc. in Permitted Investments in accordance with the requirements of Credit Support Annex One. All amounts earned on amounts on deposit in Collateral Account (whether cash collateral or securities) shall be for the account of and taxable to Xxxxxx Brothers Special Financing Inc. The Trustee shall not be liable for the selection of investments or investment losses incurred thereon.

Upon the occurrence of an Event of Default or Specified Condition (each as defined in the Schedule) with respect to Xxxxxx Brothers Special Financing Inc. or upon occurrence or designation of an Early Termination Date (as defined in the Schedule) as a result of any such Event of Default or Specified Condition with respect to Xxxxxx Brothers Special Financing Inc., and, in either such case, unless Xxxxxx Brothers Special Financing Inc. has paid in full all of its Obligations (as defined in Credit Support Annex One) that are then due, then any collateral posted by Xxxxxx Brothers Special Financing Inc. in accordance with Credit Support Annex One, shall be applied by the Custodian to the payment of any Obligations due to Party B (each as defined in Credit Support Annex One) in accordance with Credit Support Annex One. Any excess collateral posted by Xxxxxx Brothers Special Financing Inc. in accordance with Credit Support Annex One and remaining after payment of all amounts owing to Party B shall be withdrawn from the Collateral Account and paid to Xxxxxx Brothers Special Financing Inc. in accordance with Credit Support Annex One.

(b) The Trustee, as Supplemental Interest Trust Trustee, is hereby directed to perform the obligations of the Custodian as defined under Credit Support Annex Two (the “Custodian”).

The Custodian shall credit to Collateral Account all collateral (whether in the form of cash or securities) posted by Bear Xxxxxxx Financial Products Inc. to secure the obligations of Bear Xxxxxxx Financial Products Inc. in accordance with the terms of the Credit Support Annex Two. The Custodian shall maintain and apply all collateral and earnings thereon on deposit in the Collateral Account in accordance with Credit Support Annex Two.

Cash collateral posted by Bear Xxxxxxx Financial Products Inc. in accordance with Credit Support Annex Two shall be invested at the written direction of Bear Xxxxxxx Financial Products Inc. in Permitted Investments in accordance with the requirements of Credit Support Annex Two. All amounts earned on amounts on deposit in Collateral Account (whether cash collateral or securities) shall be for the account of and taxable to Bear Xxxxxxx Financial Products Inc. The Trustee shall not be liable for the selection of investments or investment losses incurred thereon.

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Upon the occurrence of an Event of Default or Specified Condition (each as defined in the Schedule) with respect to Bear Xxxxxxx Financial Products Inc. or upon occurrence or designation of an Early Termination Date (as defined in the Schedule) as a result of any such Event of Default or Specified Condition with respect to Bear Xxxxxxx Financial Products Inc., and, in either such case, unless Bear Xxxxxxx Financial Products Inc. has paid in full all of its Obligations (as defined in Credit Support Annex Two) that are then due, then any collateral posted by Bear Xxxxxxx Financial Products Inc. in accordance with Credit Support Annex Two, shall be applied by the Custodian to the payment of any Obligations due to Party B (each as defined in Credit Support Annex Two) in accordance with Credit Support Annex Two. Any excess collateral posted by Bear Xxxxxxx Financial Products Inc. in accordance with Credit Support Annex Two and remaining after payment of all amounts owing to Party B shall be withdrawn from the Collateral Account and paid to Bear Xxxxxxx Financial Products Inc. in accordance with Credit Support Annex Two.

Section 4.12. The Certificate Guaranty Insurance Policy.

(i) If the Trustee determines that an Insured Amount to be covered by the Certificate Guaranty Insurance Policy will exist for the related Distribution Date, the Trustee shall complete the notice in the form of Exhibit A to the Certificate Guaranty Insurance Policy (the “Notice”) and submit such Notice in accordance with the Certificate Guaranty Insurance Policy to the Certificate Insurer no later than 12:00 P.M., New York City time, on the second Business Day immediately preceding such Distribution Date, as a claim for the amount of such Insured Amount.

(ii) The Trustee shall establish and maintain the Insurance Account on behalf of the Holders of the Class AM Certificates over which the Trustee shall have the exclusive control and sole right of withdrawal. Upon receipt of an Insured Amount from the Certificate Insurer on behalf of the Holders of the Class AM Certificates, the Trustee shall deposit such Insured Amount in the Insurance Account and distribute such amount only for purposes of payment to the Class AM Certificates of the Insured Amount for which a claim was made. Any such Insured Amount may not be applied to satisfy any costs, expenses or liabilities of the Seller, the Depositor, the Trustee or the Trust Fund or to pay any other Class of Certificates. Amounts paid under the Certificate Guaranty Insurance Policy, to the extent needed to pay the Insured Amount, shall be disbursed by the Trustee to the Holders of the Class AM Certificates. It shall not be necessary for such payments to be made by checks or wire transfers separate from the checks or wire transfers used to pay other distributions to the Holders of the Class AM Certificates with other funds available to make such payment. However, the amount of any payment of principal or of interest on the Class AM Certificates to be paid from funds transferred from the Insurance Account shall be noted as provided in paragraph (d) below and in the statement to be furnished to Holders of the Class AM Certificates pursuant to Section 4.02. Funds held in the Insurance Account shall not be invested. Any funds remaining in the Insurance Account on the first Business Day following the later of (i) the related Distribution Date or (ii) the date received by the Trustee, shall be returned to the Certificate Insurer pursuant to the written instructions of the Certificate Insurer by the end of such Business Day.

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(iii) The Trustee shall keep a complete and accurate record of the amount of interest and principal paid in respect of the Class AM Certificates from moneys received under the Certificate Guaranty Insurance Policy. The Certificate Insurer shall have the right to inspect such records at reasonable times during normal business hours upon one Business Day’s prior notice to the Trustee.

(iv) In the event that the Trustee has received a certified copy of an order of the appropriate court that any Insured Amount has been voided in whole or in part as a preference payment under applicable bankruptcy law, the Trustee shall so notify the Certificate Insurer, shall comply with the provisions of the Certificate Guaranty Insurance Policy to obtain payment by the Certificate Insurer of such Preference Amount in the amount of such voided Insured Amount, and shall, at the time it provides notice to the Certificate Insurer, notify, by mail the Holders of the Class AM Certificates that, in the event any Holder’s Insured Amount is so recovered, such Holder of a Class AM Certificate will be entitled to payment pursuant to the Certificate Guaranty Insurance Policy, a copy of which shall be made available through the Trustee or the Certificate Insurer, and the Trustee shall furnish to the Certificate Insurer, its records evidencing the payments which have been made by the Trustee and subsequently recovered from the Holders of the Class AM Certificates and dates on which such payments were made.

(v) The Trustee shall promptly notify the Certificate Insurer of any proceeding or the institution of any action, of which a Responsible Officer of the Trustee has actual knowledge, seeking the avoidance as a preferential transfer under applicable bankruptcy, insolvency, receivership or similar law (a “Preference Claim”) of any distribution made with respect to the Class AM Certificates. Each Holder of a Class AM Certificate, by its purchase of such Class AM Certificate, the Depositor and the Trustee agree that the Certificate Insurer (so long as no Certificate Insurer Default exists) may at any time during the continuation of any proceeding relating to a Preference Claim direct all matters relating to such Preference Claim, including, without limitation, (i) the direction of any appeal of any order relating to such Preference Claim and (ii) the posting of any surety or performance bond pending any such appeal. In addition and without limitation of the foregoing, the Certificate Insurer shall be subrogated to, and each Holder of a Class AM Certificate and the Trustee hereby delegates and assigns to the Certificate Insurer, to the fullest extent permitted by law, the rights of the Trustee and each Holder of a Class AM Certificate in the conduct of any such Preference Claim, including, without limitation, all rights of any party to any adversary proceeding or action with respect to any court order issued in connection with any such Preference Claim.

(vi) The Trustee shall, upon retirement of the Class AM Certificates, furnish to the Certificate Insurer a notice of such retirement, and, upon retirement of the Class AM Certificates and the expiration of the term of the Certificate Guaranty Insurance Policy, surrender the Certificate Guaranty Insurance Policy to the Certificate Insurer for cancellation.

(vii) The Trustee will hold the Certificate Guaranty Insurance Policy in trust as agent for the Holders of the Class AM Certificates for the purpose of making claims thereon and distributing the proceeds thereof. Neither the Certificate Guaranty Insurance Policy nor the amounts paid on the Certificate Guaranty Insurance Policy will constitute part of the Trust Fund created by this Agreement. Each Holder of the Class AM Certificates, by accepting its Class AM Certificates, appoints the Trustee as attorney in fact for the purpose of making claims on the Certificate Guaranty Insurance Policy.

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(viii) Anything herein to the contrary notwithstanding, any payment with respect to principal of or interest on the Class AM Certificates, which is made with moneys received pursuant to the terms of the Certificate Guaranty Insurance Policy, shall not be considered payment of the Class AM Certificates from the Trust Fund. The Depositor and the Trustee acknowledge, and each Holder by its acceptance of a Class AM Certificate agrees, that without the need for any further action on the part of the Certificate Insurer, the Depositor or the Trustee (a) to the extent the Certificate Insurer makes payments, directly or indirectly, on account of principal or interest on the Class AM Certificates to the Holders of such Class AM Certificates, the Certificate Insurer will be fully subrogated to, and the Trustee and each Holder of a Class AM Certificate, hereby delegate and assign to the Certificate Insurer, to the fullest extent permitted by law, the rights of such Holders to receive such principal and interest from the Trust Fund, including, without limitation, any amounts due to the Holders of the Class AM Certificates, in respect of securities law violations arising from the offer and sale of the Class AM Certificates and (b) the Certificate Insurer shall be paid such amounts from the sources and in the manner provided herein for the payment of such amounts and as provided in this Agreement. The Trustee shall cooperate in all respects with any reasonable request by the Certificate Insurer for action to preserve or enforce the Certificate Insurer’s rights or interests under this Agreement without limiting the rights or affecting the interests of the Holders as otherwise set forth herein.

(ix) By accepting its Class AM Certificate, each Holder of a Class AM Certificate agrees that, unless a Certificate Insurer Default exists, the Certificate Insurer shall be deemed to be the Holder of the Class AM Certificate for all purposes (other than with respect to the receipt of payment on the Class AM Certificates) and shall have the right to exercise all rights (including, without limitation, voting rights) of the Holders of the Class AM Certificates under this Agreement without any further consent of the Holders of the Class AM Certificates. All notices, statement reports, certificates or opinions required by this Agreement to be sent to any Holders of Class AM Certificates shall also be sent to the Certificate Insurer.

Section 4.13. Class M Interest Reserve Fund.

(a) The Trustee shall establish and maintain in its name, in trust for the benefit of the Class X-0, Xxxxx X-0, Class M-6 and Class M-7 Certificates, the Class M Interest Reserve Fund, which shall be a segregated non-interest bearing trust account. On the Closing Date, the Depositor shall deposit into the Class M Interest Reserve Fund an amount equal to the sum of the Class M-4 Interest Reserve Fund Amount, the Class M-5 Interest Reserve Fund Amount, the Class M-6 Interest Reserve Fund Amount and the Class M-7 Interest Reserve Fund Amount. The Depositor will have no obligation to contribute additional amounts to the Class M Interest Reserve Fund after the Closing Date. The Class M Interest Reserve Fund will not receive any amounts from any Net Monthly Excess Cashflow.

On each Distribution Date as to which there is a Net WAC Shortfall Amount payable to any of the Class X-0, Xxxxx X-0, Class M-6 and Class M-7 Certificates, the Trustee shall withdraw an amount equal to such Net WAC Shortfall Amount (provided, however, that such amount shall not exceed the related Class M Interest Reserve Fund Amount) and distribute such amounts to the Holders of the Class X-0, Xxxxx X-0, Class M-6 and Class M-7 Certificates in respect of such Net WAC Shortfall Amount for each such Class in accordance with the fourth paragraph of Section 4.01(a). Any amount paid to the Holders of any Class X-0, Xxxxx X-0, Class M-6 and Class M-7 Certificates pursuant to the preceding sentence in respect of Net WAC Shortfall Amounts shall not be a payment with respect to a Regular Interest in a REMIC within the meaning of Section 860G(a)(1) of the Code. The Trustee shall not be liable for the selection of investments or investment losses incurred thereon.

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(b) The Class M Interest Reserve Fund is an “outside reserve fund” within the meaning of Treasury Regulation Section 1.860G-2(h) and shall be an asset of the Trust Fund but not an asset of any REMIC. The Depositor shall be the beneficial owner of the Class M Interest Reserve Fund, subject to the power of the Trustee to transfer amounts under Section 4.01. Amounts in the Class M Interest Reserve Fund shall, at the written direction of the Depositor, be invested in Permitted Investments that mature no later than the Business Day prior to the next succeeding Distribution Date. In the absence of such written direction, all funds in the Class M Interest Reserve Fund shall remain uninvested. All net income and gain from such investments shall be distributed to the Depositor, not as a distribution in respect of any interest in any REMIC, on each such Distribution Date. All amounts earned on amounts on deposit in the Class M Interest Reserve Fund shall be taxable to the Depositor. Any losses on such investments shall be refunded to the Class M Interest Reserve Fund by the Depositor out of its own funds immediately as realized. If any amounts remain in the Class M Interest Reserve Fund at the termination of the Trust Fund, they will be remitted to the Depositor.

Section 4.14. Pre-Funding Account.

(a) No later than the Closing Date, the Trustee shall establish and maintain a segregated trust account or sub-account of a trust account, which shall be titled “Pre-Funding Account, Deutsche Bank National Trust Company, as trustee for the benefit of holders of Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-3” (the “Pre-Funding Account”). The Pre-Funding Account shall be an Eligible Account or a sub-account of an Eligible Account. The Trustee shall, promptly upon receipt, deposit in the Pre-Funding Account and retain therein the Original Pre-Funding Amount remitted on the Closing Date to the Trustee by the Depositor. Funds deposited in the Pre-Funding Account shall be held in trust by the Trustee for the Holders of the Certificates and the Certificate Insurer for the uses and purposes set forth herein.

(b) The Trustee shall invest funds deposited in the Pre-Funding Account as directed by the Depositor or its designee in writing in Permitted Investments with a maturity date no later than the Business Day immediately preceding the date on which such funds are required to be withdrawn from such account pursuant to this Agreement, or, if no written direction is received by the Trustee from the Depositor, then funds in such account shall remain uninvested. The Trustee shall not be liable for the selection of investments or investment losses incurred thereon. For federal income tax purposes, the Depositor or its designee shall be the owner of the Pre-Funding Account and shall report all items of income, deduction, gain or loss arising therefrom. All income and gain realized from investment of funds deposited in the Pre-Funding Account shall be transferred to the Interest Coverage Account on the Business Day immediately preceding each Distribution Date during the Pre-Funding Period. The Depositor or its designee shall deposit in the Pre-Funding Account the amount of any net loss incurred in respect of any such Permitted Investment immediately upon realization of such loss without any right of reimbursement therefor. At no time will the Pre-Funding Account be an asset of any REMIC created hereunder.Amounts on deposit in the Pre-Funding Account shall be withdrawn by the Trustee as follows:

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(i) On any Subsequent Transfer Date, the Trustee shall withdraw from the Pre-Funding Account an amount equal to 100% of the Stated Principal Balances of the subsequent mortgage loans (as identified on the Mortgage Loan Schedule provided by the Depositor) transferred and assigned to the Trustee for deposit on such Subsequent Transfer Date and remit such amount to the Depositor;

(ii) If the amount on deposit in the Pre-Funding Account (exclusive of investment income) has not been reduced to zero by the close of business on the date of termination of the Pre-Funding Period, then at the close of business on such date, the Trustee shall deposit into the Distribution Account any amounts remaining in the Pre-Funding Account (exclusive of investment income) for distribution in accordance with Section 4.01; and

(iii) To withdraw any amount not required to be deposited in the Pre-Funding Account or deposited therein in error; and

Withdrawals pursuant to clauses (i), (ii) and (iv) shall be treated as contributions of cash to REMIC I on the date of withdrawal.

Section 4.15. Interest Coverage Account.

(a) No later than the Closing Date, the Trustee shall establish and maintain a segregated trust account or a sub-account of a trust account, which shall be titled “Interest Coverage Account, Deutsche Bank National Trust Company, as trustee for the benefit of holders of Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2007-3” (the “Interest Coverage Account”). The Interest Coverage Account shall be an Eligible Account or a sub-account of an Eligible Account. The Trustee shall, promptly upon receipt, deposit in the Interest Coverage Account and retain therein the Initial Interest Coverage Deposit remitted on the Closing Date to the Trustee by the Depositor and all income and gain realized from investment of funds on deposit in the Pre-Funding Account pursuant to Section 4.14(b). Funds deposited in the Interest Coverage Account shall be held in trust by the Trustee for the Certificateholders and the Certificate Insurer for the uses and purposes set forth herein.

(b) For federal income tax purposes, the Depositor shall be the owner of the Interest Coverage Account and shall report all items of income, deduction, gain or loss arising therefrom. At no time will the Interest Coverage Account be an asset of any REMIC created hereunder. All income and gain realized from investment of funds deposited in the Interest Coverage Account, which investment shall be made solely upon the written direction of the Depositor, shall be for the sole and exclusive benefit of the Depositor and shall be remitted by the Trustee to the Depositor no later than the first Business Day following receipt of such income and gain by the Trustee. If no written direction with respect to such investment shall be received by the Trustee from the Depositor, then funds in such Account shall remain uninvested. The Trustee shall not be liable for the selection of investments or investment losses incurred thereon. The Depositor shall deposit in the Interest Coverage Account the amount of any net loss incurred in respect of any such Permitted Investment immediately upon realization of such loss and any additional amounts necessary to make the distributions pursuant to paragraph (c) to the extent that amounts on deposit in the Interest Coverage Account are insufficient.

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(c) On each Distribution Date during the Pre-Funding Period and on the day of termination of the Pre-Funding Period, the Trustee shall withdraw from the Interest Coverage Account and deposit in the Distribution Account an amount equal to the Interest Coverage Distribution Amount for such Distribution Date. Such withdrawal and deposit shall be treated as a contribution of cash by the Depositor to REMIC I on the date thereof. Immediately following any such withdrawal and deposit, and immediately following the conveyance of any Subsequent Mortgage Loan to the Trust on any Subsequent Transfer Date, the Trustee shall, at the request of the Depositor, withdraw from the Interest Coverage Account and remit to the Depositor or its designee an amount equal to the excess, if any, of the amount remaining in such Interest Coverage Account over the amount that would be required to be withdrawn therefrom (assuming sufficient funds therein) pursuant to the first sentence of this paragraph on each subsequent Distribution Date, if any, that will occur during the Pre-Funding Period or on the day of termination of the Pre-Funding Period if no Subsequent Mortgage Loan were acquired by the Trust Fund after the end of the Prepayment Period relating to the current Distribution Date or the Distribution Date following the end of the Pre-Funding Period, as applicable. On the day of termination of the Pre-Funding Period, the Trustee shall withdraw from the Interest Coverage Account and remit to the Depositor or its designee the amount remaining in such Interest Coverage Account after payment of the amount required to be withdrawn therefrom pursuant to the first sentence of this paragraph on the day of termination of the Pre-Funding Period.

(d) Upon the earliest of (i) the Distribution Date immediately following the end of the Pre-Funding Period, (ii) the reduction of the Certificate Principal Balance of the Certificates to zero and (iii) the termination of this Agreement in accordance with Section 9.01, any amount remaining on deposit in the Interest Coverage Account after distributions pursuant to paragraph (c) above shall be withdrawn by the Trustee and paid to the Depositor or its designee.

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ARTICLE V

THE CERTIFICATES

Section 5.01. The Certificates.

(a) The Certificates will be substantially in the respective forms annexed hereto as Exhibits A and B-1 through B-5. The Certificates will be issuable in registered form only. The Certificates (other than the Class P, Class C and Class R Certificates) will be issued in minimum denominations of $25,000 Initial Certificate Principal Balance and integral multiples of $1 in excess thereof. The Class C Certificates will be issued in minimum denominations of $1.00 Initial Notional Amount and integral multiples of $1.00 in excess thereof. The Class P Certificates and the Class R Certificates will each be issuable in minimum denominations of any Percentage Interest representing 10.00% and multiples of 0.01% in excess thereof.

Upon original issue, the Certificates shall, upon the written request of the Depositor executed by an officer of the Depositor, be executed and delivered by the Trustee, authenticated by the Trustee and delivered to or upon the order of the Depositor upon receipt by the Trustee of the documents specified in Section 2.01. The Certificates shall be executed by manual or facsimile signature on behalf of the Trustee in its capacity as trustee hereunder by a Responsible Officer. Certificates bearing the manual or facsimile signatures of individuals who were at the time they signed the proper officers of the Trustee shall bind the Trustee, notwithstanding that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Certificates or did not hold such offices at the date of such Certificates. No Certificate shall be entitled to any benefit under this Agreement, or be valid for any purpose, unless there appears on such Certificate a certificate of authentication substantially in the form provided for herein executed by the Trustee by manual signature, and such certificate upon any Certificate shall be conclusive evidence, and the only evidence, that such Certificate has been duly authenticated and delivered hereunder. All Certificates issued on the Closing Date shall be dated the Closing Date and any Certificates delivered thereafter shall be dated the date of their authentication.

(b) The Class A, Class M and Class B Certificates shall initially be issued as one or more Certificates registered in the name of the Depository or its nominee and, except as provided below, registration of such Certificates may not be transferred by the Trustee except to another Depository that agrees to hold such Certificates for the respective Certificate Owners with Ownership Interests therein. The Certificate Owners shall hold their respective Ownership Interests in and to each of such Book-Entry Certificates through the book-entry facilities of the Depository and, except as provided below, shall not be entitled to Definitive Certificates in respect of such Ownership Interests. All transfers by Certificate Owners of their respective Ownership Interests in the Book-Entry Certificates shall be made in accordance with the procedures established by the Depository Participant or brokerage firm representing such Certificate Owner. Each Depository Participant shall transfer the Ownership Interests only in the Book-Entry Certificates of Certificate Owners it represents or of brokerage firms for which it acts as agent in accordance with the Depository's normal procedures. The Trustee shall not be required to monitor, determine or inquire as to compliance with the transfer restrictions with respect to the Book-Entry Certificates, and the Trustee shall have no liability for transfers of Ownership Interests in the Book Entry Certificates made through the book-entry facilities of the Depositary or between or among Depositary Participants or Certificate Owners, made in violation of the applicable restrictions.

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The Trustee, the Master Servicer and the Depositor may for all purposes (including the making of payments due on the respective Classes of Book-Entry Certificates) deal with the Depository as the authorized representative of the Certificate Owners with respect to the respective Classes of Book-Entry Certificates for the purposes of exercising the rights of Certificateholders hereunder. The rights of Certificate Owners with respect to the respective Classes of Book-Entry Certificates shall be limited to those established by law and agreements between such Certificate Owners and the Depository Participants and brokerage firms representing such Certificate Owners. Multiple requests and directions from, and votes of, the Depository as Holder of any Class of Book-Entry Certificates with respect to any particular matter shall not be deemed inconsistent if they are made with respect to different Certificate Owners. The Trustee may establish a reasonable record date in connection with solicitations of consents from or voting by Certificateholders and shall give notice to the Depository of such record date.

If (i)(A) the Depositor advises the Trustee in writing that the Depository is no longer willing or able to properly discharge its responsibilities as Depository and (B) the Depositor is unable to locate a qualified successor or (ii) the Depositor at its option advises the Trustee in writing that it elects to terminate the book-entry system through the Depository, the Trustee shall notify all Certificate Owners, through the Depository, of the occurrence of any such event and of the availability of Definitive Certificates to Certificate Owners requesting the same. Upon surrender to the Trustee of the Book-Entry Certificates by the Depository, accompanied by registration instructions from the Depository for registration of transfer, the Trustee shall, at the expense of the Depositor, issue the Definitive Certificates. Neither the Depositor, the Master Servicer nor the Trustee shall be liable for any actions taken by the Depository or its nominee, including, without limitation, any delay in delivery of such instructions and may conclusively rely on, and shall be protected in relying on, such instructions. Upon the issuance of Definitive Certificates the Trustee and the Master Servicer shall recognize the Holders of the Definitive Certificates as Certificateholders hereunder.

(c) Each Certificate is intended to be a “security” governed by Article 8 of the Uniform Commercial Code as in effect in the State of New York and any other applicable jurisdiction, to the extent that any of such laws may be applicable.

Section 5.02. Registration of Transfer and Exchange of Certificates.

(a) The Trustee shall maintain a Certificate Register in which, subject to such reasonable regulations as it may prescribe, the Trustee shall provide for the registration of Certificates and of transfers and exchanges of Certificates as herein provided.

(b) Except as provided in Section 5.02(c), no transfer, sale, pledge or other disposition of a Class P, Class C or Class R Certificate shall be made unless such transfer, sale, pledge or other disposition is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Act”), and any applicable state securities laws or is made in accordance with said Act and laws. In the event that a transfer of a Class P, Class C or Class R Certificate is to be made under this Section 5.02(b), (i) the Trustee shall require an Opinion of Counsel acceptable to and in form and substance satisfactory to the Trustee that such transfer shall be made pursuant to an exemption, describing the applicable exemption and the basis therefor, from said Act and laws or is being made pursuant to said Act and laws, which Opinion of Counsel shall not be an expense of the Trustee, the Depositor or the Master Servicer, provided that such Opinion of Counsel will not be required in connection with the initial transfer of any such Certificate by the Depositor or any affiliate thereof, to a non-affiliate of the Depositor and (ii) the Trustee shall require the transferee to execute a representation letter, substantially in the form of Exhibit G-1 hereto, and the Trustee shall require the transferor to execute a representation letter, substantially in the form of Exhibit G-2 hereto, each acceptable to and in form and substance satisfactory to the Trustee certifying to the Depositor and the Trustee the facts surrounding such transfer, which representation letters shall not be an expense of the Trustee, the Depositor or the Master Servicer; provided, however, that such representation letters will not be required in connection with any transfer of any such Certificate by the Depositor to an affiliate of the Depositor and the Trustee shall be entitled to conclusively rely upon a representation (which, upon the request of the Trustee, shall be a written representation) from the Depositor of the status of such transferee as an affiliate of the Depositor. Any such Certificateholder desiring to effect such transfer shall, and does hereby agree to, indemnify the Trustee, the Depositor and the Master Servicer against any liability that may result if the transfer is not so exempt or is not made in accordance with such applicable federal and state laws.

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No transfer of any Class C Certificate shall be made unless the proposed transferee of such Class C Certificate (1) provides to the Trustee the appropriate tax certification forms that would eliminate any withholding or deduction for taxes from amounts payable by the Swap Provider, pursuant to the related Interest Rate Swap Agreement, and by the Cap Counterparties, pursuant to the Cap Contacts, to the Supplemental Interest Trust (i.e., IRS Form W-9 or IRS Form X-0XXX, X-0XXX, X-0XXX or W-8ECI, as applicable (or any successor form thereto), together with any applicable attachments) and (2) agrees to update such forms (i) upon expiration of any such forms, (ii) as required under then applicable U.S. Treasury regulations and (iii) promptly upon learning that such forms have become obsolete or incorrect, each as a condition to such transfer. In addition, no transfer of any Class C Certificate shall be made if such transfer would cause the Supplemental Interest Trust to be beneficially owned by two or more persons for federal income tax purposes, or continue to be so treated, unless (i) each proposed transferee of such Class C Certificate complies with the foregoing conditions, and (ii) the proposed majority holder of the Class C Certificates (or each holder, if there is or would be no majority holder) (A) provides, or causes to be provided, on behalf of the Supplemental Interest Trust, if applicable, to the Trustee the appropriate tax certification forms that would be required from the Supplemental Interest Trust to eliminate any withholding or deduction for taxes from amounts payable by the Swap Provider, pursuant to the Interest Rate Swap Agreement, and by the Cap Counterparties, pursuant to the Cap Contacts, to the Supplemental Interest Trust (i.e., IRS Form W-9 or IRS Form X-0XXX, X-0XXX, X-0XXX or W-8ECI, as applicable (or any successor form thereto), together with any applicable attachments) and (B) agrees to update such forms (x) upon expiration of any such forms, (y) as required under then applicable U.S. Treasury regulations and (z) promptly upon learning that such forms have become obsolete or incorrect. If, under applicable U.S. Treasury regulations, such tax certification forms may only be signed by a trustee acting on behalf of the Supplemental Interest Trust, then the Trustee, as the Supplemental Interest Trust Trustee, shall sign such certification forms if so directed by a Holder of the Class C Certificates. Upon receipt of any such tax certification forms from a proposed transferee or Holder of any Class C Certificate, the Trustee, as the Supplemental Interest Trust Trustee, shall forward a copy of such tax certification forms provided to it to the Swap Provider and the Cap Counterparties. Each Holder of a Class C Certificate and each transferee thereof shall be deemed to have consented to the Trustee, as the Supplemental Interest Trust Trustee, forwarding to the Swap Provider and Cap Counterparties any tax certification form it has provided and updated in accordance with these transfer restrictions. Any purported sales or transfers of any Class C Certificate to a transferee which does not comply with the requirements of this paragraph shall be deemed null and void under this Agreement.

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The Trustee shall not be liable for the content or truthfulness of any such tax certification forms provided to it. The Trustee shall only be required to forward any tax certification forms received by it to the Swap Provider and Cap Counterparties at the last known address provided to it, and shall not be liable for the receipt of such tax certification forms by the Swap Provider or the Cap Counterparties, nor any failure of the Swap Provider or Cap Counterparties to process such forms or to take any action as required under the respective Interest Rate Swap Agreement or Cap Contract, or under applicable law. The Trustee shall have no duty to take action to correct any misstatement or omission in any tax certification forms provided to it and forwarded to the Swap Provider and Cap Counterparties.

(c) Notwithstanding the requirements of Section 5.02(b), transfers of Class B, Class P, Class C and Class R Certificates may be made in accordance with this Section 5.02(c) if the prospective transferee of a Certificate provides the Trustee and the Depositor with an investment letter substantially in the form of Exhibit G-3 attached hereto, which investment letter shall not be an expense of the Trustee, the Depositor or the Master Servicer, and which investment letter states that, among other things, such transferee is a “qualified institutional buyer” as defined under Rule 144A. Such transfers shall be deemed to have complied with the requirements of Section 5.02(b) hereof. Any such Certificateholder desiring to effect such transfer shall, and does hereby agree to, indemnify the Trustee, the Depositor and the Master Servicer against any liability that may result if the transfer is not so exempt or is not made in accordance with such applicable federal and state laws.

The Trustee shall require an Opinion of Counsel, on which the Trustee, Depositor and Master Servicer may rely, from a prospective transferee prior to the transfer of any Class P, Class C and Class R Certificate to any employee benefit plan or other retirement arrangement, including individual retirement accounts and Xxxxx plans, that is subject to the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), or Section 4975 of the Code (any of the foregoing, a “Plan”), to a trustee or other Person acting on behalf of any Plan, or to any other person who is using “plan assets” of any Plan to effect such acquisition (including any insurance company using funds in its general or separate accounts that may constitute “plan assets” of a Plan). Such Opinion of Counsel must establish to the satisfaction of the Trustee that such transfer is permissible under applicable law, will not constitute or result in a prohibited transaction under Section 406 of ERISA and Section 4975 of the Code, and will not subject the Trustee, the Master Servicer or the Depositor to any obligation in addition to those undertaken in this Agreement. Neither the Depositor, the Master Servicer nor the Trustee, will be required to obtain such Opinion of Counsel on behalf of any prospective transferee.

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Prior to the termination of the Supplemental Interest Trust, each beneficial owner of a Class A, Class M and Class B Certificate or any interest therein, shall be deemed to have represented, by virtue of its acquisition or holding of the Class A, Class M and Class B Certificate, or interest therein, that either (i) it is not a Plan or (ii) (A) it is an accredited investor within the meaning of Prohibited Transaction Exemption 2007-05 (the “Exemption”) and (B) the acquisition and holding of such Certificate and the separate right to receive payments from the Supplemental Interest Trust are eligible for the exemptive relief available under one of Prohibited Transaction Class Exemption (“PTCE”) 84-14, 91-38, 95-60, 90-1 or 96-23.

Each beneficial owner of a Subordinate Certificate or any interest therein which is acquired subsequent to the termination of the Supplemental Interest Trust shall be deemed to have represented, by virtue of its acquisition or holding of that Certificate or interest therein, that either (i) it is not a Plan or a trustee or other Person acting on behalf of a Plan or using “plan assets” of a Plan to effect such acquisition (including any insurance company using funds in its general or separate accounts that may constitute “plan assets”), (ii) it has acquired and is holding such Certificate in reliance on the Exemption, in the case of a privately offered certificate, it is an “accredited investor” as defined in Rule 501(a)(1) of Regulation D of the Securities Act of 1933, as amended, and that it understands that there are certain conditions to the availability of the Exemption, including that the Certificate must be rated, at the time of purchase, not lower than “BBB-” (or its equivalent) by Standard & Poor’s, Fitch Ratings, Inc., Xxxxx’x, Dominion Bond Rating Service Limited (known as DBRS Limited) or Dominion Bond Rating Service, Inc. (known as DBRS, Inc.) and the Certificate is so rated or (iii) (1) it is an insurance company, (2) the source of funds used to acquire or hold the Certificate or interest therein is an “insurance company general account,” as such term is defined in PTCE 95-60, and (3) the conditions in Sections I and III of PTCE 95-60 have been satisfied.

(d) [Reserved]

(e) (i) Each Person who has or who acquires any Ownership Interest in a Class R Certificate shall be deemed by the acceptance or acquisition of such Ownership Interest to have agreed to be bound by the following provisions and to have irrevocably authorized the Trustee or its designee under clause (iii)(A) below to deliver payments to a Person other than such Person and to negotiate the terms of any mandatory sale under clause (iii)(B) below and to execute all instruments of transfer and to do all other things necessary in connection with any such sale. The rights of each Person acquiring any Ownership Interest in a Class R Certificate are expressly subject to the following provisions:

(A) Each Person holding or acquiring any Ownership Interest in a Class R Certificate shall be a Permitted Transferee and shall promptly notify the Trustee of any change or impending change in its status as a Permitted Transferee.

(B) In connection with any proposed Transfer of any Ownership Interest in a Class R Certificate, the Trustee shall require delivery to it, and shall not register the Transfer of any Class R Certificate until its receipt, of (I) an affidavit and agreement in the form attached hereto as Exhibit G-5 (a “Transferee Affidavit and Agreement”) from the proposed Transferee, in form and substance satisfactory to the Trustee representing and warranting, among other things, that it is a Permitted Transferee, that it is not acquiring its Ownership Interest in the Class R Certificate that is the subject of the proposed Transfer as a nominee, trustee or agent for any Person who is not a Permitted Transferee, that for so long as it retains its Ownership Interest in a Class R Certificate, it will endeavor to remain a Permitted Transferee, and that it has reviewed the provisions of this Section 5.02 and agrees to be bound by them, and (II) an affidavit, in the form attached hereto as Exhibit G-4, from the Holder wishing to transfer the Class R Certificate, in form and substance satisfactory to the Trustee representing and warranting, among other things, that no purpose of the proposed Transfer is to impede the assessment or collection of tax and that it has no knowledge that the proposed transferee is not a Permitted Transferee (“Transferor Affidavit”).

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(C) Notwithstanding the delivery of a Transfer Affidavit and Agreement by a proposed Transferee under clause (B) above, if a Responsible Officer of the Trustee assigned to this transaction has actual knowledge that the proposed Transferee is not a Permitted Transferee, no Transfer of an Ownership Interest in a Class R Certificate to such proposed Transferee shall be effected.

(D) Each Person holding or acquiring any Ownership Interest in a Class R Certificate shall agree (x) to require a Transferee Affidavit and Agreement from any other Person to whom such Person attempts to transfer its Ownership Interest in a Class R Certificate and (y) not to transfer its Ownership Interest unless it provides a Transferor Affidavit to the Trustee.

(E) Each Person holding or acquiring an Ownership Interest in a Class R Certificate, by purchasing an Ownership Interest in such Certificate, agrees to give the Trustee written notice that it is a “pass-through interest holder” within the meaning of Temporary Treasury Regulations Section 1.67-3T(a)(2)(i)(A) immediately upon acquiring an Ownership Interest in a Class R Certificate, if it is “a pass-through interest holder”, or is holding an Ownership Interest in a Class R Certificate on behalf of a “pass-through interest holder.”

(ii) The Trustee will register the Transfer of any Class R Certificate only if it shall have received the Transferee Affidavit and Agreement, a Transferor Affidavit of the Holder requesting such transfer and all of such other documents as shall have been reasonably required by the Trustee as a condition to such registration. Transfers of the Class R Certificates other than to Permitted Transferees are prohibited.

(iii) (A) If any Person other than a Permitted Transferee shall become a Holder of a Class R Certificate, then the last preceding Permitted Transferee shall be restored, to the extent permitted by law, to all rights and obligations as Holder thereof retroactive to the date of registration of such Transfer of such Class R Certificate. If a transfer of a Class R Certificate is disregarded pursuant to the provisions of Treasury Regulations Section 1.860E-1 or Section 1.860G-3, then the last preceding Permitted Transferee shall be restored, to the extent permitted by law, to all rights and obligations as Holder thereof retroactive to the date of registration of such transfer of such Class R Certificate. The prior Holder shall be entitled to recover from any purported Holder of a Class R Certificate that was in fact not a Permitted Transferee under this Section 5.02(e) at the time it became a Holder all payments made on such Class R Certificate. Each Holder of a Class R Certificate, by acceptance thereof, shall be deemed for all purposes to have consented to the provisions of this Section 5.02(e) and to any amendment of this Agreement deemed necessary (whether as a result of new legislation or otherwise) by counsel of the Depositor to ensure that the Class R Certificates are not transferred to any Person who is not a Permitted Transferee and that any transfer of such Class R Certificates will not cause the imposition of a tax upon the Trust or cause any such REMIC to fail to qualify as a REMIC. Neither the Trustee nor the Trustee shall be under any liability to any Person for any registration of Transfer of a Class R Certificate that is in fact not permitted by this Section 5.02 or for making any payments due on such Certificate to the Holder thereof or for taking any other action with respect to such Holder under the provisions of this Agreement.

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(B) If any purported Transferee shall become a Holder of a Class R Certificate in violation of the restrictions in this Section 5.02 and to the extent that the retroactive restoration of the rights of the Holder of such Class R Certificate as described in clause (iii)(A) above shall be invalid, illegal or unenforceable, then the Trustee shall have the right, without notice to the Holder or any prior Holder of such Class R Certificate, to sell such Class R Certificate to a purchaser selected by the Trustee on such terms as the Trustee may choose. Such purported Transferee shall promptly endorse and deliver each Class R Certificate in accordance with the instructions of the Trustee. Such purchaser may be the Trustee itself. The proceeds of such sale, net of the commissions (which may include commissions payable to the Trustee), expenses and taxes due, if any, will be remitted by the Trustee to such purported Transferee. The terms and conditions of any sale under this clause (iii)(B) shall be determined in the sole discretion of the Trustee, and the Trustee shall not be liable to any Person having an Ownership Interest in a Class R Certificate as a result of its exercise of such discretion.

(iv) The Trustee shall make available to the Internal Revenue Service and those Persons specified by the REMIC Provisions, all information necessary to compute any tax imposed (A) as a result of the transfer of an ownership interest in a Class R Certificate to any Person who is a Disqualified Organization, including the information regarding “excess inclusions” of such Class R Certificates required to be provided to the Internal Revenue Service and certain Persons as described in Treasury Regulations Sections 1.860D-1(b)(5) and 1.860E-2(a)(5), and (B) as a result of any regulated investment company, real estate investment trust, common trust fund, partnership, trust, estate or organization described in Section 1381 of the Code that holds an Ownership Interest in a Class R Certificate having as among its record Holders at any time any Person who is a Disqualified Organization. The Trustee may charge and shall be entitled to reasonable compensation for providing such information as may be required from those Persons which may have had a tax imposed upon them as specified in clauses (A) and (B) of this paragraph for providing such information.

(f) Subject to the preceding paragraphs, upon surrender for registration of transfer of any Certificate at the office of the Trustee maintained for such purpose, the Trustee shall execute and the Trustee shall authenticate and deliver, in the name of the designated transferee or transferees, one or more new Certificates of the same Class of a like aggregate Percentage Interest. Every Certificate surrendered for transfer shall be accompanied by notification of the account of the designated transferee or transferees for the purpose of receiving distributions pursuant to Section 4.01 by wire transfer, if any such transferee desires and is eligible for distribution by wire transfer.

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(g) At the option of the Certificateholders, Certificates may be exchanged for other Certificates of authorized denominations of the same Class of a like aggregate Percentage Interest, upon surrender of the Certificates to be exchanged at the office of the Trustee. Whenever any Certificates are so surrendered for exchange the Trustee shall execute, authenticate and deliver the Certificates which the Certificateholder making the exchange is entitled to receive. Every Certificate presented or surrendered for transfer or exchange shall (if so required by the Trustee) be duly endorsed by, or be accompanied by a written instrument of transfer in the form satisfactory to the Trustee duly executed by, the Holder thereof or his attorney duly authorized in writing. In addition, with respect to each Class R Certificate, the Holder thereof may exchange, in the manner described above, such Class R Certificate for three separate Certificates, each representing such Holder's respective Percentage Interest in the Class R-1 Interest, the Class R-2 Interest and the Class R-3 Interest, respectively, in each case that was evidenced by the Class R Certificate being exchanged.

(h) No service charge shall be made to the Certificateholders for any transfer or exchange of Certificates, but the Trustee may require payment of a sum sufficient to cover any tax or governmental charge that may be imposed in connection with any transfer or exchange of Certificates.

(i) All Certificates surrendered for transfer and exchange shall be canceled and retained by the Trustee in accordance with the Trustee’s standard procedures.

Section 5.03. Mutilated, Destroyed, Lost or Stolen Certificates.

If (i) any mutilated Certificate is surrendered to the Trustee and the Trustee receives evidence to its satisfaction of the destruction, loss or theft of any Certificate, and (ii) there is delivered to the Trustee such security or indemnity as may be required by it to save it harmless, then, in the absence of notice to the Trustee that such Certificate has been acquired by a bona fide purchaser, the Trustee shall execute, authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Certificate, a new Certificate of the same Class and Percentage Interest. Upon the issuance of any new Certificate under this Section, the Trustee may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in relation thereto and any other expenses (including the fees and expenses of the Trustee) connected therewith. Any replacement Certificate issued pursuant to this Section shall constitute complete and indefeasible evidence of ownership in the Trust Fund, as if originally issued, whether or not the lost, stolen or destroyed Certificate shall be found at any time.

Section 5.04. Persons Deemed Owners.

The Depositor, the Master Servicer, the Trustee and any agent of any of them may treat the person in whose name any Certificate is registered as the owner of such Certificate for the purpose of receiving distributions pursuant to Section 4.01 and for all other purposes whatsoever, and neither the Depositor, the Master Servicer, the Trustee nor any agent of any of them shall be affected by notice to the contrary.

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Section 5.05. Rule 144A Information.

For so long as any Class P, Class C and Class R are outstanding and are “restricted securities” within the meaning of Rule 144(a)(3) of the Securities Act, (1) the Depositor will provide or cause to be provided to any Holder of such Certificates and any prospective purchaser thereof designated by such a Holder, upon the request of such Holder or prospective purchaser, the information required to be provided to such Holder or prospective purchaser by Rule 144A(d)(4) under the Securities Act; and (2) the Depositor shall update such information from time to time in order to prevent such information from becoming false and misleading and will take such other actions as are necessary to ensure that the safe harbor exemption from the registration requirements of the Securities Act under Rule 144A is and will be available for resales of such Certificates conducted in accordance with Rule 144A. The Master Servicer shall cooperate with the Depositor and furnish the Depositor such information in the Master Servicer's possession as the Depositor may reasonably request.

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ARTICLE VI

THE DEPOSITOR AND THE MASTER SERVICER

Section 6.01. Liability of the Depositor and the Master Servicer.

The Depositor and the Master Servicer each shall be liable in accordance herewith only to the extent of the obligations specifically imposed upon and undertaken by the Depositor and the Master Servicer herein. Only the Master Servicer, any successor Master Servicer or the Trustee acting as Master Servicer shall be liable with respect to the servicing of the Mortgage Loans and the REO Property for actions taken by any such Person in contravention of the Master Servicer's duties hereunder.

Section 6.02. Merger, Consolidation or Conversion of the Depositor or the Master Servicer.

The Depositor and the Master Servicer each will keep in full effect its existence, rights and franchises as a corporation under the laws of the state of its incorporation, and each will obtain and preserve its qualification to do business as a foreign corporation in each jurisdiction in which such qualification is or shall be necessary to protect the validity and enforceability of this Agreement, the Certificates or any of the Mortgage Loans and to perform its respective duties under this Agreement.

Any Person into which the Depositor or the Master Servicer may be merged, consolidated or converted, or any corporation resulting from any merger or consolidation to which the Depositor or the Master Servicer shall be a party, or any Person succeeding to the business of the Depositor or the Master Servicer, shall be the successor of the Depositor or the Master Servicer, as the case may be, hereunder, without the execution or filing of any paper or any further act on the part of any of the parties hereto, anything herein to the contrary notwithstanding; provided, however, that the successor or surviving Person to the Master Servicer shall be qualified to sell mortgage loans to and service mortgage loans for Xxxxxx Xxx or Xxxxxxx Mac.

Section 6.03. Limitation on Liability of the Depositor, the Master Servicer and Others.

Neither the Depositor, the Master Servicer nor any of the directors, officers, employees or agents of the Depositor or the Master Servicer shall be under any liability to the Trust Fund or the Certificateholders for any action taken or for refraining from the taking of any action in good faith pursuant to this Agreement, or for errors in judgment; provided, however, that this provision shall not protect the Depositor or the Master Servicer (but this provision shall protect the above described persons) against any breach of warranties or representations made herein, or against any specific liability imposed on the Master Servicer pursuant to Section 3.01 or any other Section hereof; and provided further that this provision shall not protect the Depositor, the Master Servicer or any such person, against any liability which would otherwise be imposed by reason of willful misfeasance, bad faith or gross negligence in the performance of duties or by reason of reckless disregard of obligations and duties hereunder. The Depositor, the Master Servicer and any director, officer, employee or agent of the Depositor or the Master Servicer may rely in good faith on any document of any kind prima facie properly executed and submitted by any Person respecting any matters arising hereunder. The Depositor, the Master Servicer and any director, officer, employee or agent of the Depositor or the Master Servicer shall be indemnified and held harmless by the Trust Fund against any loss, liability or expense incurred in connection with any legal action relating to this Agreement or the Certificates (including reasonable legal fees and disbursements of counsel), other than (a) any loss, liability or expense related to Master Servicer's servicing obligations with respect to any specific Mortgage Loan or Mortgage Loans (except as any such loss, liability or expense shall be otherwise reimbursable pursuant to this Agreement) or related to the Master Servicer's obligations under Section 3.01, or (b) any loss, liability or expense incurred by reason of willful misfeasance, bad faith or gross negligence in the performance of duties hereunder or by reason of reckless disregard of obligations and duties hereunder. Neither the Depositor nor the Master Servicer shall be under any obligation to appear in, prosecute or defend any legal action which is not incidental to its respective duties under this Agreement and which in its opinion may involve it in any expense or liability; provided, however, that the Depositor or the Master Servicer may in its sole discretion undertake any such action which it may deem necessary or desirable with respect to this Agreement and the rights and duties of the parties hereto and the interests of the Certificateholders hereunder. In such event, the legal expenses and costs of such action and any liability resulting therefrom (except any action or liability related to the Master Servicer's obligations under Section 3.01) shall be expenses, costs and liabilities of the Trust Fund, and the Depositor and the Master Servicer shall be entitled to be reimbursed therefor from the Certificate Account as provided in Section 3.11, any such right of reimbursement being prior to the rights of Certificateholders to receive any amount in the Certificate Account.

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Section 6.04. Limitation on Resignation of the Master Servicer.

The Master Servicer shall not resign from the obligations and duties hereby imposed on it except (a) upon appointment of a successor servicer reasonably acceptable to the Trustee and the Certificate Insurer upon receipt by the Trustee and Certificate Insurer (unless an Insurer Default has occurred and is continuing) of a letter from each Rating Agency (obtained by the Master Servicer and at its expense) that such a resignation and appointment will not, in and of itself, result in a downgrading of the Certificates without taking the Certificate Guaranty Insurance Policy into account or (b) upon determination that its duties hereunder are no longer permissible under applicable law. Any such determination permitting the resignation of the Master Servicer shall be evidenced by an Opinion of Counsel (at the expense of the resigning Master Servicer) to such effect delivered to the Trustee and the Certificate Insurer. No such resignation shall become effective until the Trustee or a successor servicer shall have assumed the Master Servicer's responsibilities, duties, liabilities and obligations hereunder.

Section 6.05. Sale and Assignment of Master Servicing.

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The Master Servicer may sell and assign its rights and delegate its duties and obligations in their entirety as Master Servicer under this Agreement; provided, however, that: (i) the purchaser or transferee accepting such assignment and delegation (a) shall be a Person which shall be qualified to service mortgage loans for Xxxxxx Xxx or Xxxxxxx Mac; (b) shall, in the case of successor master servicers only, have a net worth of not less than $10,000,000 (unless otherwise approved by each Rating Agency pursuant to clause (ii) below); (c) shall be reasonably satisfactory to the Trustee and the Certificate Insurer (unless an Insurer Default has occurred and is continuing) (as evidenced in a writing signed by the Trustee and the Certificate Insurer) as having a comparable servicing ability to that of the Master Servicer on the Closing Date; (d) shall execute and deliver to the Trustee and the Certificate Insurer an agreement, in form and substance reasonably satisfactory to the Trustee and the Certificate Insurer, which contains an assumption by such Person of the due and punctual performance and observance of each covenant and condition to be performed or observed by it as master servicer under this Agreement and any custodial agreement, from and after the effective date of such agreement; (ii) each Rating Agency shall be given prior written notice of the identity of the proposed successor to the Master Servicer and each Rating Agency's rating of the Certificates in effect immediately prior to such assignment, sale and delegation will not be downgraded or withdrawn as a result of such assignment, sale and delegation without taking the Certificate Guaranty Insurance Policy into account, as evidenced by a letter to such effect obtained by the Master Servicer at its expense and delivered to the Trustee; and (iii) the Master Servicer assigning and selling the master servicing shall deliver to the Trustee an Officer's Certificate and an Opinion of Counsel (at the expense of the Master Servicer), each stating that all conditions precedent to such action under this Agreement have been completed and such action is permitted by and complies with the terms of this Agreement. No such assignment or delegation shall affect any liability of the Master Servicer arising prior to the effective date thereof.

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ARTICLE VII

DEFAULT

Section 7.01. Events of Default.

“Event of Default”, wherever used herein, means any one of the following events:

(i) any failure by the Master Servicer to deposit into the Certificate Account on each Certificate Account Deposit Date the amounts required to be deposited therein (other than an Advance) under the terms of this Agreement which continues unremedied for two (2) Business Days after such amount was required to be remitted; or

(ii) any failure on the part of the Master Servicer duly to observe or perform in any material respect any other of the covenants or agreements on the part of the Master Servicer contained in the Certificates or in this Agreement (including any breach of the Master Servicer's representations and warranties pursuant to Section 2.03(a) which materially and adversely affects the interests of the Certificateholders) which continues unremedied for a period of 60 days after the date on which written notice of such failure, requiring the same to be remedied, shall have been given to the Master Servicer by the Trustee or the Certificate Insurer, or to the Master Servicer, the Certificate Insurer and the Trustee by the Holders of Certificates entitled to at least 25% of the Voting Rights; or

(iii) a decree or order of a court or agency or supervisory authority having jurisdiction in an involuntary case under any present or future federal or state bankruptcy, insolvency or similar law or the appointment of a conservator or receiver or liquidator in any insolvency, readjustment of debt, marshaling of assets and liabilities or similar proceedings, or for the winding-up or liquidation of its affairs, shall have been entered against the Master Servicer and such decree or order shall have remained in force undischarged or unstayed for a period of 60 consecutive days; or

(iv) the Master Servicer shall consent to the appointment of a conservator or receiver or liquidator in any insolvency, readjustment of debt, marshaling of assets and liabilities or similar proceedings of or relating to the Master Servicer or of or relating to all or substantially all of its property; or

(v) the Master Servicer shall admit in writing its inability to pay its debts generally as they become due, file a petition to take advantage of or otherwise voluntarily commence a case or proceeding under any applicable bankruptcy, insolvency, reorganization or other similar statute, make an assignment for the benefit of its creditors, or voluntarily suspend payment of its obligations; or

(vi) the Master Servicer shall fail to deposit in the Certificate Account on any Certificate Account Deposit Date an amount equal to any required Advance which continues unremedied for the earlier of (a) a period of two (2) Business Days or (b) the Business Day immediately preceding the Distribution Date.

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If an Event of Default described in clauses (i) - (v) of this Section shall occur, then, and in each and every such case, so long as such Event of Default shall not have been remedied, the Trustee, the Certificate Insurer (unless an Insurer Default has occurred and is continuing) or the Holders of Certificates entitled to at least 51% of the Voting Rights (with the consent of the Certificate Insurer), by notice in writing to the Master Servicer and the Swap Provider (and to the Trustee if given by such Holders of Certificates), with a copy to the Rating Agencies, may terminate all of the rights and obligations (but not the liabilities) of the Master Servicer under this Agreement and in and to the Trust Fund, other than its rights as a Certificateholder hereunder; provided, however, that the successor to the Master Servicer appointed pursuant to Section 7.02 shall have accepted the duties of Master Servicer effective upon the resignation or termination of the Master Servicer. If an Event of Default described in clause (vi) hereof shall occur, the Trustee, as applicable, shall, by notice to the Master Servicer, the Certificate Insurer and the Depositor, terminate all of the rights and obligations of the Master Servicer under this Agreement and in and to the Trust Fund, other than its rights as a Certificateholder hereunder; provided, however, that if the Trustee, as applicable, determines (in its sole discretion) that the failure by the Master Servicer to make any required Advance was due to circumstances beyond its control, and the required Advance would have otherwise been made, the Trustee, as applicable, shall not terminate the Master Servicer. On or after the receipt by the Master Servicer of such notice, all authority and power of the Master Servicer under this Agreement, whether with respect to the Certificates (other than as a Holder thereof) or the Mortgage Loans or otherwise, shall pass to and be vested in the Trustee pursuant to and under this Section, and, without limitation, the Trustee is hereby authorized and empowered to execute and deliver, on behalf of the Master Servicer, as attorney-in-fact or otherwise, any and all documents and other instruments, and to do or accomplish all other acts or things necessary or appropriate to effect the purposes of such notice of termination, whether to complete the transfer and endorsement or assignment of the Mortgage Loans and related documents, or otherwise at the expense of the Master Servicer. The Master Servicer agrees to cooperate with (and pay any related costs and expenses of) the Trustee in effecting the termination of the Master Servicer's responsibilities and rights hereunder, including, without limitation, the transfer to the Trustee or the successor Master Servicer for administration by it of (i) the property and amounts which are then or should be part of the Trust Fund or which thereafter become part of the Trust Fund; (ii) originals or copies of all documents of the Master Servicer reasonably requested by the Trustee to enable it to assume the Master Servicer's duties thereunder; (iii) the rights and obligations of the Master Servicer under the Sub-Servicing Agreements with respect to the Mortgage Loans; and (iv) all cash amounts which shall at the time be deposited by the Master Servicer or should have been deposited to the Custodial or the Certificate Account or thereafter be received with respect to the Mortgage Loans. The Trustee shall not be deemed to have breached any obligation hereunder as a result of a failure to make or delay in making any distribution as and when required hereunder caused by the failure of the Master Servicer to remit any amounts received by it or to deliver any documents held by it with respect to the Mortgage Loans. For purposes of this Section 7.01, the Trustee shall not be deemed to have knowledge of an Event of Default unless a Responsible Officer of the Trustee has actual knowledge thereof or unless notice of any event which is in fact such an Event of Default is received by the Trustee as provided in Section 11.05 and such notice references the Certificates, the Trust Fund or this Agreement.

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Section 7.02. Trustee to Act; Appointment of Successor.

Within 90 days of the time the Master Servicer receives a notice of termination pursuant to Section 7.01(i) - (vi), the Trustee or its appointed agent shall be the successor in all respects to the Master Servicer in its capacity as Master Servicer under this Agreement and the transactions set forth or provided for herein and shall be subject thereafter to all the responsibilities, duties and liabilities relating thereto placed on the Master Servicer including the obligation to make Advances which have been or will be required to be made (except for the responsibilities, duties and liabilities contained in Section 2.03 and its obligations to deposit amounts in respect of losses pursuant to Section 3.12 and 4.01(i)) by the terms and provisions hereof; and provided further, that any failure to perform such duties or responsibilities caused by the Master Servicer's failure to provide information required by Section 4.03 shall not be considered a default by the Trustee hereunder. As compensation therefor, the Trustee shall be entitled to all funds relating to the Mortgage Loans which the Master Servicer would have been entitled to charge to the Custodial Account if the Master Servicer had continued to act hereunder. If the Trustee has become the successor to the Master Servicer in accordance with Section 6.04 or Section 7.02, then notwithstanding the above, if the Trustee shall be unwilling to so act, or shall be unable to so act, the Trustee may appoint, or petition a court of competent jurisdiction or appoint, any established housing and home finance institution, which is also a Xxxxxx Mae- or Xxxxxxx Mac-approved mortgage servicing institution, having a net worth of not less than $10,000,000 and acceptable to the Certificate Insurer as evidenced by its prior written consent as the successor to the Master Servicer hereunder in the assumption of all or any part of the responsibilities, duties or liabilities of the Master Servicer hereunder. Pending appointment of a successor to the Master Servicer hereunder, the Trustee shall act in such capacity as herein above provided. In connection with such appointment and assumption, the Trustee may make such arrangements for the compensation of such successor out of payments on Mortgage Loans as it and such successor shall agree; provided, however, that no such compensation shall be in excess of that permitted the Master Servicer hereunder. Each of the Sponsor, the Trustee and such successor shall take such action, consistent with this Agreement, as shall be necessary to effectuate any such succession. In no event shall the successor Master Servicer be liable for the acts or omissions of the predecessor Master Servicer.

In connection with the termination or resignation of the Master Servicer hereunder, either (i) the successor Master Servicer, including the Trustee if the Trustee is acting as successor Master Servicer, shall represent and warrant that it is a member of MERS in good standing and shall agree to comply in all material respects with the rules and procedures of MERS in connection with the servicing of the Mortgage Loans that are registered with MERS, in which case the predecessor Master Servicer shall cooperate with the successor Master Servicer in causing MERS to revise its records to reflect the transfer of servicing to the successor Master Servicer as necessary under MERS' rules and regulations, or (ii) the predecessor Master Servicer shall cooperate with the successor Master Servicer in causing MERS to execute and deliver an assignment of Mortgage in recordable form to transfer the Mortgage from MERS to the Trustee and to execute and deliver such other notices, documents and other instruments as may be necessary or desirable to effect a transfer of such Mortgage Loan or servicing of such Mortgage Loan on the MERS® System to the successor Master Servicer. The predecessor Master Servicer shall file or cause to be filed any such assignment in the appropriate recording office. The predecessor Master Servicer shall bear any and all fees of MERS, costs of preparing any assignments of Mortgage, and fees and costs of filing any assignments of Mortgage that may be required under this Section 7.02. The successor Master Servicer shall cause such assignment to be delivered to the Trustee promptly upon receipt of the original with evidence of recording thereon or a copy certified by the public recording office in which such assignment was recorded.

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Any successor, including the Trustee, to the Master Servicer shall maintain in force during its term as master servicer hereunder policies and fidelity bonds to the same extent as the Master Servicer is so required pursuant to Section 3.18.

Notwithstanding anything else herein to the contrary, in no event shall the Trustee be liable for any Master Servicing Fee or Sub-Servicing Fee or for any differential in the amount of the Master Servicing Fee or Sub-Servicing Fee paid hereunder and the amount necessary to induce any successor Master Servicer or Sub-Servicer, as applicable, to act as successor Master Servicer or Sub-Servicer, as applicable, under this Agreement and the transactions set forth or provided for herein.

Section 7.03. Notification to Certificateholders.

(a) Upon any such termination or appointment of a successor to the Master Servicer, the Trustee shall give prompt notice thereof to Certificateholders, the Certificate Insurer and to the Rating Agencies.

(b) Within 60 days after the occurrence of any Event of Default, the Trustee shall transmit by mail to all Holders of Certificates, the Certificate Insurer and the Swap Provider notice of each such Event of Default hereunder known to the Trustee, unless such Event of Default shall have been cured or waived.

Section 7.04. Waiver of Events of Default.

The Holders representing at least 51% of the Voting Rights of Certificates affected by a default or Event of Default hereunder (with the consent of the Certificate Insurer), may waive such default or Event of Default (other than an Event of Default set forth in Section 7.01(vi)); provided, however, that (a) a default or Event of Default under clause (i) of Section 7.01 may be waived only by all of the Holders of Certificates affected by such default or Event of Default with the consent of the Certificate Insurer) and (b) no waiver pursuant to this Section 7.04 shall affect the Holders of Certificates in the manner set forth in the second paragraph of Section 11.01 or materially adversely affect any non-consenting Certificateholder. Upon any such waiver of a default or Event of Default by the Holders representing the requisite percentage of Voting Rights of Certificates affected by such default or Event of Default, such default or Event of Default shall cease to exist and shall be deemed to have been remedied for every purpose hereunder. No such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent thereon except to the extent expressly so waived. The Master Servicer shall give notice of any such waiver to the Rating Agencies.

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Section 7.05. List of Certificateholders.

Upon written request of the Certificate Insurer or three or more Certificateholders of record, for purposes of communicating with other Certificateholders with respect to their rights under this Agreement, the Trustee will afford such Certificateholders access during business hours to the most recent list of Certificateholders held by the Trustee.

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ARTICLE VIII

CONCERNING THE TRUSTEE

Section 8.01. Duties of Trustee.

The Trustee, prior to the occurrence of an Event of Default and after the curing or waiver of all Events of Default which may have occurred, undertakes to perform such duties and only such duties as are specifically set forth in this Agreement. If an Event of Default occurs, is continuing and has not been waived, the Trustee shall exercise such of the rights and powers vested in it by this Agreement, and use the same degree of care and skill in their exercise as a prudent man would exercise or use under the circumstances in the conduct of his own affairs. Any permissive right of the Trustee enumerated in this Agreement shall not be construed as a duty.

The Trustee, upon receipt of all resolutions, certificates, statements, opinions, reports, documents, orders or other instruments furnished to the Trustee which are specifically required to be furnished pursuant to any provision of this Agreement, shall examine them in accordance with the requirements of this Agreement. If any such instrument is found not to conform to the requirements of this Agreement in a material manner, the Trustee shall take such action as it deems appropriate to have the instrument corrected, and if the instrument is not corrected to the Trustee’s satisfaction, the Trustee will provide notice thereof to the Certificateholders. Notwithstanding the foregoing, the Trustee shall not be responsible for the accuracy or content of any resolution, certificate, statement, opinion, report, document, order or other instrument furnished by the Master Servicer hereunder or any Opinion of Counsel required hereunder.

The Trustee shall prepare and file or cause to be filed on behalf of the Trust Fund any tax return that is required with respect to REMIC 1, REMIC 2 and REMIC 3 pursuant to applicable federal, state or local tax laws.

The Trustee covenants and agrees that it shall perform its obligations hereunder in a manner so as to maintain the status of REMIC 1, REMIC 2 and REMIC 3 under the REMIC Provisions and to prevent the imposition of any federal, state or local income, prohibited transaction, contribution or other tax on any of REMIC 1, REMIC 2 or REMIC 3 to the extent that maintaining such status and avoiding such taxes are within the control of the Trustee and are reasonably within the scope of its duties under this Agreement.

No provision of this Agreement shall be construed to relieve the Trustee from liability for its own negligent action, its own negligent failure to act or its own willful misconduct; provided, however, that:

(i) Prior to the occurrence of an Event of Default, and after the curing or waiver of all such Events of Default which may have occurred, the duties and obligations of the Trustee shall be determined solely by the express provisions of this Agreement, the Trustee shall not be liable except for the performance of such duties and obligations as are specifically set forth in this Agreement, no implied covenants or obligations shall be read into this Agreement against the Trustee and, in the absence of bad faith on the part of the Trustee, the Trustee may conclusively rely, as to the truth of the statements and the correctness of the opinions expressed therein, upon any certificates or opinions furnished to the Trustee and conforming to the requirements of this Agreement;

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(ii) The Trustee shall not be liable for an error of judgment made in good faith by a Responsible Officer or Responsible Officers of the Trustee, unless it shall be proved that the Trustee was negligent in ascertaining the pertinent facts; and

(iii) The Trustee shall not be liable with respect to any action taken, suffered or omitted to be taken by it in good faith in accordance with the direction of the Certificate Insurer or the Holders of Certificates entitled to at least 25% of the Voting Rights relating to the time, method and place of conducting any proceeding for any remedy available to the Trustee, or exercising any trust or power conferred upon the Trustee, under this Agreement.

Section 8.02. Certain Matters Affecting the Trustee.

Except as otherwise provided in Section 8.01:

(a) The Trustee may conclusively rely upon and shall be fully protected in acting or refraining from acting in reliance upon any resolution, Officers’ Certificate, certificate of auditors or any other certificate, statement, instrument, opinion, report, notice, request, consent, order, appraisal, bond or other paper or document reasonably believed by it to be genuine and to have been signed or presented by the proper party or parties;

(b) The Trustee may consult with counsel and any Opinion of Counsel shall be full and complete authorization and protection in respect of any action taken or suffered or omitted by it hereunder in good faith and in accordance therewith;

(c) The Trustee shall be under no obligation to exercise any of the trusts or powers vested in it by this Agreement, other than its obligation to give notice pursuant to this Agreement, or to institute, conduct or defend any litigation hereunder or in relation hereto at the request, order or direction of any of the Certificateholders, pursuant to the provisions of this Agreement, unless such Certificateholders or the Certificate Insurer (so long as no Insurer Default has occurred and is continuing) shall have offered to the Trustee security or indemnity satisfactory to it against the costs, expenses and liabilities which may be incurred therein or thereby and the Certificate Insurer (so long as no Insurer Default has occurred and is continuing) has given its consent; nothing contained herein shall, however, relieve the Trustee of the obligation, upon the occurrence of an Event of Default of which a Responsible Officer of the Trustee’s corporate trust department has actual knowledge (which has not been waived or cured), to exercise such of the rights and powers vested in it by this Agreement, and to use the same degree of care and skill in their exercise as a prudent man would exercise or use under the circumstances in the conduct of his own affairs;

(d) The Trustee shall not be liable for any action taken, suffered or omitted by it in good faith and believed by it to be authorized or within the discretion or rights or powers conferred upon it by this Agreement;

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(e) Prior to the occurrence of an Event of Default hereunder and after the curing or waiver of all Events of Default which may have occurred, the Trustee shall not be bound to make any investigation into the facts or matters stated in any resolution, certificate, statement, instrument, opinion, report, notice, request, consent, order, approval, bond or other paper or document, unless requested in writing to do so by the Certificate Insurer (so long as no Insurer Default has occurred and is continuing) or the Holders of Certificates entitled to at least 25% of the Voting Rights with the written consent of the Certificate Insurer (so long as no Insurer Default has occurred and is continuing); provided, however, that if the payment within a reasonable time to the Trustee of the costs, expenses or liabilities likely to be incurred by it in the making of such investigation is, in the opinion of the Trustee, reasonably assured to the Trustee by the security afforded to it by the terms of this Agreement reasonable expense of every such examination shall be paid by the Certificateholders or the Certificate Insurer requesting the investigation;

(f) The Trustee may execute any of the trusts or powers hereunder or perform any duties hereunder either directly or by or through agents, nominees, custodians or attorneys appointed with due care, and shall not be responsible for any willful misconduct or negligence on the part of any agent, attorney, custodian or nominee so appointed;

(g) The Trustee shall not be required to give any bond or surety with respect to the execution of the trust created hereby or the powers granted hereunder; and

(h) Whenever in the administration of the provisions of this Agreement the Trustee shall deem it necessary or desirable that a matter be proved or established prior to taking or suffering any action to be taken hereunder, such matter (unless other evidence in respect thereof be herein specifically prescribed) may, in the absence of gross negligence or bad faith on the part of the Trustee, be deemed to be conclusively proved and established by a certificate signed and delivered to the Trustee and such certificate, in the absence of gross negligence or bad faith on the part of the Trustee, shall be full warrant to the Trustee for any action taken, suffered or omitted by it under the provisions of this Agreement upon the faith thereof.

The Trustee shall have no obligation to invest and reinvest any cash held in the absence of timely and specific written investment direction from the Master Servicer. In no event shall the Trustee be liable for the selection of investments or for investment losses incurred thereon. The Trustee shall have no liability in respect of losses incurred as a result of the liquidation of any investment incurred as a result of the liquidation of any investment prior to its stated maturity or the failure of the Master Servicer to provide timely written investment direction.

In order to comply with the laws, rules, regulations and executive orders in effect from time to time applicable to banking institutions, including those relating to the funding of terrorist activities and money laundering (“Lending Laws”), the Trustee is required to obtain, verify and record certain information relating to individuals and entities which maintain a business relationship with the Trustee. Accordingly, each of the parties agrees to provide to the Trustee upon its request from time to time such identifying information and documentation as may be available for such party in order to enable the Trustee to comply with the Lending Laws.

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Section 8.03. Trustee Not Liable for Certificates or Mortgage Loans.

The recitals contained herein and in the Certificates (other than the signature of the Trustee, the authentication of the Trustee on the Certificates, the acknowledgments of the Trustee contained in Article II) shall be taken as the statements of the Depositor and the Trustee assumes no responsibility for their correctness. The Trustee makes no representations or warranties as to the validity or sufficiency of this Agreement or of the Certificates (other than the signature and authentication of the Trustee on the Certificates) or of any Mortgage Loan or related document, or of MERS or the MERS® System. The Trustee shall not be accountable for the use or application by the Depositor of any of the Certificates or of the proceeds of such Certificates, or for the use or application of any funds paid to the Depositor or the Master Servicer in respect of the Mortgage Loans or deposited in or withdrawn from the Custodial Account by the Master Servicer.

Section 8.04. Trustee May Own Certificates.

The Trustee in its individual or any other capacity (other than as Trustee hereunder) may become the owner or pledgee of Certificates with the same rights it would have if it were not Trustee and may otherwise deal with the parties hereto.

Section 8.05. Trustee’s Fees.

On each Distribution Date, the Trustee shall be entitled to withdraw from the Certificate Account as compensation hereunder any amounts earned on funds in the Certificate Account. Such compensation (which shall not be limited by any provision of law in regard to the compensation of a trustee of an express trust) shall be paid for all services rendered by it in the execution of the trusts hereby created and in the exercise and performance of any of the powers and duties hereunder or of the Trustee. Except as otherwise provided in this Agreement, the Trustee and any director, officer, employee or agent of the Trustee shall be indemnified and held harmless by the Trust Fund against any claim, loss, liability, fee or expense incurred in connection with any Event of Default, any breach of this Agreement or any claim or legal action (including any pending or threatened claim or legal action), relating to the acceptance or administration of its trusts hereunder or the Trustee’s performance under the Certificates, other than any claim, loss, liability or expense (i) sustained in connection with this Agreement related to the willful misfeasance, bad faith or negligence of the Master Servicer in the performance of its duties hereunder or (ii) incurred in connection with a breach constituting willful misfeasance, bad faith or negligence of the Trustee in the performance of its duties hereunder or by reason of reckless disregard of its obligations and duties hereunder.

The Master Servicer shall indemnify the Trustee and any director, officer, employee or agent of the Trustee against any such claim or legal action (including any pending or threatened claim or legal action), loss, liability, fee or expense that may be sustained in connection with this Agreement related to the willful misfeasance, bad faith, or negligence in the performance of the Master Servicer's duties hereunder.

The provisions of this Section 8.05 shall survive the resignation or removal of the Trustee or the termination of this Agreement.

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Section 8.06. Eligibility Requirements for Trustee.

The Trustee hereunder shall at all times be a corporation or a national banking association organized and doing business under the laws of any state or the United States of America or the District of Columbia, authorized under such laws to exercise corporate trust powers, having a combined capital and surplus of at least $50,000,000 and subject to supervision or examination by federal or state authority. In addition, the Trustee shall at all times be acceptable to the Rating Agency rating the Certificates. If such corporation publishes reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purposes of this Section the combined capital and surplus of such corporation shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. In case at any time the Trustee shall cease to be eligible in accordance with the provisions of this Section, the Trustee shall resign immediately in the manner and with the effect specified in Section 8.07. The corporation or national banking association serving as Trustee may have normal banking and trust relationships with the Sponsor and their affiliates or the Master Servicer and its affiliates; provided, however, that such corporation cannot be an affiliate of the Master Servicer other than the Trustee in its role as successor to the Master Servicer.

Section 8.07. Resignation and Removal of the Trustee.

The Trustee may at any time resign and be discharged from the trusts hereby created by giving written notice thereof to the Master Servicer; with a copy to the Rating Agencies, the Certificate Insurer and the Swap Provider; provided, that such resignation shall not be effective until successor trustee is appointed and accepts appointment in accordance with the following provisions; provided, however, that the resigning trustee shall not resign and be discharged from the trusts hereby created until such time as the Rating Agency rating the Certificates and the Certificate Insurer approves the successor trustee. Upon receiving such notice of resignation, the Master Servicer shall promptly appoint successor trustee who meets the eligibility requirements of Section 8.06 by written instrument, in triplicate, one copy of which instrument shall be delivered to the resigning trustee and to the successor trustee. If no successor trustee shall have been so appointed and have accepted appointment within 30 days after the giving of such notice of resignation, the resigning trustee may petition any court of competent jurisdiction for the appointment of a successor trustee.

If at any time the Trustee shall cease to be eligible in accordance with the provisions of Section 8.06 and shall fail to resign after written request therefor by the Master Servicer, or if at any time the Trustee shall become incapable of acting, or shall be adjudged bankrupt or insolvent, or a receiver of the Trustee or of its property shall be appointed, or any public officer shall take charge or control of the Trustee or of its property or affairs for the purpose of rehabilitation, conservation or liquidation, the Master Servicer with the consent of the Certificate Insurer (so long as no Insurer Default has occurred and is continuing), which consent shall not be unreasonably withheld, may remove the Trustee and appoint successor trustee who meets the eligibility requirements of Section 8.06 by written instrument, in triplicate, which instrument shall be delivered to the Trustee so removed and to the successor trustee.

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Any resignation or removal of the Trustee and appointment of a successor trustee pursuant to any of the provisions of this Section shall not become effective until acceptance of appointment by the successor trustee as provided in Section 8.08.

Section 8.08. Successor Trustee.

Any successor trustee appointed as provided in Section 8.07 shall execute, acknowledge and deliver to the Master Servicer an instrument accepting such appointment hereunder, and thereupon the resignation or removal of the predecessor trustee shall become effective and such successor trustee, without any further act, deed or conveyance, shall become fully vested with all the rights, powers, duties and obligations of its predecessor hereunder, with the like effect as if originally named as trustee herein. The predecessor trustee shall after payment of its outstanding fees and expenses, promptly deliver to the successor trustee all assets and records of the Trust Fund held by it hereunder, and the Master Servicer and the predecessor trustee shall execute and deliver all such instruments and do such other things as may reasonably be required for more fully and certainly vesting and confirming in the successor trustee all such rights, powers, duties and obligations.

No successor trustee shall accept appointment as provided in this Section unless at the time of such acceptance such successor trustee shall be eligible under the provisions of Section 8.06.

Upon acceptance of appointment by successor trustee as provided in this Section, the Master Servicer shall mail notice of the succession of such trustee hereunder to all Holders of Certificates at their addresses as shown in the Certificate Register. If the Master Servicer fails to mail such notice within ten days after acceptance of appointment by the successor trustee, the successor trustee shall cause such notice to be mailed at the expense of the Master Servicer.

Any person appointed as successor trustee pursuant to Section 8.08 shall also be required to serve as successor supplemental interest trust trustee under the derivative documents.

Section 8.09. Merger or Consolidation of Trustee.

Any state bank or trust company or corporation or national banking association into which the Trustee may be merged or converted or with which it may be consolidated or any state bank or trust company or national banking association resulting from any merger, conversion or consolidation to which the Trustee shall be a party, or any state bank or trust company or corporation or national banking association succeeding to all or substantially all of the corporate trust business of the Trustee, shall be the successor of the Trustee hereunder, provided such state bank or trust company or corporation or national banking association shall be eligible under the provisions of Section 8.06 without the execution or filing of any paper or any further act on the part of any of the parties hereto, anything herein to the contrary notwithstanding.

Section 8.10. Appointment of Co-Trustee or Separate Trustee.

Notwithstanding any other provisions hereof, at any time, for the purpose of meeting any legal requirements of any jurisdiction in which any part of the Trust Fund or property securing the same may at the time be located, the Master Servicer and the Trustee acting jointly shall have the power and shall execute and deliver all instruments to appoint one or more Persons approved by the Trustee to act as co-trustee or co-trustees, jointly with the Trustee or separate trustee or separate trustees, of all or any part of the Trust Fund, and to vest in such Person or Persons, in such capacity, such title to the Trust Fund, or any part thereof, and, subject to the other provisions of this Section 8.10, such powers, duties, obligations, rights and trusts as the Master Servicer and the Trustee may consider necessary or desirable. If the Master Servicer shall not have joined in such appointment within 15 days after the receipt by it of a request so to do, or in case an Event of Default shall have occurred and be continuing, the Trustee alone shall have the power to make such appointment without the Master Servicer. No co-trustee or separate trustee hereunder shall be required to meet the terms of eligibility as successor trustee under Section 8.06 hereunder and no notice to Holders of Certificates of the appointment of co-trustee(s) or separate trustee(s) shall be required under Section 8.08 hereof.

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In the case of any appointment of a co-trustee or separate trustee pursuant to this Section 8.10, all rights, powers, duties and obligations conferred or imposed upon the Trustee and required to be conferred or such co-trustee shall be conferred or imposed upon and exercised or performed by the Trustee and such separate trustee or co-trustee jointly, except to the extent that under any law of any jurisdiction in which any particular act or acts are to be performed (whether as Trustee hereunder or as successor to the Master Servicer hereunder), the Trustee shall be incompetent or unqualified to perform such act or acts, in which event such rights, powers, duties and obligations (including the holding of title to the Trust Fund or any portion thereof in any such jurisdiction) shall be exercised and performed by such separate trustee or co-trustee at the direction of the Trustee.

Any notice, request or other writing given to the Trustee shall be deemed to have been given to each of the then separate trustees and co-trustees, as effectively as if given to each of them. Every instrument appointing any separate trustee or co-trustee shall refer to this Agreement and the conditions of this Article VIII. Each separate trustee and co-trustee, upon its acceptance of the trusts conferred, shall be vested with the estates or property specified in its instrument of appointment, either jointly with the Trustee or separately, as may be provided therein, subject to all the provisions of this Agreement, specifically including every provision of this Agreement relating to the conduct of, affecting the liability of, or affording protection to, the Trustee. Every such instrument shall be filed with the Trustee.

Any separate trustee or co-trustee may, at any time, constitute the Trustee its agent or attorney-in-fact, with full power and authority, to the extent not prohibited by law, to do any lawful act under or in respect of this Agreement on its behalf and in its name. If any separate trustee or co-trustee shall die, become incapable of acting, resign or be removed, all of its estates, properties, rights, remedies and trusts shall vest in and be exercised by the Trustee to the extent permitted by law, without the appointment of a new or successor trustee.

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ARTICLE IX

TERMINATION

Section 9.01. Termination Upon Repurchase or Liquidation of All Mortgage Loans or upon Purchase of Certificates.

(a) Subject to Section 9.03, the respective obligations and responsibilities of the Depositor, the Master Servicer and the Trustee created hereby (other than the obligations of the Master Servicer to the Trustee pursuant to Section 8.05 and of the Master Servicer to provide for and the Trustee to make payments to Certificateholders as hereafter set forth) shall terminate upon payment to the Certificateholders of all amounts held by or on behalf of the Trustee and required to be paid to them hereunder following the earlier to occur of (i) the repurchase by the Master Servicer or its designee of all Mortgage Loans and each REO Property in respect thereof remaining in the Trust Fund at a price in cash equal to (a) 100% of the unpaid principal balance of each Mortgage Loan (other than one as to which a REO Property was acquired) on the day of repurchase together with accrued interest on such unpaid principal balance at the Net Mortgage Rate to the first day of the month in which the proceeds of such repurchase are to be distributed, plus (b) the appraised value of any REO Property (but not more than the unpaid principal balance of the related Mortgage Loan, together with accrued interest on that balance at the Net Mortgage Rate to the first day of the month such repurchase price is distributed), less the good faith estimate of the Master Servicer of liquidation expenses to be incurred in connection with its disposal thereof, such appraisal to be conducted by an appraiser selected by the Master Servicer at the expense of the Master Servicer, plus (c) any Swap Termination Payment (which shall include any Net Swap Payment payable for the final Distribution Date) payable to the Swap Provider pursuant to the Interest Rate Swap Agreement which remains unpaid or which is due to the exercise of such option (a “Swap Optional Termination Payment”) and plus (d) any unreimbursed amounts owed to the Certificate Insurer under the Certificate Guaranty Insurance Policy, the Insurance Agreement and this Agreement, and (ii) the final payment or other liquidation (or any Advance with respect thereto) of the last Mortgage Loan remaining in the Trust Fund (or the disposition of all REO Property in respect thereof); provided, however, that in no event shall the trust created hereby continue beyond the earlier of (i) the Distribution Date occurring in September 2037 (ii) the expiration of 21 years from the death of the last survivor of the descendants of Xxxxxx X. Xxxxxxx, the late ambassador of the United States to the Court of St. Xxxxx, living on the date hereof and (iii) the “latest possible maturity date” specified in the Preliminary Statement with respect to the related Regular Interests and Certificates, and provided further, that the purchase price set forth above shall be increased as is necessary, as determined by the Master Servicer, to avoid disqualification of any of REMIC 1, REMIC 2 or REMIC 3 as a REMIC. In the case of any repurchase by the Master Servicer pursuant to clause (i), the Master Servicer shall exercise reasonable efforts to cooperate fully with the Trustee in effecting such repurchase and the transfer of the Mortgage Loans and related Mortgage Files and related records to the Master Servicer.

The right of the Master Servicer or its designee to repurchase all Mortgage Loans pursuant to (i) above shall be conditioned upon the Aggregate Stated Principal Balance of such Mortgage Loans at the time of any such repurchase aggregating to an amount equal to or less than 10% of the Cut-off Date Balance; provided, however, that no such purchase will be permitted if it would result in a draw on the Certificate Guaranty Insurance Policy or any amounts owed to the Certificate Insurer would remain unpaid, unless the Certificate Insurer consents in writing to such purchase. If such right is exercised, the Master Servicer upon such repurchase shall provide to the Trustee, and the Certificate Insurer notice of such exercise prior to the Determination Date in the month preceding the month of purchase and the certification required by Section 3.16.

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In the case of a repurchase of Mortgage Loans and REO Property pursuant to clause (a)(i) above, only an amount equal to the repurchase price specified in such clause (a)(i) above for such Mortgage Loans and REO Property, less any Swap Optional Termination Payment and any portion of the repurchase price consisting of the unreimbursed amounts owed to the Certificate Insurer, shall be made available for distribution to the Regular Certificates and Class IO Interests. The Swap Optional Termination Payment shall be withdrawn by the Trustee from the Certificate Account and remitted to the Supplemental Interest Trust to be paid in accordance with Section 4.09(ii). The Swap Optional Termination Payment shall not be part of any REMIC and shall not be paid into any account which is part of any REMIC.

(b) The Master Servicer has the right to repurchase all of the Mortgage Loans and related REO Properties pursuant to clause (i) of Section 9.01(a), conditioned upon the Aggregate Stated Principal Balance of such Mortgage Loans at the time of any such repurchase aggregating to an amount equal to or less than 10% of the Cut-off Date Balance. If the Master Servicer elects to terminate the Trust pursuant to this Section 9.01 (such termination, an “Optional Termination”), the Master Servicer shall, at least 20 days prior to the last date on which notice of such Optional Termination is required to be mailed to the Certificateholders pursuant to 9.01(f), notify in writing (which may be done in electronic format) the Depositor, the Master Servicer, the Trustee and the Swap Provider of the final Distribution Date on which the Master Servicer intends to terminate the Trust Fund.

(c) In connection with any Optional Termination, four Business Days prior to the final Distribution Date specified in the notice required pursuant to Section 9.01(f), the Master Servicer shall, no later than 4:00 pm New York City time on such day, request in writing (in accordance with the applicable provision of the Interest Rate Swap Agreement) and by phone from the Swap Provider the amount of the Estimated Swap Termination Payment. The Swap Provider shall, no later than 2:00 pm on the following Business Day, notify in writing (which may be done in electronic format) the Trustee of the amount of the Estimated Swap Termination Payment; the Trustee shall promptly on the same day notify the Master Servicer of the amount of the Estimated Swap Termination Payment.

(d) Two Business Days prior to the final Distribution Date specified in the notice required pursuant to Section 9.01(f), (i) the Master Servicer shall, no later than 1:00 pm New York City time on such day, deposit funds in the Certificate Account in an amount equal to the sum of the purchase price (other than the Swap Optional Termination Payment) and the Estimated Swap Termination Payment, and (ii) if Trustee is notified in writing that the aggregate Stated Principal Balance of all of the Mortgage Loans in the Trust Fund as of the related Determination Date is not more than 10% of the aggregate Cut-off Date Balance of all of the Mortgage Loans, and the requirements of the Optional Termination set forth in this Section 9.01 and Section 9.03 have been met, including the deposit required pursuant to the immediately preceding clause (i) then the Trustee shall, on the same Business Day, provide written notice to the Depositor, the Certificate Insurer, the Master Servicer, the Trustee on behalf of the Supplemental Interest Trust and the Swap Provider confirming (in accordance with the applicable provisions of the Interest Rate Swap Agreement) its receipt of the purchase price (other than the Swap Optional Termination Payment) and the Estimated Swap Termination Payment. Upon the Trustee’s providing the notice described in the preceding sentence, the Optional Termination shall become irrevocable, the notice to the related Certificateholders of such Optional Termination provided pursuant to the second paragraph of Section 9.01(f) shall become unrescindable, the Swap Provider shall determine the Swap Optional Termination Payment in accordance with the Interest Rate Swap Agreement, and the Swap Provider shall provide to the Trustee written notice of the amount of the Swap Optional Termination Payment not later than one Business Day prior to the final Distribution Date specified in the notice required pursuant to Section 9.01(f) and in the event the Trustee fails to provide the notice described in the preceding sentence, any notice provided under Section 9.01(f) shall be deemed rescinded.

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(e) In connection with any Optional Termination, only an amount equal to the purchase price less any Swap Optional Termination Payment and less any amounts payable to the Certificate Insurer shall be made available for distribution to the related Regular Certificates; provided that the amount to be distributed to the Class AM Certificates and to the Certificate Insurer must not result in a draw on the Certificate Guaranty Insurance Policy or leave any amount owed to the Certificate Insurer unpaid. Any Estimated Swap Termination Payment deposited into the Distribution Account by the Master Servicer shall be withdrawn by the Trustee from the Distribution Account on the related final Distribution Date (prior to the distribution of any amounts pursuant to Section 9.01(f)) and distributed as follows: (i) to the Supplemental Interest Trust for payment to the Swap Provider in accordance with Section 4.09(ii), as applicable, an amount equal to the Swap Optional Termination Amount calculated pursuant to the Interest Rate Swap Agreement, provided that in no event shall the amount distributed to the Swap Provider in respect of the Swap Optional Termination Amount exceed the Estimated Swap Termination Payment, and (ii) to the Master Servicer an amount equal to the excess, if any, of the Estimated Swap Termination Payment over the Swap Optional Termination Payment. The Swap Optional Termination Payment shall not be part of any REMIC and shall not be paid into any account which is part of any REMIC.

(f) Written notice of any termination, specifying the Distribution Date upon which the Certificateholders may surrender their Certificates to the Trustee for payment of the final distribution and cancellation, shall be given promptly by the Trustee by letter to the Certificateholders and the Swap Provider and the Certificate Insurer mailed (a) in the event such notice is given in connection with the Master Servicer's election to repurchase, not earlier than the 15th day and not later than the 25th day of the month next preceding the month of such final distribution or (b) otherwise during the month of such final distribution on or before the 15th day of the month (or if such 15th day is not a Business Day, on the Business Day immediately preceding such 15th day) in such month, in each case specifying (i) the Distribution Date upon which final payment of such Certificates will be made upon presentation and surrender of Certificates at the office of the Trustee therein designated, (ii) the amount of any such final payment and (iii) that the Record Date otherwise applicable to such Distribution Date is not applicable, payments being made only upon presentation and surrender of such Certificates at the office of the Trustee therein specified. In the event such notice is given in connection with the Master Servicer or its designee's election to repurchase, the Master Servicer or its designee shall deliver to the Trustee for deposit in the Certificate Account on the day which is two Business Days immediately preceding the Distribution Date specified in such notice an amount equal to the above-described repurchase price payable out of its own funds. Upon presentation and surrender of the Certificates by the Certificateholders, the Trustee shall first, pay itself its fee for such Distribution Date (as described in Section 8.05 ) and any other amounts owing to the Trustee under this Agreement, and second, distribute to such Certificateholders and the Certificate Insurer (i) the amount otherwise distributable on such Distribution Date, if not in connection with the Master Servicer's election to repurchase, or (ii) if the Master Servicer elected to so repurchase, an amount determined as follows: with respect to each Regular Certificate, the outstanding Certificate Principal Balance thereof, plus with respect to each Regular Certificate (other than the Class P Certificates) and the Class IO Interest, one month's interest thereon at the applicable Pass-Through Rate, or otherwise distributable thereto, and any Unpaid Interest Shortfall Amount, plus with respect to each Subordinate Certificate, any unpaid Allocated Realized Loss Amount; with respect to the Class R Certificates, the Percentage Interest evidenced thereby multiplied by the difference, if any, between the above described repurchase price (as adjusted in accordance with the preceding paragraph) and the aggregate amount to be distributed to the Holders of the Regular Certificates and the Class IO Interest, subject to the priorities set forth in Section 4.01; and with respect to the Certificate Insurer, any amounts owed under the Certificate Guaranty Insurance Policy, the Insurance Agreement and this Agreement. Upon certification to the Trustee by a Servicing Officer, following such final deposit, the Trustee shall promptly release the Mortgage Files as directed by the Master Servicer for the remaining Mortgage Loans, and the Trustee shall execute all assignments, endorsements and other instruments required by the Master Servicer as being necessary to effectuate such transfer.

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In the event that all of the Certificateholders shall not surrender their Certificates for cancellation within six months after the time specified in the above-mentioned notice, the Trustee shall give a second notice to the remaining Certificateholders to surrender their Certificates for cancellation and receive the final distribution with respect thereto. If within six months after the second notice all of the Certificates shall not have been surrendered for cancellation, the Trustee shall take reasonable steps as directed by the Depositor in writing, or appoint an agent to take reasonable steps, to contact the remaining Certificateholders concerning surrender of their Certificates, and the cost thereof shall be paid out of the funds and other assets which remain subject hereto. If within nine months after the second notice all the Certificates shall not have been surrendered for cancellation, the Class R Certificateholders shall be entitled to all unclaimed funds and other assets which remain subject hereto.

Section 9.02. Termination of REMIC 3 and Retirement of Class R Certificates.

REMIC 3 shall be terminated on the earlier of (i) the date on which the last distribution due on each of the REMIC 3 Regular Interests and Class R Certificates (in respect of the Class R-3 Interest) is made and (ii) the date on which it is terminated pursuant to an optional repurchase of all of the Mortgage Loans in accordance with Section 9.03. Notwithstanding anything to the contrary herein, the Class R Certificates will not be retired until the retirement of all the other Certificates.

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Section 9.03. Additional Termination Requirements.

(a) In the event the Master Servicer repurchases the Mortgage Loans or REO Property as provided in Section 9.01, the Trust Fund shall be terminated in accordance with the following additional requirements, unless the Master Servicer, at its own expense, obtains for the Trustee an Opinion of Counsel (which shall be provided to the Trustee at least two Business Days prior to the related Distribution Date) to the effect that the failure of the Trust Fund to comply with the requirements of this Section 9.03 will not (i) result in the imposition on the Trust of taxes on “prohibited transactions,” as described in Section 860F of the Code, or (ii) cause either REMIC 1, REMIC 2 or REMIC 3 to fail to qualify as a REMIC at any time that any Certificate is outstanding:

(i) The Master Servicer shall establish a 90-day liquidation period and notify the Trustee in writing thereof, and the Trustee shall in turn specify the first day of such period in a statement attached to the Tax Return for each of REMIC 1, REMIC 2 and REMIC 3 pursuant to Treasury Regulation Section 1.860F-1. The Master Servicer and the Trustee also shall satisfy all of the requirements of a qualified liquidation for REMIC 1, REMIC 2 and REMIC 3 under Section 860F of the Code and regulations thereunder, as evidenced by an Opinion of Counsel obtained at the expense of the Master Servicer, as applicable;

(ii) During such 90-day liquidation period, and at or prior to the time of making the final payment on the Certificates, the Trustee shall sell all of the assets of REMIC 1 for cash; and

(iii) At the time of the making of the final payment on the Certificates, the Trustee shall distribute or credit, or cause to be distributed or credited, to the Holders of the Class R Certificates, all cash on hand (other than cash retained to meet claims), and REMIC 1 shall terminate at that time.

(b) By their acceptance of the Certificates, the Holders thereof hereby authorize the adoption of a 90-day liquidation period and the adoption of a plan of complete liquidation for the REMICs, which authorization shall be binding upon all successor Certificateholders.

(c) The Trustee as agent for each REMIC hereby agrees to adopt and sign the related plan of complete liquidation meeting the requirements for a qualified liquidation under Section 860F of the Code and any regulations thereunder upon the written request of the Master Servicer and the receipt of the Opinion of Counsel referred to in clause (a)(i) above and to take such other action in connection therewith as may be reasonably requested by the Master Servicer.

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ARTICLE X

REMIC PROVISIONS

Section 10.01. REMIC Administration.

(a) The Trustee shall make an election to treat the Trust Fund as three REMICs under the Code and, if necessary, under applicable state law. Each such election will be made on Form 1066 or other appropriate federal tax or information return (including Form 8811) or any appropriate state return for the taxable year ending on the last day of the calendar year in which the Certificates are issued. For the purposes of the REMIC elections in respect of the Trust Fund, (i) the Class R-1 Interest will constitute the sole class of Residual Interests in REMIC 1, the REMIC 1 Regular Interests shall be designated as the Regular Interests in REMIC 1 (ii) the Class R-2 Interest will constitute the sole class of Residual Interests in REMIC 2, the REMIC 2 Regular Interests shall be designated as the Regular Interests in REMIC 2, and (iii) the Class R-3 Interest will constitute the sole class of Residual Interests in REMIC 3, and the REMIC 3 Regular Interests shall be designated as the Regular Interests in REMIC 3. The Master Servicer and the Trustee shall not permit the creation of any “interests” (within the meaning of Section 860G of the Code) in REMIC 1, REMIC 2 or REMIC 3 other than the REMIC 1 Regular Interests, REMIC 2 Regular Interests, REMIC 3 Regular Interests, the Class R-1 Interest, the Class R-2 Interest and the Class R-3 Interest. The Trustee will apply for an Employee Identification Number from the Internal Revenue Service via Form SS-4 or any other acceptable method for each of REMIC 1, REMIC 2 and REMIC 3.

(b) The Closing Date is hereby designated as the “startup day” of the Trust Fund within the meaning of Section 860G(a)(9) of the Code.

(c) The Trustee shall pay out of its own funds, without any right of reimbursement, any and all expenses relating to any tax audit of the REMICs (including, but not limited to, any professional fees or any administrative or judicial proceedings with respect to the REMICs that involve the Internal Revenue Service or state tax authorities), other than the expense of obtaining any tax-related Opinion of Counsel except as specified herein. The Trustee, as agent for the REMICs' Tax Matters Person, shall (i) act on behalf of the REMICs in relation to any tax matter or controversy involving the Trust Fund and (ii) represent the Trust Fund in any administrative or judicial proceeding relating to an examination or audit by any governmental taxing authority with respect thereto.

(d) The Trustee shall prepare, sign and file all of the Tax Returns (including Form 8811, which must be filed within 30 days of the Closing Date) in respect of the REMICs created hereunder. The expenses of preparing and filing such returns shall be borne by the Trustee without any right of reimbursement therefor. The Master Servicer shall provide on a timely basis to the Trustee or its designee such information with respect to the assets of the REMICs as is in its possession and reasonably required by the Trustee to enable it to perform its obligations under this Article X.

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(e) The Trustee shall perform on behalf of the REMICs all reporting and other tax compliance duties that are the responsibility of the REMICs under the Code, the REMIC Provisions or other compliance guidance issued by the Internal Revenue Service or any state or local taxing authority. Among its other duties, as required by the Code, the REMIC Provisions or other such compliance guidance, the Trustee shall provide (i) to any Transferor of a Class R Certificate such information as is necessary for the application of any tax relating to the transfer of a Class R Certificate to any Person who is not a Permitted Transferee, (ii) to the Certificateholders such information or reports as are required by the Code or the REMIC Provisions including reports relating to interest, original issue discount and market discount or premium (using the Prepayment Assumption as required) and (iii) to the Internal Revenue Service the name, title, address and telephone number of the Person who will serve as the representative of the REMICs. The Master Servicer shall provide on a timely basis to the Trustee such information with respect to the assets of the REMICs, including, without limitation, the Mortgage Loans, as is in its possession and reasonably required by the Trustee to enable it to perform its obligations under this subsection. In addition, the Depositor shall provide or cause to be provided to the Trustee, within ten (10) days after the Closing Date, all information or data that the Trustee reasonably determines to be relevant for tax purposes as to the valuations and issue prices of the Certificates, including, without limitation, the price, yield, Prepayment Assumption and projected cash flow of the Certificates.

(f) The Trustee shall take such action and shall cause the REMICs created hereunder to take such action as shall be necessary to create or maintain the status thereof as REMICs under the REMIC Provisions (and the Master Servicer shall assist it, to the extent reasonably requested by it). The Trustee shall not take any action or cause the Trust Fund to take any action, or fail to take (or fail to cause to be taken), any action that, under the REMIC Provisions, if taken or not taken, as the case may be, could (i) endanger the status of the REMIC 1, REMIC 2 or REMIC 3 as REMICs or (ii) result in the imposition of a tax upon the REMICs (including but not limited to the tax on prohibited transactions as defined in Section 860F(a)(2) of the Code and the tax on contributions to a REMIC set forth in Section 860G(d) of the Code) (either such event, an “Adverse REMIC Event”) unless the Trustee has received an Opinion of Counsel, addressed to the Trustee (at the expense of the party seeking to take or not take such action, but in no event at the expense of the Trustee) to the effect that the contemplated action or omission will not, with respect to the REMICs created hereunder, endanger such status or result in the imposition of such a tax; nor shall the Master Servicer take, or fail to take, any action (whether or not authorized hereunder) as to which the Trustee has advised it in writing that it has received an Opinion of Counsel to the effect that an Adverse REMIC Event could occur with respect to the taking, or omission of, such action. In addition, prior to taking, or failing to take, any action with respect to the REMICs or the assets of the REMICs, or causing, or failing to cause, the REMICs to take any action, which is not contemplated under the terms of this Agreement, the Master Servicer will consult with the Trustee or its designee, in writing, with respect to whether the taking, or omission of, such action could cause an Adverse REMIC Event to occur with respect to any REMIC, and the Master Servicer shall not take, or fail to take, any such action, or cause, or fail to cause, any REMIC to take, any such action as to which the Trustee has advised it in writing that an Adverse REMIC Event could occur. The Trustee may consult with counsel to provide such written advice, and the cost of same shall be borne by the party seeking to take or not take the action other than as permitted by this Agreement, but in no event shall such cost be an expense of the Trustee. At all times as may be required by the Code, the Trustee will ensure that substantially all of the assets of the REMICs created hereunder will consist of “qualified mortgages” as defined in Section 860G(a)(3) of the Code and “permitted investments” as defined in Section 860G(a)(5) of the Code.

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(g) In the event that any tax is imposed on “prohibited transactions” of any REMIC created hereunder as defined in Section 860F(a)(2) of the Code, on the “net income from foreclosure property” of any REMIC as defined in Section 860G(c) of the Code, on any contributions to any REMIC after the Startup Day therefor pursuant to Section 860G(d) of the Code, or any other tax is imposed by the Code or any applicable provisions of state or local tax laws, such tax shall be charged (i) to the Trustee pursuant to Section 10.03 hereof, if such tax arises out of or results from a breach by the Trustee of any of its obligations under this Article X, (ii) to the Master Servicer pursuant to Section 10.03 hereof, if such tax arises out of or results from a breach by the Master Servicer of any of its obligations under Article III or this Article X or otherwise, (iii) to the Master Servicer as provided in Section 3.05 and (iv) against amounts on deposit in the Certificate Account and shall be paid by withdrawal therefrom to the extent not required to be paid by the Master Servicer or the Trustee pursuant to another provision of this Agreement.

(h) On or before April 15 of each calendar year, commencing April 15, 2008, the Trustee shall deliver to the Master Servicer and the Rating Agency a Certificate from a Responsible Officer of the Trustee stating the Trustee’s compliance with this Article X.

(i) The Trustee shall, for federal income tax purposes, maintain books and records with respect to the REMICs on a calendar year and on an accrual basis.

(j) Following the Startup Day, the Trustee shall not accept any contributions of assets to the REMICs other than in connection with any Qualified Substitute Mortgage Loan delivered in accordance with Section 2.04 unless it shall have received an Opinion of Counsel to the effect that the inclusion of such assets in the REMICs will not cause REMIC 1, REMIC 2 or REMIC 3 to fail to qualify as REMICs at any time that any Certificates are outstanding or subject any of REMIC 1, REMIC 2 or REMIC 3 to any tax under the REMIC Provisions or other applicable provisions of federal, state and local law or ordinances.

(k) Neither the Trustee nor the Master Servicer shall enter into any arrangement under which the REMICs will receive a fee or other compensation for services nor permit the REMICs to receive any income from assets other than “qualified mortgages” as defined in Section 860G(a)(3) of the Code or “permitted investments” as defined in Section 860G(a)(5) of the Code.

Section 10.02. Prohibited Transactions and Activities.

None of the Depositor, the Master Servicer or the Trustee shall (except as otherwise expressly permitted under the terms of this Agreement) (1) sell, dispose of, or substitute any property for any of, the Mortgage Loans (except in connection with (i) the foreclosure of a Mortgage Loan, including but not limited to, the acquisition or sale of a Mortgaged Property acquired by deed in lieu of foreclosure, (ii) the bankruptcy of the Trust Fund, (iii) the termination of REMIC 1, REMIC 2 or REMIC 3 pursuant to Article IX of this Agreement, (iv) a substitution pursuant to Article II of this Agreement or (v) a purchase of defective or defaulted Mortgage Loans pursuant to Article II or III of this Agreement), (2) acquire any assets for the Trust Fund (other than REO Property acquired in respect of a defaulted Mortgage Loan), (3) sell or dispose of any investments in the Custodial Account or the Certificate Account for gain, (4) accept any contributions to the REMICs after the Closing Date (other than a Qualified Substitute Mortgage Loan delivered in accordance with Section 2.04), in each case, unless it has received an Opinion of Counsel, addressed to the Trustee (at the expense of the party seeking to cause such sale, disposition, substitution, acquisition or contribution, but in no event at the expense of the Trustee) that such sale, disposition, substitution, acquisition or contribution will not (a) affect adversely the status of REMIC 1, REMIC 2 or REMIC 3 as REMICs or (b) cause the Trust Fund to be subject to a tax on “prohibited transactions” or “contributions” pursuant to the REMIC Provisions.

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Section 10.03. Master Servicer and Trustee Indemnification.

(a) The Trustee agrees to indemnify the Trust Fund, the Depositor, and the Master Servicer for any taxes and costs including, without limitation, any reasonable attorneys' fees imposed on or incurred by the Trust Fund, the Depositor or the Master Servicer, as a result of a breach of the Trustee’s covenants set forth in this Article X.

(b) The Master Servicer agrees to indemnify the Trust Fund, the Depositor and the Trustee for any taxes and costs including, without limitation, any reasonable attorneys' fees imposed on or incurred by the Trust Fund, the Certificate Insurer, the Depositor or the Trustee, as a result of a breach of the Master Servicer's covenants set forth in Article III or this Article X, in each case with respect to compliance with the REMIC Provisions.

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ARTICLE XI

MISCELLANEOUS PROVISIONS

Section 11.01. Amendment.

This Agreement may be amended from time to time by the Depositor, the Master Servicer and the Trustee, with the consent of the Certificate Insurer (so long as no Insurer Default has occurred and is continuing) and without the consent of any of the Certificateholders or the Swap Provider, (i) to cure any ambiguity, (ii) to correct or supplement any provisions herein which may be defective or inconsistent with any other provisions herein or to correct any error, (iii) to amend this Agreement in any respect subject to the provisions in clauses (A) and (B) below, or (iv) if such amendment, as evidenced by an Opinion of Counsel (provided by the Person requesting such amendment) delivered to the Trustee, is reasonably necessary to comply with any requirements imposed by the Code or any successor or amendatory statute or any temporary or final regulation, revenue ruling, revenue procedure or other written official announcement or interpretation relating to federal income tax laws or any proposed such action which, if made effective, would apply retroactively to the Trust Fund at least from the effective date of such amendment; provided that such action (except any amendment described in (iv) above) shall not adversely affect in any material respect the interests of any Certificateholder (other than Certificateholders who shall consent to such amendment), the Certificate Insurer (if an Insurer Default has occurred and is continuing) and the Swap Provider, as evidenced by (A) an Opinion of Counsel (provided by the Person requesting such amendment) delivered to the Trustee, the Swap Provider and the Certificate Insurer and (B) a letter from each Rating Agency, confirming that such amendment shall not cause it to lower its rating on any of the Certificates without taking the Certificate Guaranty Insurance Policy into account.

This Agreement may also be amended from time to time by the Depositor, the Master Servicer and the Trustee with the consent of the Certificate Insurer and Holders of Certificates entitled to at least 66-2/3% of the Voting Rights for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of this Agreement or of modifying in any manner the rights of the Holders of Certificates; provided, however, that no such amendment shall (i) reduce in any manner the amount of, or delay the timing of, payments received on Mortgage Loans which are required to be distributed on any Certificate without the consent of the Holder of such Certificate, (ii) adversely affect in any material respect the interests of the Holders of any Class of Certificates in a manner other than as described in (i), without the consent of the Holders of Certificates of such Class evidencing at least 66-2/3% of the Voting Rights of such Class, or (iii) reduce the aforesaid percentage of Certificates the Holders of which are required to consent to any such amendment, without the consent of the Holders of all Certificates then outstanding. Notwithstanding any other provision of this Agreement, for purposes of the giving or withholding of consents pursuant to this Section 11.01, Certificates registered in the name of the Sponsor or the Master Servicer or any affiliate thereof shall be entitled to Voting Rights with respect to matters described in (i), (ii) and (iii) of this paragraph.

Notwithstanding any contrary provision of this Agreement, the Trustee shall not consent to any amendment to this Agreement unless it shall have first received an Opinion of Counsel (provided by the Person requesting such amendment) to the effect that such amendment will not result in the imposition of any tax on any of REMIC 1, REMIC 2 or REMIC 3 pursuant to the REMIC Provisions or cause any of REMIC 1, REMIC 2 or REMIC 3 to fail to qualify as a REMIC at any time that any Certificates are outstanding.

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Notwithstanding any of the other provisions of this Section 11.01, none of the Depositor, the Master Servicer or the Trustee shall (i) enter into any amendment to Section 4.09, Section 4.01(e)(vi) or Section 9.01 of this Agreement without the prior written consent of the Swap Provider nor (ii) enter into an amendment of this Agreement, as evidenced by an Officer’s Certificate of the Depositor, that could reasonably be expected to have a material adverse effect on the interests of the Swap Provider without the Swap Provider’s consent (such consent shall not be unreasonably withheld, conditioned or delayed).

Promptly after the execution of any such amendment the Trustee shall furnish a copy of such amendment or a written statement describing the amendment to each Certificateholder, with a copy to the Rating Agencies, the Certificate Insurer and the Swap Provider.

It shall not be necessary for the consent of Certificateholders under this Section 11.01 to approve the particular form of any proposed amendment, but it shall be sufficient if such consent shall approve the substance thereof. The manner of obtaining such consents and of evidencing the authorization of the execution thereof by Certificateholders shall be subject to such reasonable regulations as the Trustee may prescribe.

Prior to executing any amendment pursuant to this Section, the Trustee shall be entitled to receive an Opinion of Counsel (provided by the Person requesting such amendment) to the effect that such amendment is authorized or permitted by this Agreement. The cost of any Opinion of Counsel delivered pursuant to this Section 11.01 shall be an expense of the party requesting such amendment, but in any case shall not be an expense of the Trustee.

The Trustee may, but shall not be obligated to, enter into any amendment pursuant to this Section that affects its rights, duties and immunities under this Agreement or otherwise.

Section 11.02. Recordation of Agreement; Counterparts.

To the extent permitted by applicable law, this Agreement is subject to recordation in all appropriate public offices for real property records in all the counties or other comparable jurisdictions in which any or all of the properties subject to the Mortgages are situated, and in any other appropriate public recording office or elsewhere, such recordation to be effected by the Master Servicer at the expense of the Certificateholders, but only upon direction of the Depositor accompanied by an Opinion of Counsel to the effect that such recordation materially and beneficially affects the interests of the Certificateholders.

For the purpose of facilitating the recordation of this Agreement as herein provided and for other purposes, this Agreement may be executed simultaneously in any number of counterparts, each of which counterparts shall be deemed to be an original, and such counterparts shall constitute but one and the same instrument.

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Section 11.03. Limitation on Rights of Certificateholders.

The death or incapacity of any Certificateholder shall not operate to terminate this Agreement or the Trust Fund, nor entitle such Certificateholder's legal representatives or heirs to claim an accounting or to take any action or proceeding in any court for a partition or winding up of the Trust Fund, nor otherwise affect the rights, obligations and liabilities of the parties hereto or any of them.

No Certificateholder shall have any right to vote (except as expressly provided for herein) or in any manner otherwise control the operation and management of the Trust Fund, or the obligations of the parties hereto, nor shall anything herein set forth, or contained in the terms of the Certificates, be construed so as to constitute the Certificateholders from time to time as partners or members of an association; nor shall any Certificateholder be under any liability to any third party by reason of any action taken by the parties to this Agreement pursuant to any provision hereof.

No Certificateholder shall have any right by virtue of any provision of this Agreement to institute any suit, action or proceeding in equity or at law upon or under or with respect to this Agreement, unless such Holder previously shall have given to the Trustee a notice of an Event of Default, or of a default by the Sponsor or the Trustee in the performance of any obligation hereunder, and of the continuance thereof, as hereinbefore provided, and unless also the Holders of Certificates entitled to at least 51% of the Voting Rights shall have made written request upon the Trustee to institute such action, suit or proceeding in its own name as Trustee hereunder and shall have offered to the Trustee such reasonable indemnity as it may require against the costs, expenses and liabilities to be incurred therein or thereby, and the Trustee, for 60 days after its receipt of such notice, request and offer of indemnity, shall have neglected or refused to institute any such action, suit or proceeding. It is understood and intended, and expressly covenanted by each Certificateholder with every other Certificateholder, the Trustee, that no one or more Holders of Certificates shall have any right in any manner whatever by virtue of any provision of this Agreement to affect, disturb or prejudice the rights of the Holders of any other of such Certificates, or to obtain or seek to obtain priority over or preference to any other such Holder, or to enforce any right under this Agreement, except in the manner herein provided and for the equal, ratable and common benefit of all Certificateholders. For the protection and enforcement of the provisions of this Section, each and every Certificateholder and the Trustee shall be entitled to such relief as can be given either at law or in equity.

Section 11.04. Governing Law.

This Agreement and the Certificates shall be construed in accordance with the laws of the State of New York and the obligations, rights and remedies of the parties hereunder shall be determined in accordance with such laws.

Section 11.05. Notices.

All demands, notices and direction hereunder shall be in writing and shall be deemed effective upon receipt when delivered to (a) in the case of the Depositor, 00000 Xxxxxxxx Xxxx, Xxxxxx, Xxxxxxxxxx 00000, Attention: General Counsel, or such other address as may hereafter be furnished to the other parties hereto in writing; (b) in the case of Impac Funding, 00000 Xxxxxxxx Xxxx, Xxxxxx, Xxxxxxxxxx 00000, Attention: General Counsel, or such other address as may hereafter be furnished to the other parties hereto in writing; (c) in the case of the Trustee, to its Corporate Trust Offices, or such other address as may hereafter be furnished to the other parties hereto in writing; (d) in the case of the Rating Agencies, Standard & Poor’s, 00 Xxxxx Xxxxxx, 00^xx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000, Attention: Asset Backed Surveillance Department; and Moody’s, Xxxxx’x Investors Service, Inc., Residential Mortgage Monitoring Department, 00 Xxxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000; (e) in the case of the Certificate Insurer, Ambac Assurance Corporation, Xxx Xxxxx Xxxxxx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000, Attention: Consumer Asset-Backed Securities Group or such other address as may be hereafter furnished to the Depositor, the Trustee and the Master Servicer in writing by the Certificate Insurer; and (f) in the case of Xxxxxx Brothers Special Financing Inc., 000 Xxxxxxx Xxx., 00^xx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000. Any notice required or permitted to be mailed to a Certificateholder shall be given by first class mail, postage prepaid, at the address of such Holder as shown in the Certificate Register. Any notice so mailed within the time prescribed in this Agreement shall be conclusively presumed to have been duly given, whether or not the Certificateholder receives such notice.

158

Section 11.06. Severability of Provisions.

If any one or more of the covenants, agreements, provisions or terms of this Agreement shall be for any reason whatsoever held invalid, then such covenants, agreements, provisions or terms shall be deemed severable from the remaining covenants, agreements, provisions or terms of this Agreement and shall in no way affect the validity or enforceability of the other provisions of this Agreement or of the Certificates or the rights of the Holders thereof.

Section 11.07. Successors and Assigns.

The provisions of this Agreement shall be binding upon and inure to the benefit of the respective successors and assigns of the parties hereto, and all such provisions shall inure to the benefit of the Trustee, the Certificate Insurer and the Certificateholders.

Section 11.08. Article and Section Headings.

The article and Section headings herein are for convenience of reference only, and shall not limit or otherwise affect the meaning hereof.

Section 11.09. Notice to Rating Agencies.

The Trustee shall use its best efforts to promptly provide notice to each Rating Agency and the Certificate Insurer referred to below with respect to each of the following of which it has actual knowledge:

1. Any material change or amendment to this Agreement;

2. The occurrence of any Event of Default that has not been cured;

3. The resignation or termination of the Master Servicer or the Trustee;

159

4. The repurchase or substitution of Mortgage Loans pursuant to Section 2.04;

5. The final payment to Certificateholders; and

6. Any change in the location of the Custodial Account or the Certificate Account.

In addition, the Trustee shall promptly furnish to each Rating Agency copies of each report to Certificateholders described in Section 4.02; and the Master Servicer shall promptly furnish to each Rating Agency copies of each annual independent public accountants’ servicing report received as described in Section 3.20.

Any such notice pursuant to this Section 11.09 shall be in writing and shall be deemed to have been duly given if personally delivered or mailed by first class mail, postage prepaid, or by express delivery service to (i) in the case of Standard & Poor's, 00 Xxxxx Xxxxxx, 00^xx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000, Attention: Asset Backed Surveillance Department and (ii) in the case of Moody's, Residential Mortgage Monitoring Department, 00 Xxxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000, or, in each case, such other address as either such Rating Agency may designate in writing to the parties thereto.

Section 11.10. Rights of the Certificate Insurer.

(a) The Certificate Insurer is an express third-party beneficiary of this Agreement.

(b) On each Distribution Date the Trustee shall make available to the Certificate Insurer a copy of the reports made available to the Certificateholders and the Depositor on such Distribution Date.

(c) The Trustee shall provide to the Certificate Insurer copies of any report, notice, Opinion of Counsel, Officers’ Certificate, request for consent or request for amendment to any document related hereto promptly upon the Trustee’s production or receipt thereof.

(d) Unless an Insurer Default exists, the Trustee, the Depositor and the Master Servicer shall not agree to any amendment to this Agreement without first having obtained the prior written consent of the Certificate Insurer, which consent shall not be unreasonably withheld.

(e) So long as there does not exist a failure by the Certificate Insurer to make a required payment under the Certificate Guaranty Insurance Policy, the Certificate Insurer will have the right to exercise all rights of the Holders of the Class AM Certificates under this Agreement (including voting rights) without the consent of the Holders.

Section 11.11. Control by the Certificate Insurer.

With respect to the Class AM Certificates only, the Certificate Insurer, or, if an Insurer Default exists, the Holders of a majority of the Class AM Certificates shall have the right (subject to the provisions of Section 11.03) to direct the time, method and place of conducting any proceeding for any remedy available to the Trustee with respect to the Class AM Certificates or exercising any trust or power conferred on the Trustee; provided that:

160

(i) such direction shall not be in conflict with any rule of law or with this Agreement:

(ii) if an Insurer Default exists, any direction to the Trustee to sell or liquidate the Trust Fund shall be by Holders of Certificates representing not less than 100% of the Certificate Principal Balance of the Certificates;

(iii) the Trustee may take any other action deemed proper by the Trustee that is not inconsistent with such direction of the Holders of Certificates representing a majority of the Certificate Principal Balance of the Certificates.

Notwithstanding the rights of Certificateholders set forth in this Section 11.11 the Trustee need not take any action that it determines might involve it in liability unless such Holders of Certificates or the Certificate Insurer shall have offered security or indemnity satisfactory to the Trustee, against the costs, expenses and liabilities which might be incurred by it in compliance with such request, order or direction.

The Trustee shall not be deemed to have knowledge of an Insurer Default unless a Responsible Officer of the Trustee has actual knowledge thereof or unless the Trustee received written notice of such Insurer Default.

Section 11.12. Third Party Rights.

The Swap Provider and the Cap Counterparties shall be express third-party beneficiaries of this Agreement to the extent of their express rights to receive payments under this Agreement or any other express rights of the Swap Provider and the Cap Counterparties explicitly stated in this Agreement, and shall have the right to enforce such rights under this Agreement as if the Swap Provider and the Cap Counterparties were parties hereto.

161

IN WITNESS WHEREOF, the Depositor, the Master Servicer and the Trustee have caused their names to be signed hereto by their respective officers thereunto duly authorized all as of the day and year first above written.

IMPAC SECURED ASSETS CORP.,

Depositor

By: /s/ Xxxxxxxx Xxxxxxx

Name: Xxxxxxxx Xxxxxxx

Title: EVP, CFO

IMPAC FUNDING CORPORATION,

Master Servicer

By: /s/ Xxxxx Xxxxxxx

Name: Xxxxx Xxxxxxx

Title: EVP

DEUTSCHE BANK NATIONAL TRUST COMPANY,

Trustee

By: /s/ Xxxxxx Xxxxx

Name: Xxxxxx Xxxxx

Title: Associate

By: /s/ Xxxxxxxx Xxxxxxxxxxx

Name: Xxxxxxxx Xxxxxxxxxxx

Title: Associate

Agreed and accepted to with respect to

its obligations under Section 9.01(a)

IMPAC MORTGAGE HOLDINGS, INC.

(solely with respect to its obligations under

Section 9.01(a))

By: /s/ Xxxxxxxx Xxxxxxx

Name: Xxxxxxxx Xxxxxxx

Title: EVP, CFO

STATE OF CALIFORNIA	)
	) ss.:
COUNTY OF ORANGE	)

On the 30^th day of April, 2007, before me, a notary public in and for said State, personally appeared Xxxxxxxx Xxxxxxx, known to me to be the Chief Financial Officer of Impac Secured Assets Corp., one of the corporations that executed the within instrument, and also known to me to be the person who executed it on behalf of said corporation, and acknowledged to me that such corporation executed the within instrument.

IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day and year in this certificate first above written.

Notary Public

[Notarial Seal]

STATE OF CALIFORNIA	)
	) ss.:
COUNTY OF ORANGE	)

On the 30^th day of April, 2007, before me, a notary public in and for said State, personally appeared Xxxxx Xxxxxxx, known to me to be an Executive Vice President of Impac Funding Corporation, one of the corporations that executed the within instrument, and also known to me to be the person who executed it on behalf of said corporation, and acknowledged to me that such corporation executed the within instrument.

IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day and year in this certificate first above written.

Notary Public

[Notarial Seal]

STATE OF CALIFORNIA	)
	) ss.:
COUNTY OF ORANGE	)

On the 30^th day of April, 2007, before me, a notary public in and for said State, personally appeared __________________, known to me to be a(n) ___________________ of Deutsche Bank National Trust Company, one of the entities that executed the within instrument, and also known to me to be the person who executed it on behalf of said entity, and acknowledged to me that such corporation executed the within instrument.

IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day and year in this certificate first above written.

Notary Public

[Notarial Seal]

STATE OF CALIFORNIA	)
	) ss.:
COUNTY OF ORANGE	)

On the 30^th day of April, 2007, before me, a notary public in and for said State, personally appeared __________________, known to me to be a(n) ___________________of Deutsche Bank National Trust Company, one of the entities that executed the within instrument, and also known to me to be the person who executed it on behalf of said entity, and acknowledged to me that such corporation executed the within instrument.

IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day and year in this certificate first above written.

Notary Public

[Notarial Seal]

STATE OF CALIFORNIA	)
	) ss.:
COUNTY OF ORANGE	)

On the 30^th day of April, 2007, before me, a notary public in and for said State, personally appeared Xxxxxxxx Xxxxxxx, known to me to be the Executive Vice President and Chief Financial Officer of Impac Mortgage Holdings, Inc., one of the corporations that executed the within instrument, and also known to me to be the person who executed it on behalf of said corporation, and acknowledged to me that such corporation executed the within instrument.

IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day and year in this certificate first above written.

Notary Public

[Notarial Seal]

EXHIBIT A

FORM OF CLASS A CERTIFICATE

SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE REPRESENTS A “REGULAR INTEREST” IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986 (THE “CODE”).

THIS CERTIFICATE SHALL INITIALLY BE ISSUED AS ONE OR MORE CERTIFICATES REGISTERED IN THE NAME OF THE DEPOSITORY OR ITS NOMINEE AND, EXCEPT AS PROVIDED BELOW, REGISTRATION OF SUCH CERTIFICATES MAY NOT BE TRANSFERRED BY THE TRUSTEE EXCEPT TO ANOTHER DEPOSITORY THAT AGREES TO HOLD SUCH CERTIFICATES FOR THE RESPECTIVE CERTIFICATE OWNERS WITH OWNERSHIP INTERESTS THEREIN. THE CERTIFICATE OWNERS SHALL HOLD THEIR RESPECTIVE OWNERSHIP INTERESTS IN AND TO EACH OF SUCH BOOK-ENTRY CERTIFICATES THROUGH THE BOOK-ENTRY FACILITIES OF THE DEPOSITORY AND, EXCEPT AS PROVIDED BELOW, SHALL NOT BE ENTITLED TO DEFINITIVE CERTIFICATES IN RESPECT OF SUCH OWNERSHIP INTERESTS. ALL TRANSFERS BY CERTIFICATE OWNERS OF THEIR RESPECTIVE OWNERSHIP IN THE BOOK-ENTRY CERTIFICATES SHALL BE MADE IN ACCORDANCE WITH THE PROCEDURES ESTABLISHED BY THE DEPOSITORY PARTICIPANT OR BROKERAGE FIRM REPRESENTING SUCH CERTIFICATE OWNER. EACH DEPOSITORY PARTICIPANT SHALL TRANSFER THE OWNERSHIP INTERESTS ONLY IN THE BOOK-ENTRY CERTIFICATES OF CERTIFICATE OWNERS IT REPRESENTS OR OF BROKERAGE FIRMS FOR WHICH IT ACTS AS AGENT IN ACCORDANCE WITH THE DEPOSITORY'S NORMAL PROCEDURES. THE TRUSTEE SHALL NOT BE REQUIRED TO MONITOR, DETERMINE OR INQUIRE AS TO COMPLIANCE WITH THE TRANSFER RESTRICTIONS WITH RESPECT TO THE BOOK-ENTRY CERTIFICATES, AND THE TRUSTEE SHALL HAVE NO LIABILITY FOR TRANSFERS OF OWNERSHIP INTERESTS IN THE BOOK-ENTRY CERTIFICATES MADE THROUGH THE BOOK-ENTRY FACILITIES OF THE DEPOSITORY OR BETWEEN OR AMONG DEPOSITORY PARTICIPANTS OR CERTIFICATE OWNERS, MADE IN VIOLATION OF THE APPLICABLE RESTRICTIONS.

PRIOR TO THE TERMINATION OF THE SUPPLEMENTAL INTEREST TRUST, ANY TRANSFEREE SHALL BE DEEMED TO HAVE MADE THE REPRESENTATIONS IN SECTION 5.02(c) OF THE AGREEMENT (AS DEFINED BELOW).

A-1

Certificate No. 1		Adjustable Rate

Class A[1-A][1-B][1-C][-M] Senior

Date of Pooling and Servicing Agreement and Cut-off Date: April 1, 2007		Percentage Interest: 100%

First Distribution Date: May 25, 2007		Aggregate Initial Certificate Principal Balance of the Class A[1-A][1-B][1-C][-M] Certificates: $[_____________]

Master Servicer: Impac Funding Corporation		Initial Certificate Principal Balance of this Certificate: $[____________]

Assumed Final Distribution Date: September 25, 2037		CUSIP: [_________]

MORTGAGE PASS-THROUGH CERTIFICATE

SERIES 2007-3

evidencing a percentage interest in the distributions allocable to the Class A[1-A][1-B][1-C][-M] Certificates with respect to a Trust Fund consisting primarily of a pool of one- to four-family adjustable-rate first lien and fixed-rate first and second lien mortgage loans formed and sold by IMPAC SECURED ASSETS CORP.

This Certificate is payable solely from the assets of the Trust Fund and does not represent an obligation of or interest in Impac Secured Assets Corp., the Master Servicer, the Trustee referred to below or any of their affiliates. Neither this Certificate nor the underlying Mortgage Loans are guaranteed or insured by any governmental agency or instrumentality or by Impac Secured Assets Corp., the Master Servicer, the Trustee or any of their affiliates. None of the Company, the Master Servicer or any of their affiliates will have any obligation with respect to any certificate or other obligation secured by or payable from payments on the Certificates.

This certifies that Cede & Co. is the registered owner of the Percentage Interest evidenced by this Certificate (obtained by dividing the Initial Certificate Principal Balance of this Certificate by the aggregate Initial Certificate Principal Balance of all Class A Certificates, both as specified above) in certain distributions with respect to the Trust Fund consisting primarily of an interest in a pool of one- to four-family adjustable-rate first lien and fixed-rate first and second lien mortgage loans (the “Mortgage Loans”), formed and sold by Impac Secured Assets Corp. (hereinafter called the “Company,” which term includes any successor entity under the Agreement referred to below). The Trust Fund was created pursuant to a Pooling and Servicing Agreement, dated as specified above (the “Agreement”), among the Company, the Master Servicer and Deutsche Bank National Trust Company, as trustee (the “Trustee”), a summary of certain of the pertinent provisions of which is set forth hereafter. To the extent not defined herein, the capitalized terms used herein have the meanings assigned in the Agreement. This Certificate is issued under and is subject to the terms, provisions and conditions of the Agreement, to which Agreement the Holder of this Certificate by virtue of the acceptance hereof assents and by which such Holder is bound.

A-2

Pursuant to the terms of the Agreement, a distribution will be made on the 25th day of each month or, if such 25th day is not a Business Day, the Business Day immediately following (the "Distribution Date”), commencing as described in the Agreement, to the Person in whose name this Certificate is registered on the Business Day immediately preceding such Distribution Date (the “Record Date”), from the Available Funds in an amount equal to the product of the Percentage Interest evidenced by this Certificate and the amount of interest and principal, if any, required to be distributed to Holders of Class A[1-A][1-B][1-C][-M] Certificates on such Distribution Date.

Distributions on this Certificate will be made either by the Trustee or by a Paying Agent appointed by the Trustee either in immediately available funds (by wire transfer or otherwise) for the account of the Person entitled thereto if such Person shall have so notified the Trustee or such Paying Agent at least 5 Business Days prior to the related Record Date, or by check mailed to the address of the Person entitled thereto, as such name and address shall appear on the Certificate Register.

Notwithstanding the above, the final distribution on this Certificate will be made after due notice of the pendency of such distribution and only upon presentation and surrender of this Certificate at the office or agency appointed by the Trustee for that purpose in the City and State of New York. The Initial Certificate Principal Balance of this Certificate is set forth above. The Certificate Principal Balance hereof will be reduced to the extent of distributions allocable to principal.

This Certificate is one of a duly authorized issue of Certificates issued in several Classes designated as Mortgage Pass-Through Certificates of the Series specified hereon (herein collectively called the “Certificates”).

The Certificates are limited in right of payment to certain collections and recoveries respecting the Mortgage Loans, all as more specifically set forth herein and in the Agreement. In the event the Master Servicer advances funds with respect to any Mortgage Loan, such advance is reimbursable to the Master Servicer, to the extent provided in the Agreement, from related recoveries on such Mortgage Loan or from other cash that would have been distributable to Certificateholders.

For the Class AM Certificates: Ambac Assurance Corporation, in consideration of the payment of the premium and subject to the terms of the Certificate Guaranty Insurance Policy, has unconditionally and irrevocably guaranteed the payment of an amount equal to the Insured Amount (as defined in the Certificate Guaranty Insurance Policy) with respect to the Class AM Certificates with respect to each Distribution Date.

As provided in the Agreement, withdrawals from the Custodial Account and/or the Certificate Account created for the benefit of Certificateholders may be made by the Master Servicer from time to time for purposes other than distributions to Certificateholders, such purposes including without limitation reimbursement to the Trustee, the Company and the Master Servicer of advances made, or certain expenses incurred, by either of them.

A-3

The Agreement permits, with certain exceptions therein provided, the amendment of the Agreement and the modification of the rights and obligations of the Company, the Master Servicer and the Trustee and the rights of the Certificateholders under the Agreement at any time by the Company, the Master Servicer and the Trustee with the consent of the Holders of Certificates evidencing in the aggregate not less than 66-2/3% of the Percentage Interests of each Class of Certificates affected thereby and with consent of the Certificate Insurer. Any such consent by the Holder of this Certificate shall be conclusive and binding on such Holder and upon all future holders of this Certificate and of any Certificate issued upon the transfer hereof or in exchange herefor or in lieu hereof whether or not notation of such consent is made upon the Certificate. The Agreement also permits the amendment thereof in certain circumstances with the consent of the Certificate Insurer and without the consent of the Holders of any of the Certificates and, in certain additional circumstances, without the consent of the Holders of certain Classes of Certificates.

Prior to the termination of the Supplemental Interest Trust, any transferee shall be deemed to have made the representations in Section 5.02(c) of the Agreement.

As provided in the Agreement and subject to certain limitations therein set forth, the transfer of this Certificate is registrable in the Certificate Register upon surrender of this Certificate for registration of transfer at the offices or agencies appointed by the Trustee, duly endorsed by, or accompanied by an assignment in the form below or other written instrument of transfer in form satisfactory to the Trustee and the Certificate Registrar duly executed by the Holder hereof or such Holder's attorney duly authorized in writing, and thereupon one or more new Certificates of authorized denominations evidencing the same Class and aggregate Percentage Interest will be issued to the designated transferee or transferees.

The Certificates are issuable only as registered Certificates without coupons in Classes and in denominations specified in the Agreement. As provided in the Agreement and subject to certain limitations therein set forth, Certificates are exchangeable for new Certificates of authorized denominations evidencing the same Class and aggregate Percentage Interest, as requested by the Holder surrendering the same.

No service charge will be made for any such registration of transfer or exchange, but the Trustee may require payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith.

The Company, the Master Servicer and the Trustee and any agent of the Company, the Master Servicer or the Trustee may treat the Person in whose name this Certificate is registered as the owner hereof for all purposes, and neither the Company, the Master Servicer, the Trustee nor any such agent shall be affected by notice to the contrary.

This Certificate shall be governed by and construed in accordance with the laws of the State of New York.

A-4

The Mortgage Loans are subject to termination in whole, but not in part, by the Master Servicer, on or after the Distribution Date on which the aggregate Stated Principal Balance of the Mortgage Loans is less than or equal to 10% of the Cut-of Date balance; provided, however, that no such purchase will be permitted if it would result in a draw on the Certificate Guaranty Insurance Policy, unless the Certificate Insurer consents in writing to such purchase.

Unless the certificate of authentication hereon has been executed by the Trustee, by manual signature, this Certificate shall not be entitled to any benefit under the Agreement or be valid for any purpose.

A-5

IN WITNESS WHEREOF, the Trustee has caused this Certificate to be duly executed.

Dated: Xxxxx 00, 0000	XXXXXXXX BANK NATIONAL TRUST COMPANY,
	as Trustee


	By: _____________________________
	Authorized Signatory

CERTIFICATE OF AUTHENTICATION

This is one of the Class A[1-A][1-B][1-C][-M] Certificates referred to in the within-mentioned Agreement.

	DEUTSCHE BANK NATIONAL TRUST COMPANY,
	as Trustee


	By: _____________________________
	Authorized Signatory

A-6

ASSIGNMENT

FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s) unto _____________________________________ (Please print or typewrite name and address including postal zip code of assignee) a Percentage Interest evidenced by the within Mortgage Pass-Through Certificate and hereby authorizes the transfer of registration of such interest to assignee on the Certificate Register of the Trust Fund.

I (We) further direct the Certificate Registrar to issue a new Certificate of a like denomination and Class, to the above named assignee and deliver such Certificate to the following address:

Dated:
	Signature by or on behalf of assignor




	Signature Guaranteed

A-7

DISTRIBUTION INSTRUCTIONS

The assignee should include the following for purposes of distribution:

Distributions shall be made, by wire transfer or otherwise, in immediately available funds to___________________________________________ for the account of ______________________________ account number _________________,or, if mailed by check, to _____________________________ Applicable statements should be mailed to _____________________________________________.

This information is provided by ________________________, the assignee named above, or _________________________, as its agent.

X-0

XXXXXXX X-0

FORM OF CLASS M CERTIFICATE

THIS CERTIFICATE IS SUBORDINATED IN RIGHT OF PAYMENT TO THE CLASS A CERTIFICATES [,] [AND] [THE CLASS M-1 CERTIFICATES] [,] [AND] [THE CLASS M-2 CERTIFICATES] [,] [AND] [THE CLASS M-3 CERTIFICATES] [,] [AND] [THE CLASS M-4 CERTIFICATES] [,] [AND] [THE CLASS M-5 CERTIFICATES] [,] [AND] [THE CLASS M-6 CERTIFICATES] [,] [AND] [THE CLASS M-7 CERTIFICATES] AS DESCRIBED IN THE AGREEMENT (AS DEFINED BELOW).

B-1-1

ANY TRANSFEREE SHALL BE DEEMED TO HAVE MADE THE REPRESENTATIONS SET FORTH IN SECTION 5.02(c) OF THE AGREEMENT.

B-1-2

Certificate No. 1	Adjustable Rate

Class M-[1][2][3][4][5][6]	Aggregate Initial Certificate
[7][8]	Principal Balance of the Class M-
	[1][2][3][4][5][6][7][8] Certificates:
	$[__________]
Date of Pooling and Servicing	Initial Certificate Principal Balance
Agreement and Cut-off Date:	of this Certificate:
April 1, 2007	$[__________]

First Distribution Date:	CUSIP: [__________]
May 25, 2007

Master Servicer:
Impac Funding Corporation

Assumed Final Distribution Date:
September 25, 2037

MORTGAGE PASS-THROUGH CERTIFICATE

SERIES 2007-3

evidencing a percentage interest in any distributions allocable to the Class M-[1][2][3][4][5][6][7][8] Certificates with respect to the Trust Fund consisting primarily of a pool of one- to four-family adjustable-rate first lien and fixed rate first and second lien mortgage loans formed and sold by IMPAC SECURED ASSETS CORP.

This Certificate is payable solely from the assets of the Trust Fund, and does not represent an obligation of or interest in Impac Secured Assets Corp., the Master Servicer, the Trustee referred to below or any of their affiliates. Neither this Certificate nor the underlying Mortgage Loans are guaranteed or insured by any governmental agency or instrumentality or by Impac Secured Assets Corp., the Master Servicer, the Trustee or any of their affiliates. None of the Company, the Master Servicer or any of their affiliates will have any obligation with respect to any certificate or other obligation secured by or payable from payments on the Certificates.

This certifies that Cede & Co. is the registered owner of the Percentage Interest evidenced by this Certificate (obtained by dividing the Initial Certificate Principal Balance of this Certificate by the aggregate Initial Certificate Principal Balance of all Class M Certificates, both as specified above) in certain distributions with respect to a Trust Fund consisting primarily of a pool of one- to four-family adjustable-rate first lien and fixed rate first and second lien mortgage loans (the “Mortgage Loans”), formed and sold by Impac Secured Assets Corp. (hereinafter called the “Company,” which term includes any successor entity under the Agreement referred to below). The Trust Fund was created pursuant to a Pooling and Servicing Agreement, dated as specified above (the “Agreement”), among the Company, the Master Servicer and Deutsche Bank National Trust Company, as trustee (the “Trustee”), a summary of certain of the pertinent provisions of which is set forth hereafter. To the extent not defined herein, the capitalized terms used herein have the meanings assigned in the Agreement. This Certificate is issued under and is subject to the terms, provisions and conditions of the Agreement, to which Agreement the Holder of this Certificate by virtue of the acceptance hereof assents and by which such Holder is bound.

B-1-3

Pursuant to the terms of the Agreement, a distribution will be made on the 25th day of each month or, if such 25th day is not a Business Day, the Business Day immediately following (the "Distribution Date”), commencing as described in the Agreement, to the Person in whose name this Certificate is registered on the Business Day immediately preceding such Distribution Date (the “Record Date”), from the Available Funds in an amount equal to the product of the Percentage Interest evidenced by this Certificate and the amount of interest and principal, if any, required to be distributed to Holders of Class M-[1][2][3][4][5][6][7][8] Certificates on such Distribution Date.

B-1-4

The Agreement permits, with certain exceptions therein provided, the amendment of the Agreement and the modification of the rights and obligations of the Company, the Master Servicer and the Trustee and the rights of the Certificateholders under the Agreement at any time by the Company, the Master Servicer and the Trustee with the consent of the Holders of Certificates evidencing in the aggregate not less than 66-2/3% of the Percentage Interests of each Class of Certificates affected thereby and with the consent of the Certificate Insurer. Any such consent by the Holder of this Certificate shall be conclusive and binding on such Holder and upon all future holders of this Certificate and of any Certificate issued upon the transfer hereof or in exchange herefor or in lieu hereof whether or not notation of such consent is made upon the Certificate. The Agreement also permits the amendment thereof in certain circumstances with the consent of the Certificate Insurer and without the consent of the Holders of any of the Certificates and, in certain additional circumstances, without the consent of the Holders of certain Classes of Certificates.

Any transferee shall be deemed to have made the representations set forth in Section 5.02(c) of the Agreement.

This Certificate shall be governed by and construed in accordance with the laws of the State of New York.

B-1-5

B-1-6

IN WITNESS WHEREOF, the Trustee has caused this Certificate to be duly executed.

Dated: Xxxxx 00, 0000	XXXXXXXX BANK NATIONAL TRUST COMPANY,
	as Trustee
	By: ____________________________
	Authorized Signatory

CERTIFICATE OF AUTHENTICATION

This is one of the Class M-[1][2][3][4][5][6][7][8] Certificates referred to in the within-mentioned Agreement.

	DEUTSCHE BANK NATIONAL TRUST COMPANY,
	as Trustee
	By: ____________________________
	Authorized Signatory

B-1-7

ASSIGNMENT

I (We) further direct the Certificate Registrar to issue a new Certificate of a like denomination and Class, to the above named assignee and deliver such Certificate to the following address: & amp;a mp;a mp;a mp; #160 ;

Dated:
	Signature by or on behalf of assignor




	Signature Guaranteed

B-1-8

DISTRIBUTION INSTRUCTIONS

The assignee should include the following for purposes of distribution:

Distributions shall be made, by wire transfer or otherwise, in immediately available funds to for the account of account number ,or, if mailed by check, to Applicable statements should be mailed to .

This information is provided by , the assignee named above, or , as its agent.

X-0-0

XXXXXXX X-0

FORM OF CLASS B CERTIFICATE

THIS CERTIFICATE IS SUBORDINATED IN RIGHT OF PAYMENT TO THE CLASS A CERTIFICATES AND THE CLASS M CERTIFICATES AS DESCRIBED IN THE AGREEMENT (AS DEFINED BELOW).

ANY TRANSFEREE SHALL BE DEEMED TO HAVE MADE THE REPRESENTATIONS SET FORTH IN SECTION 5.02(c) OF THE AGREEMENT.

B-2-1

Certificate No. 1	Variable Pass-Through Rate

Class B	Aggregate Initial Certificate Principal
	Balance of the Class B Certificates:
	$[__________]

Date of Pooling and Servicing	Initial Certificate Principal Balance
Agreement and Cut-off Date:	of this Certificate:
April 1, 2007	$[__________]

First Distribution Date:	CUSIP: [__________]
May 25, 2007

Master Servicer:
Impac Funding Corporation

Assumed Final Distribution Date:
September 25, 2037

MORTGAGE PASS-THROUGH CERTIFICATE

SERIES 2007-3

evidencing a percentage interest in any distributions allocable to the Class B Certificates with respect to the Trust Fund consisting primarily of a pool of one- to four-family adjustable-rate first lien and fixed rate first and second lien mortgage loans formed and sold by IMPAC SECURED ASSETS CORP.

This certifies that Cede & Co. is the registered owner of the Percentage Interest evidenced by this Certificate (obtained by dividing the Initial Certificate Principal Balance of this Certificate by the aggregate Initial Certificate Principal Balance of all Class B Certificates, both as specified above) in certain distributions with respect to a Trust Fund consisting primarily of a pool of one- to four-family adjustable-rate first lien and fixed rate first and second lien mortgage loans (the “Mortgage Loans”), formed and sold by Impac Secured Assets Corp. (hereinafter called the “Company,” which term includes any successor entity under the Agreement referred to below). The Trust Fund was created pursuant to a Pooling and Servicing Agreement dated as specified above (the “Agreement”) among the Company, the Master Servicer and Deutsche Bank National Trust Company, as trustee (the “Trustee”), a summary of certain of the pertinent provisions of which is set forth hereafter. To the extent not defined herein, the capitalized terms used herein have the meanings assigned in the Agreement. This Certificate is issued under and is subject to the terms, provisions and conditions of the Agreement, to which Agreement the Holder of this Certificate by virtue of the acceptance hereof assents and by which such Holder is bound.

B-2-2

The Agreement permits, with certain exceptions therein provided, the amendment of the Agreement and the modification of the rights and obligations of the Company, the Master Servicer and the Trustee and the rights of the Certificateholders under the Agreement at any time by the Company, the Master Servicer and the Trustee with the consent of the Holders of Certificates evidencing in the aggregate not less than 66-2/3% of the Percentage Interests of each Class of Certificates affected thereby and with the consent of the Certificate Insurer. Any such consent by the Holder of this Certificate shall be conclusive and binding on such Holder and upon all future holders of this Certificate and of any Certificate issued upon the transfer hereof or in exchange herefor or in lieu hereof whether or not notation of such consent is made upon the Certificate. The Agreement also permits the amendment thereof in certain circumstances with the consent of the Certificate Insurer and without the consent of the Holders of any of the Certificates and, in certain additional circumstances, without the consent of the Holders of certain Classes of Certificates.

B-2-3

Any transferee shall be deemed to have made the representations set forth in Section 5.02(c) of the Agreement.

This Certificate shall be governed by and construed in accordance with the laws of the State of New York.

B-2-4

B-2-5

IN WITNESS WHEREOF, the Trustee has caused this Certificate to be duly executed.

Dated: Xxxxx 00, 0000	XXXXXXXX BANK NATIONAL TRUST COMPANY,
	as Trustee


	By: _______________________________
	Authorized Signatory

CERTIFICATE OF AUTHENTICATION

This is one of the Class B Certificates referred to in the within-mentioned Agreement.

	DEUTSCHE BANK NATIONAL TRUST COMPANY,
	as Trustee


	By: _______________________________
	Authorized Signatory

B-2-6

ASSIGNMENT

Dated:
	Signature by or on behalf of assignor




	Signature Guaranteed

B-2-7

DISTRIBUTION INSTRUCTIONS

The assignee should include the following for purposes of distribution:

Distributions shall be made, by wire transfer or otherwise, in immediately available funds to for the account of account number ,or, if mailed by check, to Applicable statements should be mailed to .

This information is provided by , the assignee named above, or , as its agent.

X-0-0

XXXXXXX X-0

FORM OF CLASS C CERTIFICATES

SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE REPRESENTS A “REGULAR INTEREST” IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT” AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986 (THE “CODE”).

THIS CERTIFICATE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “ACT”). ANY RESALE OR TRANSFER OF THIS CERTIFICATE WITHOUT REGISTRATION THEREOF UNDER THE ACT MAY ONLY BE MADE IN A TRANSACTION EXEMPTED FROM THE REGISTRATION REQUIREMENTS OF THE ACT AND IN ACCORDANCE WITH THE PROVISIONS OF THE AGREEMENT REFERRED TO HEREIN.

NO TRANSFER OF THIS CERTIFICATE TO AN EMPLOYEE BENEFIT PLAN OR OTHER RETIREMENT ARRANGEMENT (EACH A “PLAN”) SUBJECT TO THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED (“ERISA”), OR SECTION 4975 OF THE CODE SHALL BE MADE EXCEPT IN COMPLIANCE WITH THE PROCEDURES DESCRIBED HEREIN.

B-3-1

NO TRANSFER OF THIS CERTIFICATE SHALL BE MADE UNLESS THE PROPOSED TRANSFEREE OF SUCH CERTIFICATE (1) PROVIDES TO THE TRUSTEE THE APPROPRIATE TAX CERTIFICATION FORMS THAT WOULD ELIMINATE ANY WITHHOLDING OR DEDUCTION FOR TAXES FROM AMOUNTS PAYABLE BY THE SWAP PROVIDER, PURSUANT TO THE INTEREST RATE SWAP AGREEMENT, AND BY THE CAP COUNTERPARTIES, PURSUANT TO THE CAP CONTRACTS, TO THE SUPPLEMENTAL INTEREST TRUST (I.E., IRS FORM W-9 OR IRS FORM W-8BEN, W-8IMY, W-8EXP OR W-8ECI, AS APPLICABLE (OR ANY SUCCESSOR FORM THERETO), TOGETHER WITH ANY APPLICABLE ATTACHMENTS) AND (2) AGREES TO UPDATE SUCH FORMS (A) UPON EXPIRATION OF ANY SUCH FORM, (B) AS REQUIRED UNDER THEN APPLICABLE U.S. TREASURY REGULATIONS AND (C) PROMPTLY UPON LEARNING THAT SUCH FORMS HAVE BECOME OBSOLETE OR INCORRECT, EACH AS A CONDITION TO SUCH TRANSFER. IN ADDITION, NO TRANSFER OF THIS CERTIFICATE SHALL BE MADE IF SUCH TRANSFER WOULD CAUSE THE SUPPLEMENTAL INTEREST TRUST TO BE BENEFICIALLY OWNED BY TWO OR MORE PERSONS FOR FEDERAL INCOME TAX PURPOSES, OR CONTINUE TO BE SO TREATED, UNLESS (I) EACH PROPOSED TRANSFEREE OF SUCH CERTIFICATE COMPLIES WITH THE FOREGOING CONDITIONS, AND (II) THE PROPOSED MAJORITY HOLDER OF THE CLASS C CERTIFICATES (OR EACH HOLDER, IF THERE IS OR WOULD BE NO MAJORITY HOLDER) (X) PROVIDES, OR CAUSES TO BE PROVIDED, ON BEHALF OF THE SUPPLEMENTAL INTEREST TRUST, IF APPLICABLE, TO THE TRUSTEE, THE APPROPRIATE TAX CERTIFICATION FORM THAT WOULD BE REQUIRED FROM THE SUPPLEMENTAL INTEREST TRUST TO ELIMINATE ANY WITHHOLDING OR DEDUCTION FOR TAXES FROM AMOUNTS PAYABLE BY THE SWAP PROVIDER, PURSUANT TO THE INTEREST RATE SWAP AGREEMENT, AND BY THE CAP COUNTERPARTIES, PURSUANT TO THE CAP CONTRACTS, TO THE SUPPLEMENTAL INTEREST TRUST (I.E., IRS FORM W-9 OR IRS FORM W-8BEN, W-8IMY, W-8EXP OR W-8ECI, AS APPLICABLE (OR ANY SUCCESSOR FORM THERETO), TOGETHER WITH ANY APPLICABLE ATTACHMENTS) AND (Y) AGREES TO UPDATE SUCH FORM (A) UPON EXPIRATION OF SUCH FORM, (B) AS REQUIRED UNDER THEM APPLICABLE U.S. TREASURY REGULATIONS AND (C) PROMPTLY UPON LEARNING THAT SUCH FORM HAS BECOME OBSOLETE OR INCORRECT. UNDER THE AGREEMENT, UPON RECEIPT OF ANY TAX CERTIFICATION FORM PURSUANT TO THESE TRANSFER RESTRICTIONS FROM A PROPOSED HOLDER OF THIS CERTIFICATE, THE TRUSTEE, AS THE SUPPLEMENTAL INTEREST TRUST TRUSTEE, SHALL FORWARD SUCH TAX CERTIFICATION FORM PROVIDED TO IT TO THE SWAP PROVIDER AND CAP COUNTERPARTIES. EACH HOLDER OF THIS CERTIFICATE AND EACH TRANSFEREE THEREOF SHALL BE DEEMED TO HAVE CONSENTED TO THE TRUSTEE, AS THE SUPPLEMENTAL INTEREST TRUST TRUSTEE, FORWARDING TO THE SWAP PROVIDER AND CAP COUNTERPARTIES ANY TAX CERTIFICATION FORM IT HAS PROVIDED AND UPDATED IN ACCORDANCE WITH THESE TRANSFER RESTRICTIONS. ANY PURPORTED SALES OR TRANSFERS OF THIS CERTIFICATE TO A TRANSFEREE WHICH DOES NOT COMPLY WITH THESE REQUIREMENTS SHALL BE DEEMED NULL AND VOID UNDER THE AGREEMENT.

B-3-2

Certificate No. 1

Class C		Aggregate Initial Notional Amount of the Class C Certificates: $_____________]

Date of Pooling and Servicing Agreement and Cut-off Date: April 1, 2007		Initial Notional Amount of this Certificate: $[_____________]

First Distribution Date: May 25, 2007		Initial Certificate Principal Balance of this Certificate $[_________]

Master Servicer: Impac Funding Corporation		Percentage Interest of this Certificate: 100%

Assumed Final Distribution Date: September 25, 2037		CUSIP: [_________]

MORTGAGE PASS-THROUGH CERTIFICATE

SERIES 2007-3

evidencing percentage interest in the distributions allocable to the Class C Certificates with respect to a Trust Fund consisting primarily of a pool of one- to four- family adjustable-rate first lien and fixed rate first and second lien mortgage loans formed and sold by IMPAC SECURED ASSETS CORP.

This Certificate is payable solely from the assets of the Trust Fund, and does not represent an obligation of or interest in Impac Secured Assets Corp., the Master Servicer, the Trustee referred to below or any of their affiliates. Neither this Certificate nor the underlying Mortgage Loans are guaranteed or insured by any governmental agency or instrumentality or by Impac Secured Assets Corp., the Master Servicer, the Trustee or any of their affiliates. None of the Company, the Master Servicer or any of their affiliates will have any obligation with respect to any certificate or other or obligation secured by or payable from payments on the Certificates.

This certifies that [___________________] is the registered owner of the Percentage Interest evidenced by this Class C Certificate (obtained by dividing the Original Class C Certificate by the Original Class Certificate Principal Balance) in certain distributions with respect to a Trust consisting primarily of the Mortgage Loans deposited by Impac Secured Assets Corp. (the “Company”). The Trust was created pursuant to a Pooling and Servicing Agreement dated as of April 1, 2007 (the “Agreement”) among the Company, Impac Funding Corporation, as master servicer (the “Master Servicer”) and Deutsche Bank National Trust Company, as trustee (the “Trustee”). To the extent not defined herein, the capitalized terms used herein have the meanings assigned in the Agreement. This Class C Certificate is issued under and is subject to the terms, provisions and conditions of the Agreement, to which Agreement the Holder of this Class C Certificate by virtue of the acceptance hereof assents and by which such Holder is bound.

B-3-3

Pursuant to the terms of the Agreement, a distribution will be made on the 25th day of each month or, if such 25th day is not a Business Day, the Business Day immediately following (the “Distribution Date”), commencing as described in the Agreement, to the Person in whose name this Certificate is registered at the close of business on the last Business Day of the month immediately preceding the month of such Distribution Date (the “Record Date”), from the Available Distribution Amount in an amount equal to the product of the Percentage Interest evidenced by this Certificate and the amount (of interest, if any) required to be distributed to Holders of Class C Certificates on such Distribution Date.

B-3-4

No transfer of a Certificate of this Class shall be made unless such transfer is made pursuant to an effective registration statement under the Act and any applicable state securities laws or is exempt from the registration requirements under said Act and such laws. In the event that a transfer is to be made in reliance upon an exemption from the Act and such laws, in order to assure compliance with the act and such laws, the Certificateholder desiring to effect such transfer and such Certificateholder’s prospective transferee shall each certify to the Trustee and the Company in writing the facts surrounding the transfer. In the event that such a transfer is not to be made pursuant to Rule 144A of the act, there shall be delivered to the Trustee and the Company of an Opinion of Counsel that such transfer may be made pursuant to an exemption from the Act, which Opinion of Counsel shall not be obtained at the expense of the Trustee, the Master Servicer or the Company; or there shall be delivered to the Trustee and the Company a transferor certificate by the transferor and an investment letter shall be executed by the transferee. The Holder hereof desiring to effect such transfer shall, and does hereby agree to, indemnify the Trustee and the Company against any liability that may result if the transfer is not so exempt or is not made in accordance with such federal and state laws.

No transfer of this Certificate to a Plan subject to ERISA or Section 4975 of the Code, any Person acting, directly or indirectly, on behalf of any such Plan or any person using Plan Assets to acquire this Certificate shall be made except in accordance with Section 5.02(c) of the Agreement.

The Agreement permits, with certain exceptions therein provided, the amendment of the Agreement and the modification of the rights and obligations of the Company, the Master Servicer and the Trustee and the rights of the Certificateholders under the Agreement at any time by the Company, the Master Servicer and the Trustee with the consent of the Holders of Certificates evidencing in the aggregate not less than 66-2/3% of the Percentage Interests of each Class of Certificates affected thereby and with the consent of the Certificate Insurer. Any such consent by the Holder of this Certificate shall be conclusive and binding on such Holder and upon all future holders of this Certificate and of any Certificate issued upon the transfer hereof or in exchange herefor or in lieu hereof whether or not notation of such consent is made upon the Certificate. The Agreement also permits the amendment thereof in certain circumstances with the consent of the Certificate Insurer and without the consent of the Holders of any of the Certificates and, in certain additional circumstances, without the consent of the Holders of certain Classes of Certificates.

B-3-5

This Certificate shall be governed by and construed in accordance with the laws of the State of New York.

B-3-6

IN WITNESS WHEREOF, the Trustee has caused this Certificate to be duly executed.

Dated: Xxxxx 00, 0000

XXXXXXXX BANK NATIONAL TRUST COMPANY,

as Trustee

By:______________________________

Authorized Signatory

CERTIFICATE OF AUTHENTICATION

This is one of the Class C Certificates referred to in the within-mentioned Agreement.

Dated: April 30, 2007

DEUTSCHE BANK NATIONAL TRUST COMPANY,

as Trustee

By:______________________________

Authorized Signatory

B-3-7

ASSIGNMENT

I (We) further direct the Certificate Registrar to issue a new Certificate of a like denomination and Class, to the above named assignee and deliver such Certificate to the following address:

Dated:
	Signature by or on behalf of assignor


	Signature Guaranteed

B-3-8

DISTRIBUTION INSTRUCTIONS

The assignee should include the following for purposes of distribution:

Distributions shall be made, by wire transfer or otherwise, in immediately available funds to ________________________________________________for the account of ______________ account number ___________, or, if mailed by check, to_____________________ Applicable statements should be mailed to ______________________________________ _______________________________________________________________________________________.

This information is provided by __________________, the assignee named above, or ____________________, as its agent.

X-0-0

XXXXXXX X-0

FORM OF CLASS P CERTIFICATE

B-4-1

Certificate No. 1

Class P		Aggregate Initial Certificate Principal Balance of the Class P Certificates: $100.00

Date of Pooling and Servicing Agreement and Cut-off Date: April 1, 2007		Initial Certificate Principal Balance of this Certificate Denomination: $100.00

First Distribution Date May 25, 2007		Percentage Interest of this Certificate: 100%

Master Servicer Impac Funding Corporation		CUSIP: [_________]

Assumed Final Distribution Date: September 25, 2037

MORTGAGE PASS-THROUGH CERTIFICATE

SERIES 2007-3

evidencing a percentage interest in any distributions allocable to the Class P Certificates with respect to the Trust Fund consisting primarily of a pool of one-to four-family adjustable-rate first lien and fixed rate first and second lien mortgage loans formed and sold by IMPAC SECURED ASSETS CORP.

B-4-2

This certifies that Deutsche Bank National Trust Company on behalf of the Impac NIM Trust 2007-3 Noteholders is the registered owner of the Percentage Interest evidenced by this Class P Certificate (obtained by dividing the Denomination of this Class P Certificate by the Original Class Certificate Principal Balance) in certain distributions with respect to a Trust Fund consisting primarily of a pool of one- to four-family adjustable-rate first lien and fixed rate first and second lien mortgage loans (the “Mortgage Loans”), formed and sold by Impac Secured Assets Corp. (hereinafter called the “Company,” which term includes any successor entity under the Agreement referred to below). The Trust Fund was created pursuant to a Pooling and Servicing Agreement dated as specified above (the “Agreement”) among the Company, the Master Servicer and Deutsche Bank National Trust Company, as trustee (the “Trustee”), a summary of certain of the pertinent provisions of which is set forth hereafter. To the extent not defined herein, the capitalized terms used herein have the meanings assigned in the Agreement. This Certificate is issued under and is subject to the terms, provisions and conditions of the Agreement; to which Agreement the Holder of this Certificate by virtue of the acceptance hereof assents and by which such Holder is bound.

Pursuant to the terms of the Agreement, a distribution will be made on the 25th day of each month or, if such 25th day is not a Business Day, the Business Day immediately following (the “Distribution Date”), commencing as described in the Agreement, to the Person in whose name this Certificate is registered at the close of business on the last Business Day of the month immediately preceding the month of such Distribution Date (the “Record Date”), from the Available Distribution Amount in an amount equal to the product of the Percentage Interest evidenced by this Certificate and the amount (of Prepayment Charges and principal, if any) required to be distributed to Holders of Class P Certificates on such Distribution Date.

B-4-3

No transfer of a Certificate of this Class shall be made unless such transfer is made pursuant to an effective registration statement under the Act and any applicable state securities laws or is exempt from the registration requirements under said Act and such laws. In the event that a transfer is to be made in reliance upon an exemption from the Act and such laws, in order to assure compliance with the Act and such laws, the Certificateholder desiring to effect such transfer and such Certificateholder's prospective transferee shall each certify to the Trustee and the Company in writing the facts surrounding the transfer. In the event that such a transfer is not to be made pursuant to Rule 144A of the Act, there shall be delivered to the Trustee and the Company of an Opinion of Counsel that such transfer may be made pursuant to an exemption from the Act, which Opinion of Counsel shall not be obtained at the expense of the Trustee, the Master Servicer or the Company; or there shall be delivered to the Trustee and the Company a transferor certificate by the transferor and an investment letter shall be executed by the transferee. The Holder hereof desiring to effect such transfer shall, and does hereby agree to, indemnify the Trustee and the Company against any liability that may result if the transfer is not so exempt or is not made in accordance with such federal and state laws.

The Agreement permits, with certain exceptions therein provided, the amendment of the Agreement and the modification of the rights and obligations of the Company, the Master Servicer and the Trustee and the rights of the Certificateholders under the Agreement at any time by the Company, the Master Servicer and the Trustee with the consent of the Holders of Certificates evidencing in the aggregate not less than 66-2/3% of the Percentage Interests of each Class of Certificates affected thereby and with the consent of the Certificate Insurer. Any such consent by the Holder of this Certificate shall be conclusive and binding on such Holder and upon all future holders of this Certificate and of any Certificate issued upon the transfer hereof or in exchange herefor or in lieu hereof whether or not notation of such consent is made upon the Certificate. The Agreement also permits the amendment thereof in certain circumstances with the consent of the Certificate Insurer and without the consent of the Holders of any of the Certificates and, in certain additional circumstances, without the consent of the Holders of certain Classes of Certificates.

B-4-4

This Certificate shall be governed by and construed in accordance with the laws of the State of New York.

B-4-5

IN WITNESS WHEREOF, the Trustee has caused this Certificate to be duly executed.

Dated: Xxxxx 00, 0000

XXXXXXXX BANK NATIONAL TRUST COMPANY,

as Trustee

By:______________________________

Authorized Signatory

CERTIFICATE OF AUTHENTICATION

This is one of the Class P Certificates referred to in the within-mentioned Agreement.

DEUTSCHE BANK NATIONAL TRUST COMPANY,

as Trustee

By:______________________________

Authorized Signatory

B-4-6

ASSIGNMENT

FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s) unto

(Please print or typewrite name and address including postal zip code of assignee)

the Percentage Interest evidenced by the within Certificate and hereby authorizes the transfer of registration of such Percentage Interest to assignee on the Certificate Register of the Trust.

I (We) further direct the Trustee to issue a new Certificate of a like denomination and Class, to the above named assignee and deliver such Certificate to the following address:

Dated:
	Signature by or on behalf of assignor


	Signature Guaranteed

B-4-7

DISTRIBUTION INSTRUCTIONS

The assignee should include the following for purposes of distribution:

This information is provided by __________________, the assignee named above, or ____________________, as its agent.

X-0-0

XXXXXXX X-0

FORM OF CLASS R CERTIFICATE

THIS CERTIFICATE MAY NOT BE HELD BY OR TRANSFERRED TO A NON-UNITED STATES PERSON OR A DISQUALIFIED ORGANIZATION (AS DEFINED BELOW).

SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE REPRESENTS A “RESIDUAL INTEREST” IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT” AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986 (THE “CODE”).

NO TRANSFER OF THIS CERTIFICATE MAY BE MADE TO ANY PERSON, UNLESS THE TRANSFEREE PROVIDES EITHER A CERTIFICATION PURSUANT TO SECTION 5.02(c) OF THE AGREEMENT (AS DEFINED BELOW) OR AN OPINION OF COUNSEL AS PROVIDED IN SECTION 5.02(c) THAT THE PURCHASE OF THIS CERTIFICATE IS PERMISSIBLE UNDER APPLICABLE LAW, WILL NOT CONSTITUTE OR RESULT IN A NON-EXEMPT PROHIBITED TRANSACTION UNDER SECTION 406 OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED (“ERISA”), OR SECTION 4975 OF THE CODE AND WILL NOT SUBJECT THE MASTER SERVICER, THE COMPANY OR THE TRUSTEE TO ANY OBLIGATION OR LIABILITY IN ADDITION TO THOSE UNDERTAKEN IN THE AGREEMENT.

THIS CLASS R CERTIFICATE HAS NO PRINCIPAL BALANCE, DOES NOT BEAR INTEREST AND WILL NOT RECEIVE ANY DISTRIBUTIONS EXCEPT AS PROVIDED HEREIN.

B-5-1

ANY RESALE, TRANSFER OR OTHER DISPOSITION OF THIS CERTIFICATE MAY BE MADE ONLY IF THE PROPOSED TRANSFEREE PROVIDES A TRANSFER AFFIDAVIT TO THE MASTER SERVICER AND THE TRUSTEE THAT (1) SUCH TRANSFEREE IS NOT (A) THE UNITED STATES, ANY STATE OR POLITICAL SUBDIVISION THEREOF, ANY FOREIGN GOVERNMENT, ANY INTERNATIONAL ORGANIZATION, OR ANY AGENCY OR INSTRUMENTALITY OF ANY OF THE FOREGOING, (B) ANY ORGANIZATION (OTHER THAN A COOPERATIVE DESCRIBED IN SECTION 521 OF THE CODE) WHICH IS EXEMPT FROM THE TAX IMPOSED BY CHAPTER 1 OF THE CODE UNLESS SUCH ORGANIZATION IS SUBJECT TO THE TAX IMPOSED BY SECTION 511 OF THE CODE, (C) ANY ORGANIZATION DESCRIBED IN SECTION 1381(a)(2)(C) OF THE CODE, (D) ANY ELECTING LARGE PARTNERSHIP UNDER SECTION 775(a) OF THE CODE (ANY SUCH PERSON DESCRIBED IN THE FOREGOING CLAUSES (A), (B) (C) OR (D) BEING HEREIN REFERRED TO AS A “DISQUALIFIED ORGANIZATION”) OR (E) AN AGENT OF A DISQUALIFIED ORGANIZATION, (2) NO PURPOSE OF SUCH TRANSFER IS TO IMPEDE THE ASSESSMENT OR COLLECTION OF TAX, (3) SUCH TRANSFEREE SATISFIES CERTAIN ADDITIONAL CONDITIONS RELATING TO THE FINANCIAL CONDITION OF THE PROPOSED TRANSFEREE AND (4) SUCH TRANSFEREE IS A UNITED STATES PERSON. NOTWITHSTANDING THE REGISTRATION IN THE CERTIFICATE REGISTER OR ANY TRANSFER, SALE OR OTHER DISPOSITION OF THIS CERTIFICATE TO A DISQUALIFIED ORGANIZATION OR AN AGENT OF A DISQUALIFIED ORGANIZATION OR A NON-UNITED STATES PERSON, SUCH REGISTRATION SHALL BE DEEMED TO BE OF NO LEGAL FORCE OR EFFECT WHATSOEVER AND SUCH PERSON SHALL NOT BE DEEMED TO BE A CERTIFICATEHOLDER FOR ANY PURPOSE HEREUNDER, INCLUDING, BUT NOT LIMITED TO, THE RECEIPT OF DISTRIBUTIONS ON THIS CERTIFICATE. EACH HOLDER OF THIS CERTIFICATE BY ACCEPTANCE OF THIS CERTIFICATE SHALL BE DEEMED TO HAVE CONSENTED TO THE PROVISIONS OF THIS PARAGRAPH.

B-5-2

Certificate No. 1

Class R Senior

Date of Pooling and Servicing Agreement and Cut-off Date: April 1, 2007		Percentage Interest: 100%

First Distribution Date: May 25, 2007

Master Servicer: Impac Funding Corporation

Assumed Final Distribution Date: September 25, 2037		CUSIP: [_________]

MORTGAGE PASS-THROUGH CERTIFICATE,

SERIES 2007-3

evidencing a percentage interest in any distributions allocable to the Class R Certificates with respect to the Trust Fund consisting primarily of a pool of one- to four-family adjustable-rate first lien and fixed rate first and second lien mortgage loans formed and sold by IMPAC SECURED ASSETS CORP.

This certifies that [_______________] is the registered owner of the Percentage Interest evidenced by this Certificate stated above in certain distributions with respect to a Trust Fund, consisting primarily of a pool of one- to four-family adjustable-rate first lien and fixed rate first and second lien mortgage loans (the “Mortgage Loans”), formed and sold by Impac Secured Assets Corp. (hereinafter called the “Company,” which term includes any successor entity under the Agreement referred to below). The Trust Fund was created pursuant to a Pooling and Servicing Agreement dated as specified above (the “Agreement”) among the Company, the Master Servicer and Deutsche Bank National Trust Company, as trustee (the “Trustee”), a summary of certain of the pertinent provisions of which is set forth hereafter. To the extent not defined herein, the capitalized terms used herein have the meanings assigned in the Agreement. This Certificate is issued under and is subject to the terms, provisions and conditions of the Agreement, to which Agreement the Holder of this Certificate by virtue of the acceptance hereof assents and by which such Holder is bound.

B-5-3

This Certificate does not have a principal balance or pass-through rate and will be entitled to distributions only to the Patent set forth in the Agreement. In addition, any distribution of the proceeds of any remaining assets of the Trust will be made only upon presentment and surrender of this Certificate at the office or agency maintained by the Trustee.

No transfer of a Certificate of this Class shall be made unless such transfer is made pursuant to an effective registration statement under the Act and any applicable state securities laws or is exempt from the registration requirements under said Act and such laws. In the event that a transfer is to be made in reliance upon an exemption from the Act and such laws, in order to assure compliance with the Act and such laws, the Certificateholder desiring to effect such transfer and such Certificateholder's prospective transferee shall each certify to the Trustee and the Company in writing the facts surrounding the transfer. In the event that such a transfer is not to be made pursuant to Rule 144A of the Act, there shall be delivered to the Trustee and the Company of an Opinion of Counsel that such transfer may be made pursuant to an exemption from the Act, which Opinion of Counsel shall not be obtained at the expense of the Trustee, the Master Servicer or the Company; or there shall be delivered to the Trustee and the Company a transferor certificate by the transferor and an investment letter shall be executed by the transferee. The Holder hereof desiring to effect such transfer shall, and does hereby agree to, indemnify the Trustee and the Company against any liability that may result if the transfer is not so exempt or is not made in accordance with such federal and state laws.

Each Holder of this Certificate will be deemed to have agreed to be bound by the restrictions of the Agreement, including but not limited to the restrictions that (i) each person holding or acquiring any Ownership Interest in this Certificate must be a Permitted Transferee, (ii) no Ownership Interest, in this Certificate may be transferred without delivery to the Trustee of (a) a transfer affidavit of the proposed transferee and (b) a transfer certificate of the transferor, each of such documents to be in the form described in the Agreement, (iii) each person holding or acquiring any Ownership Interest in this Certificate must agree to require a transfer affidavit and to deliver a transfer certificate to the Trustee as required pursuant to the Agreement, (iv) each person holding or acquiring an Ownership Interest in this Certificate must agree not to transfer an Ownership Interest in this Certificate if it has actual knowledge that the proposed transferee is not a Permitted Transferee and (v) any attempted or purported transfer of any Ownership Interest in this Certificate in violation of such restrictions will be absolutely null and void and will vest no rights in the purported transferee. Pursuant to the Agreement, the Trustee will provide the Internal Revenue Service and any pertinent persons with the information needed to compute the tax imposed under the applicable tax laws on transfers of residual interests to disqualified organizations, if any person other than a Permitted Transferee acquires an Ownership Interest on a Class R Certificate in violation of the restrictions mentioned above.

B-5-4

The Agreement permits, with certain exceptions therein provided, the amendment of the Agreement and the modification of the rights and obligations of the Company, the Master Servicer and the Trustee and the rights of the Certificateholders under the Agreement at any time by the Company, the Master Servicer and the Trustee with the consent of the Holders of Certificates evidencing in the aggregate not less than 66-2/3% of the Percentage Interests of each Class of Certificates affected thereby and with the consent of the Certificate Insurer. Any such consent by the Holder of this Certificate shall be conclusive and binding on such Holder and upon all future holders of this Certificate and of any Certificate issued upon the transfer hereof or in exchange herefor or in lieu hereof whether or not notation of such consent is made upon the Certificate. The Agreement also permits the amendment thereof in certain circumstances with the consent of the Certificate Insurer and without the consent of the Holders of any of the Certificates and, in certain additional circumstances, without the consent of the Holders of certain Classes of Certificates.

As provided in the Agreement and subject to certain limitations therein set forth, the transfer of this Certificate is registrable in the Certificate Register upon surrender of this Certificate for registration of transfer at the offices or agencies appointed by the Trustee, duly endorsed by, or accompanied by an, assignment in the form below or other written instrument of transfer in form satisfactory to the Trustee and the Certificate Registrar duly executed by the Holder hereof or such Holder's attorney duly authorized in writing, and thereupon one or more new Certificates of authorized denominations evidencing the same Class and aggregate Percentage Interest will be issued to the designated transferee or transferees.

B-5-5

This Certificate shall be governed by and construed in accordance with the laws of the State of New York.

B-5-6

IN WITNESS WHEREOF, the Trustee has caused this Certificate to be duly executed.

Dated: Xxxxx 00, 0000

XXXXXXXX BANK NATIONAL TRUST COMPANY,

as Trustee

By:______________________________

Authorized Signatory

CERTIFICATE OF AUTHENTICATION

This is one of the Class R Certificates referred to in the within-mentioned Agreement.


	DEUTSCHE BANK NATIONAL TRUST COMPANY, as Trustee By:______________________________ Authorized Signatory

B-5-7

ASSIGNMENT

FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s) unto

(Please print or typewrite name and address including postal zip code of assignee)

the Percentage Interest evidenced by the within Certificate and hereby authorizes the transfer of registration of such Percentage Interest to assignee on the Certificate Register of the Trust.

I (We) further direct the Trustee to issue a new Certificate of a like denomination and Class, to the above named assignee and deliver such Certificate to the following address:

Dated:
	Signature by or on behalf of assignor


	Signature Guaranteed

B-5-8

DISTRIBUTION INSTRUCTIONS

The assignee should include the following for purposes of distribution:

This information is provided by __________________, the assignee named above, or ____________________, as its agent.

B-5-9

EXHIBIT C

FORM OF TRUSTEE'S INITIAL CERTIFICATION

April 30, 2007

Impac Secured Assets Corp.

00000 Xxxxxxxx Xxxx

Xxxxxx, Xxxxxxxxxx 00000

Impac Funding Corporation

00000 Xxxxxxxx Xxxx

Xxxxxx, Xxxxxxxxxx 00000

Re:

Pooling and Servicing Agreement, dated as of April 1, 2007, among Impac

Secured Assets Corp., Impac Funding Corporation and Deutsche Bank National

Trust Company, relating to Mortgage Pass-Through Certificates, Series 2007-3

Ladies and Gentlemen:

In accordance with Section 2.02 of the above-captioned Pooling and Servicing Agreement, the undersigned, as Trustee, hereby certifies that as to each Mortgage Loan listed in the Mortgage Loan Schedule (other than any Mortgage Loan paid in full or listed on the attachment hereto) it has reviewed the Mortgage File and the Mortgage Loan Schedule and has determined that: (i) all documents required to be included in the Mortgage File are in its possession; (ii) such documents have been reviewed by it and appear regular on their face and relate to such Mortgage Loan; and (iii) based on examination by it, and only as to such documents, the information set forth in items (iii) and (iv) of the definition or description of “Mortgage Loan Schedule” is correct.

The Trustee has made no independent examination of any documents contained in each Mortgage File beyond the review specifically required in the above-referenced Pooling and Servicing Agreement. The Trustee makes no representation that any documents specified in clause (vi) of Section 2.01 should be included in any Mortgage File. The Trustee makes no representations as to and shall not be responsible to verify: (i) the validity, legality, sufficiency, enforceability, due authorization, recordability or genuineness of any of the documents contained in each Mortgage File of any of the Mortgage Loans identified on the Mortgage Loan Schedule, (ii) the collectability, insurability, effectiveness or suitability of any such Mortgage Loan, or (iii) the existence of any assumption, modification, written assurance or substitution agreement with respect to any Mortgage File if no such documents appear in the Mortgage File delivered to the Trustee.

C-1

Capitalized words and phrases used herein shall have the respective meanings assigned to them in the above-captioned Pooling and Servicing Agreement.

	[_______________________________]


	By: ________________________________

	Name:

	Title:

C-2

EXHIBIT D

FORM OF TRUSTEE FINAL CERTIFICATION

______________, 20__

Impac Secured Assets Corp.

00000 Xxxxxxxx Xxxx

Xxxxxx, Xxxxxxxxxx 00000

Impac Funding Corporation

00000 Xxxxxxxx Xxxx

Xxxxxx, Xxxxxxxxxx 00000

Ambac Assurance Corporation

Xxx Xxxxx Xxxxxx Xxxxx

Xxx Xxxx, Xxx Xxxx 00000

Re:

Pooling and Servicing Agreement, dated as of April 1, 2007, among Impac

Secured Assets Corp., Impac Funding Corporation and Deutsche Bank National

Trust Company, relating to Mortgage Pass-Through Certificates, Series 2007-3

Ladies and Gentlemen:

The Trustee has made no independent examination of any documents contained in each Mortgage File beyond the review specifically required in the above-referenced Pooling and Servicing Agreement. The Trustee makes no representation that any documents specified in clause (vi) of Section 2.01 should be included in any Mortgage File. The Trustee makes no representations as to and shall not be responsible to verify: (i) the validity, legality, sufficiency, enforceability, due authorization, recordability or genuineness of any of the documents contained in each Mortgage File of any of the Mortgage Loans identified on the Mortgage Loan Schedule, (ii) the collectability, insurability, effectiveness or suitability of any such Mortgage Loan or (iii) the existence of any assumption, modification, written assurance or substitution agreement with respect to any Mortgage File if no such documents appear in the Mortgage File delivered to the Trustee.

D-1

Capitalized words and phrases used herein shall have the respective meanings assigned to them in the above-captioned Pooling and Servicing Agreement.

	[_________________________]


	By: ________________________________

	Name:

	Title:

D-2

EXHIBIT E

FORM OF REMITTANCE REPORT

(Provided Upon Request)

E-1

EXHIBIT F-1

REQUEST FOR RELEASE

(for Trustee)

Loan Information
	Name of Mortgagor:	___________________________
	Master Servicer
	Loan No.:	___________________________

Trustee
	Name:	___________________________
	Address:	___________________________
		___________________________

	Trustee
	Mortgage File No.:	___________________________

F-1-1

Request for Requesting Documents (check one):

1.	Mortgage Loan Liquidated.

(The Master Servicer hereby certifies that all proceeds of foreclosure, insurance or other liquidation have been finally received and deposited into the Custodial Account to the extent required pursuant to the Pooling and Servicing Agreement.)

2.	Mortgage Loan in Foreclosure.

3.	Mortgage Loan Repurchased Pursuant to Section 9.01 of the Pooling and Servicing Agreement.

4.	Mortgage Loan Repurchased Pursuant to Article II of the Pooling and Servicing Agreement.

(The Master Servicer hereby certifies that the repurchase price has been deposited into the Custodial Account pursuant to the Pooling and Servicing Agreement.)

5.	Other (explain).

F-1-2

The undersigned Master Servicer hereby acknowledges that it has received from the Trustee for the Holders of Mortgage Pass-Through Certificates, Series 2007-3, the documents referred to below (the “Documents”). All capitalized terms not otherwise defined in this Request for Release shall have the meanings given them in the Pooling and Servicing Agreement, dated as of April 1, 2007 (the “Pooling and Servicing Agreement”), among Impac Secured Assets Corp., Impac Funding Corporation and the Trustee.

( )	Promissory Note dated _________________, 200_, in the original principal sum of $__________, made by __________________, payable to, or endorsed to the order of, the Trustee.

( )	Mortgage recorded on _________________________ as instrument no. ___________ in the County Recorders Office of the County of ______________________, State of _____________________ in book/reel/docket of official records at page/image _______________.

( )	Deed of Trust recorded on ____________________ as instrument no._____________ in the County Recorder's Office of the County of ______________________, State of _____________________in book/reel/docket __________________ of official records at page/image ________________.

( )	Assignment of Mortgage or Deed of Trust to the Trustee, recorded on _______________ as instrument no. ______________ in the County Recorder's Office of the County of ________________, State of ___________________ in book/reel/docket ____________ of official records at page/image ___________.

( )	Other documents, including any amendments, assignments or other assumptions of the Mortgage Note or Mortgage.

( )

___________________________

( )

___________________________

( )

___________________________

( )

___________________________

F-1-3

The undersigned Master Servicer hereby acknowledges and agrees as follows:

(1) The Master Servicer shall hold and retain possession of the Documents in trust for the benefit of the Trustee, solely for the purposes provided in the Agreement.

(2) The Master Servicer shall not cause or knowingly permit the Documents to become subject to, or encumbered by, any claim, liens, security interest, charges, writs of attachment or other impositions nor shall the Master Servicer assert or seek to assert any claims or rights of setoff to or against the Documents or any proceeds thereof.

(3) The Master Servicer shall return each and every Document previously requested from the Mortgage File to the Trustee when the need therefor no longer exists, unless the Mortgage Loan relating to the Documents has been liquidated and the proceeds thereof have been remitted to the Custodial Account and except as expressly provided in the Agreement.

(4) The Documents and any proceeds thereof, including any proceeds of proceeds, coming into the possession or control of the Master Servicer shall at all times be earmarked for the account of the Trustee, and the Master Servicer shall keep the Documents and any proceeds separate and distinct from all other property in the Master Servicer's possession, custody or control.

	IMPAC FUNDING CORPORATION


	By: ___________________________ Title: ___________________________

Date: _________________, 200_

F-1-4

EXHIBIT F-2

REQUEST FOR RELEASE

[Mortgage Loans Paid in Full]

OFFICER’S CERTIFICATE AND TRUST RECEIPT

MORTGAGE PASS-THROUGH CERTIFICATES

SERIES 2007-3

_____________________________________ HEREBY CERTIFIES THAT HE/SHE IS AN OFFICER OF THE MASTER SERVICER, HOLDING THE OFFICE SET FORTH BENEATH HIS/HER SIGNATURE, AND HEREBY FURTHER CERTIFIES AS FOLLOWS:

WITH RESPECT TO THE MORTGAGE LOANS, AS THE TERM IS DEFINED IN THE POOLING AND SERVICING AGREEMENT DESCRIBED IN THE ATTACHED SCHEDULE:

ALL PAYMENTS OF PRINCIPAL, PREMIUM (IF ANY), AND INTEREST HAVE BEEN MADE.

LOAN NUMBER: _____________________	BORROWER'S NAME: ________________

COUNTY: ___________________________

F-2-1

WE HEREBY CERTIFY THAT ALL AMOUNTS RECEIVED IN CONNECTION WITH SUCH PAYMENTS, WHICH ARE REQUIRED TO BE DEPOSITED IN THE CUSTODIAL ACCOUNT PURSUANT TO SECTION 3.10 OF THE POOLING AND SERVICING AGREEMENT, HAVE BEEN OR WILL BE CREDITED.

_________ ____________

DATED: _____________________

// VICE PRESIDENT

// ASSISTANT VICE PRESIDENT

F-2-2

EXHIBIT G-1

FORM OF INVESTOR REPRESENTATION LETTER

___________, 200__

Impac Secured Assets Corp.

00000 Xxxxxxxx Xxxx

Xxxxxx, Xxxxxxxxxx 00000

DB Services Tennessee

000 Xxxxxxxxx Xxxx Xx.

Xxxxxxxxx, XX 00000

Attn: Transfer Unit

Re:

Impac Secured Assets Corp.

Mortgage Pass-Through Certificates Series 2007-3, Class [_] Certificates

Ladies and Gentlemen:

______________ (the “Purchaser”) intends to purchase from ______________ (the “Seller”) $_________ Initial Certificate Principal Balance of Mortgage Pass-Through Certificates, Series 2007-3, Class _____ (the “Certificates”), issued pursuant to the Pooling and Servicing Agreement, dated as of April 1, 2007 (the “Pooling and Servicing Agreement”), among Impac Secured Assets Corp., as depositor (the “Company”), Impac Funding Corporation, as master servicer, and Deutsche Bank National Trust Company, as trustee (the “Trustee”). All terms used herein and not otherwise defined shall have the meanings set forth in the Pooling and Servicing Agreement. The Purchaser hereby certifies, represents and warrants to, and covenants with, the Company and the Trustee that:

1. The Purchaser understands that (a) the Certificates have not been and will not be registered or qualified under the Securities Act of 1933, as amended (the “Act”) or any state securities law, (b) the Company is not required to so register or qualify the Certificates, (c) the Certificates may be resold only if registered and qualified pursuant to the provisions of the Act or any state securities law, or if an exemption from such registration and qualification is available, (d) the Pooling and Servicing Agreement contains restrictions regarding the transfer of the Certificates and (e) the Certificates will bear a legend to the foregoing effect.

2. The Purchaser is acquiring the Certificates for its own account for investment only and not with a view to or for sale in connection with any distribution thereof in any manner that would violate the Act or any applicable state securities laws.

G-1-1

3. The Purchaser is (a) a substantial, sophisticated institutional investor having such knowledge and experience in financial and business matters, and, in particular, in such matters related to securities similar to the Certificates, such that it is capable of evaluating the merits and risks of investment in the Certificates, (b) able to bear the economic risks of such an investment and (c) an “accredited investor” within the meaning of Rule 501(a) (1)-(3) and (7) of Regulation D promulgated pursuant to the Act.

4. The Purchaser has been furnished with, and has had an opportunity to review (a) a copy of the Pooling and Servicing Agreement and (b) such other information concerning the Certificates, the Mortgage Loans and the Company as has been requested by the Purchaser from the Company or the Seller and is relevant to the Purchaser's decision to purchase the Certificates. The Purchaser has had any questions arising from such review answered by the Company or the Seller to the satisfaction of the Purchaser.

5. The Purchaser has not and will not nor has it authorized or will it authorize any person to (a) offer, pledge, sell, dispose of or otherwise transfer any Certificate, any interest in any Certificate or any other similar security to any person in any manner, (b) solicit any offer to buy or to accept a pledge, disposition of other transfer of any Certificate, any interest in any Certificate or any other similar security from any person in any manner, (c) otherwise approach or negotiate with respect to any Certificate, any interest in any Certificate or any other similar security with any person in any manner, (d) make any general solicitation by means of general advertising or in any other manner or (e) take any other action, that (as to any of (a) through (e) above) would constitute a distribution of any Certificate under the Act, that would render the disposition of any Certificate a violation of Section 5 of the Act or any state securities law, or that would require registration or qualification pursuant thereto. The Purchaser will not sell or otherwise transfer any of the Certificates, except in compliance with the provisions of the Pooling and Servicing Agreement.

	Very truly yours, _____________________________ (Purchaser)

	By: __________________________ Name: ________________________ Title: _________________________

G-1-2

EXHIBIT G-2

FORM OF TRANSFEROR REPRESENTATION LETTER

______________, 200___

Impac Secured Assets Corp.

00000 Xxxxxxxx Xxxx

Xxxxxx, Xxxxxxxxxx 00000

DB Services Tennessee

000 Xxxxxxxxx Xxxx Xx.

Xxxxxxxxx, XX 00000

Attn: Transfer Unit

Re:

Impac Secured Assets Corp.

Mortgage Pass-Through Certificates, Series 2007-3, Class [_] Certificates

Ladies and Gentlemen:

In connection with the sale by ___________ (the “Seller”) to ________ (the “Purchaser”) of $_________ Initial Certificate Principal Balance of Mortgage Pass-Through Certificates, Series 2007-3, Class _____ (the “Certificates”), issued pursuant to the Pooling and Servicing Agreement, dated as of April 1, 2007 (the “Pooling and Servicing Agreement”), among Impac Secured Assets Corp., as depositor (the “Company”), Impac Funding Corporation, as master servicer, and Deutsche Bank National Trust Company, as trustee (the “Trustee”). The Seller hereby certifies, represents and warrants to, and covenants with, the Company and the Trustee that:

Neither the Seller nor anyone acting on its behalf has (a) offered, pledged, sold, disposed of or otherwise transferred any Certificate, any interest in any Certificate or any other similar security to any person in any manner, (b) has solicited any offer to buy or to accept a pledge, disposition or other transfer of any Certificate, any interest in any Certificate or any other similar security from any person in any manner, (c) has otherwise approached or negotiated with respect to any Certificate, any interest in any Certificate or any other similar security with any person in any manner, (d) has made any general solicitation by means of general advertising or in any other manner, or (e) has taken any other action, that (as to any of (a) through (e) above) would constitute a distribution of the Certificates under the Securities Act of 1933 (the “Act”), that would render the disposition of any Certificate a violation of Section 5 of the Act or any state securities law, or that would require registration or qualification pursuant thereto. The Seller will not act in any manner set forth in the foregoing sentence with respect to any Certificate. The Seller has not and will not sell or otherwise transfer any of the Certificates, except in compliance with the provisions of the Pooling and Servicing Agreement.

G-2-1

	Very truly yours, _____________________ (Seller)

	By: _____________________ Name: ___________________ Title: _____________________

G-2-2

EXHIBIT G-3

FORM OF RULE 144A INVESTMENT REPRESENTATION

Description of Rule 144A Securities, including numbers:

Impac Secured Assets Corp.

Mortgage Pass-Through Certificates

Series 2007-3, Class ____, No. ____

The undersigned seller, as registered holder (the “Transferor”), intends to transfer the Rule 144A Securities described above to the undersigned buyer (the “Buyer”).

1. In connection with such transfer and in accordance with the agreements pursuant to which the Rule 144A Securities were issued, the Transferor hereby certifies the following facts: Neither the Transferor nor anyone acting on its behalf has offered, transferred, pledged, sold or otherwise disposed of the Rule 144A Securities, any interest in the Rule 144A Securities or any other similar security to, or solicited any offer to buy or accept a transfer, pledge or other disposition of the Rule 144A Securities, or otherwise approached or negotiated with respect to the Rule 144A Securities, any interest in the Rule 144A Securities or any other similar security with, any person in any manner, or made any general solicitation by means of general advertising or in any other manner, or taken any other action, which would constitute a distribution of the Rule 144A Securities under the Securities Act of 1933, as amended (the “1933 Act”), or which would render the disposition of the Rule 144A Securities a violation of Section 5 of the 1933 Act or require registration pursuant thereto, and that the Transferor has not offered the Rule 144A Securities to any person other than the Buyer or another “qualified institutional buyer” as defined in Rule 144A under the 0000 Xxx.

2. The Buyer warrants and represents to, and covenants with, the Transferor, the Trustee, the Master Servicer and the Depositor pursuant to Section 5.02 of the Pooling and Servicing Agreement, dated as of April 1, 2007 (the “Pooling and Servicing Agreement”), among Impac Secured Assets Corp., as depositor (the “Depositor”), Impac Funding Corporation, as master servicer (the “Master Servicer”) and Deutsche Bank National Trust Company, as trustee (the “Trustee”), as follows:

a. The Buyer understands that the Rule 144A Securities have not been registered under the 1933 Act or the securities laws of any state.

b. The Buyer considers itself a substantial, sophisticated institutional investor having such knowledge and experience in financial and business matters that it is capable of evaluating the merits and risks of investment in the Rule 144A Securities.

G-3-1

c. The Buyer has been furnished with all information regarding the Rule 144A Securities that it has requested from the Transferor, the Trustee or the Master Servicer.

d. Neither the Buyer nor anyone acting on its behalf has offered, transferred, pledged, sold or otherwise disposed of the Rule 144A Securities, any interest in the Rule 144A Securities or any other similar security to, or solicited any offer to buy or accept a transfer, pledge or other disposition of the Rule 144A Securities, any interest in the Rule 144A Securities or any other similar security from, or otherwise approached or negotiated with respect to the Rule 144A Securities, any interest in the Rule 144A Securities or any other similar security with, any person in any manner, or made any general solicitation by means of general advertising or in any other manner, or taken any other action, that would constitute a distribution of the Rule 144A Securities under the 1933 Act or that would render the disposition of the Rule 144A Securities a violation of Section 5 of the 1933 Act or require registration pursuant thereto, nor will it act, nor has it authorized or will it authorize any person to act, in such manner with respect to the Rule 144A Securities.

e. The Buyer is a “qualified institutional buyer” as that term is defined in Rule 144 under the 1933 Act and has completed either of the forms of certification to that effect attached hereto as Annex 1 or Annex 2. The Buyer is aware that the sale to it is being made in reliance on Rule 144A. The Buyer is acquiring the Rule 144A Securities for its own account or the account of other qualified institutional buyers, understands that such Rule 144 Securities may be resold, pledged or transferred only (i) to a person reasonably believed to be a qualified institutional buyer that purchases for its own account or for the account of a qualified institutional buyer to whom notice is given that the resale, pledge or transfer is being made in reliance on Rule 144A, or (ii) pursuant to another exemption from registration under the 1933 Act.

3. The Buyer warrants and represents to, and covenants with, the Transferor, the Master Servicer and the Depositor that either (1) the Buyer is not an employee benefit plan within the meaning of Section 3(3) of the Employee Retirement Income Security Act of 1974, as amended (“ERISA”) (“Plan”), or a plan within the meaning of Section 4975(e)(1) of the Internal Revenue Code of 1986 (the “Code”) (also a “Plan”), and the Buyer is not directly or indirectly purchasing the Rule 144A Securities on behalf of, as investment manager of, as named fiduciary of, as trustee of, or with assets of a Plan, or (2) the Buyer has provided the Trustee with the opinion letter required by section 5.02(c) of the Pooling and Servicing Agreement.

4. This document may be executed in one or more counterparts and by the different parties hereto on separate counterparts, each of which, when so executed, shall be deemed to be an original; such counterparts, together, shall constitute one and the same document.

G-3-2

IN WITNESS WHEREOF, each of the parties has executed this document as of the date set forth below.

________________________________ Print Name of Transferor	________________________________ Print Name of Buyer



By: ________________________________ Name: Title:	By: ________________________________ Name: Title:


Taxpayer Identification: No. ________________________________ Date:	Taxpayer Identification: No. ________________________________ Date:

G-3-3

ANNEX 1 TO EXHIBIT G-3

QUALIFIED INSTITUTIONAL BUYER STATUS UNDER SEC RULE 144A

[For Buyers Other Than Registered Investment Companies]

The undersigned hereby certifies as follows in connection with the Rule 144A Investment Representation to which this Certification is attached:

1. As indicated below, the undersigned is the President, Chief Financial Officer, Senior Vice President or other executive officer of the Buyer.

2. In connection with purchases by the Buyer, the Buyer is a “qualified institutional buyer” as that term is defined in Rule 144A under the Securities Act of 1933 (“Rule 144A”) because (i) the Buyer owned and/or invested on a discretionary basis $____________________¹ in securities (except for the excluded securities referred to below) as of the end of the Buyer's most recent fiscal year (such amount being calculated in accordance with Rule 144A) and (ii) the Buyer satisfies the criteria in the category marked below.

____	Corporation, etc. The Buyer is a corporation (other than a bank, savings and loan association or similar institution), Massachusetts or similar business trust, partnership, or charitable organization described in Section 501(c)(3) of the Internal Revenue Code.

____

Bank. The Buyer (a) is a national bank or banking institution organized under the laws of any State, territory or the District of Columbia, the business of which is substantially confined to banking and is supervised by the State or territorial banking commission or similar official or is a foreign bank or equivalent institution, and (b) has an audited net worth of at least $25,000,000 as demonstrated in its latest annual financial statement, a copy of which is attached hereto.

____

Savings and Loan. The Buyer (a) is a savings and loan association, building and loan association, cooperative bank, homestead association or similar institution, which is supervised and examined by a State or Federal authority having supervision over any such institutions or is a foreign savings and loan association or equivalent institution and (b) has an audited net worth of at least $25,000,000 as demonstrated in its latest annual financial statements.

____	Broker-dealer. The Buyer is a dealer registered pursuant to Section 15 of the Securities Exchange Act of 1934.

_____________________

¹Buyer must own and/or invest on a discretionary basis at least $100,000,000 in securities unless Buyer is a dealer, and, in that case, Buyer must own and/or invest on a discretionary basis at least $10,000,000 in securities.

G-3-4

____

Insurance Company. The Buyer is an insurance company whose primary and predominant business activity is the writing of insurance or the reinsuring of risks underwritten by insurance companies and which is subject to supervision by the insurance commissioner or a similar official or agency of a State, territory or the District of Columbia.

____	State or Local Plan. The Buyer is a plan established and maintained by a State, its political subdivisions, or any agency or instrumentality of the State or its political subdivisions, for the benefit of its employees.

____	ERISA Plan. The Buyer is an employee benefit plan within the meaning of Title I of the Employee Retirement Income Security Act of 1974.

____	Investment Adviser. The Buyer is an investment adviser registered under the Investment Advisers Act of 1940.

____	SBIC. The Buyer is a Small Business Investment Company licensed by the U.S. Small Business Administration under Section 301(c) or (d) of the Small Business Investment Act of 1958.

____	Business Development Company. The Buyer is a business development company as defined in Section 202(a)(22) of the Investment Advisers Act of 1940.

____

Trust Fund. The Buyer is a trust fund whose trustee is a bank or trust company and whose participants are exclusively (a) plans established and maintained by a State, its political subdivisions, or any agency or instrumentality of the State or its political subdivisions, for the benefit of its employees, or (b) employee benefit plans within the meaning of Title I of the Employee Retirement Income Security Act of 1974, but is not a trust fund that includes as participants individual retirement accounts or H.R. 10 plans.

3. The term “securities” as used herein does not include (i) securities of issuers that are affiliated with the Buyer, (ii) securities that are part of an unsold allotment to or subscription by the Buyer, if the Buyer is a dealer, (iii) bank deposit notes and certificates of deposit, (iv) loan participations, (v) repurchase agreements, (vi) securities owned but subject to a repurchase agreement and (vii) currency, interest rate and commodity swaps.

4. For purposes of determining the aggregate amount of securities owned and/or invested on a discretionary basis by the Buyer, the Buyer used the cost of such securities to the Buyer and did not include any of the securities referred to in the preceding paragraph. Further, in determining such aggregate amount, the Buyer may have included securities owned by subsidiaries of the Buyer, but only if such subsidiaries are consolidated with the Buyer in its financial statements prepared in accordance with generally accepted accounting principles and if the investments of such subsidiaries are managed under the Buyer's direction. However, such securities were not included if the Buyer is a majority-owned, consolidated subsidiary of another enterprise and the Buyer is not itself a reporting company under the Securities Exchange Act of 1934.

G-3-5

5. The Buyer acknowledges that it is familiar with Rule 144A and understands that the seller to it and other parties related to the Certificates are relying and will continue to rely on the statements made herein because one or more sales to the Buyer may be in reliance on Rule 144A.

___	___		Will the Buyer be purchasing the Rule 144A
Yes	No		Securities only for the Buyer's own account?

6. If the answer to the foregoing question is “no”, the Buyer agrees that, in connection with any purchase of securities sold to the Buyer for the account of a third party (including any separate account) in reliance on Rule 144A, the Buyer will only purchase for the account of a third party that at the time is a “qualified institutional buyer” within the meaning of Rule 144A. In addition, the Buyer agrees that the Buyer will not purchase securities for a third party unless the Buyer has obtained a current representation letter from such third party or taken other appropriate steps contemplated by Rule 144A to conclude that such third party independently meets the definition of “qualified institutional buyer” set forth in Rule 144A.

7. The Buyer will notify each of the parties to which this certification is made of any changes in the information and conclusions herein. Until such notice is given, the Buyer's purchase of Rule 144A Securities will constitute a reaffirmation of this certification as of the date of such purchase.

	________________________________ Print Name of Buyer


	By: ________________________________ Name: Title: Date: ________________________________

G-3-6

ANNEX 2 TO EXHIBIT G-3

QUALIFIED INSTITUTIONAL BUYER STATUS UNDER SEC RULE 144A

[For Buyers That Are Registered Investment Companies]

The undersigned hereby certifies as follows in connection with the Rule 144A Investment Representation to which this Certification is attached:

1. As indicated below, the undersigned is the President, Chief Financial Officer or Senior Vice President of the Buyer or, if the Buyer is a “qualified institutional buyer” as that term is defined in Rule 144A under the Securities Act of 1933 (“Rule 144A”) because Buyer is part of a Family of Investment Companies (as defined below), is such an officer of the Adviser.

2. In connection with purchases by Buyer, the Buyer is a “qualified institutional buyer” as defined in SEC Rule 144A because (i) the Buyer is an investment company registered under the Investment Company Act of 1940, and (ii) as marked below, the Buyer alone, or the Buyer's Family of Investment Companies, owned at least $100,000,000 in securities (other than the excluded securities referred to below) as of the end of the Buyer's most recent fiscal year. For purposes of determining the amount of securities owned by the Buyer or the Buyer's Family of Investment Companies, the cost of such securities was used.

____	The Buyer owned $_______________ in securities (other than the excluded securities referred to below) as of the end of the Buyer's most recent fiscal year (such amount being calculated in accordance with Rule 144A).

____	The Buyer is part of a Family of Investment Companies which owned in the aggregate $____________ in securities (other than the excluded securities referred to below) as of the end of the Buyer's most recent fiscal year (such amount being calculated in accordance with Rule 144A).

3. The term “Family of Investment Companies” as used herein means two or more registered investment companies (or series thereof) that have the same investment adviser or investment advisers that are affiliated (by virtue of being majority owned subsidiaries of the same parent or because one investment adviser is a majority owned subsidiary of the other).

4. The term “securities” as used herein does not include (i) securities of issuers that are affiliated with the Buyer or are part of the Buyer's Family of Investment Companies, (ii) bank deposit notes and certificates of deposit, (iii) loan participations, (iv) repurchase agreements, (v) securities owned but subject to a repurchase agreement and (vi) currency, interest rate and commodity swaps.

5. The Buyer is familiar with Rule 144A and understands that each of the parties to which this certification is made are relying and will continue to rely on the statements made herein because one or more sales to the Buyer will be in reliance on Rule 144A. In addition, the Buyer will only purchase for the Buyer's own account.

G-3-7

6. The undersigned will notify each of the parties to which this certification is made of any changes in the information and conclusions herein. Until such notice, the Buyer's purchase of Rule 144A Securities will constitute a reaffirmation of this certification by the undersigned as of the date of such purchase.

	________________________________ Print Name of Buyer


	By: ________________________________ Name: Title:


	IF AN ADVISER:

	________________________________ Print Name of Buyer


	Date: ________________________________

G-3-8

EXHIBIT G-4

FORM OF TRANSFEROR CERTIFICATE

______________, 200__

Impac Secured Assets Corp.

00000 Xxxxxxxx Xxxx

Xxxxxx, Xxxxxxxxxx 00000

DB Services Tennessee

000 Xxxxxxxxx Xxxx Xx.

Xxxxxxxxx, XX 00000

Attn: Transfer Unit

Re:

Impac Secured Assets Corp.

Mortgage Pass-Through Certificates Series 2007-3, Class R Certificates

Ladies and Gentlemen:

This letter is delivered to you in connection with the sale by ____________ (the “Seller”) to _______________ (the “Purchaser”) of a ____% Percentage Interest in the Mortgage Pass-Through Certificates, Series 2007-3, Class R Certificates (the “Certificates”), issued pursuant to Section 5.02 of the Pooling and Servicing Agreement, dated as of April 1, 2007 (the “Pooling and Servicing Agreement”), among Impac Secured Assets Corp., as depositor (the “Company”), Impac Funding Corporation, as master servicer (the “Master Servicer”), and Deutsche Bank National Trust Company, as trustee (the “Trustee”). All terms used herein and not otherwise defined shall have the meaning set forth in the Pooling and Servicing Agreement. The Seller hereby certifies, represents and warrants to, and covenants with, the Company and the Trustee that:

1. No purpose of the Seller relating to the sale of the Certificates by the Seller to the Purchaser is or will be to impede the assessment or collection of any tax.

2. The Seller understands that the Purchaser has delivered to the Trustee and the Company a transfer affidavit and agreement in the form attached to the Pooling and Servicing Agreement as Exhibit G-5. The Seller does not know or believe that any representation contained therein is false.

3. The Seller has at the time of the transfer conducted a reasonable investigation of the financial condition of the Purchaser as contemplated by Treasury Regulations Section 1.860E-1(c)(4)(i) and, as a result of that investigation, the Seller has determined that the Purchaser has historically paid its debts as they have become due and has found no significant evidence to indicate that the Purchaser will not continue to pay its debts as they become due in the future. The Seller understands that the transfer of the Certificates may not be respected for United States income tax purposes (and the Seller may continue to be liable for United States income taxes associated therewith) unless the Seller has conducted such an investigation.

G-4-1

4. The Seller has no actual knowledge that the proposed Transferee is not a Permitted Transferee.

	Very truly yours, ________________________________ (Seller)


	By: ________________________________ Name________________________________ Title: ________________________________

G-4-2

EXHIBIT G-5

FORM OF TRANSFER AFFIDAVIT AND AGREEMENT

STATE OF	)
	:ss.
COUNTY OF	)

___________________, being first duly sworn, deposes, represents and warrants:

1. That he/she is [Title of Officer] of [Name of Owner], a [savings institution] [corporation] duly organized and existing under the laws of [the State of __________] [the United States], (the “Investor”), (record or beneficial owner of the Class R Certificates (the “Certificates”) on behalf of which he/she makes this affidavit and agreement). This Class R Certificates were issued pursuant to the Pooling and Servicing Agreement, dated as of April 1, 2007 (the “Agreement”), among Impac Secured Assets Corp., as depositor (the “Depositor”), Impac Funding Corporation, as master servicer (the “Master Servicer”), and Deutsche Bank National Trust Company, as trustee (the “Trustee”).

1. The Investor is, as of the date hereof, and will be, as of the date of the Transfer, a Permitted Transferee. The Investor is not acquiring its Ownership Interest in the Certificates for the account of a Person other than a Permitted Transferee.

2. The Investor has been advised and understands that (i) a tax will be imposed on Transfers of the Certificates to Persons that are not Permitted Transferees; (ii) such tax will be imposed on the Transferor, or, if such Transfer is through an agent (which includes a broker, nominee or middleman) for a Person that is not a Permitted Transferee, on the agent; and (iii) the Person otherwise liable for the tax shall be relieved of liability for the tax if a subsequent transferee furnishes to such Person an affidavit that such subsequent transferee is a Permitted Transferee, and at the time of Transfer, such Person does not have actual knowledge that the affidavit is false.

3. The Investor has been advised and understands that a tax will be imposed on a “pass-through entity” holding the Certificates if at any time during the taxable year of the pass-through entity a Person that is not a Permitted Transferee is the record holder of an interest in such entity. The Investor understands that such tax will not be imposed for any period with respect to which the record holder furnishes to the pass-through entity an affidavit that such record holder is a Permitted Transferee and the pass-through entity does not have actual knowledge that such affidavit is false. (For this purpose, a “pass-through entity” includes a regulated investment company, a real estate investment trust or common trust fund, a partnership, trust or estate, and certain cooperatives and, except as may be provided in Treasury regulations, Persons holding interests in pass-through entities as a nominee for another Person.)

4. The Investor has reviewed the provisions of Section 5.02(e) of the Agreement and understands the legal consequences of the acquisition of an Ownership Interest in the Certificates, including, without limitation, the restrictions on subsequent Transfers and the provisions regarding voiding any prohibited Transfers and mandatory sales. The Investor expressly agrees to be bound by, and to abide by, such provisions of the Agreement and the restrictions noted on the face of the Certificates. The Investor understands and agrees that any breach of any of the representations included herein shall render the Transfer of the Certificates to the Investor contemplated hereby null and void. The Investor consents to any amendment of the Agreement that shall be deemed necessary by the Depositor (upon advice of nationally recognized counsel) to constitute a reasonable arrangement to ensure that the Certificate will not be owned directly or indirectly by a Person other than a Permitted Transferee.

G-5-1

5. The Investor agrees not to Transfer the Certificates, or cause the Transfer of the Certificates by a Person for whom the Investor is acting as nominee, trustee or agent, in each case unless (i) it has received an affidavit in substantially the same form as this affidavit containing these same representations and covenants from the subsequent transferee. In connection with any such Transfer by the Investor, the Investor agrees to deliver to the Trustee a certificate substantially in the form set forth as Exhibit G-4 to the Agreement to the effect that the Investor has no actual knowledge that the Person to which the Transfer is to be made is not a Permitted Transferee.

6. The Investor has historically paid its debts as they have come due, intends to pay its debts as they come due in the future, and understands that the taxes associated with holder an Ownership Interest in the Certificates may exceed the cash flow with respect thereto in some or all periods and intends to pay such taxes as they become due. The Investor does not have the intention, and no purpose of the Transfer of the Certificates to the Investor is, to impede the assessment or collection of any tax legally required to be paid with respect to the Certificates.

7. The Investor’s U.S. taxpayer identification number is [_____________].

8. The Investor is a United States Person.

9. The Investor is aware that the Certificates may be a “noneconomic residual interest” within the meaning of Treasury regulations promulgated under Section 860E of the Code and that the transferor of a noneconomic residual interest will remain liable for any taxes due with respect to the income on such residual interest, unless no significant purpose of the transfer was to impede the assessment or collection of tax.

10. The Investor will not cause income from the Certificates to be attributable to a foreign permanent establishment or fixed base, within the meaning of an applicable income tax treaty, of the Investor or any other United States Person.

11. Check one of the following:

o The Transfer of the Certificates complies with U.S. Treasury Regulation Sections 1.860E-1(c)(7) and (8) and, accordingly:

(i) the present value of the anticipated tax liabilities associated with holding the Certificates does not exceed the sum of:

G-5-2

(a)

the present value of any consideration given to the Investor to acquire such Certificates;

(b)

the present value of the expected future distributions on such Certificates; and

(c)

the present value of the anticipated tax savings associated with holding such Certificates as the related REMIC generates losses; and

(ii) the Transfer of the Certificates will not result in such Certificates being held, directly or indirectly, by a foreign permanent establishment or fixed base, within the meaning of an applicable income tax treaty, of the Investor or any other United States Person.

For purposes of the calculation in clause (i) above, (x) the Investor is assumed to pay tax at the highest rate currently specified in Section 11(b)(1) of the Code (but the tax rate in Section 55(b)(1)(B) of the Code may be used in lieu of the highest rate specified in Section 11(b)(1) of the Code if the Investor has been subject to the alternative minimum tax under Section 55 of the Code in the preceding two years and will compute its taxable income in the current taxable year using the alternative minimum tax rate) and (y) present values are computed using a discount rate equal to the short-term Federal rate prescribed by Section 1274(d) of the Code for the month of the transfer and the compounding period used by the Investor.

o The Transfer of the Certificates complies with U.S. Treasury Regulation Sections 1.860E-1(c)(5) and (6) and, accordingly:

(i)

the Investor is an “eligible corporation,” as defined in U.S. Treasury Regulation Section 1.860E-1(c)(6)(i), as to which income from the Certificates will only be taxed in the United States;

(ii)

at the time of the Transfer, and at the close of the Investor’s two fiscal years preceding the fiscal year of the transfer, the Investor had gross assets for financial reporting purposes (excluding any obligation of a “related person” to the Investor within the meaning of U.S. Treasury Regulation Section 1.860E-1(c)(6)(ii) and any other asset the principal purpose of which is to permit the Investor to satisfy the condition of this clause (ii)) in excess of $100 million and net assets in excess of $10 million;

(iii)

the Investor will transfer the Certificates only to another “eligible corporation,” as defined in U.S. Treasury Regulation Section 1.860E-1(c)(6)(i), in a transaction in which the requirements of U.S. Treasury Regulation Sections 1.860E-1(c)(4)(i), (ii) and (iii) and -1(c)(5) are satisfied and, accordingly, the subsequent transferee provides a similar affidavit with this box checked; and

(iv)

the Investor determined the consideration paid to it to acquire the Certificates based on reasonable market assumptions (including, but not limited to, borrowing and investment rates, prepayment and loss assumptions, expense and reinvestment assumptions, tax rates and other factors specific to the Investor) that it has determined in good faith and has concluded that such consideration, together with other assets of the Investor, will be sufficient to cover the taxes associated with the Certificates.

G-5-3

o None of the above.

11. (a) The Certificates (i) are not being acquired by, and will not be transferred to, any employee benefit plan within the meaning of Section 3(3) of the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), or other retirement arrangement, including individual retirement accounts and annuities, Xxxxx plans and bank collective investment funds and insurance company general or separate accounts in which such plans, accounts or arrangements are invested, that is subject to ERISA or Section 4975 of the Code (any of the foregoing, a “Plan”), (ii) are not being acquired with “plan assets” of a Plan within the meaning of the Department of Labor (“DOL”) regulation, 29 C.F.R. § 2510.3-101 or otherwise under ERISA, and (iii) will not be transferred to any entity that is deemed to be investing in plan assets within the meaning of the DOL regulation, 29 C.F.R. § 2510.3-101 or otherwise under ERISA; or

(b) The Investor will provide the Trustee with an opinion of counsel, as specified in Section 5.02(c) of the Agreement, acceptable to and in form and substance satisfactory to the Trustee to the effect that the purchase of Certificates is permissible under applicable law, will not constitute or result in any non-exempt prohibited transaction under ERISA or Section 4975 of the Code and will not subject the Trustee, the Depositor or the Master Servicer to any obligation or liability (including obligations or liabilities under ERISA or Section 4975 of the Code) in addition to those undertaken in the Agreement.

In addition, the Investor hereby certifies, represents and warrants to, and covenants with, the Depositor, the Trustee and the Master Servicer that the Investor will not transfer such Certificates to any Plan or person unless either such Plan or person meets the requirements set forth in either (a) or (b) above.

G-5-4

IN WITNESS WHEREOF, the Investor has caused this instrument to be executed on its behalf, by its [Title of Officer] and its corporate seal to be hereunto attached, attested by its [Assistant] Secretary, this ______ day of _____________, _____.

	________________________________ [NAME OF INVESTOR] By: ________________________________ [Name of Officer] [Title of Officer]

[Corporate Seal] ATTEST: ________________________________ [Assistant] Secretary

X-0-0

XXXX XX XXXXXXXXXX XXXXXXXXX

XXXXX XX XXX XXXX	)
	)	ss.:
COUNTY OF NEW YORK	)

The undersigned is the [Title of Officer] of [Name of Transferor] (the “Owner”), the proposed transferor of an Ownership Interest in the Impac Secured Assets Corp., Mortgage pass-through Certificates, Series 2007-3, Class R Certificate (the “Certificate”) issued pursuant to the Pooling and Servicing Agreement (the “Agreement”) relating to the Certificate, dated as of [ ], 2007, among [ ], as depositor (the “Depositor”), [ ], as master servicer (“the Master Servicer”) and [ ], as trustee (the “Trustee”), and makes this affidavit on behalf of the Owner for the benefit of the Depositor and the Trustee. Capitalized terms used, but not defined herein, shall have the meanings ascribed to such terms in the Agreement.

1. The Owner is not transferring the Certificate to impede the assessment or collection of any tax.

2. The Owner has no actual knowledge that the proposed Transferee of the Certificate: (i) has insufficient assets to pay any taxes that would be owed by such Transferee as Holder of the Certificate; (ii) may become insolvent or subject to a bankruptcy proceeding for so long as the Certificate remains outstanding; and (iii) is not a Permitted Transferee.

3. The Owner understands that the proposed Transferee has delivered to the Trustee a transfer affidavit and agreement in the form attached to the Pooling and Servicing Agreement as Exhibit F-2. The Owner does not know or believe that any representation contained therein is false.

4. At the time of transfer, the Owner has conducted a reasonable investigation of the financial condition of the proposed Transferee as contemplated by Treasury Regulation Section 1.860E-1(c)(4)(i) and, as a result of that investigation, the Owner has determined that the proposed Transferee has historically paid its debts as they became due and has found no significant evidence to indicate that the proposed Transferee will not continue to pay its debts as they become due in the future. The Owner understands that the transfer of the Certificate may not be respected for U.S. federal income tax purposes (and the Owner may continue to be liable for U.S. federal income taxes associated therewith) unless the Owner has conducted such an investigation.

G-5-6

IN WITNESS WHEREOF, the Investor has caused this instrument to be executed on its behalf, pursuant to authority of its Board of Directors, by its [Title of Officer] this ____ day of _________, 20__.

[NAME OF OWNER]

By:

Name:

[Name of Officer]

Title:

[Title of Officer]

Personally appeared before me the above-named [Name of Officer], known or proved to me to be the same person who executed the foregoing instrument and to be the [Title of Officer] of the Owner, and acknowledged to me that he/she executed the same as his/her free act and deed and the free act and deed of the Owner.

Subscribed and sworn before me this ___ day of _________, 20___.

NOTARY PUBLIC

COUNTY OF

STATE OF

My commission expires the ___ day of ___________________, 20___.

G-5-7

EXHIBIT H

MORTGAGE LOAN SCHEDULE

         LOAN_ID   CITY1                                             ZIP_CODE    STATE                    FIRST_PAY_DATE            MATURITY_DATE   AM_TYPE                 BALLOON                        STATED_ORIGINAL_TERM            AMORT_TERM1              STATED_REM_TERM               ORIGINAL_BALANCE                CURRENT_BALANCE   LIEN                              SR_LIEN_BALANCE            TOTAL_BAL              JR_LIEN_BALANCE            SALES_PRICE           APPRAISAL            LOAN_TO_VALUE           COMBO_LTV   MI                        MTG_INS                 MI_PCT                     CURRENT_GROSS_COUPON          SERV_FEE        MSERV      LPMI          TOTAL_STRIP
      1103143549   SAN DIMAS                                            91733    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     280,000.00                     280,000.00   First Lien                                      0           280,000.00                         0.00                      -          400,000.00                    70.00               70.00   No MI                     NO MI                        0                                    6.250             0.375       0.0325     0.000               0.4075
      1103445953   SHORT HILLS                                          07078    NJ                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     800,000.00                     800,000.00   First Lien                                      0         1,000,000.00                   200,000.00                      -        1,000,000.00                    80.00              100.00   No MI                     NO MI                        0                                    6.625             0.375       0.0325     0.000               0.4075
      1103541312   IRVINE                                               92620    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     213,500.00                     213,500.00   First Lien                                      0           213,500.00                         0.00                      -          305,000.00                    70.00               70.00   No MI                     NO MI                        0                                    6.000             0.375       0.0325     0.000               0.4075
      1103581621   LA XXXXXX                                            91744    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     392,000.00                     392,000.00   First Lien                                      0           416,500.00                    24,500.00                 490000              495000                    80.00               85.00   No MI                     NO MI                        0                                   6.0000            0.3750       0.0325    0.0000               0.4075
      1103605926   LAKE WALES                                           33898    FL                             20070101                 20220401   FIXED                   Yes                                             180                    360                          176                      32,000.00                      31,974.17   Second Lien                                120000           152,000.00                         0.00                 160000              164000                    95.00               95.00   No MI                     NO MI                        0                                  13.6250            0.5000       0.0325    0.0000               0.5325
      1103611487   PEYTON                                               80831    CO                             20061101                 20211201   FIXED                   Yes                                             180                    360                          174                      47,671.00                      47,601.92   Second Lien                                178766           226,437.00                         0.00                 238355              239000                    95.00               95.00   No MI                     NO MI                        0                                  12.8750            0.5000       0.0325    0.0000               0.5325
      1103611552   TUSTIN                                               92782    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     462,900.00                     462,900.00   First Lien                                      0           520,700.00                    57,800.00                 578655              579000                    80.00               89.99   No MI                     NO MI                        0                                   6.7500            0.3750       0.0325    0.0000               0.4075
      1103612837   GREENSBORO                                           27406    NC                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     227,500.00                     227,500.00   First Lien                                      0           227,500.00                         0.00                 252814              253000                    89.99               89.99   PMI                       BPMI                        25                                   6.8750            0.3750       0.0325    0.0000               0.4075
      1103612902   SIMPSONVILLE                                         29680    SC                             20070101                 20361201   ARMS                    No                                              360                    360                          356                     146,800.00                     146,440.48   First Lien                                      0           174,325.00                    27,525.00                 186000              186000                    78.93               93.73   No MI                     NO MI                        0                                   8.5000            0.3750       0.0325    0.0000               0.4075
      1103613763   XXXXXXXX                                             27012    NC                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     228,200.00                     228,200.00   First Lien                                      0           228,200.00                         0.00                 240217              245000                    95.00               95.00   PMI                       BPMI                        30                                   7.0000            0.3750       0.0325    0.0000               0.4075
      1103615320   WESTMINSTER                                          92683    CA                             20061001                 20220401   FIXED                   Yes                                             180                    360                          173                     118,000.00                     117,780.60   Second Lien                                472000           590,000.00                         0.00                 590000              600000                   100.00              100.00   No MI                     NO MI                        0                                  11.7500            0.5000       0.0325    0.0000               0.5325
      1103618814   LA XXXXXX                                            91744    CA                             20061201                 20361101   FIXED                   No                                              360                    360                          355                      50,200.00                      50,130.70   Second Lien                                400000           450,200.00                         0.00                      -          502,000.00                    89.69               89.69   No MI                     NO MI                        0                                   12.250             0.500       0.0325     0.000               0.5325
      1103620173   LEHIGH ACRES                                         33972    FL                             20061201                 20220401   FIXED                   Yes                                             180                    360                          175                      51,050.00                      50,975.48   Second Lien                                191550           242,600.00                         0.00                 255400              256000                    94.99               94.99   No MI                     NO MI                        0                                  12.0000            0.5000       0.0325    0.0000               0.5325
      1103624061   CASTAIC                                              91384    CA                             20061201                 20211101   FIXED                   Yes                                             180                    360                          175                      53,250.00                      53,176.45   Second Lien                                284000           337,250.00                         0.00                 355000              355000                    95.00               95.00   No MI                     NO MI                        0                                  12.2500            0.5000       0.0325    0.0000               0.5325
      1103624733   XXXXXXXXX                                            55398    MN                             20061201                 20211101   FIXED                   Yes                                             180                    360                          175                      65,625.00                      65,567.23   Second Lien                                183750           249,375.00                         0.00                 262500              270000                    95.00               95.00   No MI                     NO MI                        0                                  14.2500            0.5000       0.0325    0.0000               0.5325
      1103626197   BALTIMORE                                            21218    MD                             20061201                 20211101   FIXED                   Yes                                             180                    360                          175                      33,000.00                      32,944.73   Second Lien                                169400           202,400.00                         0.00                      -          242,000.00                    83.64               83.64   No MI                     NO MI                        0                                   11.375             0.500       0.0325     0.000               0.5325
      1103627011   ORANGE                                               07050    NJ                             20070101                 20261201   FIXED                   No                                              240                    240                          236                      75,000.00                      74,717.88   Second Lien                                210000           285,000.00                         0.00                 300000              300000                    95.00               95.00   No MI                     NO MI                        0                                  12.6500            0.5000       0.0325    0.0000               0.5325
      1103632043   DORAL                                                33166    FL                             20070201                 20220401   FIXED                   Yes                                             180                    360                          177                      66,475.00                      66,422.53   Second Lien                                186130           252,605.00                         0.00                 265900              266000                    95.00               95.00   No MI                     NO MI                        0                                  12.4250            0.5000       0.0325    0.0000               0.5325
      1103632215   FREDERICKSBURG                                       22407    VA                             20061201                 20361101   FIXED                   No                                              360                    360                          355                      74,400.00                      74,256.44   Second Lien                                173600           248,000.00                         0.00                 248000              300000                   100.00              100.00   No MI                     NO MI                        0                                  12.3750            0.5000       0.0325    0.0000               0.5325
      1103632233   XXXX XXXX XXXX                                       00000    UT                             20070101                 20220401   FIXED                   Yes                                             180                    360                          176                      30,750.00                      30,711.20   Second Lien                                153750           184,500.00                         0.00                      -          205,000.00                    90.00               90.00   No MI                     NO MI                        0                                   11.625             0.500       0.0325     0.000               0.5325
      1103632320   ROCKFORD                                             61107    IL                             20070101                 20211201   FIXED                   Yes                                             180                    360                          176                      37,000.00                      36,972.08   Second Lien                                103600           140,600.00                         0.00                      -          148,000.00                    95.00               95.00   No MI                     NO MI                        0                                   13.925             0.500       0.0325     0.000               0.5325
      1103632732   RAWLINS                                              82301    WY                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     100,600.00                     100,474.51   First Lien                                      0           120,650.00                    20,050.00                      -          138,000.00                    72.90               87.43   No MI                     NO MI                        0                                    8.375             0.375       0.0325     0.000               0.4075
      1103632897   CORONA                                               92882    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     315,000.00                     315,000.00   First Lien                                      0           315,000.00                         0.00                      -          420,000.00                    75.00               75.00   No MI                     NO MI                        0                                    6.750             0.375       0.0325     0.000               0.4075
      1103633116   DAVENPORT                                            33837    FL                             20070201                 20220401   FIXED                   Yes                                             180                    360                          177                      40,000.00                      39,971.46   Second Lien                                150000           190,000.00                         0.00                 200000              200000                    95.00               95.00   No MI                     NO MI                        0                                  12.8750            0.5000       0.0325    0.0000               0.5325
      1103633980   BALTIMORE                                            21206    MD                             20070101                 20220101   FIXED                   Yes                                             180                    360                          176                      36,975.00                      36,944.82   Second Lien                                103530           140,505.00                         0.00                 147900              147900                    95.00               95.00   No MI                     NO MI                        0                                  13.5750            0.5000       0.0325    0.0000               0.5325
      1103634228   COLORADO SPRINGS                                     80916    CO                             20070101                 20211201   FIXED                   Yes                                             180                    360                          176                      41,862.00                      41,828.02   Second Lien                                117215           159,077.00                         0.00                 167450              171000                    95.00               95.00   No MI                     NO MI                        0                                  13.6000            0.5000       0.0325    0.0000               0.5325
      1103634326   PASSAIC                                              07055    NJ                             20070201                 20220101   FIXED                   No                                              180                    180                          177                      43,350.00                      43,140.56   Second Lien                                231200           274,550.00                         0.00                 289000              300000                    95.00               95.00   No MI                     NO MI                        0                                  14.3750            0.5000       0.0325    0.0000               0.5325
      0000000000   ANAHEIM                                              92804    CA                             20070101                 20211201   FIXED                   No                                              180                    180                          176                     127,000.00                     127,000.00   Second Lien                                508000           635,000.00                         0.00                      -          635,000.00                   100.00              100.00   No MI                     NO MI                        0                                   11.550             0.500       0.0325     0.000               0.5325
      1103635040   WEST XXXXXXXX                                        10604    NY                             20061201                 20211201   FIXED                   Yes                                             180                    360                          175                     106,600.00                     106,047.43   Second Lien                                569050           675,650.00                         0.00                 711341              713500                    94.99               94.99   No MI                     NO MI                        0                                  12.3750            0.5000       0.0325    0.0000               0.5325
      1103635229   NORWALK                                              90650    CA                             20061201                 20211101   FIXED                   Yes                                             180                    360                          175                     109,600.00                     108,913.54   Second Lien                                438400           548,000.00                         0.00                 548000              550000                   100.00              100.00   No MI                     NO MI                        0                                   9.2500            0.5000       0.0325    0.0000               0.5325
      1103635362   BALTIMORE                                            21215    MD                             20070101                 20211101   FIXED                   Yes                                             180                    360                          176                      26,000.00                      25,973.26   Second Lien                                 97500           123,500.00                         0.00                 130000              130000                    95.00               95.00   No MI                     NO MI                        0                                  12.5500            0.5000       0.0325    0.0000               0.5325
      1103635710   DENVER                                               80221    CO                             20070201                 20211201   FIXED                   Yes                                             180                    360                          177                      64,000.00                      63,963.61   Second Lien                                240000           304,000.00                         0.00                      -          320,000.00                    95.00               95.00   No MI                     NO MI                        0                                   13.875             0.500       0.0325     0.000               0.5325
      1103636278   XXXXX                                                80620    CO                             20070301                 20220101   FIXED                   Yes                                             180                    360                          178                      33,800.00                      33,787.03   Second Lien                                126750           160,550.00                         0.00                 169000              169000                    95.00               95.00   No MI                     NO MI                        0                                  13.8000            0.5000       0.0325    0.0000               0.5325
      1103636476   HASTINGS                                             55033    MN                             20070201                 20220201   FIXED                   Yes                                             180                    360                          177                     100,050.00                      99,976.59   Second Lien                                195650           295,700.00                         0.00                 311300              317000                    94.99               94.99   No MI                     NO MI                        0                                  12.7500            0.5000       0.0325    0.0000               0.5325
      1103637015   LAS VEGAS                                            89107    NV                             20070201                 20220101   FIXED                   Yes                                             180                    360                          177                      45,000.00                      44,972.98   Second Lien                                168750           213,750.00                         0.00                 225000              225000                    95.00               95.00   No MI                     NO MI                        0                                  13.7500            0.5000       0.0325    0.0000               0.5325
      1103637096   PEWAUKEE                                             53072    WI                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     368,000.00                     368,000.00   First Lien                                      0           460,000.00                    92,000.00                      -          460,000.00                    80.00              100.00   No MI                     NO MI                        0                                    7.000             0.375       0.0325     0.000               0.4075
      1103638302   LOS ANGELES                                          90037    CA                             20070201                 20220401   FIXED                   Yes                                             180                    360                          177                      65,000.00                      64,963.85   Second Lien                                182000           247,000.00                         0.00                 260000              415000                    95.00               95.00   No MI                     NO MI                        0                                  13.9750            0.5000       0.0325    0.0000               0.5325
      1103638697   AURORA                                               80013    CO                             20070201                 20220101   FIXED                   Yes                                             180                    360                          177                      51,750.00                      51,723.74   Second Lien                                144900           196,650.00                         0.00                 207000              207000                    95.00               95.00   No MI                     NO MI                        0                                  14.3750            0.5000       0.0325    0.0000               0.5325
      1103638853   BLUE SPRINGS                                         64015    MO                             20070101                 20220101   FIXED                   Yes                                             180                    360                          176                      40,000.00                      39,948.11   Second Lien                                112000           152,000.00                         0.00                 160000              160000                    95.00               95.00   No MI                     NO MI                        0                                  11.5000            0.5000       0.0325    0.0000               0.5325
      1103638909   DENVER                                               80221    CO                             20070201                 20211201   FIXED                   Yes                                             180                    360                          177                      26,250.00                      26,250.00   Second Lien                                 73500            99,750.00                         0.00                 105000              122000                    95.00               95.00   No MI                     NO MI                        0                                  13.6250            0.5000       0.0325    0.0000               0.5325
      1103638943   LAS VEGAS                                            89123    NV                             20070301                 20220101   FIXED                   Yes                                             180                    360                          178                     106,168.00                     106,121.87   Second Lien                                297270           403,438.00                         0.00                 424672              480000                    95.00               95.00   No MI                     NO MI                        0                                  13.2500            0.5000       0.0325    0.0000               0.5325
      1103638971   GARDEN GROVE                                         92843    CA                             20070201                 20370101   ARMS                    No                                              360                    360                          357                     420,000.00                     419,140.29   First Lien                                      0           420,000.00                         0.00                      -          550,000.00                    76.37               76.37   No MI                     NO MI                        0                                    7.950             0.375       0.0325     0.000               0.4075
      0000000000   XXXX POINT                                           92629    CA                             20070201                 20220401   FIXED                   Yes                                             180                    360                          177                     141,800.00                     141,695.40   Second Lien                                496300           638,100.00                         0.00                      -          709,000.00                    90.00               90.00   No MI                     NO MI                        0                                   12.725             0.500       0.0325     0.000               0.5325
      1103639110   XXXXXXXXX XXXXXXX                                    00000    FL                             20070201                 20370101   ARMS                    No                                              360                    360                          357                     123,000.00                     123,000.00   First Lien                                      0           153,900.00                    30,900.00                 153900              157000                    79.93              100.00   No MI                     NO MI                        0                                   6.5000            0.3750       0.0325    0.0000               0.4075
      0000000000   LONG BEACH                                           90813    CA                             20070201                 20220401   FIXED                   Yes                                             180                    360                          177                      86,000.00                      85,923.35   Second Lien                                344000           430,000.00                         0.00                      -          430,000.00                   100.00              100.00   No MI                     NO MI                        0                                   11.875             0.500       0.0325     0.000               0.5325
      1103639597   ABERDEEN                                             21001    MD                             20070101                 20220101   FIXED                   Yes                                             180                    360                          176                      25,500.00                      25,467.82   Second Lien                                191900           217,400.00                         0.00                      -          255,900.00                    84.96               84.96   No MI                     NO MI                        0                                   11.625             0.500       0.0325     0.000               0.5325
      1103639598   GAITHERSBURG                                         20879    MD                             20070101                 20211201   FIXED                   Yes                                             180                    360                          176                      59,750.00                      59,660.95   Second Lien                                202500           262,250.00                         0.00                      -          275,000.00                    95.37               95.37   No MI                     NO MI                        0                                   12.990             0.500       0.0325     0.000               0.5325
      1103639786   SMITHFIELD                                           23430    VA                             20070101                 20211201   FIXED                   Yes                                             180                    360                          176                     123,750.00                     123,617.70   Second Lien                                371250           495,000.00                         0.00                      -          495,000.00                   100.00              100.00   No MI                     NO MI                        0                                   12.375             0.500       0.0325     0.000               0.5325
      1103639789   WALDORF                                              20601    MD                             20061201                 20211201   FIXED                   Yes                                             180                    360                          175                      52,000.00                      51,939.10   Second Lien                                208000           260,000.00                         0.00                 260000              300000                   100.00              100.00   No MI                     NO MI                        0                                  12.9900            0.5000       0.0325    0.0000               0.5325
      1103639790   DUMFRIES                                             22026    VA                             20061201                 20211101   FIXED                   Yes                                             180                    360                          175                      63,800.00                      63,725.29   Second Lien                                255200           319,000.00                         0.00                 319000              340000                   100.00              100.00   No MI                     NO MI                        0                                  12.9900            0.5000       0.0325    0.0000               0.5325
      1103639791   ALEXANDRIA                                           22310    VA                             20061201                 20211101   FIXED                   Yes                                             180                    360                          175                      88,000.00                      87,896.94   Second Lien                                352000           440,000.00                         0.00                 440000              469000                   100.00              100.00   No MI                     NO MI                        0                                  12.9900            0.5000       0.0325    0.0000               0.5325
      1103639792   SUFFOLK                                              23435    VA                             20061201                 20211101   FIXED                   Yes                                             180                    360                          175                      44,000.00                      43,923.91   Second Lien                                176000           220,000.00                         0.00                 220000              220000                   100.00              100.00   No MI                     NO MI                        0                                  12.9900            0.5000       0.0325    0.0000               0.5325
      1103639793   BALTIMORE                                            21237    MD                             20061201                 20211101   FIXED                   Yes                                             180                    360                          175                      33,700.00                      33,650.09   Second Lien                                169500           203,200.00                         0.00                      -          226,000.00                    89.92               89.92   No MI                     NO MI                        0                                   12.000             0.500       0.0325     0.000               0.5325
      1103639848   XXXXXXXX XXXXXX                                      00000    MN                             20070101                 20361201   ARMS                    No                                              360                    360                          356                     124,124.00                     124,116.84   First Lien                                      0           168,454.00                    44,330.00                 177320              230000                    70.00               95.00   No MI                     NO MI                        0                                   6.0000            0.3750       0.0325    0.0000               0.4075
      1103639907   TAKOMA PARK                                          20912    MD                             20070201                 20220401   FIXED                   Yes                                             180                    360                          177                      80,000.00                      79,933.26   Second Lien                                224000           304,000.00                         0.00                 320000              320000                    95.00               95.00   No MI                     NO MI                        0                                  12.1750            0.5000       0.0325    0.0000               0.5325
      1103640641   DALLAS                                               75201    TX                             20070118                 20220101   FIXED                   Yes                                             180                    360                          176                     115,000.00                     114,820.25   Second Lien                                322000           437,000.00                         0.00                 460000              460000                    95.00               95.00   No MI                     NO MI                        0                                  12.9000            0.5000       0.0325    0.0000               0.5325
      1103640736   LODI                                                 95242    CA                             20070201                 20211201   FIXED                   Yes                                             180                    360                          177                     108,750.00                     108,652.53   Second Lien                                304500           413,250.00                         0.00                      -          435,000.00                    95.00               95.00   No MI                     NO MI                        0                                   11.850             0.500       0.0325     0.000               0.5325
      1103640941   COLORADO SPRINGS                                     80918    CO                             20070201                 20220101   FIXED                   Yes                                             180                    360                          177                      65,000.00                      64,966.08   Second Lien                                182000           247,000.00                         0.00                 260000              264000                    95.00               95.00   No MI                     NO MI                        0                                  14.2500            0.5000       0.0325    0.0000               0.5325
      1103641203   XXXXX XXXXX                                          92886    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     520,000.00                     519,518.38   First Lien                                      0           520,000.00                         0.00                      -        1,125,000.00                    46.23               46.23   No MI                     NO MI                        0                                    6.375             0.250       0.0325     0.000               0.2825
      1103641208   ALISO VIEJO                                          92656    CA                             20070201                 20220401   FIXED                   Yes                                             180                    360                          177                      88,000.00                      87,894.17   Second Lien                                352000           440,000.00                         0.00                      -          440,000.00                   100.00              100.00   No MI                     NO MI                        0                                   10.500             0.500       0.0325     0.000               0.5325
      1103641222   CHULA VISTA                                          91911    CA                             20070201                 20220101   FIXED                   Yes                                             180                    360                          177                     155,000.00                     154,849.13   Second Lien                                434000           589,000.00                         0.00                      -          620,000.00                    95.00               95.00   No MI                     NO MI                        0                                   11.475             0.500       0.0325     0.000               0.5325
      1103641481   PERRIS                                               92571    CA                             20070201                 20370101   FIXED                   No                                              360                    360                          357                      64,000.00                      63,938.04   Second Lien                                256000           320,000.00                         0.00                 320000              365000                   100.00              100.00   No MI                     NO MI                        0                                  11.5000            0.5000       0.0325    0.0000               0.5325
      1103641496   SAN XXXXX                                            90731    CA                             20070201                 20220401   FIXED                   Yes                                             180                    360                          177                     110,000.00                     109,912.28   Second Lien                                650000           760,000.00                         0.00                      -          980,000.00                    77.56               77.56   No MI                     NO MI                        0                                   12.375             0.500       0.0325     0.000               0.5325
      1103641545   OROVILLE                                             95966    CA                             20070201                 20220101   FIXED                   Yes                                             180                    360                          177                      44,000.00                      43,961.62   Second Lien                                154000           198,000.00                         0.00                      -          220,000.00                    90.00               90.00   No MI                     NO MI                        0                                   11.975             0.500       0.0325     0.000               0.5325
      1103641549   LAS VEGAS                                            89148    NV                             20070201                 20370101   FIXED                   No                                              360                    360                          357                      45,750.00                      45,750.00   Second Lien                                244000           289,750.00                         0.00                 305000              305000                    95.00               95.00   No MI                     NO MI                        0                                  12.9250            0.5000       0.0325    0.0000               0.5325
      1103641582   SAN XXXX                                             95136    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     549,000.00                     549,000.00   First Lien                                      0           624,100.00                    75,100.00                      -          732,000.00                    75.00               85.26   No MI                     NO MI                        0                                    6.375             0.375       0.0325     0.000               0.4075
      1103641703   KISSIMMEE                                            34741    FL                             20070301                 20220401   FIXED                   Yes                                             180                    360                          178                      42,000.00                      41,975.91   Second Lien                                157500           199,500.00                         0.00                 210000              230000                    95.00               95.00   No MI                     NO MI                        0                                  12.1250            0.5000       0.0325    0.0000               0.5325
      1103642086   CHINO HILLS                                          91709    CA                             20070201                 20220201   FIXED                   Yes                                             180                    360                          177                     182,500.00                     182,369.83   Second Lien                                511000           693,500.00                         0.00                      -          730,000.00                    95.00               95.00   No MI                     NO MI                        0                                   12.875             0.500       0.0325     0.000               0.5325
      1103642187   XXXX XXXXXXXXX                                       00000    FL                             20070201                 20220101   FIXED                   Yes                                             180                    360                          177                      38,750.00                      38,716.94   Second Lien                                108500           147,250.00                         0.00                      -          155,000.00                    95.00               95.00   No MI                     NO MI                        0                                   12.075             0.500       0.0325     0.000               0.5325
      1103642251   XXXXXX VALLEY                                        92551    CA                             20070201                 20220101   FIXED                   Yes                                             180                    360                          177                      70,000.00                      69,999.71   Second Lien                                262500           332,500.00                         0.00                      -          350,000.00                    95.00               95.00   No MI                     NO MI                        0                                   11.875             0.500       0.0325     0.000               0.5325
      1103642335   LA QUINTA                                            92253    CA                             20070201                 20370101   ARMS                    No                                              360                    360                          357                     412,000.00                     412,000.00   First Lien                                      0           412,000.00                         0.00                 515000              550000                    80.00               80.00   No MI                     NO MI                        0                                   5.8750            0.3750       0.0325    0.0000               0.4075
      1103642362   VIENNA                                               22180    VA                             20070201                 20220401   FIXED                   Yes                                             180                    360                          177                     107,000.00                     106,915.58   Second Lien                                401250           508,250.00                         0.00                 535000              545000                    95.00               95.00   No MI                     NO MI                        0                                  12.4250            0.5000       0.0325    0.0000               0.5325
      0000000000   RANDALLSTOWN                                         21133    MD                             20070201                 20220101   ARMS                    Yes                                             360                    480                          357                     125,500.00                     125,339.86   First Lien                                      0           125,500.00                         0.00                 244500              246000                    51.33               51.33   No MI                     NO MI                        0                                   6.6250            0.3750       0.0325    0.0000               0.4075
      1103643071   XXXXXXXX XXXXX                                       00000    FL                             20070201                 20220401   FIXED                   Yes                                             180                    360                          177                      54,000.00                      53,958.11   Second Lien                                189000           243,000.00                         0.00                      -          270,000.00                    90.00               90.00   No MI                     NO MI                        0                                   12.500             0.500       0.0325     0.000               0.5325
      1103643089   ST XXXX                                              55449    MN                             20070201                 20220101   FIXED                   Yes                                             180                    360                          177                      37,337.00                      37,309.90   Second Lien                                104545           141,882.00                         0.00                 149350              170000                    95.00               95.00   No MI                     NO MI                        0                                  12.8000            0.5000       0.0325    0.0000               0.5325
      1103643097   RIVERSIDE                                            92504    CA                             20070301                 20370201   ARMS                    No                                              360                    360                          358                     269,500.00                     269,500.00   First Lien                                      0           346,500.00                    77,000.00                      -          385,000.00                    70.00               90.00   No MI                     NO MI                        0                                    6.125             0.375       0.0325     0.000               0.4075
      1103643276   DAVENPORT                                            33837    FL                             20070201                 20370101   FIXED                   No                                              360                    360                          357                     245,000.00                     242,843.96   First Lien                                      0           245,000.00                         0.00                      -          350,000.00                    70.00               70.00   No MI                     NO MI                        0                                    7.125             0.250       0.0325     0.000               0.2825
      1103643299   LOMITA                                               90717    CA                             20070301                 20220401   FIXED                   Yes                                             180                    360                          178                      99,000.00                      98,943.06   Second Lien                                371250           470,250.00                         0.00                 495000              495000                    95.00               95.00   No MI                     NO MI                        0                                  12.0000            0.5000       0.0325    0.0000               0.5325
      1103643731   XXXXXX CHAPEL                                        33543    FL                             20070301                 20370201   ARMS                    No                                              360                    360                          358                     330,000.00                     330,000.00   First Lien                                      0           330,000.00                         0.00                 530000              550000                    62.27               62.27   No MI                     NO MI                        0                                   5.6250            0.3750       0.0325    0.0000               0.4075
      0000000000   LOS ANGELES (PANORAMA CIT                            91402    CA                             20070301                 20370201   ARMS                    No                                              360                    360                          358                     335,000.00                     335,000.00   First Lien                                      0           335,000.00                         0.00                      -          550,000.00                    60.91               60.91   No MI                     NO MI                        0                                    5.875             0.375       0.0325     0.000               0.4075
      1103644291   BAKERSFIELD                                          93313    CA                             20070201                 20220401   FIXED                   Yes                                             180                    360                          177                      49,900.00                      49,854.27   Second Lien                                199600           249,500.00                         0.00                 249555              250000                    99.98               99.98   No MI                     NO MI                        0                                  11.7500            0.5000       0.0325    0.0000               0.5325
      1103644308   CHULA VISTA                                          91913    CA                             20070201                 20220101   FIXED                   Yes                                             180                    360                          177                      78,750.00                      78,697.23   Second Lien                                220500           299,250.00                         0.00                 315000              315000                    95.00               95.00   No MI                     NO MI                        0                                  13.1500            0.5000       0.0325    0.0000               0.5325
      1103644382   RIO VISTA                                            94571    CA                             20070301                 20370201   FIXED                   No                                              360                    360                          358                     280,000.00                     279,371.09   First Lien                                      0           365,000.00                    85,000.00                      -          425,000.00                    65.89               85.89   No MI                     NO MI                        0                                    5.375             0.250       0.0325     0.000               0.2825
      1103644392   ARCADIA                                              91007    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     432,000.00                     431,580.12   First Lien                                      0           452,200.00                    20,200.00                      -          540,000.00                    80.00               83.75   No MI                     NO MI                        0                                    6.125             0.250       0.0325     0.000               0.2825
      1103644400   BAKERSFIELD                                          93304    CA                             20070301                 20220401   FIXED                   Yes                                             180                    360                          178                      46,250.00                      46,231.43   Second Lien                                129500           175,750.00                         0.00                 185000              193000                    95.00               95.00   No MI                     NO MI                        0                                  13.6000            0.5000       0.0325    0.0000               0.5325
      1103644465   XXXXX                                                00000    HI                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     560,000.00                     560,000.00   First Lien                                      0           560,000.00                         0.00                      -          750,000.00                    74.67               74.67   No MI                     NO MI                        0                                    7.125             0.375       0.0325     0.000               0.4075
      1103644519   EARLIMART                                            93219    CA                             20070301                 20220401   FIXED                   Yes                                             180                    360                          178                      20,000.00                      20,000.00   Second Lien                                 83550           103,550.00                         0.00                 109000              122000                    95.00               95.00   No MI                     NO MI                        0                                  12.5000            0.5000       0.0325    0.0000               0.5325
      1103644634   FONTANA                                              92335    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     232,000.00                     231,751.98   First Lien                                      0           232,000.00                         0.00                      -          380,000.00                    61.06               61.06   No MI                     NO MI                        0                                    5.625             0.250       0.0325     0.000               0.2825
      0000000000   SILVER SPRING                                        20904    MD                             20070401                 20220401   FIXED                   Yes                                             180                    360                          179                     108,000.00                     107,976.66   Second Lien                                405000           513,000.00                         0.00                      -          540,000.00                    95.00               95.00   No MI                     NO MI                        0                                   13.250             0.500       0.0325     0.000               0.5325
      1103644816   SAN DIEGO                                            92127    CA                             20070201                 20220301   FIXED                   Yes                                             180                    360                          177                      57,750.00                      57,702.63   Second Lien                                308000           365,750.00                         0.00                 385000              400500                    95.00               95.00   No MI                     NO MI                        0                                  12.2500            0.5000       0.0325    0.0000               0.5325
      0000000000   POUGHKEEPSIE                                         12601    NY                             20070301                 20220101   FIXED                   Yes                                             180                    360                          178                      64,375.00                      64,343.50   Second Lien                                180250           244,625.00                         0.00                 257500              260000                    95.00               95.00   No MI                     NO MI                        0                                  12.7250            0.5000       0.0325    0.0000               0.5325
      1103644852   ANTELOPE                                             95843    CA                             20070301                 20220201   FIXED                   Yes                                             180                    360                          178                      72,250.00                      72,209.57   Second Lien                                202300           274,550.00                         0.00                      -          289,000.00                    95.00               95.00   No MI                     NO MI                        0                                   12.125             0.500       0.0325     0.000               0.5325
      1103644855   CHESAPEAKE                                           23321    VA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     480,000.00                     480,000.00   First Lien                                      0           600,000.00                   120,000.00                 600000              610000                    80.00              100.00   No MI                     NO MI                        0                                   6.7500            0.2500       0.0325    0.0000               0.2825
      1103644918   XXXX XXXX                                            00000    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     469,000.00                     469,000.00   First Lien                                      0           669,000.00                   200,000.00                 670000              670000                    70.00               99.86   No MI                     NO MI                        0                                   6.3750            0.3750       0.0325    0.0000               0.4075
      1103644939   MIAMI                                                33127    FL                             20070301                 20220401   FIXED                   Yes                                             180                    360                          178                      64,000.00                      63,952.89   Second Lien                                256000           320,000.00                         0.00                 320000              323000                   100.00              100.00   No MI                     NO MI                        0                                  10.8750            0.5000       0.0325    0.0000               0.5325
      1103645004   XXXX GARDENS                                         90201    CA                             20070301                 20220201   FIXED                   Yes                                             180                    360                          178                     112,350.00                     112,256.38   Second Lien                                599200           711,550.00                         0.00                 749000              749000                    95.00               95.00   No MI                     NO MI                        0                                  10.3000            0.5000       0.0325    0.0000               0.5325
      1103645207   PENSACOLA                                            32507    FL                             20070301                 20220201   FIXED                   Yes                                             180                    360                          178                     135,800.00                     135,728.15   Second Lien                                475500           611,300.00                         0.00                 679319              699000                    89.99               89.99   No MI                     NO MI                        0                                  12.3750            0.5000       0.0325    0.0000               0.5325
      1103645261   HOUSTON                                              77057    TX                             20070301                 20220201   FIXED                   No                                              180                    180                          178                      60,000.00                      59,778.94   Second Lien                                320000           380,000.00                         0.00                 400000              635000                    95.00               95.00   No MI                     NO MI                        0                                  12.9250            0.5000       0.0325    0.0000               0.5325
      1103645266   ENCINITAS                                            92024    CA                             20070201                 20220201   FIXED                   Yes                                             180                    360                          177                     115,000.00                     114,941.68   Second Lien                                431250           546,250.00                         0.00                 575000              600000                    95.00               95.00   No MI                     NO MI                        0                                  14.3750            0.5000       0.0325    0.0000               0.5325
      1103645334   XXXXXXX XXXXXXXX                                     00000    MI                             20070201                 20220101   FIXED                   Yes                                             180                    360                          177                      18,800.00                      18,789.00   Second Lien                                 75200            94,000.00                         0.00                  94000               98000                   100.00              100.00   No MI                     NO MI                        0                                  13.7500            0.5000       0.0325    0.0000               0.5325
      1103645336   MONTCLAIR                                            07042    NJ                             20070201                 20220101   FIXED                   No                                              180                    180                          177                      44,000.00                      43,971.76   Second Lien                                396000           440,000.00                         0.00                 495000              500000                    88.89               88.89   No MI                     NO MI                        0                                  13.3750            0.5000       0.0325    0.0000               0.5325
      1103645372   RICHMOND                                             23231    VA                             20070201                 20220101   FIXED                   Yes                                             180                    360                          177                      26,250.00                      26,230.74   Second Lien                                131250           157,500.00                         0.00                 175000              178000                    90.00               90.00   No MI                     NO MI                        0                                  12.7500            0.5000       0.0325    0.0000               0.5325
      0000000000   NAPLES                                               34113    FL                             20070201                 20220101   FIXED                   Yes                                             180                    360                          177                      52,500.00                      52,463.52   Second Lien                                157500           210,000.00                         0.00                 210000              210000                   100.00              100.00   No MI                     NO MI                        0                                  12.9900            0.5000       0.0325    0.0000               0.5325
      1103645375   VIRGINIA BEACH                                       23464    VA                             20070201                 20220101   FIXED                   Yes                                             180                    360                          177                      44,250.00                      44,208.28   Second Lien                                236000           280,250.00                         0.00                      -          295,000.00                    95.00               95.00   No MI                     NO MI                        0                                   12.990             0.500       0.0325     0.000               0.5325
      1103645525   RIVERSIDE                                            92504    CA                             20070201                 20370101   ARMS                    No                                              360                    360                          357                     352,000.00                     352,000.00   First Lien                                      0           396,000.00                    44,000.00                      -          440,000.00                    80.00               90.00   No MI                     NO MI                        0                                    7.125             0.375       0.0325     0.000               0.4075
      1103645552   MIAMI                                                33161    FL                             20070201                 20220401   FIXED                   Yes                                             180                    360                          177                      81,000.00                      80,938.91   Second Lien                                432000           513,000.00                         0.00                 540000              540000                    95.00               95.00   No MI                     NO MI                        0                                  12.6250            0.5000       0.0325    0.0000               0.5325
      0000000000   LANCASTER                                            93536    CA                             20070301                 20220101   FIXED                   Yes                                             180                    360                          178                      92,000.00                      91,589.07   Second Lien                                345000           437,000.00                         0.00                      -          460,000.00                    95.00               95.00   No MI                     NO MI                        0                                   10.375             0.500       0.0325     0.000               0.5325
      1103645647   XXXXXXX                                              00000    XX                             20070301                 20220201   FIXED                   Yes                                             180                    360                          178                     106,000.00                     105,946.96   Second Lien                                371000           477,000.00                         0.00                 530000              534000                    90.00               90.00   No MI                     NO MI                        0                                  12.6250            0.5000       0.0325    0.0000               0.5325
      1103645678   ANTIOCH                                              94531    CA                             20070301                 20220201   FIXED                   Yes                                             180                    360                          178                      47,300.00                      47,275.67   Second Lien                                236200           283,500.00                         0.00                      -          315,000.00                    90.00               90.00   No MI                     NO MI                        0                                   12.500             0.500       0.0325     0.000               0.5325
      1103645687   POMONA                                               91767    CA                             20070301                 20370201   ARMS                    No                                              360                    360                          358                     463,900.00                     463,900.00   First Lien                                      0           579,850.00                   115,950.00                 579900              590000                    80.00              100.00   No MI                     NO MI                        0                                   7.8750            0.3750       0.0325    0.0000               0.4075
      1103645821   BENICIA                                              94510    CA                             20070301                 20220401   FIXED                   Yes                                             180                    360                          178                     154,000.00                     153,901.09   Second Lien                                616000           770,000.00                         0.00                      -          770,000.00                   100.00              100.00   No MI                     NO MI                        0                                   11.500             0.500       0.0325     0.000               0.5325
      1103645844   BAKERSFIELD                                          93313    CA                             20070201                 20220201   FIXED                   Yes                                             180                    360                          177                      26,300.00                      26,278.42   Second Lien                                210650           236,950.00                         0.00                 263320              264000                    89.99               89.99   No MI                     NO MI                        0                                  12.2500            0.5000       0.0325    0.0000               0.5325
      1103645898   SPARKS                                               89431    NV                             20070201                 20220101   FIXED                   Yes                                             180                    360                          177                      23,000.00                      22,987.28   Second Lien                                184000           207,000.00                         0.00                      -          230,000.00                    90.00               90.00   No MI                     NO MI                        0                                   14.000             0.500       0.0325     0.000               0.5325
      1103645975   CONCORD                                              94521    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     430,000.00                     430,000.00   First Lien                                      0           430,000.00                         0.00                      -          820,000.00                    52.44               52.44   No MI                     NO MI                        0                                    5.250             0.250       0.0325     0.000               0.2825
      1103646020   SAN XXXXXX                                           93451    CA                             20070201                 20220401   FIXED                   Yes                                             180                    360                          177                      78,000.00                      77,939.49   Second Lien                                546000           624,000.00                         0.00                      -          780,000.00                    80.00               80.00   No MI                     NO MI                        0                                   12.500             0.500       0.0325     0.000               0.5325
      1103646029   POMONA                                               91767    CA                             20070301                 20370201   ARMS                    No                                              360                    360                          358                     241,200.00                     241,200.00   First Lien                                      0           241,200.00                         0.00                      -          480,000.00                    50.25               50.25   No MI                     NO MI                        0                                    5.375             0.375       0.0325     0.000               0.4075
      1103646126   MANASSAS                                             20111    VA                             20070201                 20220401   FIXED                   Yes                                             180                    360                          177                     112,500.00                     112,421.79   Second Lien                                337500           450,000.00                         0.00                      -          470,000.00                    95.75               95.75   No MI                     NO MI                        0                                   12.990             0.500       0.0325     0.000               0.5325
      1103646143   TULSA                                                74135    OK                             20070301                 20220101   FIXED                   Yes                                             180                    360                          178                      29,700.00                      29,683.70   Second Lien                                111375           141,075.00                         0.00                      -          148,500.00                    95.00               95.00   No MI                     NO MI                        0                                   12.425             0.500       0.0325     0.000               0.5325
      1103646254   KAILUA KONA                                          96740    HI                             20070301                 20220201   FIXED                   Yes                                             180                    360                          178                      53,200.00                      53,172.63   Second Lien                                199500           252,700.00                         0.00                 266000              266000                    95.00               95.00   No MI                     NO MI                        0                                  12.5000            0.5000       0.0325    0.0000               0.5325
      1103646277   LOS ANGELES                                          90037    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     432,000.00                     432,000.00   First Lien                                      0           540,000.00                   108,000.00                 540000              595000                    80.00              100.00   No MI                     NO MI                        0                                   8.3750            0.3750       0.0325    0.0000               0.4075
      1103646283   GULF SHORES                                          36542    AL                             20070201                 20220401   FIXED                   Yes                                             180                    360                          177                     197,500.00                     197,500.00   Second Lien                                553000           750,500.00                         0.00                 790000              815000                    95.00               95.00   No MI                     NO MI                        0                                  13.5000            0.5000       0.0325    0.0000               0.5325
      1103646302   WATSONVILLE                                          95076    CA                             20070301                 20370201   FIXED                   No                                              360                    360                          358                     626,000.00                     624,837.31   First Lien                                      0           626,000.00                         0.00                      -        2,300,000.00                    27.22               27.22   No MI                     NO MI                        0                                    6.375             0.250       0.0325     0.000               0.2825
      1103646348   BAKERSFIELD                                          93313    CA                             20070201                 20220401   FIXED                   Yes                                             180                    360                          177                      26,050.00                      26,028.63   Second Lien                                208750           234,800.00                         0.00                 260995              261000                    89.97               89.97   No MI                     NO MI                        0                                  12.2500            0.5000       0.0325    0.0000               0.5325
      0000000000   QUINCY                                               95971    CA                             20070301                 20220101   FIXED                   Yes                                             180                    360                          178                      34,000.00                      33,976.93   Second Lien                                136000           170,000.00                         0.00                 170000              175000                   100.00              100.00   No MI                     NO MI                        0                                  11.2500            0.5000       0.0325    0.0000               0.5325
      1103646487   CORONA                                               92880    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     560,000.00                     560,000.00   First Lien                                      0           560,000.00                         0.00                      -          700,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.875             0.375       0.0325     0.000               0.4075
      1103646493   RICHMOND                                             23222    VA                             20070501                 20370401   ARMS                    Yes                                             360                    480                          360                     161,100.00                     161,100.00   First Lien                                      0           161,100.00                         0.00                 179000              180000                    90.00               90.00   PMI                       LPMI                        25                                  11.7500            0.3750       0.0325    1.4600               1.8675
      0000000000   PANAMA CITY                                          32413    FL                             20060501                 20220401   FIXED                   Yes                                             180                    360                          168                      51,900.00                      50,880.27   Second Lien                                415200           467,100.00                         0.00                 519000              790000                    90.00               90.00   No MI                     NO MI                        0                                  13.8750            0.5000       0.0325    0.0000               0.5325
      1103646623   HOMESTEAD                                            33035    FL                             20070301                 20210401   FIXED                   Yes                                             180                    360                          178                      22,000.00                      21,991.47   Second Lien                                175950           197,950.00                         0.00                 219990              220000                    89.99               89.99   No MI                     NO MI                        0                                  13.7500            0.5000       0.0325    0.0000               0.5325
      1103646782   TUSTIN                                               92782    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     824,800.00                     824,800.00   First Lien                                      0           927,900.00                   103,100.00                      -        1,031,000.00                    80.00               90.00   No MI                     NO MI                        0                                    5.750             0.375       0.0325     0.000               0.4075
      1103646816   FRESNO                                               93701    CA                             20070301                 20220401   FIXED                   Yes                                             180                    360                          178                      49,500.00                      49,477.88   Second Lien                                138600           188,100.00                         0.00                      -          198,000.00                    95.00               95.00   No MI                     NO MI                        0                                   13.125             0.500       0.0325     0.000               0.5325
      1103646838   XXXXXXXXXXXX                                         00000    XX                             20070301                 20370201   ARMS                    No                                              360                    360                          358                      72,460.00                      72,376.30   First Lien                                      0           103,514.00                    31,054.00                 103515              104000                    70.00              100.00   No MI                     NO MI                        0                                   8.7500            0.3750       0.0325    0.0000               0.4075
      0000000000   LEESBURG                                             20176    VA                             20070301                 20220401   FIXED                   Yes                                             180                    360                          178                     112,950.00                     112,904.93   Second Lien                                423650           536,600.00                         0.00                 564900              595000                    95.00               95.00   No MI                     NO MI                        0                                  13.6250            0.5000       0.0325    0.0000               0.5325
      1103647092   CHINO                                                91710    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     454,500.00                     454,500.00   First Lien                                      0           454,500.00                         0.00                      -          505,000.00                    90.00               90.00   PMI                       LPMI                        25                                    7.950             0.375       0.0325     0.950               1.3575
      0000000000   LOS BANOS                                            93635    CA                             20070301                 20220401   FIXED                   Yes                                             180                    360                          178                      68,000.00                      67,964.42   Second Lien                                238000           306,000.00                         0.00                      -          340,000.00                    90.00               90.00   No MI                     NO MI                        0                                   12.425             0.500       0.0325     0.000               0.5325
      1103647132   MIAMI                                                33196    FL                             20070301                 20220201   FIXED                   Yes                                             180                    360                          178                      49,975.00                      49,951.35   Second Lien                                139930           189,905.00                         0.00                 199900              203000                    95.00               95.00   No MI                     NO MI                        0                                  12.8750            0.5000       0.0325    0.0000               0.5325
      1103647189   ORANGE                                               92865    CA                             20070301                 20370201   ARMS                    No                                              360                    360                          358                     560,000.00                     560,000.00   First Lien                                      0           700,000.00                   140,000.00                      -          700,000.00                    80.00              100.00   No MI                     NO MI                        0                                    7.375             0.375       0.0325     0.000               0.4075
      1103647199   SPRING VALLEY                                        91977    CA                             20070301                 20370201   ARMS                    Yes                                             360                    480                          358                     248,000.00                     247,893.33   First Lien                                      0           310,000.00                    62,000.00                 310000              315000                    80.00              100.00   No MI                     NO MI                        0                                   8.9900            0.3750       0.0325    0.0000               0.4075
      1103647350   XXXXXXX XXXXX                                        00000    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                   1,000,000.00                   1,000,000.00   First Lien                                      0         1,341,000.00                   341,000.00                1490000             1490000                    67.12               90.00   No MI                     NO MI                        0                                   8.0000            0.3750       0.0325    0.0000               0.4075
      1103647408   ANAHEIM HILLS                                        92807    CA                             20070301                 20220401   FIXED                   Yes                                             180                    360                          178                     124,000.00                     123,901.01   Second Lien                                496000           620,000.00                         0.00                 620000              625000                   100.00              100.00   No MI                     NO MI                        0                                  10.5000            0.5000       0.0325    0.0000               0.5325
      1103647440   ANAHEIM                                              92805    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     345,000.00                     345,000.00   First Lien                                      0           345,000.00                         0.00                      -          455,000.00                    75.83               75.83   No MI                     NO MI                        0                                    6.000             0.375       0.0325     0.000               0.4075
      1103647484   XXXX XXXX XXXXX                                      00000    FL                             20070301                 20220401   FIXED                   Yes                                             180                    360                          178                      36,500.00                      36,482.43   Second Lien                                102200           138,700.00                         0.00                 146000              154000                    95.00               95.00   No MI                     NO MI                        0                                  12.8000            0.5000       0.0325    0.0000               0.5325
      1103647491   POMPANO BEACH                                        33062    FL                             20070401                 20220201   FIXED                   Yes                                             180                    360                          179                     341,000.00                     340,919.80   Second Lien                               1000000         1,341,000.00                         0.00                1490000             1490000                    90.00               90.00   No MI                     NO MI                        0                                  12.8750            0.5000       0.0325    0.0000               0.5325
      1103647553   XXXXXXXXX                                            07201    NJ                             20070301                 20220301   FIXED                   Yes                                             180                    360                          178                      29,500.00                      29,483.86   Second Lien                                472000           501,500.00                         0.00                      -          590,000.00                    85.00               85.00   No MI                     NO MI                        0                                   12.225             0.500       0.0325     0.000               0.5325
      1103647673   LAKE ARROWHEAD                                       92352    CA                             20070301                 20220201   ARMS                    Yes                                             360                    480                          358                     467,500.00                     467,339.85   First Lien                                      0           467,500.00                         0.00                      -          550,000.00                    85.00               85.00   PMI                       LPMI                        22                                    9.750             0.375       0.0325     1.400               1.8075
      1103647703   HESPERIA                                             92345    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     272,000.00                     272,000.00   First Lien                                      0           272,000.00                         0.00                      -          380,000.00                    71.58               71.58   No MI                     NO MI                        0                                    6.750             0.250       0.0325     0.000               0.2825
      1103647745   XXXXXX                                               90745    CA                             20070301                 20370401   ARMS                    Yes                                             360                    480                          358                     422,500.00                     422,280.55   First Lien                                      0           422,500.00                         0.00                      -          530,000.00                    79.72               79.72   No MI                     NO MI                        0                                    5.875             0.375       0.0325     0.000               0.4075
      0000000000   LA CANADA FLINTRIDGE                                 91011    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     877,232.00                     877,232.00   First Lien                                      0           927,232.00                    50,000.00                      -        1,350,000.00                    64.99               68.69   No MI                     NO MI                        0                                    5.500             0.375       0.0325     0.000               0.4075
      1103648053   MESA                                                 85202    AZ                             20070301                 20220401   FIXED                   Yes                                             180                    360                          178                      46,000.00                      45,975.65   Second Lien                                161000           207,000.00                         0.00                 230000              235000                    90.00               90.00   No MI                     NO MI                        0                                  12.3750            0.5000       0.0325    0.0000               0.5325
      1103648126   CABAZON AREA                                         92230    CA                             20070301                 20370201   ARMS                    No                                              360                    360                          358                     172,720.00                     172,720.00   First Lien                                      0           215,900.00                    43,180.00                 215900              218000                    80.00              100.00   No MI                     NO MI                        0                                   5.7500            0.3750       0.0325    0.0000               0.4075
      1103648158   RALEIGH                                              27603    NC                             20070301                 20370201   ARMS                    Yes                                             360                    480                          358                     156,000.00                     155,950.22   First Lien                                      0           156,000.00                         0.00                      -          195,000.00                    80.00               80.00   No MI                     NO MI                        0                                    7.625             0.375       0.0325     0.000               0.4075
      1103648203   HOMEWOOD                                             96141    CA                             20070301                 20370201   FIXED                   No                                              360                    360                          358                     616,000.00                     614,679.83   First Lien                                      0           616,000.00                         0.00                 880000              917100                    70.00               70.00   No MI                     NO MI                        0                                   5.6250            0.2500       0.0325    0.0000               0.2825
      1103648241   ANAHEIM                                              92804    CA                             20070301                 20220401   FIXED                   Yes                                             180                    360                          178                      90,000.00                      89,958.62   Second Lien                                450000           540,000.00                         0.00                      -          600,000.00                    90.00               90.00   No MI                     NO MI                        0                                   13.000             0.500       0.0325     0.000               0.5325
      1103648294   CHICO                                                95928    CA                             20070301                 20220201   FIXED                   Yes                                             180                    360                          178                      31,500.00                      31,480.86   Second Lien                                252000           283,500.00                         0.00                 315000              315000                    90.00               90.00   No MI                     NO MI                        0                                  11.7500            0.5000       0.0325    0.0000               0.5325
      1103648355   NEW HOPE                                             55428    MN                             20070301                 20220201   FIXED                   Yes                                             180                    360                          178                      62,750.00                      62,729.17   Second Lien                                175700           238,450.00                         0.00                      -          251,000.00                    95.00               95.00   No MI                     NO MI                        0                                   14.430             0.500       0.0325     0.000               0.5325
      1103648365   SAN FRANCISCO                                        94124    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     504,000.00                     504,000.00   First Lien                                      0           598,500.00                    94,500.00                 630000              740000                    80.00               95.00   No MI                     NO MI                        0                                   7.8750            0.3750       0.0325    0.0000               0.4075
      1103648406   GLENDALE                                             91206    CA                             20070301                 20370201   FIXED                   No                                              360                    360                          358                     591,500.00                     590,290.92   First Lien                                      0           591,500.00                         0.00                 910000              925000                    65.00               65.00   No MI                     NO MI                        0                                   5.8750            0.2500       0.0325    0.0000               0.2825
      1103648432   YUMA                                                 85364    AZ                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     157,500.00                     157,433.95   First Lien                                      0           157,500.00                         0.00                      -          175,000.00                    90.00               90.00   PMI                       LPMI                        25                                   10.250             0.375       0.0325     1.340               1.7475
      1103648450   XXXXXX XXXXX                                         00000    MI                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     644,000.00                     643,311.52   First Lien                                      0           644,000.00                         0.00                      -        1,100,000.00                    58.55               58.55   No MI                     NO MI                        0                                    5.625             0.250       0.0325     0.000               0.2825
      1103648573   HONOLULU                                             96822    HI                             20070301                 20220401   FIXED                   Yes                                             180                    360                          178                     162,300.00                     162,201.36   Second Lien                               1217250         1,379,550.00                         0.00                      -        1,623,000.00                    85.00               85.00   No MI                     NO MI                        0                                   11.750             0.500       0.0325     0.000               0.5325
      1103648735   PARKLAND                                             33076    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     652,000.00                     652,000.00   First Lien                                      0           815,000.00                   163,000.00                 815000              820000                    80.00              100.00   No MI                     NO MI                        0                                   7.9000            0.3750       0.0325    0.0000               0.4075
      1103648746   FONTANA                                              92336    CA                             20070301                 20370201   ARMS                    No                                              360                    360                          358                     389,600.00                     389,600.00   First Lien                                      0           389,600.00                         0.00                      -          487,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.125             0.375       0.0325     0.000               0.4075
      1103648767   BIG BEAR LAKE                                        92315    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     900,000.00                     900,000.00   First Lien                                      0           900,000.00                         0.00                      -        1,500,000.00                    60.00               60.00   No MI                     NO MI                        0                                    5.875             0.250       0.0325     0.000               0.2825
      1103648834   XXXXXXXXXX XXXXX                                     00000    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     525,000.00                     525,000.00   First Lien                                      0           525,000.00                         0.00                 700000              700000                    75.00               75.00   No MI                     NO MI                        0                                   5.7500            0.3750       0.0325    0.0000               0.4075
      0000000000   NASHVILLE                                            37211    TN                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     126,000.00                     126,000.00   First Lien                                      0           159,600.00                    33,600.00                      -          168,000.00                    75.00               95.00   No MI                     NO MI                        0                                    6.750             0.375       0.0325     0.000               0.4075
      0000000000   CHINO                                                91710    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     319,600.00                     319,600.00   First Lien                                      0           399,500.00                    79,900.00                 399500              400000                    80.00              100.00   No MI                     NO MI                        0                                   7.0000            0.3750       0.0325    0.0000               0.4075
      1103649078   LOS ANGELES                                          90020    CA                             20070301                 20370201   ARMS                    No                                              360                    360                          358                     273,600.00                     273,600.00   First Lien                                      0           307,800.00                    34,200.00                 342000              342000                    80.00               90.00   No MI                     NO MI                        0                                   6.1250            0.3750       0.0325    0.0000               0.4075
      1103649142   LAVEEN                                               85339    AZ                             20070301                 20220401   FIXED                   Yes                                             180                    360                          178                     133,750.00                     133,679.23   Second Lien                                374500           508,250.00                         0.00                 535000              535000                    95.00               95.00   No MI                     NO MI                        0                                  12.3750            0.5000       0.0325    0.0000               0.5325
      1103649164   GLENDORA                                             91741    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     576,000.00                     576,000.00   First Lien                                      0           576,000.00                         0.00                      -          750,000.00                    76.80               76.80   No MI                     NO MI                        0                                    5.875             0.250       0.0325     0.000               0.2825
      1103649173   NASHVILLE                                            37209    TN                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     113,000.00                     112,882.02   First Lien                                      0           113,000.00                         0.00                      -          163,000.00                    69.33               69.33   No MI                     NO MI                        0                                    5.750             0.250       0.0325     0.000               0.2825
      1103649192   CLARKSBURG                                           20871    MD                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     644,300.00                     644,300.00   First Lien                                      0           644,300.00                         0.00                      -          820,000.00                    78.58               78.58   No MI                     NO MI                        0                                    5.875             0.375       0.0325     0.000               0.4075
      1103649198   FREMONT                                              94538    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     414,000.00                     413,607.18   First Lien                                      0           414,000.00                         0.00                      -          715,000.00                    57.91               57.91   No MI                     NO MI                        0                                    6.250             0.250       0.0325     0.000               0.2825
      1103649226   XXXXXXXXX                                            89002    NV                             20070301                 20370201   ARMS                    No                                              360                    360                          358                     240,000.00                     239,755.31   First Lien                                      0           270,000.00                    30,000.00                 300000              300000                    80.00               90.00   No MI                     NO MI                        0                                   5.8750            0.3750       0.0325    0.0000               0.4075
      1103649241   LOS GATOS                                            95032    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     606,000.00                     606,000.00   First Lien                                      0           686,000.00                    80,000.00                      -        1,100,000.00                    55.10               62.37   No MI                     NO MI                        0                                    5.750             0.250       0.0325     0.000               0.2825
      0000000000   STOCKTON                                             95210    CA                             20070301                 20220401   FIXED                   Yes                                             180                    360                          178                      37,500.00                      37,479.58   Second Lien                                300000           337,500.00                         0.00                 375000              375000                    90.00               90.00   No MI                     NO MI                        0                                  12.2500            0.5000       0.0325    0.0000               0.5325
      1103649274   LAS VEGAS                                            89119    NV                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     175,550.00                     175,550.00   First Lien                                      0           208,450.00                    32,900.00                 219440              220000                    80.00               95.00   No MI                     NO MI                        0                                   7.2500            0.3750       0.0325    0.0000               0.4075
      1103649275   PHOENIX                                              85035    AZ                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     135,800.00                     135,800.00   First Lien                                      0           135,800.00                         0.00                      -          230,000.00                    59.05               59.05   No MI                     NO MI                        0                                    5.875             0.375       0.0325     0.000               0.4075
      1103649342   XXXX XXXX                                            00000    CA                             20070301                 20370201   ARMS                    No                                              360                    360                          358                     528,000.00                     528,000.00   First Lien                                      0           528,000.00                         0.00                      -          960,000.00                    55.00               55.00   No MI                     NO MI                        0                                    6.500             0.375       0.0325     0.000               0.4075
      1103649373   DESERT HOT SPRINGS                                   92240    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     219,200.00                     219,200.00   First Lien                                      0           274,000.00                    54,800.00                 274000              274000                    80.00              100.00   No MI                     NO MI                        0                                   6.7500            0.3750       0.0325    0.0000               0.4075
      1103649380   MENIFEE                                              92584    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     263,200.00                     263,200.00   First Lien                                      0           338,400.00                    75,200.00                 376000              384000                    70.00               90.00   No MI                     NO MI                        0                                   5.8750            0.3750       0.0325    0.0000               0.4075
      1103649478   CARMEL                                               10512    NY                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     276,000.00                     276,000.00   First Lien                                      0           276,000.00                         0.00                      -          345,000.00                    80.00               80.00   No MI                     NO MI                        0                                    7.375             0.375       0.0325     0.000               0.4075
      1103649499   XXXXX XXXXX                                          00000    CO                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     160,000.00                     160,000.00   First Lien                                      0           186,500.00                    26,500.00                      -          205,000.00                    78.05               90.98   No MI                     NO MI                        0                                    6.000             0.250       0.0325     0.000               0.2825
      1103649521   ELK GROVE                                            95624    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     285,000.00                     285,000.00   First Lien                                      0           361,000.00                    76,000.00                      -          380,000.00                    75.00               95.00   No MI                     NO MI                        0                                    7.500             0.375       0.0325     0.000               0.4075
      1103649550   XXXXX                                                78577    TX                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     211,500.00                     211,500.00   First Lien                                      0           211,500.00                         0.00                 235000              235000                    90.00               90.00   PMI                       LPMI                        25                                   9.8750            0.3750       0.0325    1.0900               1.4975
      1103649552   BAKERSFIELD                                          93313    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     239,500.00                     239,010.44   First Lien                                      0           239,500.00                         0.00                      -          325,000.00                    73.70               73.70   No MI                     NO MI                        0                                    5.875             0.375       0.0325     0.000               0.4075
      1103649572   SAN DIEGO                                            92154    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     416,000.00                     416,000.00   First Lien                                      0           416,000.00                         0.00                      -          520,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.500             0.250       0.0325     0.000               0.2825
      1103649594   HONOLULU                                             96815    HI                             20070401                 20220401   FIXED                   Yes                                             180                    360                          179                      63,000.00                      62,982.47   Second Lien                                504000           567,000.00                         0.00                 630000              645000                    90.00               90.00   No MI                     NO MI                        0                                  12.1250            0.5000       0.0325    0.0000               0.5325
      1103649602   IRVINE                                               92620    CA                             20070401                 20220301   FIXED                   Yes                                             180                    360                          179                     110,000.00                     109,970.88   Second Lien                                412500           522,500.00                         0.00                 550000              550000                    95.00               95.00   No MI                     NO MI                        0                                  12.3500            0.5000       0.0325    0.0000               0.5325
      1103649607   GARDEN GROVE                                         92841    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     345,000.00                     345,000.00   First Lien                                      0           391,000.00                    46,000.00                      -          460,000.00                    75.00               85.00   No MI                     NO MI                        0                                    6.875             0.375       0.0325     0.000               0.4075
      1103649618   BOISE                                                83706    ID                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     154,000.00                     153,823.36   First Lien                                      0           204,000.00                    50,000.00                      -          220,000.00                    70.00               92.73   No MI                     NO MI                        0                                    5.250             0.250       0.0325     0.000               0.2825
      1103649626   XXXXXXXX XXXXXXX XXXX                                00000    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     539,000.00                     538,619.58   First Lien                                      0           539,000.00                         0.00                      -          770,000.00                    70.00               70.00   No MI                     NO MI                        0                                    7.750             0.375       0.0325     0.000               0.4075
      0000000000   POUGHKEEPSIE                                         12603    NY                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     135,000.00                     135,000.00   First Lien                                      0           135,000.00                         0.00                 150000              150000                    90.00               90.00   PMI                       BPMI                        25                                   8.5000            0.3750       0.0325    0.0000               0.4075
      1103649788   RANCHO PALO VERDES                                   90275    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     759,000.00                     758,226.17   First Lien                                      0         1,259,000.00                   500,000.00                      -        2,200,000.00                    34.50               57.23   No MI                     NO MI                        0                                    5.875             0.250       0.0325     0.000               0.2825
      1103649828   TAMPA                                                33618    FL                             20070201                 20370101   ARMS                    No                                              360                    360                          357                     306,000.00                     306,000.00   First Lien                                      0           306,000.00                         0.00                      -          340,000.00                    90.00               90.00   PMI                       LPMI                        25                                    8.275             0.375       0.0325     1.340               1.7475
      1103649838   DOWNEY                                               90240    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     520,000.00                     520,000.00   First Lien                                      0           520,000.00                         0.00                 650000              650000                    80.00               80.00   No MI                     NO MI                        0                                   6.6250            0.3750       0.0325    0.0000               0.4075
      1103649844   PALMDALE                                             93551    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     424,000.00                     424,000.00   First Lien                                      0           530,000.00                   106,000.00                 530000              530000                    80.00              100.00   No MI                     NO MI                        0                                   6.1250            0.3750       0.0325    0.0000               0.4075
      1103649879   CARMEL BY THE SEA                                    93921    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     420,000.00                     419,601.49   First Lien                                      0           420,000.00                         0.00                      -        1,500,000.00                    28.00               28.00   No MI                     NO MI                        0                                    6.250             0.250       0.0325     0.000               0.2825
      1103649882   XXXXXXX                                              90680    CA                             20070301                 20220401   FIXED                   Yes                                             180                    360                          178                     192,500.00                     192,351.22   Second Lien                                577500           770,000.00                         0.00                 770000              775000                   100.00              100.00   No MI                     NO MI                        0                                  10.6500            0.5000       0.0325    0.0000               0.5325
      1103649902   LANCASTER                                            93536    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     384,000.00                     384,000.00   First Lien                                      0           384,000.00                         0.00                      -          480,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.250             0.375       0.0325     0.000               0.4075
      1103649925   HONOLULU                                             96822    HI                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     190,500.00                     190,500.00   First Lien                                      0           190,500.00                         0.00                      -          295,000.00                    64.58               64.58   No MI                     NO MI                        0                                    6.500             0.375       0.0325     0.000               0.4075
      1103649983   MOUND                                                55364    MN                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     749,250.00                     749,250.00   First Lien                                      0           949,050.00                   199,800.00                 999000             1100000                    75.00               95.00   No MI                     NO MI                        0                                   6.8750            0.3750       0.0325    0.0000               0.4075
      1103650057   BAKERSFIELD                                          93311    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     534,000.00                     533,442.47   First Lien                                      0           534,000.00                         0.00                      -          780,000.00                    68.47               68.47   No MI                     NO MI                        0                                    5.750             0.250       0.0325     0.000               0.2825
      1103650090   GRASS VALLEY                                         95949    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     200,000.00                     200,000.00   First Lien                                      0           200,000.00                         0.00                      -          292,000.00                    68.50               68.50   No MI                     NO MI                        0                                    5.750             0.250       0.0325     0.000               0.2825
      1103650126   PHOENIX                                              85040    AZ                             20070401                 20220301   FIXED                   No                                              180                    180                          179                     103,000.00                     102,660.68   First Lien                                      0           103,000.00                         0.00                      -          215,000.00                    47.91               47.91   No MI                     NO MI                        0                                    6.500             0.250       0.0325     0.000               0.2825
      1103650169   LOS ANGELES                                          90037    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     200,000.00                     200,000.00   First Lien                                      0           200,000.00                         0.00                      -          435,000.00                    45.98               45.98   No MI                     NO MI                        0                                    6.250             0.250       0.0325     0.000               0.2825
      1103650190   SAN BERNARDINO                                       92404    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     160,000.00                     160,000.00   First Lien                                      0           160,000.00                         0.00                      -          310,000.00                    51.62               51.62   No MI                     NO MI                        0                                    6.000             0.375       0.0325     0.000               0.4075
      1103650205   MENIFEE                                              92584    CA                             20070201                 20220401   FIXED                   Yes                                             180                    360                          177                      70,000.00                      69,932.25   Second Lien                                280000           350,000.00                         0.00                      -          350,000.00                   100.00              100.00   No MI                     NO MI                        0                                   11.500             0.500       0.0325     0.000               0.5325
      1103650238   SAN DIEGO                                            92117    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     240,000.00                     240,000.00   First Lien                                      0           300,000.00                    60,000.00                 300000              300000                    80.00              100.00   No MI                     NO MI                        0                                   6.3750            0.3750       0.0325    0.0000               0.4075
      0000000000   ORLANDO                                              32839    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     223,100.00                     223,100.00   First Lien                                      0           278,900.00                    55,800.00                 278900              290000                    80.00              100.00   No MI                     NO MI                        0                                   7.5000            0.3750       0.0325    0.0000               0.4075
      1103650336   SANTA XXXXXXX                                        93105    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     600,000.00                     599,358.56   First Lien                                      0           600,000.00                         0.00                      -        1,375,000.00                    43.64               43.64   No MI                     NO MI                        0                                    5.625             0.250       0.0325     0.000               0.2825
      1103650353   SAN XXXX                                             95122    CA                             20070301                 20370201   ARMS                    No                                              360                    360                          358                     448,000.00                     448,000.00   First Lien                                      0           448,000.00                         0.00                      -          640,000.00                    70.00               70.00   No MI                     NO MI                        0                                    6.250             0.375       0.0325     0.000               0.4075
      1103650439   BENICIA                                              94510    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     288,000.00                     288,000.00   First Lien                                      0           360,000.00                    72,000.00                      -          360,000.00                    80.00              100.00   No MI                     NO MI                        0                                    5.999             0.375       0.0325     0.000               0.4075
      1103650475   COSTA MESA                                           92627    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     485,000.00                     484,582.43   First Lien                                      0           485,000.00                         0.00                      -          865,000.00                    56.07               56.07   No MI                     NO MI                        0                                    6.750             0.250       0.0325     0.000               0.2825
      0000000000   LOS ANGELES                                          90043    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     340,000.00                     340,000.00   First Lien                                      0           340,000.00                         0.00                      -          700,000.00                    48.58               48.58   No MI                     NO MI                        0                                    6.250             0.375       0.0325     0.000               0.4075
      1103650588   WHITTIER                                             90601    CA                             20070301                 20370201   FIXED                   No                                              360                    360                          358                     320,000.00                     319,281.25   First Lien                                      0           320,000.00                         0.00                      -          400,000.00                    80.00               80.00   No MI                     NO MI                        0                                    5.375             0.250       0.0325     0.000               0.2825
      1103650621   LOS ANGELES                                          90291    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     941,000.00                     941,000.00   First Lien                                      0           941,000.00                         0.00                      -        1,600,000.00                    58.82               58.82   No MI                     NO MI                        0                                    5.875             0.375       0.0325     0.000               0.4075
      1103650646   KOLOA                                                96756    HI                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     664,000.00                     663,337.72   First Lien                                      0           664,000.00                         0.00                 830000              830000                    80.00               80.00   No MI                     NO MI                        0                                   5.9900            0.3750       0.0325    0.0000               0.4075
      1103650664   PLACENTIA                                            92870    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     303,000.00                     302,726.08   First Lien                                      0           303,000.00                         0.00                      -          450,000.00                    67.34               67.34   No MI                     NO MI                        0                                    6.500             0.250       0.0325     0.000               0.2825
      1103650704   XXXXX XXXXX                                          00000    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     416,000.00                     416,000.00   First Lien                                      0           520,000.00                   104,000.00                 520000              530000                    80.00              100.00   No MI                     NO MI                        0                                   8.8750            0.3750       0.0325    0.0000               0.4075
      0000000000   AZUSA                                                91702    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     380,000.00                     380,000.00   First Lien                                      0           475,000.00                    95,000.00                 475000              485000                    80.00              100.00   No MI                     NO MI                        0                                   6.3750            0.3750       0.0325    0.0000               0.4075
      0000000000   PORTERVILLE                                          93257    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     241,600.00                     241,600.00   First Lien                                      0           302,000.00                    60,400.00                      -          310,000.00                    77.94               97.42   No MI                     NO MI                        0                                    6.125             0.375       0.0325     0.000               0.4075
      1103650880   OCEANSIDE                                            92057    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     454,300.00                     454,300.00   First Lien                                      0           551,650.00                    97,350.00                      -          649,000.00                    70.00               85.00   No MI                     NO MI                        0                                    5.875             0.375       0.0325     0.000               0.4075
      1103650906   AZUSA                                                91702    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     145,000.00                     144,862.42   First Lien                                      0           145,000.00                         0.00                      -          425,000.00                    34.12               34.12   No MI                     NO MI                        0                                    6.250             0.250       0.0325     0.000               0.2825
      1103650985   LAGUNA NIGUEL                                        92677    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     115,000.00                     115,000.00   First Lien                                      0           115,000.00                         0.00                      -          355,000.00                    32.40               32.40   No MI                     NO MI                        0                                    6.750             0.250       0.0325     0.000               0.2825
      1103651112   GARDEN GROVE                                         92840    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     433,500.00                     433,117.53   First Lien                                      0           433,500.00                         0.00                      -          560,000.00                    77.42               77.42   No MI                     NO MI                        0                                    6.625             0.250       0.0325     0.000               0.2825
      1103651126   XXXX XXXX XXXX                                       00000    UT                             20070401                 20220401   FIXED                   Yes                                             180                    360                          179                      26,350.00                      26,343.98   Second Lien                                140700           167,050.00                         0.00                 175875              195500                    94.99               94.99   No MI                     NO MI                        0                                  13.0000            0.5000       0.0325    0.0000               0.5325
      1103651168   SPANAWAY                                             98387    WA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     181,762.00                     181,762.00   First Lien                                      0           230,232.00                    48,470.00                 242350              245000                    75.00               95.00   No MI                     NO MI                        0                                   7.0000            0.3750       0.0325    0.0000               0.4075
      1103651172   BEL AIR                                              21014    MD                             20070301                 20220401   FIXED                   Yes                                             180                    360                          178                      42,000.00                      41,978.97   Second Lien                                147000           189,000.00                         0.00                 210000              320000                    90.00               90.00   No MI                     NO MI                        0                                  12.6250            0.5000       0.0325    0.0000               0.5325
      1103651202   AUBURN                                               95602    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     490,000.00                     490,000.00   First Lien                                      0           490,000.00                         0.00                      -          735,000.00                    66.67               66.67   No MI                     NO MI                        0                                    6.750             0.375       0.0325     0.000               0.4075
      0000000000   XXXX XXXX XXXXX                                      00000    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     178,600.00                     178,600.00   First Lien                                      0           178,600.00                         0.00                 188000              204000                    95.00               95.00   PMI                       BPMI                        30                                   7.9900            0.3750       0.0325    0.0000               0.4075
      1103651250   XXXXXXX ESTATES                                      60192    IL                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     200,000.00                     199,810.24   First Lien                                      0           200,000.00                         0.00                      -          510,000.00                    39.22               39.22   No MI                     NO MI                        0                                    6.250             0.250       0.0325     0.000               0.2825
      1103651275   HELENA                                               35080    AL                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     132,000.00                     131,862.18   First Lien                                      0           132,000.00                         0.00                      -          170,000.00                    77.65               77.65   No MI                     NO MI                        0                                    5.750             0.250       0.0325     0.000               0.2825
      1103651288   COVINA                                               91724    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     404,000.00                     404,000.00   First Lien                                      0           529,000.00                   125,000.00                      -          600,000.00                    67.34               88.17   No MI                     NO MI                        0                                    6.375             0.375       0.0325     0.000               0.4075
      1103651320   XXXXXXX XXXXX                                        00000    CA                             20070501                 20220401   FIXED                   No                                              180                    180                          180                     596,300.00                     594,245.21   First Lien                                      0           796,300.00                   200,000.00                      -        1,800,000.00                    33.13               44.24   No MI                     NO MI                        0                                    5.975             0.250       0.0325     0.000               0.2825
      1103651337   ALEXANDRIA                                           22309    VA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     400,000.00                     400,000.00   First Lien                                      0           400,000.00                         0.00                      -          640,000.00                    62.50               62.50   No MI                     NO MI                        0                                    6.000             0.250       0.0325     0.000               0.2825
      1103651396   REDLANDS                                             92373    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     430,000.00                     430,000.00   First Lien                                      0           430,000.00                         0.00                      -          590,000.00                    72.89               72.89   No MI                     NO MI                        0                                    6.875             0.250       0.0325     0.000               0.2825
      1103651416   HELENA                                               35080    AL                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     279,900.00                     279,578.94   First Lien                                      0           279,900.00                         0.00                 349900              370000                    80.00               80.00   No MI                     NO MI                        0                                   5.2500            0.2500       0.0325    0.0000               0.2825
      1103651419   HOBOKEN                                              07030    NJ                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     477,393.00                     477,393.00   First Lien                                      0           613,791.00                   136,398.00                 681990              685000                    70.00               90.00   No MI                     NO MI                        0                                   5.7500            0.3750       0.0325    0.0000               0.4075
      1103651616   IRVINE                                               92603    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     560,000.00                     560,000.00   First Lien                                      0           660,000.00                   100,000.00                      -          900,000.00                    62.23               73.34   No MI                     NO MI                        0                                    5.500             0.375       0.0325     0.000               0.4075
      1103651644   POMONA                                               91767    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     303,920.00                     303,920.00   First Lien                                      0           379,900.00                    75,980.00                 379900              379900                    80.00              100.00   No MI                     NO MI                        0                                   6.1250            0.3750       0.0325    0.0000               0.4075
      1103651658   EL CENTRO                                            92243    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     115,000.00                     114,885.52   First Lien                                      0           115,000.00                         0.00                      -          215,000.00                    53.49               53.49   No MI                     NO MI                        0                                    6.000             0.250       0.0325     0.000               0.2825
      1103651685   SAN DIEGO                                            92113    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     192,000.00                     192,000.00   First Lien                                      0           192,000.00                         0.00                      -          420,000.00                    45.72               45.72   No MI                     NO MI                        0                                    6.500             0.250       0.0325     0.000               0.2825
      0000000000   BIG BEAR LAKE                                        92315    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     204,000.00                     204,000.00   First Lien                                      0           242,250.00                    38,250.00                 255000              265000                    80.00               95.00   No MI                     NO MI                        0                                   6.2500            0.3750       0.0325    0.0000               0.4075
      1103651721   GAITHERSBURG                                         20879    MD                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     235,200.00                     235,200.00   First Lien                                      0           319,200.00                    84,000.00                 336000              345000                    70.00               95.00   No MI                     NO MI                        0                                   7.3750            0.3750       0.0325    0.0000               0.4075
      0000000000   CAMPBELL                                             95008    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     315,000.00                     314,686.42   First Lien                                      0           315,000.00                         0.00                      -          798,000.00                    39.48               39.48   No MI                     NO MI                        0                                    6.000             0.250       0.0325     0.000               0.2825
      1103651764   PALMDALE                                             93550    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     144,000.00                     144,000.00   First Lien                                      0           144,000.00                         0.00                      -          280,000.00                    51.43               51.43   No MI                     NO MI                        0                                    6.250             0.375       0.0325     0.000               0.4075
      0000000000   DANVILLE                                             94526    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     564,000.00                     563,464.85   First Lien                                      0           564,000.00                         0.00                      -        1,605,000.00                    35.15               35.15   No MI                     NO MI                        0                                    6.250             0.250       0.0325     0.000               0.2825
      1103651837   XXXXXXXX                                             85353    AZ                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     185,000.00                     185,000.00   First Lien                                      0           185,000.00                         0.00                      -          269,000.00                    68.78               68.78   No MI                     NO MI                        0                                    6.250             0.250       0.0325     0.000               0.2825
      1103651838   LAKE FOREST                                          92630    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     322,200.00                     322,200.00   First Lien                                      0           322,200.00                         0.00                      -          430,000.00                    74.94               74.94   No MI                     NO MI                        0                                    6.625             0.250       0.0325     0.000               0.2825
      1103651856   ALTADENA                                             91001    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     450,000.00                     450,000.00   First Lien                                      0           450,000.00                         0.00                      -          600,000.00                    75.00               75.00   No MI                     NO MI                        0                                    6.375             0.375       0.0325     0.000               0.4075
      1103651876   ANAHEIM                                              92802    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     321,000.00                     321,000.00   First Lien                                      0           321,000.00                         0.00                      -          535,000.00                    60.00               60.00   No MI                     NO MI                        0                                    6.000             0.250       0.0325     0.000               0.2825
      1103651973   WAHINGTON                                            07882    NJ                             20070201                 20370101   ARMS                    No                                              360                    360                          357                     204,750.00                     204,750.00   First Lien                                      0           283,500.00                    78,750.00                      -          333,000.00                    61.49               85.14   No MI                     NO MI                        0                                    6.625             0.375       0.0325     0.000               0.4075
      1103652059   LOS ANGELES                                          91331    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     439,200.00                     439,200.00   First Lien                                      0           549,000.00                   109,800.00                 549000              549000                    80.00              100.00   No MI                     NO MI                        0                                   6.5000            0.3750       0.0325    0.0000               0.4075
      1103652088   XXXXXXXXX XXXX                                       00000    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     272,000.00                     272,000.00   First Lien                                      0           272,000.00                         0.00                      -          345,000.00                    78.85               78.85   No MI                     NO MI                        0                                    5.875             0.375       0.0325     0.000               0.4075
      1103652103   XXXXXXX                                              00000    XX                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     418,000.00                     417,563.59   First Lien                                      0           418,000.00                         0.00                      -          800,000.00                    52.25               52.25   No MI                     NO MI                        0                                    5.750             0.250       0.0325     0.000               0.2825
      1103652104   DAVIE                                                33314    FL                             20070301                 20220401   FIXED                   Yes                                             180                    360                          178                      34,400.00                      34,382.79   Second Lien                                137600           172,000.00                         0.00                 172000              174000                   100.00              100.00   No MI                     NO MI                        0                                  12.6250            0.5000       0.0325    0.0000               0.5325
      1103652212   SAN DIMAS                                            91773    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     350,000.00                     349,695.64   First Lien                                      0           350,000.00                         0.00                      -          650,000.00                    53.85               53.85   No MI                     NO MI                        0                                    6.699             0.250       0.0325     0.000               0.2825
      1103652218   PLYMOUTH                                             48170    MI                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     208,000.00                     208,000.00   First Lien                                      0           247,000.00                    39,000.00                 260000              480000                    80.00               95.00   No MI                     NO MI                        0                                   8.6250            0.3750       0.0325    0.0000               0.4075
      1103652262   WEST COVINA                                          91790    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     352,400.00                     352,400.00   First Lien                                      0           352,400.00                         0.00                      -          489,000.00                    72.07               72.07   No MI                     NO MI                        0                                    6.625             0.250       0.0325     0.000               0.2825
      1103652293   LANCASTER                                            93534    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     188,500.00                     188,500.00   First Lien                                      0           188,500.00                         0.00                      -          290,000.00                    65.00               65.00   No MI                     NO MI                        0                                    6.375             0.375       0.0325     0.000               0.4075
      1103652316   XXXXXX                                               90241    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     576,000.00                     576,000.00   First Lien                                      0           720,000.00                   144,000.00                 720000              720000                    80.00              100.00   No MI                     NO MI                        0                                   6.3750            0.3750       0.0325    0.0000               0.4075
      1103652329   SAN DIEGO                                            92111    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     399,000.00                     399,000.00   First Lien                                      0           509,000.00                   110,000.00                      -          570,000.00                    70.00               89.30   No MI                     NO MI                        0                                    6.659             0.375       0.0325     0.000               0.4075
      1103652333   WHITEFISH                                            59937    MT                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     234,400.00                     234,400.00   First Lien                                      0           278,350.00                    43,950.00                      -          293,000.00                    80.00               95.00   No MI                     NO MI                        0                                    6.875             0.375       0.0325     0.000               0.4075
      1103652335   XXXXXXX XXXXXX                                       00000    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     294,750.00                     294,449.49   First Lien                                      0           393,000.00                    98,250.00                 393000              395000                    75.00              100.00   No MI                     NO MI                        0                                   5.8750            0.2500       0.0325    0.0000               0.2825
      1103652343   LANCASTER                                            93535    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     555,200.00                     555,200.00   First Lien                                      0           694,000.00                   138,800.00                 694000              725000                    80.00              100.00   No MI                     NO MI                        0                                   7.1250            0.3750       0.0325    0.0000               0.4075
      1103652351   IRVINE                                               92603    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     404,000.00                     404,000.00   First Lien                                      0           404,000.00                         0.00                      -          660,000.00                    61.22               61.22   No MI                     NO MI                        0                                    6.220             0.375       0.0325     0.000               0.4075
      1103652363   LOS ANGELES                                          91356    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     195,000.00                     195,000.00   First Lien                                      0           195,000.00                         0.00                      -          260,000.00                    75.00               75.00   No MI                     NO MI                        0                                    6.375             0.375       0.0325     0.000               0.4075
      1103652373   GARDENA                                              90249    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     204,000.00                     204,000.00   First Lien                                      0           255,000.00                    51,000.00                 255000              255000                    80.00              100.00   No MI                     NO MI                        0                                   6.8750            0.3750       0.0325    0.0000               0.4075
      1103652452   OVIEDO                                               32765    FL                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     380,000.00                     380,000.00   First Lien                                      0           380,000.00                         0.00                 475000              500000                    80.00               80.00   No MI                     NO MI                        0                                   7.0000            0.2500       0.0325    0.0000               0.2825
      1103652458   WEST XXXXXXXXXX                                      00000    XX                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     820,000.00                     819,143.87   First Lien                                      0           820,000.00                         0.00                      -        1,025,000.00                    80.00               80.00   No MI                     NO MI                        0                                    5.750             0.375       0.0325     0.000               0.4075
      1103652492   NAPERVILLE                                           60565    IL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     274,800.00                     274,800.00   First Lien                                      0           340,800.00                    66,000.00                      -          343,500.00                    80.00               99.22   No MI                     NO MI                        0                                    6.000             0.375       0.0325     0.000               0.4075
      1103652510   PASO XXXXXX                                          93446    CA                             20070401                 20220401   FIXED                   Yes                                             180                    360                          179                      97,000.00                      96,975.18   Second Lien                                339500           436,500.00                         0.00                      -          485,000.00                    90.00               90.00   No MI                     NO MI                        0                                   12.500             0.500       0.0325     0.000               0.5325
      0000000000   WOODMERE                                             11598    NY                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     510,000.00                     510,000.00   First Lien                                      0           510,000.00                         0.00                      -          853,000.00                    59.79               59.79   No MI                     NO MI                        0                                    5.875             0.250       0.0325     0.000               0.2825
      1103652548   DENVER                                               80211    CO                             20070601                 20370501   FIXED                   No                                              360                    360                          360                     330,000.00                     330,000.00   First Lien                                      0           330,000.00                         0.00                      -          480,000.00                    68.75               68.75   No MI                     NO MI                        0                                    7.250             0.250       0.0325     0.000               0.2825
      1103652549   BAKERSFIELD                                          93312    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     320,000.00                     320,000.00   First Lien                                      0           384,670.00                    64,670.00                      -          400,000.00                    80.00               96.17   No MI                     NO MI                        0                                    6.875             0.250       0.0325     0.000               0.2825
      0000000000   YUCCA VALLEY                                         92284    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     134,640.00                     134,518.28   First Lien                                      0           159,885.00                    25,245.00                 168300              183000                    80.00               95.00   No MI                     NO MI                        0                                   6.5000            0.2500       0.0325    0.0000               0.2825
      1103652565   TEMECULA                                             92592    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     256,000.00                     256,000.00   First Lien                                      0           256,000.00                         0.00                 320000              320000                    80.00               80.00   No MI                     NO MI                        0                                   6.7500            0.3750       0.0325    0.0000               0.4075
      1103652605   ORLANDO                                              32817    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     241,600.00                     241,600.00   First Lien                                      0           285,100.00                    43,500.00                      -          302,000.00                    80.00               94.41   No MI                     NO MI                        0                                    5.750             0.375       0.0325     0.000               0.4075
      1103652607   XXXXX PARK                                           80517    CO                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     126,750.00                     126,750.00   First Lien                                      0           126,750.00                         0.00                      -          169,000.00                    75.00               75.00   No MI                     NO MI                        0                                    6.750             0.375       0.0325     0.000               0.4075
      1103652612   PASO XXXXXX                                          93446    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     636,000.00                     636,000.00   First Lien                                      0           636,000.00                         0.00                      -          795,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.625             0.375       0.0325     0.000               0.4075
      1103652631   SAN XXXX                                             95126    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     484,000.00                     484,000.00   First Lien                                      0           605,000.00                   121,000.00                 605000              605000                    80.00              100.00   No MI                     NO MI                        0                                   7.2500            0.3750       0.0325    0.0000               0.4075
      1103652634   TOOELE                                               84074    UT                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     171,200.00                     171,200.00   First Lien                                      0           171,200.00                         0.00                      -          214,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.750             0.250       0.0325     0.000               0.2825
      1103652653   LOS ANGELES                                          90047    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     426,000.00                     425,614.89   First Lien                                      0           426,000.00                         0.00                      -          577,000.00                    73.84               73.84   No MI                     NO MI                        0                                    6.500             0.250       0.0325     0.000               0.2825
      1103652662   ROSEVILLE                                            95747    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     480,000.00                     480,000.00   First Lien                                      0           480,000.00                         0.00                      -          600,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.200             0.250       0.0325     0.000               0.2825
      1103652674   BIG BEAR LAKE                                        92315    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     560,000.00                     559,455.71   First Lien                                      0           560,000.00                         0.00                      -        1,272,000.00                    44.03               44.03   No MI                     NO MI                        0                                    6.125             0.250       0.0325     0.000               0.2825
      1103652697   XXXXX                                                00000    HI                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     219,200.00                     219,200.00   First Lien                                      0           219,200.00                         0.00                      -          295,000.00                    74.31               74.31   No MI                     NO MI                        0                                    6.625             0.375       0.0325     0.000               0.4075
      1103652700   XXXXXXXX XXXXXXX                                     00000    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     400,000.00                     400,000.00   First Lien                                      0           400,000.00                         0.00                      -          535,000.00                    74.77               74.77   No MI                     NO MI                        0                                    6.000             0.375       0.0325     0.000               0.4075
      1103652713   TEHACHAPI                                            93561    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     352,000.00                     352,000.00   First Lien                                      0           352,000.00                         0.00                 455000              455000                    77.37               77.37   No MI                     NO MI                        0                                   5.7500            0.3750       0.0325    0.0000               0.4075
      1103652729   XXXX XXXX XXXX                                       00000    UT                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     191,000.00                     191,000.00   First Lien                                      0           191,000.00                         0.00                      -          320,000.00                    59.69               59.69   No MI                     NO MI                        0                                    6.500             0.250       0.0325     0.000               0.2825
      1103652737   SAN FRANCISCO                                        94122    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     585,000.00                     584,471.15   First Lien                                      0           585,000.00                         0.00                      -          975,000.00                    60.00               60.00   No MI                     NO MI                        0                                    6.500             0.375       0.0325     0.000               0.4075
      1103652754   LOS ANGELES                                          90002    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     487,500.00                     487,500.00   First Lien                                      0           650,000.00                   162,500.00                 650000              650000                    75.00              100.00   No MI                     NO MI                        0                                   8.8750            0.3750       0.0325    0.0000               0.4075
      1103652758   DENVER                                               80229    CO                             20070401                 20370301   ARMS                    No                                              360                    360                          359                      81,000.00                      81,000.00   First Lien                                      0           102,600.00                    21,600.00                 108000              108000                    75.00               95.00   No MI                     NO MI                        0                                   7.3750            0.3750       0.0325    0.0000               0.4075
      1103652771   LOS ANGELES                                          90042    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     505,000.00                     505,000.00   First Lien                                      0           505,000.00                         0.00                      -          700,000.00                    72.15               72.15   No MI                     NO MI                        0                                    6.625             0.375       0.0325     0.000               0.4075
      1103652779   DEL MAR                                              92014    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     525,000.00                     525,000.00   First Lien                                      0           525,000.00                         0.00                      -        1,320,000.00                    39.78               39.78   No MI                     NO MI                        0                                    6.250             0.250       0.0325     0.000               0.2825
      1103652840   CANYON LAKE                                          92587    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     470,400.00                     470,400.00   First Lien                                      0           530,900.00                    60,500.00                      -          915,000.00                    51.41               58.03   No MI                     NO MI                        0                                    6.000             0.250       0.0325     0.000               0.2825
      1103652841   PURCELLVILLE                                         20132    VA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     500,000.00                     500,000.00   First Lien                                      0           556,700.00                    56,700.00                      -          630,000.00                    79.37               88.37   No MI                     NO MI                        0                                    5.625             0.375       0.0325     0.000               0.4075
      1103652847   TUSTIN                                               92780    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     435,000.00                     435,000.00   First Lien                                      0           435,000.00                         0.00                      -          553,000.00                    78.67               78.67   No MI                     NO MI                        0                                    6.375             0.375       0.0325     0.000               0.4075
      0000000000   XXXXXX                                               80138    CO                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     150,120.00                     150,120.00   First Lien                                      0           178,267.00                    28,147.00                 187650              193000                    80.00               95.00   No MI                     NO MI                        0                                   7.3750            0.2500       0.0325    0.0000               0.2825
      1103652876   WATERSOUND                                           32413    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     875,000.00                     875,000.00   First Lien                                      0         1,572,717.00                   697,717.00                      -        1,900,000.00                    46.06               82.78   No MI                     NO MI                        0                                    6.000             0.375       0.0325     0.000               0.4075
      1103652929   DETROIT                                              48224    MI                             20070501                 20370401   ARMS                    No                                              360                    360                          360                      88,000.00                      88,000.00   First Lien                                      0           108,000.00                    20,000.00                 120000              120000                    73.34               90.00   No MI                     NO MI                        0                                   7.5000            0.3750       0.0325    0.0000               0.4075
      1103652986   MADERA                                               93636    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     355,000.00                     355,000.00   First Lien                                      0           355,000.00                         0.00                      -          660,000.00                    53.79               53.79   No MI                     NO MI                        0                                    6.375             0.250       0.0325     0.000               0.2825
      0000000000   OCEANSIDE                                            92057    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     301,000.00                     301,000.00   First Lien                                      0           301,000.00                         0.00                 430000              473000                    70.00               70.00   No MI                     NO MI                        0                                   6.0000            0.3750       0.0325    0.0000               0.4075
      1103653039   DENVER                                               80210    CO                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     350,000.00                     350,000.00   First Lien                                      0           350,000.00                         0.00                 471000              500000                    74.31               74.31   No MI                     NO MI                        0                                   6.3750            0.3750       0.0325    0.0000               0.4075
      0000000000   XXXXX PARK                                           80517    CO                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     736,000.00                     736,000.00   First Lien                                      0           736,000.00                         0.00                 920000              935000                    80.00               80.00   No MI                     NO MI                        0                                   6.3750            0.3750       0.0325    0.0000               0.4075
      1103653060   GLENDALE                                             91214    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     562,000.00                     562,000.00   First Lien                                      0           562,000.00                         0.00                      -          750,000.00                    74.94               74.94   No MI                     NO MI                        0                                    6.250             0.375       0.0325     0.000               0.4075
      1103653068   ORANGE                                               92867    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     630,000.00                     630,000.00   First Lien                                      0           630,000.00                         0.00                      -          900,000.00                    70.00               70.00   No MI                     NO MI                        0                                    5.500             0.375       0.0325     0.000               0.4075
      1103653073   VALLEJO                                              94590    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     304,000.00                     304,000.00   First Lien                                      0           361,000.00                    57,000.00                 380000              380000                    80.00               95.00   No MI                     NO MI                        0                                   6.6250            0.3750       0.0325    0.0000               0.4075
      1103653093   XXXXXXX                                              00000    XX                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     492,000.00                     492,000.00   First Lien                                      0           492,000.00                         0.00                      -          615,000.00                    80.00               80.00   No MI                     NO MI                        0                                    5.750             0.375       0.0325     0.000               0.4075
      1103653099   SAN XXXXX                                            90732    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     212,000.00                     212,000.00   First Lien                                      0           212,000.00                         0.00                      -          555,000.00                    38.20               38.20   No MI                     NO MI                        0                                    6.125             0.375       0.0325     0.000               0.4075
      1103653115   XXXX XXXXXX XXXXX                                    00000    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     289,000.00                     289,000.00   First Lien                                      0           471,364.00                   182,364.00                      -          520,000.00                    55.58               90.65   No MI                     NO MI                        0                                    6.125             0.375       0.0325     0.000               0.4075
      1103653161   INGLEWOOD                                            90301    CA                             20070501                 20220401   FIXED                   No                                              180                    180                          180                     150,000.00                     150,000.00   First Lien                                      0           150,000.00                         0.00                      -          525,000.00                    28.58               28.58   No MI                     NO MI                        0                                    6.375             0.250       0.0325     0.000               0.2825
      1103653165   OXNARD                                               93033    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     450,000.00                     450,000.00   First Lien                                      0           450,000.00                         0.00                      -          600,000.00                    75.00               75.00   No MI                     NO MI                        0                                    6.250             0.375       0.0325     0.000               0.4075
      1103653172   XXXXXXXX XXXX                                        00000    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     300,000.00                     300,000.00   First Lien                                      0           300,000.00                         0.00                      -          545,000.00                    55.05               55.05   No MI                     NO MI                        0                                    6.000             0.250       0.0325     0.000               0.2825
      1103653191   PLACERVILLE                                          95667    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     577,500.00                     577,500.00   First Lien                                      0           577,500.00                         0.00                      -          825,000.00                    70.00               70.00   No MI                     NO MI                        0                                    6.125             0.250       0.0325     0.000               0.2825
      1103653215   XXXXX                                                22015    VA                             20070401                 20220301   FIXED                   No                                              180                    180                          179                     400,000.00                     398,595.03   First Lien                                      0           400,000.00                         0.00                      -          867,000.00                    46.14               46.14   No MI                     NO MI                        0                                    5.750             0.250       0.0325     0.000               0.2825
      1103653297   THORNTON                                             80602    CO                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     208,000.00                     208,000.00   First Lien                                      0           260,000.00                    52,000.00                 260000              260000                    80.00              100.00   No MI                     NO MI                        0                                   5.9900            0.3750       0.0325    0.0000               0.4075
      1103653310   LONG BEACH                                           90808    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     417,000.00                     417,000.00   First Lien                                      0           607,400.00                   190,400.00                      -          675,000.00                    61.78               89.99   No MI                     NO MI                        0                                    6.625             0.250       0.0325     0.000               0.2825
      1103653355   SAN FRANCISCO                                        94107    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     378,000.00                     377,641.34   First Lien                                      0           378,000.00                         0.00                      -          630,000.00                    60.00               60.00   No MI                     NO MI                        0                                    6.250             0.375       0.0325     0.000               0.4075
      1103653358   LOS ANGELES                                          90043    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     599,920.00                     599,920.00   First Lien                                      0           749,900.00                   149,980.00                 749900              810000                    80.00              100.00   No MI                     NO MI                        0                                   8.5000            0.3750       0.0325    0.0000               0.4075
      1103653380   THOUSAND OAKS                                        91362    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     169,500.00                     169,335.26   First Lien                                      0           169,500.00                         0.00                      -          360,000.00                    47.09               47.09   No MI                     NO MI                        0                                    6.125             0.250       0.0325     0.000               0.2825
      1103653387   MURRIETA                                             92562    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     336,000.00                     336,000.00   First Lien                                      0           420,000.00                    84,000.00                      -          420,000.00                    80.00              100.00   No MI                     NO MI                        0                                    6.250             0.375       0.0325     0.000               0.4075
      1103653393   MAYWOOD                                              60153    IL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     131,400.00                     131,332.59   First Lien                                      0           131,400.00                         0.00                 146000              146000                    90.00               90.00   PMI                       LPMI                        25                                   9.3000            0.3750       0.0325    1.1900               1.5975
      1103653401   OJAI                                                 93023    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     336,750.00                     336,750.00   First Lien                                      0           426,550.00                    89,800.00                 449000              449000                    75.00               95.00   No MI                     NO MI                        0                                   6.3750            0.3750       0.0325    0.0000               0.4075
      1103653418   SUN CITY                                             92586    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     115,700.00                     115,700.00   First Lien                                      0           115,700.00                         0.00                      -          178,000.00                    65.00               65.00   No MI                     NO MI                        0                                    6.500             0.375       0.0325     0.000               0.4075
      1103653446   PASO XXXXXX                                          93446    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     497,000.00                     497,000.00   First Lien                                      0           497,000.00                         0.00                      -          575,000.00                    86.44               86.44   PMI                       LPMI                        25                                    6.500             0.375       0.0325     0.820               1.2275
      1103653448   ENGLEWOOD                                            80111    CO                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     741,750.00                     741,750.00   First Lien                                      0           741,750.00                         0.00                      -        1,525,000.00                    48.64               48.64   No MI                     NO MI                        0                                    6.000             0.375       0.0325     0.000               0.4075
      1103653455   SAN DIEGO                                            92114    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     347,800.00                     347,800.00   First Lien                                      0           437,800.00                    90,000.00                      -          470,000.00                    74.00               93.15   No MI                     NO MI                        0                                    6.375             0.375       0.0325     0.000               0.4075
      1103653464   ROSEMEAD                                             91770    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     637,000.00                     637,000.00   First Lien                                      0           745,000.00                   108,000.00                      -          910,000.00                    70.00               81.87   No MI                     NO MI                        0                                    6.500             0.375       0.0325     0.000               0.4075
      0000000000   HAWTHORNE                                            90250    CA                             20070401                 20220301   FIXED                   No                                              180                    180                          179                     299,500.00                     298,502.66   First Lien                                      0           299,500.00                         0.00                      -          700,000.00                    42.79               42.79   No MI                     NO MI                        0                                    6.375             0.250       0.0325     0.000               0.2825
      1103653506   COACHELLA                                            92236    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     251,992.00                     251,992.00   First Lien                                      0           314,990.00                    62,998.00                 314990              315000                    80.00              100.00   No MI                     NO MI                        0                                   6.6250            0.3750       0.0325    0.0000               0.4075
      1103653553   COLLEYVILLE                                          76034    TX                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     363,000.00                     363,000.00   First Lien                                      0           363,000.00                         0.00                      -        1,272,500.00                    28.53               28.53   No MI                     NO MI                        0                                    5.500             0.375       0.0325     0.000               0.4075
      1103653572   ADDISON                                              60101    IL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     172,000.00                     172,000.00   First Lien                                      0           215,000.00                    43,000.00                 215000              215000                    80.00              100.00   No MI                     NO MI                        0                                   7.5000            0.3750       0.0325    0.0000               0.4075
      1103653577   XXXXXXXXX XXXXXXX                                    00000    CO                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     283,000.00                     283,000.00   First Lien                                      0           283,000.00                         0.00                      -          750,000.00                    37.74               37.74   No MI                     NO MI                        0                                    6.000             0.375       0.0325     0.000               0.4075
      1103653599   AREA OF HAR                                          90710    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     480,000.00                     479,596.74   First Lien                                      0           480,000.00                         0.00                 600000              600000                    80.00               80.00   No MI                     NO MI                        0                                   6.8750            0.2500       0.0325    0.0000               0.2825
      1103653605   SAN MARCOS                                           92069    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     465,000.00                     465,000.00   First Lien                                      0           465,000.00                         0.00                      -          915,000.00                    50.82               50.82   No MI                     NO MI                        0                                    5.875             0.375       0.0325     0.000               0.4075
      1103653612   TRACY                                                95376    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     432,000.00                     432,000.00   First Lien                                      0           473,500.00                    41,500.00                      -          540,000.00                    80.00               87.69   No MI                     NO MI                        0                                    6.375             0.375       0.0325     0.000               0.4075
      0000000000   BURBANK                                              91501    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     452,000.00                     452,000.00   First Lien                                      0           452,000.00                         0.00                 565000              585000                    80.00               80.00   No MI                     NO MI                        0                                   6.8750            0.3750       0.0325    0.0000               0.4075
      1103653671   ALISO VIEJO                                          92656    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     339,000.00                     339,000.00   First Lien                                      0           417,500.00                    78,500.00                      -          485,000.00                    69.90               86.09   No MI                     NO MI                        0                                    6.470             0.375       0.0325     0.000               0.4075
      1103653689   TWENTYNINE PALMS                                     92277    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     127,000.00                     127,000.00   First Lien                                      0           127,000.00                         0.00                      -          170,000.00                    74.71               74.71   No MI                     NO MI                        0                                    6.500             0.375       0.0325     0.000               0.4075
      1103653742   SPARKS                                               89436    NV                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     318,700.00                     318,418.82   First Lien                                      0           382,450.00                    63,750.00                      -          425,000.00                    74.99               89.99   No MI                     NO MI                        0                                    6.625             0.375       0.0325     0.000               0.4075
      1103653785   LEHI                                                 84043    UT                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     161,718.00                     161,718.00   First Lien                                      0           204,843.00                    43,125.00                 215625              216000                    75.00               95.00   No MI                     NO MI                        0                                   6.7500            0.3750       0.0325    0.0000               0.4075
      1103653804   SAN XXXXXX                                           94070    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     460,000.00                     459,519.73   First Lien                                      0           460,000.00                         0.00                 575000              575000                    80.00               80.00   No MI                     NO MI                        0                                   5.7500            0.3750       0.0325    0.0000               0.4075
      1103653810   MIAMI                                                33196    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     262,500.00                     262,500.00   First Lien                                      0           356,250.00                    93,750.00                      -          375,000.00                    70.00               95.00   No MI                     NO MI                        0                                    6.375             0.375       0.0325     0.000               0.4075
      0000000000   COVINA AREA                                          91722    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     380,000.00                     380,000.00   First Lien                                      0           475,000.00                    95,000.00                      -          475,000.00                    80.00              100.00   No MI                     NO MI                        0                                    6.625             0.375       0.0325     0.000               0.4075
      1103653861   IRVINE                                               92612    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     265,293.00                     265,293.00   First Lien                                      0           265,293.00                         0.00                 378990              380000                    70.00               70.00   No MI                     NO MI                        0                                   5.8750            0.3750       0.0325    0.0000               0.4075
      1103653863   XXXXXXX XXXXXX                                       00000    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     720,000.00                     720,000.00   First Lien                                      0           720,000.00                         0.00                      -          980,000.00                    73.47               73.47   No MI                     NO MI                        0                                    5.875             0.250       0.0325     0.000               0.2825
      1103653888   PLEASANTVILLE                                        08232    NJ                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     228,000.00                     227,850.86   First Lien                                      0           228,000.00                         0.00                      -          285,000.00                    80.00               80.00   No MI                     NO MI                        0                                    8.125             0.375       0.0325     0.000               0.4075
      1103653894   MIAMI                                                33145    FL                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     420,000.00                     420,000.00   First Lien                                      0           420,000.00                         0.00                      -          575,000.00                    73.05               73.05   No MI                     NO MI                        0                                    6.000             0.250       0.0325     0.000               0.2825
      1103653897   WAYNE                                                07470    NJ                             20070601                 20370501   FIXED                   No                                              360                    360                          360                     650,000.00                     650,000.00   First Lien                                      0           800,000.00                   150,000.00                 875000              875000                    74.29               91.43   No MI                     NO MI                        0                                   6.6250            0.2500       0.0325    0.0000               0.2825
      1103653913   SAINT XXXX                                           55106    MN                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     122,500.00                     122,500.00   First Lien                                      0           122,500.00                         0.00                      -          175,000.00                    70.00               70.00   No MI                     NO MI                        0                                    7.500             0.375       0.0325     0.000               0.4075
      1103653929   LITCHFIELD                                           85340    AZ                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     240,000.00                     240,000.00   First Lien                                      0           270,000.00                    30,000.00                 300000              305000                    80.00               90.00   No MI                     NO MI                        0                                   7.7500            0.3750       0.0325    0.0000               0.4075
      1103653934   LONG BEACH                                           90804    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     476,000.00                     476,000.00   First Lien                                      0           680,000.00                   204,000.00                 680000              680000                    70.00              100.00   No MI                     NO MI                        0                                   5.6250            0.3750       0.0325    0.0000               0.4075
      1103653953   JACKSONVILLE                                         32244    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     185,200.00                     185,200.00   First Lien                                      0           185,200.00                         0.00                 195000              195000                    94.98               94.98   PMI                       LPMI                        30                                   7.5900            0.3750       0.0325    0.8300               1.2375
      1103653975   SAN DIEGO                                            92116    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     310,500.00                     310,500.00   First Lien                                      0           310,500.00                         0.00                 345000              345000                    90.00               90.00   PMI                       LPMI                        25                                  10.7500            0.3750       0.0325    1.0900               1.4975
      1103653997   VALENCIA                                             91354    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     360,000.00                     360,000.00   First Lien                                      0           360,000.00                         0.00                      -          560,000.00                    64.29               64.29   No MI                     NO MI                        0                                    5.875             0.375       0.0325     0.000               0.4075
      1103654006   CORAL GABLES                                         33134    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     844,000.00                     844,000.00   First Lien                                      0           844,000.00                         0.00                      -        1,200,000.00                    70.34               70.34   No MI                     NO MI                        0                                    6.125             0.375       0.0325     0.000               0.4075
      1103654026   XXXXXXX XXXX                                         00000    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     305,600.00                     305,330.38   First Lien                                      0           382,000.00                    76,400.00                 382000              382000                    80.00              100.00   No MI                     NO MI                        0                                   6.6250            0.2500       0.0325    0.0000               0.2825
      1103654045   XXXXXXX XXXXX                                        00000    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     480,000.00                     480,000.00   First Lien                                      0           600,000.00                   120,000.00                 600000              600000                    80.00              100.00   No MI                     NO MI                        0                                   6.7500            0.3750       0.0325    0.0000               0.4075
      0000000000   XXXX XXXX XXXX                                       00000    UT                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     135,850.00                     135,850.00   First Lien                                      0           198,550.00                    62,700.00                      -          209,000.00                    65.00               95.00   No MI                     NO MI                        0                                    6.500             0.375       0.0325     0.000               0.4075
      1103654056   TEMECULA                                             92591    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     438,500.00                     438,500.00   First Lien                                      0           438,500.00                         0.00                      -          555,000.00                    79.01               79.01   No MI                     NO MI                        0                                    6.250             0.375       0.0325     0.000               0.4075
      1103654058   JACKSONVILLE                                         32257    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     236,800.00                     236,800.00   First Lien                                      0           296,000.00                    59,200.00                      -          296,000.00                    80.00              100.00   No MI                     NO MI                        0                                    6.980             0.375       0.0325     0.000               0.4075
      1103654067   BRADENTON                                            34207    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     125,250.00                     125,250.00   First Lien                                      0           158,650.00                    33,400.00                 167000              170000                    75.00               95.00   No MI                     NO MI                        0                                   7.7500            0.3750       0.0325    0.0000               0.4075
      1103654075   SOUTH GATE                                           90280    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     360,000.00                     360,000.00   First Lien                                      0           450,000.00                    90,000.00                      -          450,000.00                    80.00              100.00   No MI                     NO MI                        0                                    7.500             0.375       0.0325     0.000               0.4075
      1103654097   GRAND LAKE                                           80447    CO                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     750,000.00                     750,000.00   First Lien                                      0           750,000.00                         0.00                      -        1,200,000.00                    62.50               62.50   No MI                     NO MI                        0                                    6.000             0.375       0.0325     0.000               0.4075
      1103654102   SAN DIEGO                                            92154    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     555,000.00                     555,000.00   First Lien                                      0           555,000.00                         0.00                      -          740,000.00                    75.00               75.00   No MI                     NO MI                        0                                    6.625             0.375       0.0325     0.000               0.4075
      1103654122   SANTA XXXXX                                          95054    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     599,999.00                     599,999.00   First Lien                                      0           749,999.00                   150,000.00                 749999              750000                    80.00              100.00   No MI                     NO MI                        0                                   6.2500            0.3750       0.0325    0.0000               0.4075
      1103654134   WATERFORD                                            95386    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     250,000.00                     250,000.00   First Lien                                      0           250,000.00                         0.00                      -          343,000.00                    72.89               72.89   No MI                     NO MI                        0                                    6.375             0.375       0.0325     0.000               0.4075
      0000000000   XXXXXXXXXX                                           00000    IL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     372,000.00                     372,000.00   First Lien                                      0           465,000.00                    93,000.00                 465000              465000                    80.00              100.00   No MI                     NO MI                        0                                   5.7500            0.3750       0.0325    0.0000               0.4075
      1103654139   RESEDA AREA                                          91335    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     390,000.00                     390,000.00   First Lien                                      0           390,000.00                         0.00                      -          520,000.00                    75.00               75.00   No MI                     NO MI                        0                                    6.125             0.250       0.0325     0.000               0.2825
      0000000000   WEST HILLS                                           91307    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     290,000.00                     290,000.00   First Lien                                      0           290,000.00                         0.00                      -          850,000.00                    34.12               34.12   No MI                     NO MI                        0                                    5.500             0.375       0.0325     0.000               0.4075
      1103654154   RANCHO CUCAMONGA                                     91739    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     417,000.00                     416,521.69   First Lien                                      0           417,000.00                         0.00                      -          801,000.00                    52.06               52.06   No MI                     NO MI                        0                                    5.250             0.250       0.0325     0.000               0.2825
      1103654164   XXXXX XXXXX                                          92886    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     537,600.00                     537,600.00   First Lien                                      0           587,600.00                    50,000.00                      -        1,100,000.00                    48.88               53.42   No MI                     NO MI                        0                                    5.750             0.250       0.0325     0.000               0.2825
      1103654170   XXX XXXXXX XXXX                                      00000    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     424,000.00                     424,000.00   First Lien                                      0           530,000.00                   106,000.00                 530000              530000                    80.00              100.00   No MI                     NO MI                        0                                   7.4500            0.3750       0.0325    0.0000               0.4075
      1103654175   MANTECA                                              95337    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     220,500.00                     220,500.00   First Lien                                      0           220,500.00                         0.00                      -          315,000.00                    70.00               70.00   No MI                     NO MI                        0                                    6.990             0.375       0.0325     0.000               0.4075
      1103654179   RIVERSIDE                                            92505    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     343,000.00                     343,000.00   First Lien                                      0           490,000.00                   147,000.00                 490000              495000                    70.00              100.00   No MI                     NO MI                        0                                   5.7500            0.3750       0.0325    0.0000               0.4075
      1103654181   DOWNERS GROVE                                        60516    IL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     262,000.00                     262,000.00   First Lien                                      0           262,000.00                         0.00                      -          375,000.00                    69.87               69.87   No MI                     NO MI                        0                                    5.875             0.375       0.0325     0.000               0.4075
      0000000000   GARDNERVILLE                                         89410    NV                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     472,000.00                     472,000.00   First Lien                                      0           472,000.00                         0.00                      -          630,000.00                    74.93               74.93   No MI                     NO MI                        0                                    5.800             0.375       0.0325     0.000               0.4075
      1103654188   SANTA XXX                                            92703    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     515,000.00                     515,000.00   First Lien                                      0           515,000.00                         0.00                      -          700,000.00                    73.58               73.58   No MI                     NO MI                        0                                    6.750             0.375       0.0325     0.000               0.4075
      1103654193   PICO XXXXXX                                          90660    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     283,800.00                     283,800.00   First Lien                                      0           283,800.00                         0.00                      -          425,000.00                    66.78               66.78   No MI                     NO MI                        0                                    5.750             0.375       0.0325     0.000               0.4075
      0000000000   CORONA                                               92880    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     437,000.00                     437,000.00   First Lien                                      0           592,000.00                   155,000.00                      -          630,000.00                    69.37               93.97   No MI                     NO MI                        0                                    6.250             0.375       0.0325     0.000               0.4075
      1103654232   LOS ANGELES                                          90065    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     200,000.00                     199,805.61   First Lien                                      0           200,000.00                         0.00                      -          600,000.00                    33.34               33.34   No MI                     NO MI                        0                                    6.125             0.250       0.0325     0.000               0.2825
      0000000000   BRICK                                                08723    NJ                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     238,800.00                     238,631.45   First Lien                                      0           298,500.00                    59,700.00                 298500              300000                    80.00              100.00   No MI                     NO MI                        0                                   7.7500            0.3750       0.0325    0.0000               0.4075
      1103654288   PHOENIX                                              85004    AZ                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     129,500.00                     129,382.93   First Lien                                      0           129,500.00                         0.00                      -          185,000.00                    70.00               70.00   No MI                     NO MI                        0                                    6.500             0.375       0.0325     0.000               0.4075
      1103654309   XXXXXXXX XXXX XXXX                                   00000    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     262,500.00                     262,500.00   First Lien                                      0           262,500.00                         0.00                      -          350,000.00                    75.00               75.00   No MI                     NO MI                        0                                    6.125             0.375       0.0325     0.000               0.4075
      0000000000   POMONA                                               91761    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     150,000.00                     149,850.67   First Lien                                      0           150,000.00                         0.00                      -          390,000.00                    38.47               38.47   No MI                     NO MI                        0                                    6.000             0.250       0.0325     0.000               0.2825
      1103654355   GLENDALE                                             91207    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     636,000.00                     636,000.00   First Lien                                      0           795,000.00                   159,000.00                 795000              795000                    80.00              100.00   No MI                     NO MI                        0                                   6.2500            0.3750       0.0325    0.0000               0.4075
      1103654356   RIVERSIDE                                            92506    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     388,000.00                     388,000.00   First Lien                                      0           485,000.00                    97,000.00                 485000              500000                    80.00              100.00   No MI                     NO MI                        0                                   6.2500            0.3750       0.0325    0.0000               0.4075
      1103654375   POMONA                                               91767    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     157,000.00                     156,854.58   First Lien                                      0           157,000.00                         0.00                      -          495,000.00                    31.72               31.72   No MI                     NO MI                        0                                    6.375             0.250       0.0325     0.000               0.2825
      1103654408   DANVILLE                                             94506    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     548,500.00                     548,500.00   First Lien                                      0           548,500.00                         0.00                      -        1,080,000.00                    50.79               50.79   No MI                     NO MI                        0                                    6.300             0.250       0.0325     0.000               0.2825
      1103654416   XXXXX XX XXXXX                                       00000    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                      90,000.00                      90,000.00   First Lien                                      0            90,000.00                         0.00                      -          440,000.00                    20.46               20.46   No MI                     NO MI                        0                                    6.250             0.250       0.0325     0.000               0.2825
      1103654433   TORRANCE                                             90504    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     502,500.00                     502,500.00   First Lien                                      0           603,000.00                   100,500.00                      -          670,000.00                    75.00               90.00   No MI                     NO MI                        0                                    7.250             0.375       0.0325     0.000               0.4075
      0000000000   FAIRFIELD                                            94534    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     860,000.00                     860,000.00   First Lien                                      0           860,000.00                         0.00                      -        1,075,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.000             0.375       0.0325     0.000               0.4075
      1103654472   SAN DIEGO                                            92116    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     330,000.00                     330,000.00   First Lien                                      0           330,000.00                         0.00                      -          595,000.00                    55.47               55.47   No MI                     NO MI                        0                                    6.500             0.250       0.0325     0.000               0.2825
      1103654482   BANNING                                              92220    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     155,000.00                     155,000.00   First Lien                                      0           155,000.00                         0.00                      -          251,000.00                    61.76               61.76   No MI                     NO MI                        0                                    5.375             0.375       0.0325     0.000               0.4075
      1103654489   CENTENNIAL                                           80015    CO                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     300,000.00                     300,000.00   First Lien                                      0           300,000.00                         0.00                      -          430,000.00                    69.77               69.77   No MI                     NO MI                        0                                    6.250             0.250       0.0325     0.000               0.2825
      1103654504   CALEXICO                                             92231    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     208,000.00                     208,000.00   First Lien                                      0           208,000.00                         0.00                      -          260,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.375             0.250       0.0325     0.000               0.2825
      1103654507   FONTANA                                              92337    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     396,000.00                     395,642.01   First Lien                                      0           396,000.00                         0.00                      -          528,000.00                    75.00               75.00   No MI                     NO MI                        0                                    6.500             0.250       0.0325     0.000               0.2825
      1103654516   INDIO                                                92203    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     198,500.00                     198,500.00   First Lien                                      0           198,500.00                         0.00                      -          285,000.00                    69.65               69.65   No MI                     NO MI                        0                                    6.500             0.375       0.0325     0.000               0.4075
      1103654522   SAN MARCOS                                           92078    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     359,000.00                     359,000.00   First Lien                                      0           359,000.00                         0.00                      -          452,975.00                    79.26               79.26   No MI                     NO MI                        0                                    6.250             0.375       0.0325     0.000               0.4075
      1103654534   SUNNYVALE                                            94087    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     225,000.00                     225,000.00   First Lien                                      0           225,000.00                         0.00                      -          375,000.00                    60.00               60.00   No MI                     NO MI                        0                                    5.750             0.375       0.0325     0.000               0.4075
      1103654536   SIERRA MADRE                                         91024    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     210,000.00                     209,800.74   First Lien                                      0           210,000.00                         0.00                      -          860,000.00                    24.42               24.42   No MI                     NO MI                        0                                    6.250             0.250       0.0325     0.000               0.2825
      1103654539   LOS GATOS                                            95032    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     790,000.00                     789,135.30   First Lien                                      0           790,000.00                         0.00                      -        1,350,000.00                    58.52               58.52   No MI                     NO MI                        0                                    5.500             0.375       0.0325     0.000               0.4075
      1103654546   XXXXXX XXXXX                                         00000    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     500,000.00                     500,000.00   First Lien                                      0           585,000.00                    85,000.00                      -          650,000.00                    76.93               90.00   No MI                     NO MI                        0                                    7.500             0.375       0.0325     0.000               0.4075
      1103654548   PERRIS                                               92571    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     340,000.00                     340,000.00   First Lien                                      0           425,000.00                    85,000.00                      -          425,000.00                    80.00              100.00   No MI                     NO MI                        0                                    6.500             0.375       0.0325     0.000               0.4075
      1103654580   XXXXXXX                                              81632    CO                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     750,000.00                     750,000.00   First Lien                                      0           750,000.00                         0.00                      -        1,337,000.00                    56.10               56.10   No MI                     NO MI                        0                                    6.250             0.375       0.0325     0.000               0.4075
      1103654583   LOS ANGELES                                          90043    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     300,000.00                     300,000.00   First Lien                                      0           300,000.00                         0.00                      -          550,000.00                    54.55               54.55   No MI                     NO MI                        0                                    6.250             0.250       0.0325     0.000               0.2825
      1103654619   CARLSBAD                                             92009    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     270,000.00                     270,000.00   First Lien                                      0           270,000.00                         0.00                      -          534,000.00                    50.57               50.57   No MI                     NO MI                        0                                    5.750             0.375       0.0325     0.000               0.4075
      1103654622   SALINAS                                              93908    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     485,000.00                     485,000.00   First Lien                                      0           485,000.00                         0.00                      -        1,000,000.00                    48.50               48.50   No MI                     NO MI                        0                                    6.250             0.250       0.0325     0.000               0.2825
      1103654631   XXXXXXXX XXXX                                        00000    VA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     269,500.00                     269,500.00   First Lien                                      0           365,750.00                    96,250.00                      -          385,000.00                    70.00               95.00   No MI                     NO MI                        0                                    7.250             0.375       0.0325     0.000               0.4075
      1103654636   XXXXX                                                75013    TX                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     400,000.00                     400,000.00   First Lien                                      0           475,000.00                    75,000.00                 500000              500000                    80.00               95.00   No MI                     NO MI                        0                                   6.2500            0.3750       0.0325    0.0000               0.4075
      1103654637   CORONA                                               92879    CA                             20070601                 20370501   FIXED                   No                                              360                    360                          360                     720,000.00                     720,000.00   First Lien                                      0           720,000.00                         0.00                      -          900,000.00                    80.00               80.00   No MI                     NO MI                        0                                    5.750             0.250       0.0325     0.000               0.2825
      1103654644   RENO                                                 89523    NV                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     356,000.00                     356,000.00   First Lien                                      0           356,000.00                         0.00                      -          692,000.00                    51.45               51.45   No MI                     NO MI                        0                                    6.000             0.375       0.0325     0.000               0.4075
      1103654688   SLOUGHHOUSE                                          95683    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     380,000.00                     379,639.44   First Lien                                      0           380,000.00                         0.00                      -          625,000.00                    60.80               60.80   No MI                     NO MI                        0                                    6.250             0.250       0.0325     0.000               0.2825
      1103654691   LYNDEN                                               98264    WA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     174,400.00                     174,253.49   First Lien                                      0           206,900.00                    32,500.00                      -          218,000.00                    80.00               94.91   No MI                     NO MI                        0                                    6.875             0.250       0.0325     0.000               0.2825
      1103654727   OLD SAYBROOK                                         06475    CT                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     283,500.00                     283,210.96   First Lien                                      0           283,500.00                         0.00                      -          510,000.00                    55.59               55.59   No MI                     NO MI                        0                                    5.875             0.250       0.0325     0.000               0.2825
      1103654743   NAPERVILLE                                           60540    IL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     360,000.00                     360,000.00   First Lien                                      0           360,000.00                         0.00                 460000              460000                    78.27               78.27   No MI                     NO MI                        0                                   5.2500            0.3750       0.0325    0.0000               0.4075
      1103654747   MILLBRAE                                             94030    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     450,000.00                     450,000.00   First Lien                                      0           552,000.00                   102,000.00                      -        1,220,000.00                    36.89               45.25   No MI                     NO MI                        0                                    5.450             0.375       0.0325     0.000               0.4075
      1103654762   HONOLULU                                             96826    HI                             20070401                 20370301   FIXED                   Yes                                             360                    480                          359                     482,800.00                     482,649.00   First Lien                                      0           482,800.00                         0.00                      -          568,000.00                    85.00               85.00   PMI                       LPMI                        22                                    7.695             0.250       0.0325     0.780               1.0625
      0000000000   STERLING                                             20164    VA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     320,000.00                     320,000.00   First Lien                                      0           400,000.00                    80,000.00                 400000              400000                    80.00              100.00   No MI                     NO MI                        0                                   7.9900            0.3750       0.0325    0.0000               0.4075
      0000000000   LOS ANGELES                                          90063    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     350,000.00                     350,000.00   First Lien                                      0           350,000.00                         0.00                      -          620,000.00                    56.46               56.46   No MI                     NO MI                        0                                    6.125             0.250       0.0325     0.000               0.2825
      1103654813   WESTCHESTER                                          90045    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     604,000.00                     604,000.00   First Lien                                      0           755,000.00                   151,000.00                 755000              755000                    80.00              100.00   No MI                     NO MI                        0                                   6.5000            0.3750       0.0325    0.0000               0.4075
      0000000000   (XXXXXXXXXX XXXX) LOS ANG                            91325    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     364,000.00                     364,000.00   First Lien                                      0           455,000.00                    91,000.00                 455000              455000                    80.00              100.00   No MI                     NO MI                        0                                   5.8750            0.3750       0.0325    0.0000               0.4075
      1103654829   SUNNYVALE                                            94086    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     417,000.00                     417,000.00   First Lien                                      0           567,000.00                   150,000.00                      -          752,000.00                    55.46               75.40   No MI                     NO MI                        0                                    6.375             0.375       0.0325     0.000               0.4075
      1103654832   GLENDALE                                             91205    CA                             20070501                 20220401   FIXED                   No                                              180                    180                          180                     432,000.00                     430,514.54   First Lien                                      0           432,000.00                         0.00                      -          725,000.00                    59.59               59.59   No MI                     NO MI                        0                                    6.000             0.250       0.0325     0.000               0.2825
      1103654837   AUSTIN                                               78729    TX                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     136,000.00                     135,943.03   First Lien                                      0           170,000.00                    34,000.00                 170000              172000                    80.00              100.00   No MI                     NO MI                        0                                  10.2550            0.3750       0.0325    0.0000               0.4075
      1103654858   ARCADIA                                              91006    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     393,750.00                     393,750.00   First Lien                                      0           472,500.00                    78,750.00                      -          525,000.00                    75.00               90.00   No MI                     NO MI                        0                                    6.625             0.375       0.0325     0.000               0.4075
      1103654873   RANCHO PALOS VERDES                                  90275    CA                             20070501                 20220401   FIXED                   No                                              180                    180                          180                     656,000.00                     656,000.00   First Lien                                      0           656,000.00                         0.00                      -        1,400,000.00                    46.86               46.86   No MI                     NO MI                        0                                    5.875             0.250       0.0325     0.000               0.2825
      1103654878   XXXXXX                                               90745    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     426,000.00                     426,000.00   First Lien                                      0           426,000.00                         0.00                      -          552,000.00                    77.18               77.18   No MI                     NO MI                        0                                    6.000             0.375       0.0325     0.000               0.4075
      1103654884   SAN DIEGO                                            92105    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     478,000.00                     478,000.00   First Lien                                      0           597,500.00                   119,500.00                 597500              605000                    80.00              100.00   No MI                     NO MI                        0                                   6.5000            0.3750       0.0325    0.0000               0.4075
      1103654886   XXXXXX XXXX                                          00000    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     451,000.00                     451,000.00   First Lien                                      0           451,000.00                         0.00                      -          575,000.00                    78.44               78.44   No MI                     NO MI                        0                                    7.625             0.375       0.0325     0.000               0.4075
      1103654901   BENICIA                                              94510    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     331,000.00                     331,000.00   First Lien                                      0           331,000.00                         0.00                      -          545,000.00                    60.74               60.74   No MI                     NO MI                        0                                    5.750             0.375       0.0325     0.000               0.4075
      0000000000   FORT XXXXXXX                                         80521    CO                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     151,500.00                     151,500.00   First Lien                                      0           191,900.00                    40,400.00                 202000              210000                    75.00               95.00   No MI                     NO MI                        0                                   6.7500            0.3750       0.0325    0.0000               0.4075
      1103654911   AVALON                                               90704    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     390,000.00                     389,611.75   First Lien                                      0           390,000.00                         0.00                      -          935,000.00                    41.72               41.72   No MI                     NO MI                        0                                    6.000             0.250       0.0325     0.000               0.2825
      0000000000   (XXXXXXXXXX XXXX) LOS ANG                            90744    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     220,000.00                     220,000.00   First Lien                                      0           220,000.00                         0.00                      -          600,000.00                    36.67               36.67   No MI                     NO MI                        0                                    5.375             0.375       0.0325     0.000               0.4075
      0000000000   XXXXXXX XXXXXX                                       00000    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                   1,999,900.00                   1,999,900.00   First Lien                                      0         2,399,900.00                   400,000.00                3050000             3100000                    65.58               78.69   No MI                     NO MI                        0                                   6.2500            0.3750       0.0325    0.0000               0.4075
      1103654942   XXXX GARDENS                                         90201    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     574,000.00                     574,000.00   First Lien                                      0           680,000.00                   106,000.00                      -          820,000.00                    70.00               82.93   No MI                     NO MI                        0                                    6.990             0.375       0.0325     0.000               0.4075
      1103654944   HESPERIA                                             92345    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     324,000.00                     324,000.00   First Lien                                      0           324,000.00                         0.00                      -          405,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.500             0.375       0.0325     0.000               0.4075
      1103654960   LONG BEACH                                           90805    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     398,400.00                     398,400.00   First Lien                                      0           445,900.00                    47,500.00                 498000              500000                    80.00               89.54   No MI                     NO MI                        0                                   6.5000            0.3750       0.0325    0.0000               0.4075
      1103654975   CLAREMONT                                            91711    CA                             20070401                 20320301   FIXED                   No                                              300                    300                          299                     460,000.00                     459,397.60   First Lien                                      0           610,000.00                   150,000.00                      -          778,900.00                    59.06               78.32   No MI                     NO MI                        0                                    6.625             0.250       0.0325     0.000               0.2825
      1103654979   CORONA                                               92882    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     535,000.00                     535,000.00   First Lien                                      0           535,000.00                         0.00                      -          810,000.00                    66.05               66.05   No MI                     NO MI                        0                                    6.375             0.250       0.0325     0.000               0.2825
      1103654980   SYLMAR                                               91342    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     448,000.00                     448,000.00   First Lien                                      0           560,000.00                   112,000.00                 560000              560000                    80.00              100.00   No MI                     NO MI                        0                                   6.6250            0.3750       0.0325    0.0000               0.4075
      1103654985   LAKEWOOD                                             90715    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     324,000.00                     324,000.00   First Lien                                      0           405,000.00                    81,000.00                 405000              408000                    80.00              100.00   No MI                     NO MI                        0                                   7.0000            0.3750       0.0325    0.0000               0.4075
      1103654987   CEDAR                                                55011    MN                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     184,000.00                     184,000.00   First Lien                                      0           220,000.00                    36,000.00                      -          230,000.00                    80.00               95.66   No MI                     NO MI                        0                                    6.750             0.375       0.0325     0.000               0.4075
      1103654992   MERCED                                               95340    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     149,800.00                     149,800.00   First Lien                                      0           203,300.00                    53,500.00                 214000              250000                    70.00               95.00   No MI                     NO MI                        0                                   7.0000            0.3750       0.0325    0.0000               0.4075
      1103655013   VISALIA                                              93291    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     210,000.00                     210,000.00   First Lien                                      0           210,000.00                         0.00                      -          280,000.00                    75.00               75.00   No MI                     NO MI                        0                                    6.250             0.375       0.0325     0.000               0.4075
      1103655056   CATHEDRAL CITY                                       92234    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     270,000.00                     270,000.00   First Lien                                      0           270,000.00                         0.00                      -          500,000.00                    54.00               54.00   No MI                     NO MI                        0                                    6.125             0.250       0.0325     0.000               0.2825
      1103655063   XXXXXXXXXX                                           00000    AZ                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     494,000.00                     494,000.00   First Lien                                      0           494,000.00                         0.00                      -          745,000.00                    66.31               66.31   No MI                     NO MI                        0                                    6.125             0.375       0.0325     0.000               0.4075
      1103655080   ARVIN                                                93203    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     158,400.00                     158,270.16   First Lien                                      0           198,000.00                    39,600.00                 198000              198000                    80.00              100.00   No MI                     NO MI                        0                                   7.0000            0.3750       0.0325    0.0000               0.4075
      1103655105   SACRAMENTO                                           95832    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     269,500.00                     269,500.00   First Lien                                      0           385,000.00                   115,500.00                      -          385,000.00                    70.00              100.00   No MI                     NO MI                        0                                    6.125             0.375       0.0325     0.000               0.4075
      1103655111   BERKELEY                                             94702    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     525,000.00                     525,000.00   First Lien                                      0           630,000.00                   105,000.00                      -          700,000.00                    75.00               90.00   No MI                     NO MI                        0                                    6.250             0.375       0.0325     0.000               0.4075
      1103655133   LOS ANGELES                                          90042    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     320,000.00                     320,000.00   First Lien                                      0           320,000.00                         0.00                      -          470,000.00                    68.09               68.09   No MI                     NO MI                        0                                    6.500             0.250       0.0325     0.000               0.2825
      1103655137   HESPERIA                                             92345    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     280,800.00                     280,800.00   First Lien                                      0           351,000.00                    70,200.00                 351000              378000                    80.00              100.00   No MI                     NO MI                        0                                   6.3750            0.3750       0.0325    0.0000               0.4075
      0000000000   XXXXXX VALLEY                                        92557    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     214,000.00                     214,000.00   First Lien                                      0           214,000.00                         0.00                      -          430,000.00                    49.77               49.77   No MI                     NO MI                        0                                    6.250             0.250       0.0325     0.000               0.2825
      1103655143   MONTAGUE                                             96064    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     126,400.00                     126,303.82   First Lien                                      0           158,000.00                    31,600.00                      -          158,000.00                    80.00              100.00   No MI                     NO MI                        0                                    7.375             0.250       0.0325     0.000               0.2825
      1103655149   ONTARIO                                              91764    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     296,800.00                     296,800.00   First Lien                                      0           371,000.00                    74,200.00                 371000              383000                    80.00              100.00   No MI                     NO MI                        0                                   6.5000            0.3750       0.0325    0.0000               0.4075
      0000000000   MADERA                                               93637    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     160,000.00                     159,848.18   First Lien                                      0           160,000.00                         0.00                      -          325,000.00                    49.24               49.24   No MI                     NO MI                        0                                    6.250             0.250       0.0325     0.000               0.2825
      1103655161   RIALTO                                               92376    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     285,600.00                     285,600.00   First Lien                                      0           357,000.00                    71,400.00                 357000              357000                    80.00              100.00   No MI                     NO MI                        0                                   7.8750            0.3750       0.0325    0.0000               0.4075
      1103655170   LONG BEACH                                           90813    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     395,000.00                     395,000.00   First Lien                                      0           395,000.00                         0.00                      -          535,000.00                    73.84               73.84   No MI                     NO MI                        0                                    7.125             0.250       0.0325     0.000               0.2825
      0000000000   NAPLES                                               34104    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     164,400.00                     164,400.00   First Lien                                      0           205,500.00                    41,100.00                 205500              230000                    80.00              100.00   No MI                     NO MI                        0                                   6.5000            0.3750       0.0325    0.0000               0.4075
      0000000000   LANCASTER                                            93536    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     432,800.00                     432,800.00   First Lien                                      0           432,800.00                         0.00                      -          550,000.00                    78.70               78.70   No MI                     NO MI                        0                                    6.250             0.375       0.0325     0.000               0.4075
      1103655312   RIVERSIDE                                            92505    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     320,000.00                     320,000.00   First Lien                                      0           360,000.00                    40,000.00                      -          400,000.00                    80.00               90.00   No MI                     NO MI                        0                                    6.500             0.375       0.0325     0.000               0.4075
      1103655330   DENVER                                               80219    CO                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     141,750.00                     141,750.00   First Lien                                      0           141,750.00                         0.00                      -          157,500.00                    90.00               90.00   PMI                       BPMI                        25                                    6.250             0.250       0.0325     0.000               0.2825
      1103655336   FOLLY BEACH                                          29439    SC                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     113,500.00                     113,500.00   First Lien                                      0           113,500.00                         0.00                      -          435,000.00                    26.10               26.10   No MI                     NO MI                        0                                    7.900             0.250       0.0325     0.000               0.2825
      1103655338   SALEM                                                97305    OR                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     152,000.00                     151,852.41   First Lien                                      0           152,000.00                         0.00                      -          230,000.00                    66.09               66.09   No MI                     NO MI                        0                                    6.130             0.250       0.0325     0.000               0.2825
      1103655346   SAN XXXXX                                            94583    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     300,000.00                     300,000.00   First Lien                                      0           300,000.00                         0.00                      -          650,000.00                    46.16               46.16   No MI                     NO MI                        0                                    6.250             0.375       0.0325     0.000               0.4075
      1103655353   BAKERSFIELD                                          93313    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     218,200.00                     218,200.00   First Lien                                      0           259,100.00                    40,900.00                 272810              273000                    79.99               94.98   No MI                     NO MI                        0                                   7.2500            0.3750       0.0325    0.0000               0.4075
      0000000000   MONTCLAIR                                            91763    CA                             20070501                 20370301   FIXED                   Yes                                             360                    480                          360                     263,500.00                     263,500.00   First Lien                                      0           263,500.00                         0.00                      -          465,000.00                    56.67               56.67   No MI                     NO MI                        0                                    6.500             0.250       0.0325     0.000               0.2825
      1103655379   RIALTO                                               92376    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     253,600.00                     253,600.00   First Lien                                      0           317,000.00                    63,400.00                 317000              317000                    80.00              100.00   No MI                     NO MI                        0                                   6.3750            0.3750       0.0325    0.0000               0.4075
      1103655390   GLENDALE                                             91208    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     525,000.00                     525,000.00   First Lien                                      0           525,000.00                         0.00                      -        1,300,000.00                    40.39               40.39   No MI                     NO MI                        0                                    6.250             0.250       0.0325     0.000               0.2825
      1103655392   SARASOTA                                             34242    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     973,000.00                     973,000.00   First Lien                                      0           973,000.00                         0.00                      -        1,900,000.00                    51.22               51.22   No MI                     NO MI                        0                                    6.375             0.375       0.0325     0.000               0.4075
      1103655427   MURRIETA                                             92563    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     364,000.00                     364,000.00   First Lien                                      0           464,000.00                   100,000.00                      -          525,000.00                    69.34               88.39   No MI                     NO MI                        0                                    6.750             0.250       0.0325     0.000               0.2825
      1103655438   OAK HILLS                                            92344    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     250,000.00                     250,000.00   First Lien                                      0           250,000.00                         0.00                      -          375,000.00                    66.67               66.67   No MI                     NO MI                        0                                    6.250             0.250       0.0325     0.000               0.2825
      0000000000   LAGUNA BEACH                                         92677    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     200,000.00                     200,000.00   First Lien                                      0           200,000.00                         0.00                      -          825,000.00                    24.25               24.25   No MI                     NO MI                        0                                    6.000             0.375       0.0325     0.000               0.4075
      1103655471   PLANTATION                                           33317    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     384,000.00                     384,000.00   First Lien                                      0           384,000.00                         0.00                      -          480,000.00                    80.00               80.00   No MI                     NO MI                        0                                    7.750             0.375       0.0325     0.000               0.4075
      1103655477   LAKE WORTH                                           33463    FL                             20070401                 20370401   ARMS                    Yes                                             360                    480                          359                     204,800.00                     204,732.27   First Lien                                      0           243,200.00                    38,400.00                 256000              287000                    80.00               95.00   No MI                     NO MI                        0                                   7.5000            0.3750       0.0325    0.0000               0.4075
      1103655478   SAN XXXX                                             95129    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     607,750.00                     607,750.00   First Lien                                      0           607,750.00                         0.00                      -          935,000.00                    65.00               65.00   No MI                     NO MI                        0                                    6.000             0.375       0.0325     0.000               0.4075
      0000000000   MCKINLEYVILLE                                        95519    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     212,000.00                     212,000.00   First Lien                                      0           212,000.00                         0.00                      -          265,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.375             0.375       0.0325     0.000               0.4075
      1103655517   SAN XXXX                                             95125    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     528,000.00                     527,499.01   First Lien                                      0           528,000.00                         0.00                      -        1,050,000.00                    50.29               50.29   No MI                     NO MI                        0                                    6.250             0.250       0.0325     0.000               0.2825
      1103655520   DANVILLE                                             94526    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     650,000.00                     650,000.00   First Lien                                      0           650,000.00                         0.00                1102500             1110000                    58.96               58.96   No MI                     NO MI                        0                                   6.2500            0.2500       0.0325    0.0000               0.2825
      1103655533   PEORIA                                               85383    AZ                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     500,000.00                     500,000.00   First Lien                                      0           593,750.00                    93,750.00                      -          625,000.00                    80.00               95.00   No MI                     NO MI                        0                                    6.500             0.375       0.0325     0.000               0.4075
      1103655534   GLENDALE                                             91206    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     476,000.00                     476,000.00   First Lien                                      0           476,000.00                         0.00                      -          815,000.00                    58.41               58.41   No MI                     NO MI                        0                                    5.990             0.250       0.0325     0.000               0.2825
      1103655535   SANTA CLARITA                                        91351    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     318,500.00                     318,500.00   First Lien                                      0           318,500.00                         0.00                      -          460,000.00                    69.24               69.24   No MI                     NO MI                        0                                    6.000             0.250       0.0325     0.000               0.2825
      1103655556   XXXXXXXXXX XXXX                                      00000    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     409,500.00                     409,500.00   First Lien                                      0           409,500.00                         0.00                      -          585,000.00                    70.00               70.00   No MI                     NO MI                        0                                    6.375             0.250       0.0325     0.000               0.2825
      0000000000   PICO XXXXXX                                          90660    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     385,000.00                     385,000.00   First Lien                                      0           385,000.00                         0.00                      -          530,000.00                    72.65               72.65   No MI                     NO MI                        0                                    6.500             0.375       0.0325     0.000               0.4075
      1103655568   FAIR OAKS                                            95628    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     498,000.00                     498,000.00   First Lien                                      0           498,000.00                         0.00                      -          755,000.00                    65.97               65.97   No MI                     NO MI                        0                                    6.125             0.250       0.0325     0.000               0.2825
      1103655580   XXXXXXX                                              93906    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     495,000.00                     495,000.00   First Lien                                      0           495,000.00                         0.00                      -          940,000.00                    52.66               52.66   No MI                     NO MI                        0                                    5.875             0.375       0.0325     0.000               0.4075
      1103655594   XXXXXX                                               00000    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     500,000.00                     500,000.00   First Lien                                      0           500,000.00                         0.00                 914105              900000                    55.56               55.56   No MI                     NO MI                        0                                   6.0000            0.2500       0.0325    0.0000               0.2825
      1103655600   XXXXXXXX                                             00000    XX                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     980,000.00                     980,000.00   First Lien                                      0           980,000.00                         0.00                1400000             1400000                    70.00               70.00   No MI                     NO MI                        0                                   5.7500            0.3750       0.0325    0.0000               0.4075
      1103655601   MIAMI                                                33161    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     126,400.00                     126,400.00   First Lien                                      0           158,000.00                    31,600.00                 158000              162000                    80.00              100.00   No MI                     NO MI                        0                                   6.7500            0.3750       0.0325    0.0000               0.4075
      1103655612   ATWATER                                              95301    CA                             20070601                 20370501   FIXED                   No                                              360                    360                          360                     280,000.00                     280,000.00   First Lien                                      0           280,000.00                         0.00                      -          420,000.00                    66.67               66.67   No MI                     NO MI                        0                                    6.000             0.250       0.0325     0.000               0.2825
      1103655619   LONG BEACH                                           90807    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     497,000.00                     497,000.00   First Lien                                      0           639,000.00                   142,000.00                 710000              730000                    70.00               90.00   No MI                     NO MI                        0                                   5.7500            0.3750       0.0325    0.0000               0.4075
      1103655632   HILLSBOROUGH                                         08844    NJ                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     286,800.00                     286,587.15   First Lien                                      0           340,575.00                    53,775.00                 358600              360000                    79.98               94.98   No MI                     NO MI                        0                                   7.5000            0.3750       0.0325    0.0000               0.4075
      1103655644   COLTON                                               92324    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     312,000.00                     312,000.00   First Lien                                      0           312,000.00                         0.00                      -          400,000.00                    78.00               78.00   No MI                     NO MI                        0                                    6.375             0.375       0.0325     0.000               0.4075
      1103655652   PLAYA DEL REY                                        90293    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     898,000.00                     898,000.00   First Lien                                      0           898,000.00                         0.00                      -        1,235,000.00                    72.72               72.72   No MI                     NO MI                        0                                    6.125             0.375       0.0325     0.000               0.4075
      1103655655   ESCONDIDO                                            92026    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     420,000.00                     420,000.00   First Lien                                      0           420,000.00                         0.00                      -          525,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.875             0.250       0.0325     0.000               0.2825
      1103655658   ONTARIO                                              91761    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     337,500.00                     337,500.00   First Lien                                      0           337,500.00                         0.00                      -          450,000.00                    75.00               75.00   No MI                     NO MI                        0                                    6.375             0.375       0.0325     0.000               0.4075
      1103655669   ORLANDO                                              32808    FL                             20070501                 20370301   ARMS                    Yes                                             360                    480                          360                     100,200.00                     100,200.00   First Lien                                      0           100,200.00                         0.00                      -          167,000.00                    60.00               60.00   No MI                     NO MI                        0                                    7.550             0.375       0.0325     0.000               0.4075
      1103655672   XXXXXXXXXX                                           00000    AZ                             20070401                 20220401   FIXED                   Yes                                             180                    360                          179                     211,300.00                     211,264.76   Second Lien                               1000000         1,211,300.00                         0.00                1345930             1925000                    90.00               90.00   No MI                     NO MI                        0                                  14.3800            0.5000       0.0325    0.0000               0.5325
      1103655683   LAKEWOOD                                             98499    WA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     354,150.00                     354,150.00   First Lien                                      0           354,150.00                         0.00                 393500              393500                    90.00               90.00   PMI                       LPMI                        25                                  10.5000            0.3750       0.0325    0.8200               1.2275
      1103655684   MODESTO                                              95351    CA                             20070301                 20220401   FIXED                   Yes                                             180                    360                          178                      52,500.00                      52,482.86   Second Lien                                262500           315,000.00                         0.00                      -          350,000.00                    90.00               90.00   No MI                     NO MI                        0                                   14.500             0.500       0.0325     0.000               0.5325
      1103655692   HONOLULU                                             96816    HI                             20070401                 20370301   ARMS                    No                                              360                    360                          359                   1,949,200.00                   1,949,200.00   First Lien                                      0         2,300,000.00                   350,800.00                      -        2,998,800.00                    65.00               76.70   No MI                     NO MI                        0                                    6.250             0.375       0.0325     0.000               0.4075
      1103655694   INDIO                                                92201    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     225,600.00                     225,600.00   First Lien                                      0           225,600.00                         0.00                      -          282,000.00                    80.00               80.00   No MI                     NO MI                        0                                    5.875             0.375       0.0325     0.000               0.4075
      1103655695   LONG BEACH                                           90805    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     506,250.00                     506,250.00   First Lien                                      0           506,250.00                         0.00                 675000              675000                    75.00               75.00   No MI                     NO MI                        0                                   6.5000            0.3750       0.0325    0.0000               0.4075
      1103655700   MANTECA                                              95336    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     332,500.00                     332,500.00   First Lien                                      0           411,500.00                    79,000.00                      -          485,000.00                    68.56               84.85   No MI                     NO MI                        0                                    6.250             0.375       0.0325     0.000               0.4075
      1103655702   LAKELAND                                             33813    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     195,000.00                     195,000.00   First Lien                                      0           195,000.00                         0.00                      -          260,000.00                    75.00               75.00   No MI                     NO MI                        0                                    6.375             0.375       0.0325     0.000               0.4075
      1103655708   INDIO                                                92203    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     271,000.00                     271,000.00   First Lien                                      0           271,000.00                         0.00                      -          570,000.00                    47.55               47.55   No MI                     NO MI                        0                                    6.250             0.250       0.0325     0.000               0.2825
      1103655719   FONTANA                                              92336    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     470,700.00                     470,700.00   First Lien                                      0           470,700.00                         0.00                      -          644,000.00                    73.09               73.09   No MI                     NO MI                        0                                    6.500             0.250       0.0325     0.000               0.2825
      1103655727   SAN CLEMENTE                                         92672    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     900,000.00                     900,000.00   First Lien                                      0           900,000.00                         0.00                      -        1,400,000.00                    64.29               64.29   No MI                     NO MI                        0                                    5.750             0.375       0.0325     0.000               0.4075
      0000000000   PHOENIX                                              85028    AZ                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     472,000.00                     472,000.00   First Lien                                      0           472,000.00                         0.00                      -        1,200,000.00                    39.34               39.34   No MI                     NO MI                        0                                    6.000             0.375       0.0325     0.000               0.4075
      1103655748   DAMASCUS                                             20872    MD                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     500,000.00                     499,465.47   First Lien                                      0           500,000.00                         0.00                      -        1,320,000.00                    37.88               37.88   No MI                     NO MI                        0                                    5.625             0.250       0.0325     0.000               0.2825
      1103655751   SANTA XXX                                            92704    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     382,500.00                     382,500.00   First Lien                                      0           510,000.00                   127,500.00                 510000              548000                    75.00              100.00   No MI                     NO MI                        0                                   7.1250            0.3750       0.0325    0.0000               0.4075
      1103655755   WINTER HAVEN                                         33881    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     127,500.00                     127,500.00   First Lien                                      0           127,500.00                         0.00                      -          170,000.00                    75.00               75.00   No MI                     NO MI                        0                                    6.375             0.375       0.0325     0.000               0.4075
      1103655776   LOS ANGELES                                          90033    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     300,000.00                     300,000.00   First Lien                                      0           300,000.00                         0.00                      -          700,000.00                    42.86               42.86   No MI                     NO MI                        0                                    5.750             0.375       0.0325     0.000               0.4075
      1103655782   PLAYA DEL REY AREA                                   90293    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     566,500.00                     566,500.00   First Lien                                      0           566,500.00                         0.00                      -        2,020,000.00                    28.05               28.05   No MI                     NO MI                        0                                    6.125             0.250       0.0325     0.000               0.2825
      1103655792   NAPA                                                 94558    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     716,000.00                     716,000.00   First Lien                                      0           895,000.00                   179,000.00                      -          895,000.00                    80.00              100.00   No MI                     NO MI                        0                                    7.375             0.250       0.0325     0.000               0.2825
      1103655794   CANYON COUNTRY                                       91387    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     590,400.00                     589,826.17   First Lien                                      0           590,400.00                         0.00                 738000              740000                    80.00               80.00   No MI                     NO MI                        0                                   6.1250            0.2500       0.0325    0.0000               0.2825
      0000000000   EL CAJON                                             92019    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     695,000.00                     695,000.00   First Lien                                      0           695,000.00                         0.00                      -          900,000.00                    77.23               77.23   No MI                     NO MI                        0                                    6.625             0.375       0.0325     0.000               0.4075
      1103655826   SIMI VALLEY                                          93063    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     566,000.00                     565,394.91   First Lien                                      0           566,000.00                         0.00                      -        1,050,000.00                    53.91               53.91   No MI                     NO MI                        0                                    5.625             0.250       0.0325     0.000               0.2825
      1103655827   RANCHO CUCAMONGA                                     91739    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     954,550.00                     954,550.00   First Lien                                      0         1,037,800.00                    83,250.00                      -        1,280,000.00                    74.58               81.08   No MI                     NO MI                        0                                    6.375             0.375       0.0325     0.000               0.4075
      1103655833   ORLANDO                                              32836    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                   1,125,000.00                   1,125,000.00   First Lien                                      0         1,350,000.00                   225,000.00                      -        1,500,000.00                    75.00               90.00   No MI                     NO MI                        0                                    7.000             0.375       0.0325     0.000               0.4075
      1103655874   CHUALAR                                              93925    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     302,500.00                     302,500.00   First Lien                                      0           302,500.00                         0.00                      -        1,200,000.00                    25.21               25.21   No MI                     NO MI                        0                                    5.875             0.250       0.0325     0.000               0.2825
      1103655891   KISSIMMEE                                            34743    FL                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     220,000.00                     220,000.00   First Lien                                      0           220,000.00                         0.00                      -          275,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.500             0.250       0.0325     0.000               0.2825
      1103655895   CORONA                                               92882    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     520,000.00                     520,000.00   First Lien                                      0           650,000.00                   130,000.00                 650000              720000                    80.00              100.00   No MI                     NO MI                        0                                   7.0000            0.3750       0.0325    0.0000               0.4075
      1103655913   TAMPA                                                33612    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     142,200.00                     142,145.30   First Lien                                      0           142,200.00                         0.00                      -          158,000.00                    90.00               90.00   PMI                       LPMI                        25                                   10.650             0.375       0.0325     0.970               1.3775
      1103655918   GARDENA                                              90249    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     390,000.00                     390,000.00   First Lien                                      0           520,000.00                   130,000.00                 520000              525000                    75.00              100.00   No MI                     NO MI                        0                                   5.6250            0.3750       0.0325    0.0000               0.4075
      1103655925   AUSTIN                                               81410    CO                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     212,500.00                     212,500.00   First Lien                                      0           212,500.00                         0.00                      -          363,000.00                    58.54               58.54   No MI                     NO MI                        0                                    6.500             0.250       0.0325     0.000               0.2825
      0000000000   ALTADENA                                             91001    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     638,000.00                     638,000.00   First Lien                                      0           638,000.00                         0.00                      -          875,000.00                    72.92               72.92   No MI                     NO MI                        0                                    5.500             0.375       0.0325     0.000               0.4075
      1103655932   JACKSONVILLE                                         32246    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     246,000.00                     246,000.00   First Lien                                      0           292,125.00                    46,125.00                 307500              322000                    80.00               95.00   No MI                     NO MI                        0                                   5.5000            0.3750       0.0325    0.0000               0.4075
      1103655939   SAN FRANCISCO                                        94112    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     437,500.00                     437,500.00   First Lien                                      0           437,500.00                         0.00                      -          625,000.00                    70.00               70.00   No MI                     NO MI                        0                                    5.750             0.375       0.0325     0.000               0.4075
      1103655950   SACRAMENTO                                           95820    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     224,000.00                     224,000.00   First Lien                                      0           224,000.00                         0.00                      -          280,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.250             0.375       0.0325     0.000               0.4075
      1103655959   SOUTH GATE                                           90280    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     472,500.00                     472,500.00   First Lien                                      0           567,000.00                    94,500.00                      -          630,000.00                    75.00               90.00   No MI                     NO MI                        0                                    7.125             0.375       0.0325     0.000               0.4075
      1103655978   TUSTIN                                               92780    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     250,000.00                     250,000.00   First Lien                                      0           250,000.00                         0.00                      -          400,000.00                    62.50               62.50   No MI                     NO MI                        0                                    6.375             0.375       0.0325     0.000               0.4075
      1103656001   LA QUINTA                                            92253    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     265,000.00                     265,000.00   First Lien                                      0           265,000.00                         0.00                      -          387,000.00                    68.48               68.48   No MI                     NO MI                        0                                    6.250             0.375       0.0325     0.000               0.4075
      1103656015   UPLAND                                               91786    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     195,000.00                     194,801.19   First Lien                                      0           195,000.00                         0.00                 260000              270000                    75.00               75.00   No MI                     NO MI                        0                                   5.8750            0.3750       0.0325    0.0000               0.4075
      1103656038   CLOVIS                                               93611    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     364,000.00                     364,000.00   First Lien                                      0           432,000.00                    68,000.00                 455000              500000                    80.00               94.95   No MI                     NO MI                        0                                   8.7500            0.3750       0.0325    0.0000               0.4075
      1103656048   LANTANA                                              76226    TX                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     290,500.00                     290,500.00   First Lien                                      0           394,200.00                   103,700.00                 415000              415000                    70.00               94.99   No MI                     NO MI                        0                                   5.7500            0.3750       0.0325    0.0000               0.4075
      1103656056   PETALUMA                                             94954    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     290,000.00                     290,000.00   First Lien                                      0           290,000.00                         0.00                      -          570,000.00                    50.88               50.88   No MI                     NO MI                        0                                    5.875             0.375       0.0325     0.000               0.4075
      1103656076   XXXXX PARK                                           80517    CO                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     118,300.00                     118,300.00   First Lien                                      0           118,300.00                         0.00                      -          169,000.00                    70.00               70.00   No MI                     NO MI                        0                                    6.250             0.375       0.0325     0.000               0.4075
      1103656103   SAN DIEGO                                            92110    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     175,000.00                     175,000.00   First Lien                                      0           175,000.00                         0.00                      -          520,000.00                    33.66               33.66   No MI                     NO MI                        0                                    6.125             0.375       0.0325     0.000               0.4075
      0000000000   XXXXXX                                               90240    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     484,000.00                     484,000.00   First Lien                                      0           605,000.00                   121,000.00                 605000              630000                    80.00              100.00   No MI                     NO MI                        0                                   6.8750            0.3750       0.0325    0.0000               0.4075
      1103656109   KISSIMMEE                                            34741    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     223,000.00                     223,000.00   First Lien                                      0           223,000.00                         0.00                      -          279,000.00                    79.93               79.93   No MI                     NO MI                        0                                    6.500             0.375       0.0325     0.000               0.4075
      1103656134   WHITE PLAINS                                         10607    NY                             20061201                 20361101   FIXED                   No                                              360                    360                          355                     392,000.00                     392,000.00   First Lien                                      0           441,000.00                    49,000.00                      -          490,000.00                    80.00               90.00   No MI                     NO MI                        0                                    8.125             0.250       0.0325     0.000               0.2825
      0000000000   BROOKLYN                                             11215    NY                             20070101                 20361201   FIXED                   No                                              360                    360                          356                     700,000.00                     697,568.82   First Lien                                      0         1,100,000.00                   400,000.00                      -        1,400,000.00                    50.00               78.58   No MI                     NO MI                        0                                    6.750             0.250       0.0325     0.000               0.2825
      1103656141   LAKEWOOD                                             08701    NJ                             20070101                 20361201   FIXED                   No                                              360                    360                          356                     416,000.00                     414,589.99   First Lien                                      0           494,000.00                    78,000.00                 520000              525000                    80.00               95.00   No MI                     NO MI                        0                                   6.8750            0.2500       0.0325    0.0000               0.2825
      1103656142   PATERSON                                             07503    NJ                             20070101                 20361201   FIXED                   No                                              360                    360                          356                     361,600.00                     360,431.15   First Lien                                      0           452,000.00                    90,400.00                 452000              460000                    80.00              100.00   No MI                     NO MI                        0                                   7.1250            0.2500       0.0325    0.0000               0.2825
      1103656145   BROOKLYN                                             11215    NY                             20061201                 20361101   FIXED                   No                                              360                    360                          355                     850,000.00                     846,299.44   First Lien                                      0           850,000.00                         0.00                      -        1,300,000.00                    65.39               65.39   No MI                     NO MI                        0                                    6.750             0.250       0.0325     0.000               0.2825
      1103656146   XXXXX                                                03431    NH                             20070101                 20361201   FIXED                   No                                              360                    360                          356                     116,000.00                     115,454.72   First Lien                                      0           130,094.00                    14,094.00                 145000              148000                    80.00               89.72   No MI                     NO MI                        0                                   6.2500            0.2500       0.0325    0.0000               0.2825
      1103656164   TUSTIN                                               92782    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     255,000.00                     255,000.00   First Lien                                      0           255,000.00                         0.00                      -          340,000.00                    75.00               75.00   No MI                     NO MI                        0                                    6.625             0.375       0.0325     0.000               0.4075
      0000000000   CHEHALIS                                             98532    WA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     204,000.00                     204,000.00   First Lien                                      0           242,250.00                    38,250.00                 255000              255000                    80.00               95.00   No MI                     NO MI                        0                                   7.1250            0.3750       0.0325    0.0000               0.4075
      0000000000   OCALA                                                34474    FL                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     232,500.00                     232,500.00   First Lien                                      0           232,500.00                         0.00                      -          265,000.00                    87.74               87.74   PMI                       LPMI                        25                                    6.290             0.250       0.0325     0.460               0.7425
      1103656229   TUALATIN                                             97062    OR                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     345,400.00                     345,400.00   First Lien                                      0           345,400.00                         0.00                      -          930,000.00                    37.14               37.14   No MI                     NO MI                        0                                    6.125             0.250       0.0325     0.000               0.2825
      1103656234   COMPTON                                              90221    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     321,600.00                     321,600.00   First Lien                                      0           402,000.00                    80,400.00                 402000              410000                    80.00              100.00   No MI                     NO MI                        0                                   6.8750            0.3750       0.0325    0.0000               0.4075
      1103656238   FILLMORE                                             93015    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     200,000.00                     200,000.00   First Lien                                      0           200,000.00                         0.00                      -          505,000.00                    39.61               39.61   No MI                     NO MI                        0                                    6.500             0.375       0.0325     0.000               0.4075
      1103656247   VISTA                                                92084    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     540,000.00                     540,000.00   First Lien                                      0           540,000.00                         0.00                      -          790,000.00                    68.36               68.36   No MI                     NO MI                        0                                    6.250             0.375       0.0325     0.000               0.4075
      1103656250   MIRAMAR                                              33025    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     240,000.00                     240,000.00   First Lien                                      0           300,000.00                    60,000.00                      -          300,000.00                    80.00              100.00   No MI                     NO MI                        0                                    6.800             0.375       0.0325     0.000               0.4075
      1103656255   XXXXXX                                               90745    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     431,200.00                     431,200.00   First Lien                                      0           539,000.00                   107,800.00                 539000              540000                    80.00              100.00   No MI                     NO MI                        0                                   6.7500            0.3750       0.0325    0.0000               0.4075
      1103656270   XXXXXX                                               90746    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     405,500.00                     405,500.00   First Lien                                      0           405,500.00                         0.00                      -          595,000.00                    68.16               68.16   No MI                     NO MI                        0                                    5.875             0.375       0.0325     0.000               0.4075
      0000000000   ALISO VIEJO                                          92656    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     440,000.00                     440,000.00   First Lien                                      0           440,000.00                         0.00                      -          825,000.00                    53.34               53.34   No MI                     NO MI                        0                                    6.000             0.250       0.0325     0.000               0.2825
      1103656297   COLTON                                               92324    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     325,000.00                     325,000.00   First Lien                                      0           325,000.00                         0.00                      -          415,000.00                    78.32               78.32   No MI                     NO MI                        0                                    6.500             0.375       0.0325     0.000               0.4075
      1103656341   XXXXXXXXXXX                                          00000    XX                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     342,000.00                     342,000.00   First Lien                                      0           342,000.00                         0.00                      -          530,000.00                    64.53               64.53   No MI                     NO MI                        0                                    6.250             0.375       0.0325     0.000               0.4075
      1103656391   OAKDALE                                              95361    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     201,600.00                     201,600.00   First Lien                                      0           273,600.00                    72,000.00                 288000              295000                    70.00               95.00   No MI                     NO MI                        0                                   6.7500            0.3750       0.0325    0.0000               0.4075
      0000000000   MILPITAS                                             95035    CA                             20070501                 20370401   ARMS                    Yes                                             360                    480                          360                     355,000.00                     355,000.00   First Lien                                      0           355,000.00                         0.00                      -          705,000.00                    50.36               50.36   No MI                     NO MI                        0                                    7.250             0.375       0.0325     0.000               0.4075
      1103656415   LA JOLLA                                             92037    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     468,000.00                     468,000.00   First Lien                                      0           585,000.00                   117,000.00                 585000              585000                    80.00              100.00   No MI                     NO MI                        0                                   6.1250            0.3750       0.0325    0.0000               0.4075
      1103656427   RODEO                                                94547    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     455,000.00                     455,000.00   First Lien                                      0           455,000.00                         0.00                      -          610,000.00                    74.60               74.60   No MI                     NO MI                        0                                    7.375             0.375       0.0325     0.000               0.4075
      1103656430   LA CRESCENTA                                         91214    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     488,000.00                     488,000.00   First Lien                                      0           488,000.00                         0.00                      -          945,000.00                    51.65               51.65   No MI                     NO MI                        0                                    6.000             0.375       0.0325     0.000               0.4075
      1103656441   XXXXXX VALLEY                                        92555    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     344,000.00                     344,000.00   First Lien                                      0           344,000.00                         0.00                      -          430,000.00                    80.00               80.00   No MI                     NO MI                        0                                    5.650             0.375       0.0325     0.000               0.4075
      1103656442   XXXXX                                                00000    XX                             00000000                 20370401   ARMS                    No                                              360                    360                          360                      75,000.00                      75,000.00   First Lien                                      0            90,000.00                    15,000.00                 100000              100000                    75.00               90.00   No MI                     NO MI                        0                                   6.8750            0.3750       0.0325    0.0000               0.4075
      1103656446   FORT XXXXX                                           33912    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     202,500.00                     202,500.00   First Lien                                      0           202,500.00                         0.00                      -          233,000.00                    86.91               86.91   PMI                       BPMI                        25                                    6.250             0.375       0.0325     0.000               0.4075
      1103656467   LONG BEACH                                           90814    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     616,000.00                     616,000.00   First Lien                                      0           616,000.00                         0.00                      -          900,000.00                    68.45               68.45   No MI                     NO MI                        0                                    5.750             0.375       0.0325     0.000               0.4075
      1103656469   SANTA XXXXXXX                                        93110    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     687,000.00                     687,000.00   First Lien                                      0           687,000.00                         0.00                      -        1,000,000.00                    68.70               68.70   No MI                     NO MI                        0                                    6.000             0.375       0.0325     0.000               0.4075
      1103656471   NORTHGLENN                                           80234    CO                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     167,200.00                     167,048.85   First Lien                                      0           209,000.00                    41,800.00                 209000              215000                    80.00              100.00   No MI                     NO MI                        0                                   6.5000            0.2500       0.0325    0.0000               0.2825
      1103656473   TORRANCE                                             90503    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     520,000.00                     520,000.00   First Lien                                      0           520,000.00                         0.00                      -          775,000.00                    67.10               67.10   No MI                     NO MI                        0                                    5.750             0.375       0.0325     0.000               0.4075
      1103656485   XXXXXXX                                              00000    XX                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     259,200.00                     259,200.00   First Lien                                      0           259,200.00                         0.00                 324000              340000                    80.00               80.00   No MI                     NO MI                        0                                   6.2500            0.3750       0.0325    0.0000               0.4075
      1103656490   SACRAMENTO                                           95828    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     301,500.00                     301,500.00   First Lien                                      0           301,500.00                         0.00                      -          335,000.00                    90.00               90.00   PMI                       LPMI                        25                                    7.625             0.375       0.0325     1.410               1.8175
      0000000000   LAGUNA HILLS                                         92653    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     485,000.00                     485,000.00   First Lien                                      0           485,000.00                         0.00                      -          820,000.00                    59.15               59.15   No MI                     NO MI                        0                                    5.875             0.375       0.0325     0.000               0.4075
      1103656534   CHULA VISTA                                          91915    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     450,000.00                     450,000.00   First Lien                                      0           570,000.00                   120,000.00                      -          600,000.00                    75.00               95.00   No MI                     NO MI                        0                                    6.875             0.375       0.0325     0.000               0.4075
      1103656544   MCCLELLANVILLE                                       29458    SC                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     130,000.00                     130,000.00   First Lien                                      0           130,000.00                         0.00                      -          351,500.00                    36.99               36.99   No MI                     NO MI                        0                                    5.440             0.375       0.0325     0.000               0.4075
      1103656547   PHOENIX                                              85051    AZ                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     182,700.00                     182,583.50   First Lien                                      0           182,700.00                         0.00                      -          203,000.00                    90.00               90.00   PMI                       LPMI                        25                                    8.250             0.375       0.0325     0.570               0.9775
      1103656568   ALTA LOMA                                            91701    CA                             20070401                 20220301   FIXED                   No                                              180                    180                          179                     650,000.00                     647,643.43   First Lien                                      0           650,000.00                         0.00                      -          860,000.00                    75.59               75.59   No MI                     NO MI                        0                                    5.375             0.250       0.0325     0.000               0.2825
      1103656569   SAN DIEGO                                            92154    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     417,000.00                     417,000.00   First Lien                                      0           554,000.00                   137,000.00                      -          560,000.00                    74.47               98.93   No MI                     NO MI                        0                                    6.750             0.375       0.0325     0.000               0.4075
      1103656570   PEYTON                                               80831    CO                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     299,200.00                     299,200.00   First Lien                                      0           370,000.00                    70,800.00                      -          374,000.00                    80.00               98.94   No MI                     NO MI                        0                                    6.500             0.250       0.0325     0.000               0.2825
      1103656572   VISTA                                                92084    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     366,700.00                     366,700.00   First Lien                                      0           489,000.00                   122,300.00                 489000              502000                    74.99              100.00   No MI                     NO MI                        0                                   6.7500            0.3750       0.0325    0.0000               0.4075
      1103656583   LONG BEACH                                           90815    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     424,900.00                     424,900.00   First Lien                                      0           607,000.00                   182,100.00                      -          607,000.00                    70.00              100.00   No MI                     NO MI                        0                                    6.000             0.375       0.0325     0.000               0.4075
      1103656594   LAKEWOOD                                             90716    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     484,000.00                     484,000.00   First Lien                                      0           544,500.00                    60,500.00                      -          605,000.00                    80.00               90.00   No MI                     NO MI                        0                                    6.500             0.375       0.0325     0.000               0.4075
      1103656613   SALINAS                                              93905    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     398,000.00                     398,000.00   First Lien                                      0           398,000.00                         0.00                      -          500,000.00                    79.60               79.60   No MI                     NO MI                        0                                    5.750             0.375       0.0325     0.000               0.4075
      1103656618   PASCO                                                99301    WA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     129,500.00                     129,500.00   First Lien                                      0           175,750.00                    46,250.00                      -          185,000.00                    70.00               95.00   No MI                     NO MI                        0                                    7.375             0.375       0.0325     0.000               0.4075
      1103656623   ROSAMOND                                             93560    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     153,000.00                     153,000.00   First Lien                                      0           153,000.00                         0.00                 170000              205000                    90.00               90.00   PMI                       LPMI                        25                                   9.0000            0.3750       0.0325    0.7200               1.1275
      1103656626   IMPERIAL                                             92251    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     150,000.00                     149,864.40   First Lien                                      0           150,000.00                         0.00                      -          215,000.00                    69.77               69.77   No MI                     NO MI                        0                                    6.500             0.375       0.0325     0.000               0.4075
      1103656631   LONG BEACH                                           90805    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     285,000.00                     285,000.00   First Lien                                      0           285,000.00                         0.00                      -          475,000.00                    60.00               60.00   No MI                     NO MI                        0                                    6.000             0.375       0.0325     0.000               0.4075
      1103656646   FRESNO                                               93703    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     185,500.00                     185,500.00   First Lien                                      0           238,500.00                    53,000.00                 265000              265000                    70.00               90.00   No MI                     NO MI                        0                                   6.9900            0.3750       0.0325    0.0000               0.4075
      1103656655   CORONA                                               92882    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     298,000.00                     298,000.00   First Lien                                      0           298,000.00                         0.00                      -          490,000.00                    60.82               60.82   No MI                     NO MI                        0                                    6.000             0.375       0.0325     0.000               0.4075
      1103656679   CHICAGO                                              60621    IL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     243,750.00                     243,750.00   First Lien                                      0           308,750.00                    65,000.00                 325000              325000                    75.00               95.00   No MI                     NO MI                        0                                   8.1250            0.3750       0.0325    0.0000               0.4075
      1103656681   HIGHLAND                                             92346    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     412,000.00                     412,000.00   First Lien                                      0           412,000.00                         0.00                      -          516,000.00                    79.85               79.85   No MI                     NO MI                        0                                    6.500             0.250       0.0325     0.000               0.2825
      1103656695   VICTORVILLE                                          92392    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     227,500.00                     227,500.00   First Lien                                      0           227,500.00                         0.00                      -          325,000.00                    70.00               70.00   No MI                     NO MI                        0                                    6.875             0.250       0.0325     0.000               0.2825
      1103656739   TAMARAC                                              33321    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     220,000.00                     220,000.00   First Lien                                      0           275,000.00                    55,000.00                 275000              275000                    80.00              100.00   No MI                     NO MI                        0                                   7.1250            0.3750       0.0325    0.0000               0.4075
      1103656742   LADSON                                               29456    SC                             20070401                 20370301   FIXED                   No                                              360                    360                          359                      72,800.00                      72,749.90   First Lien                                      0            86,450.00                    13,650.00                  91000               95000                    80.00               95.00   No MI                     NO MI                        0                                   7.8750            0.2500       0.0325    0.0000               0.2825
      1103656750   BUENA PARK                                           90621    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     687,000.00                     687,000.00   First Lien                                      0           687,000.00                         0.00                      -        1,021,000.00                    67.29               67.29   No MI                     NO MI                        0                                    5.875             0.375       0.0325     0.000               0.4075
      1103656761   TEMECULA                                             92591    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     535,000.00                     535,000.00   First Lien                                      0           535,000.00                         0.00                      -          910,000.00                    58.80               58.80   No MI                     NO MI                        0                                    5.875             0.375       0.0325     0.000               0.4075
      1103656788   CONROE                                               77303    TX                             20070501                 20370401   FIXED                   No                                              360                    360                          360                      90,000.00                      90,000.00   First Lien                                      0            90,000.00                         0.00                      -          115,000.00                    78.27               78.27   No MI                     NO MI                        0                                    6.750             0.250       0.0325     0.000               0.2825
      1103656798   XXXX XXXXXXXXXX                                      00000    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     116,150.00                     116,150.00   First Lien                                      0           139,350.00                    23,200.00                 154900              155000                    74.99               89.97   No MI                     NO MI                        0                                   6.8750            0.3750       0.0325    0.0000               0.4075
      1103656804   LA XXXXXX                                            91744    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     360,000.00                     360,000.00   First Lien                                      0           405,000.00                    45,000.00                      -          450,000.00                    80.00               90.00   No MI                     NO MI                        0                                    6.750             0.375       0.0325     0.000               0.4075
      1103656807   TACOMA                                               98443    WA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     640,000.00                     640,000.00   First Lien                                      0           748,000.00                   108,000.00                      -          815,000.00                    78.53               91.78   No MI                     NO MI                        0                                    5.750             0.250       0.0325     0.000               0.2825
      1103656818   XXXXXX XXXX                                          95037    CA                             20070301                 20370201   FIXED                   No                                              360                    360                          358                     649,000.00                     649,000.00   First Lien                                      0           649,000.00                         0.00                      -        1,650,000.00                    39.34               39.34   No MI                     NO MI                        0                                    6.625             0.250       0.0325     0.000               0.2825
      0000000000   ANAHEIM                                              92806    CA                             20070301                 20370201   FIXED                   No                                              360                    360                          358                     300,000.00                     299,415.35   First Lien                                      0           300,000.00                         0.00                      -          615,000.00                    48.79               48.79   No MI                     NO MI                        0                                    6.125             0.250       0.0325     0.000               0.2825
      1103656820   SANTA XXXXX                                          93454    CA                             20070301                 20370201   FIXED                   No                                              360                    360                          358                     466,050.00                     465,097.36   First Lien                                      0           466,050.00                         0.00                 582620              583000                    80.00               80.00   No MI                     NO MI                        0                                   5.8750            0.2500       0.0325    0.0000               0.2825
      1103656821   GARDEN GROVE                                         92840    CA                             20070301                 20220201   FIXED                   No                                              180                    180                          178                     495,000.00                     491,587.31   First Lien                                      0           495,000.00                         0.00                      -          770,000.00                    64.29               64.29   No MI                     NO MI                        0                                    6.000             0.250       0.0325     0.000               0.2825
      1103656822   SANTA XXXXX                                          93454    CA                             20070301                 20370201   FIXED                   No                                              360                    360                          358                     464,600.00                     463,627.53   First Lien                                      0           464,600.00                         0.00                 580750              581000                    80.00               80.00   No MI                     NO MI                        0                                   5.7500            0.2500       0.0325    0.0000               0.2825
      1103656823   MONTEREY PARK                                        91754    CA                             20070301                 20370201   FIXED                   No                                              360                    360                          358                     435,000.00                     434,956.25   First Lien                                      0           435,000.00                         0.00                 585000              600000                    74.36               74.36   No MI                     NO MI                        0                                   6.5000            0.2500       0.0325    0.0000               0.2825
      1103656824   BROOMFIELD                                           80020    CO                             20070301                 20370201   FIXED                   No                                              360                    360                          358                     248,000.00                     248,000.00   First Lien                                      0           248,000.00                         0.00                      -          310,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.750             0.250       0.0325     0.000               0.2825
      1103656825   MOUNTAIN CENTER (AREA)                               92561    CA                             20070301                 20370201   FIXED                   No                                              360                    360                          358                     227,250.00                     227,250.00   First Lien                                      0           227,250.00                         0.00                 252500              258000                    90.00               90.00   PMI                       BPMI                        25                                   6.3750            0.2500       0.0325    0.0000               0.2825
      1103656828   COLORADO SPRINGS                                     80919    CO                             20070301                 20370201   FIXED                   No                                              360                    360                          358                     574,000.00                     572,959.39   First Lien                                      0           717,500.00                   143,500.00                 717500              720000                    80.00              100.00   No MI                     NO MI                        0                                   6.5000            0.2500       0.0325    0.0000               0.2825
      1103656829   SANTA XXXXXXX                                        93109    CA                             20070301                 20370201   FIXED                   No                                              360                    360                          358                     650,000.00                     648,763.30   First Lien                                      0           780,000.00                   130,000.00                      -        1,275,000.00                    50.99               61.18   No MI                     NO MI                        0                                    6.250             0.250       0.0325     0.000               0.2825
      1103656830   SYLMAR                                               91342    CA                             20070301                 20370201   FIXED                   No                                              360                    360                          358                     266,250.00                     265,743.42   First Lien                                      0           266,250.00                         0.00                      -          355,000.00                    75.00               75.00   No MI                     NO MI                        0                                    6.250             0.250       0.0325     0.000               0.2825
      1103656831   FOUNTAIN VALLEY                                      92708    CA                             20070301                 20370201   FIXED                   No                                              360                    360                          358                     434,000.00                     433,174.27   First Lien                                      0           434,000.00                         0.00                 620000              650000                    70.00               70.00   No MI                     NO MI                        0                                   6.2500            0.2500       0.0325    0.0000               0.2825
      1103656832   WESTMINSTER                                          92683    CA                             20070301                 20370201   FIXED                   No                                              360                    360                          358                     431,250.00                     430,429.49   First Lien                                      0           431,250.00                         0.00                 575000              600000                    75.00               75.00   No MI                     NO MI                        0                                   6.2500            0.2500       0.0325    0.0000               0.2825
      1103656833   WESTMINSTER                                          92683    CA                             20070301                 20370201   FIXED                   No                                              360                    360                          358                     512,000.00                     511,049.06   First Lien                                      0           512,000.00                         0.00                      -          650,000.00                    78.77               78.77   No MI                     NO MI                        0                                    6.375             0.250       0.0325     0.000               0.2825
      1103656836   CHINO                                                91710    CA                             20070301                 20370201   FIXED                   No                                              360                    360                          358                     470,000.00                     470,000.00   First Lien                                      0           720,000.00                   250,000.00                      -          800,000.00                    58.75               90.00   No MI                     NO MI                        0                                    6.375             0.250       0.0325     0.000               0.2825
      1103656837   DINUBA                                               93618    CA                             20070301                 20370201   FIXED                   No                                              360                    360                          358                     180,000.00                     179,665.67   First Lien                                      0           180,000.00                         0.00                      -          225,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.375             0.250       0.0325     0.000               0.2825
      1103656838   OAKDALE                                              95361    CA                             20070301                 20370201   FIXED                   No                                              360                    360                          358                     284,000.00                     283,459.65   First Lien                                      0           284,000.00                         0.00                 524000              524000                    54.20               54.20   No MI                     NO MI                        0                                   6.2500            0.2500       0.0325    0.0000               0.2825
      1103656839   SANTA XXXX                                           95060    CA                             20070301                 20370201   FIXED                   No                                              360                    360                          358                     558,000.00                     558,000.00   First Lien                                      0           617,585.00                    59,585.00                      -          850,000.00                    65.65               72.66   No MI                     NO MI                        0                                    6.375             0.250       0.0325     0.000               0.2825
      1103656840   CORONA                                               92882    CA                             20070301                 20370201   FIXED                   No                                              360                    360                          358                     600,000.00                     598,988.97   First Lien                                      0           672,865.00                    72,865.00                      -          950,000.00                    63.16               70.83   No MI                     NO MI                        0                                    6.875             0.250       0.0325     0.000               0.2825
      1103656841   XXXXXXX                                              85296    AZ                             20070301                 20370201   FIXED                   No                                              360                    360                          358                     250,000.00                     249,512.78   First Lien                                      0           250,000.00                         0.00                      -          319,000.00                    78.37               78.37   No MI                     NO MI                        0                                    6.125             0.250       0.0325     0.000               0.2825
      1103656842   WESTMINSTER                                          92683    CA                             20070301                 20370201   FIXED                   No                                              360                    360                          358                     520,000.00                     519,102.06   First Lien                                      0           520,000.00                         0.00                      -          650,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.750             0.250       0.0325     0.000               0.2825
      0000000000   HANFORD                                              93230    CA                             20070301                 20370201   FIXED                   No                                              360                    360                          358                     559,000.00                     557,936.44   First Lien                                      0           559,000.00                         0.00                      -          716,000.00                    78.08               78.08   No MI                     NO MI                        0                                    6.250             0.250       0.0325     0.000               0.2825
      1103656844   WESTMINSTER                                          92683    CA                             20070301                 20370201   FIXED                   No                                              360                    360                          358                     470,000.00                     470,000.00   First Lien                                      0           500,000.00                    30,000.00                      -          595,000.00                    79.00               84.04   No MI                     NO MI                        0                                    6.750             0.250       0.0325     0.000               0.2825
      1103656845   NIPOMO                                               93444    CA                             20070301                 20370201   FIXED                   No                                              360                    360                          358                     720,000.00                     718,630.12   First Lien                                      0           720,000.00                         0.00                 900000              900000                    80.00               80.00   No MI                     NO MI                        0                                   6.2500            0.2500       0.0325    0.0000               0.2825
      1103656860   LAKEWOOD                                             90712    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     431,000.00                     430,600.81   First Lien                                      0           431,000.00                         0.00                      -          575,000.00                    74.96               74.96   No MI                     NO MI                        0                                    6.375             0.250       0.0325     0.000               0.2825
      1103656867   XXXXXXXX                                             30535    GA                             20070301                 20370201   FIXED                   No                                              360                    360                          358                     107,910.00                     107,910.00   First Lien                                      0           107,910.00                         0.00                 119900              120000                    90.00               90.00   PMI                       BPMI                        25                                   6.3750            0.2500       0.0325    0.0000               0.2825
      1103656870   STOCKTON                                             95204    CA                             20070201                 20370101   FIXED                   No                                              360                    360                          357                     262,400.00                     262,400.00   First Lien                                      0           311,502.00                    49,102.00                      -          328,000.00                    80.00               94.98   No MI                     NO MI                        0                                    6.000             0.250       0.0325     0.000               0.2825
      1103656878   MANTECA                                              95337    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     480,000.00                     480,000.00   First Lien                                      0           480,000.00                         0.00                      -          600,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.250             0.250       0.0325     0.000               0.2825
      1103656882   LAHAINA                                              96761    HI                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     478,500.00                     478,500.00   First Lien                                      0           478,500.00                         0.00                      -          638,000.00                    75.00               75.00   No MI                     NO MI                        0                                    7.375             0.375       0.0325     0.000               0.4075
      1103656886   MADERA                                               93638    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     213,000.00                     213,000.00   First Lien                                      0           255,600.00                    42,600.00                      -          284,000.00                    75.00               90.00   No MI                     NO MI                        0                                    6.250             0.375       0.0325     0.000               0.4075
      1103656897   LOS ANGELES                                          90210    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     639,200.00                     638,548.31   First Lien                                      0           639,200.00                         0.00                 799000              799000                    80.00               80.00   No MI                     NO MI                        0                                   5.8750            0.3750       0.0325    0.0000               0.4075
      0000000000   LIVERMORE                                            94550    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     670,000.00                     670,000.00   First Lien                                      0           670,000.00                         0.00                      -        1,285,000.00                    52.14               52.14   No MI                     NO MI                        0                                    5.750             0.250       0.0325     0.000               0.2825
      1103656911   CRESTLINE AREA                                       92407    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     190,000.00                     189,806.29   First Lien                                      0           190,000.00                         0.00                      -          300,000.00                    63.34               63.34   No MI                     NO MI                        0                                    5.875             0.250       0.0325     0.000               0.2825
      1103656912   ANAHEIM                                              92805    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     370,000.00                     369,604.45   First Lien                                      0           370,000.00                         0.00                      -          610,000.00                    60.66               60.66   No MI                     NO MI                        0                                    5.625             0.250       0.0325     0.000               0.2825
      1103656925   XXXXX SPRINGS                                        27540    NC                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     297,011.00                     297,011.00   First Lien                                      0           297,011.00                         0.00                 397011              398000                    74.82               74.82   No MI                     NO MI                        0                                   5.7500            0.2500       0.0325    0.0000               0.2825
      1103656947   SANTA CLARITA                                        91350    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     399,100.00                     399,100.00   First Lien                                      0           399,100.00                         0.00                      -          515,000.00                    77.50               77.50   No MI                     NO MI                        0                                    6.500             0.250       0.0325     0.000               0.2825
      1103656952   LAS VEGAS                                            89103    NV                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     282,500.00                     282,244.62   First Lien                                      0           342,500.00                    60,000.00                      -          355,000.00                    79.58               96.48   No MI                     NO MI                        0                                    6.500             0.375       0.0325     0.000               0.4075
      1103657001   MURRIETA                                             92563    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     383,000.00                     383,000.00   First Lien                                      0           383,000.00                         0.00                      -          525,000.00                    72.96               72.96   No MI                     NO MI                        0                                    6.250             0.375       0.0325     0.000               0.4075
      1103657011   TEMECULA                                             92591    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     480,000.00                     480,000.00   First Lien                                      0           480,000.00                         0.00                      -          600,000.00                    80.00               80.00   No MI                     NO MI                        0                                    7.000             0.375       0.0325     0.000               0.4075
      0000000000   FULLERTON                                            92833    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     408,000.00                     408,000.00   First Lien                                      0           510,000.00                   102,000.00                 510000              520000                    80.00              100.00   No MI                     NO MI                        0                                   6.1250            0.3750       0.0325    0.0000               0.4075
      1103657016   XXXXXXXX XXXX                                        00000    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     421,000.00                     420,610.07   First Lien                                      0           421,000.00                         0.00                      -          530,000.00                    79.44               79.44   No MI                     NO MI                        0                                    6.375             0.250       0.0325     0.000               0.2825
      1103657044   TEMECULA                                             92592    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     424,000.00                     424,000.00   First Lien                                      0           424,000.00                         0.00                      -          580,000.00                    73.11               73.11   No MI                     NO MI                        0                                    5.875             0.375       0.0325     0.000               0.4075
      1103657053   CITRUS HEIGHTS                                       95621    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     185,200.00                     185,200.00   First Lien                                      0           185,200.00                         0.00                      -          315,000.00                    58.80               58.80   No MI                     NO MI                        0                                    6.125             0.375       0.0325     0.000               0.4075
      0000000000   RIVERSIDE                                            92508    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     284,000.00                     284,000.00   First Lien                                      0           284,000.00                         0.00                      -          475,000.00                    59.79               59.79   No MI                     NO MI                        0                                    5.750             0.375       0.0325     0.000               0.4075
      1103657075   XXXX XXXXXXXXXX                                      00000    MD                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     460,000.00                     460,000.00   First Lien                                      0           575,000.00                   115,000.00                      -          575,000.00                    80.00              100.00   No MI                     NO MI                        0                                    7.875             0.375       0.0325     0.000               0.4075
      0000000000   EL CENTRO                                            92243    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     368,000.00                     368,000.00   First Lien                                      0           368,000.00                         0.00                      -          460,000.00                    80.00               80.00   No MI                     NO MI                        0                                    8.875             0.375       0.0325     0.000               0.4075
      1103657101   OCEANSIDE                                            92057    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     436,000.00                     436,000.00   First Lien                                      0           545,000.00                   109,000.00                 545000              575000                    80.00              100.00   No MI                     NO MI                        0                                   7.0000            0.3750       0.0325    0.0000               0.4075
      1103657105   MODESTO                                              95350    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     236,000.00                     236,000.00   First Lien                                      0           295,000.00                    59,000.00                 295000              305000                    80.00              100.00   No MI                     NO MI                        0                                   6.3750            0.3750       0.0325    0.0000               0.4075
      1103657119   COVINA                                               91723    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     440,000.00                     439,540.61   First Lien                                      0           550,000.00                   110,000.00                      -          550,000.00                    80.00              100.00   No MI                     NO MI                        0                                    5.750             0.375       0.0325     0.000               0.4075
      1103657120   XXXXXXX XXXXX                                        00000    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     198,000.00                     198,000.00   First Lien                                      0           198,000.00                         0.00                      -          264,000.00                    75.00               75.00   No MI                     NO MI                        0                                    7.750             0.375       0.0325     0.000               0.4075
      1103657131   HERCULES                                             94547    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     455,000.00                     455,000.00   First Lien                                      0           455,000.00                         0.00                      -          650,000.00                    70.00               70.00   No MI                     NO MI                        0                                    6.000             0.375       0.0325     0.000               0.4075
      1103657135   LOS ANGELES                                          90025    CA                             20070401                 20370301   FIXED                   Yes                                             360                    480                          359                     310,000.00                     309,838.98   First Lien                                      0           310,000.00                         0.00                      -          950,000.00                    32.64               32.64   No MI                     NO MI                        0                                    5.875             0.250       0.0325     0.000               0.2825
      1103657143   PETALUMA                                             94952    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     661,000.00                     661,000.00   First Lien                                      0           661,000.00                         0.00                      -          890,000.00                    74.27               74.27   No MI                     NO MI                        0                                    5.990             0.375       0.0325     0.000               0.4075
      1103657154   VALRICO                                              33594    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     156,750.00                     156,750.00   First Lien                                      0           156,750.00                         0.00                      -          209,000.00                    75.00               75.00   No MI                     NO MI                        0                                    6.375             0.375       0.0325     0.000               0.4075
      1103657160   OJAI                                                 93023    CA                             20070501                 20220401   FIXED                   No                                              180                    180                          180                     162,500.00                     162,500.00   First Lien                                      0           162,500.00                         0.00                      -          750,000.00                    21.67               21.67   No MI                     NO MI                        0                                    6.250             0.250       0.0325     0.000               0.2825
      1103657173   CLEARFIELD                                           84015    UT                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     155,400.00                     155,400.00   First Lien                                      0           210,900.00                    55,500.00                 222100              295700                    69.97               94.96   No MI                     NO MI                        0                                   6.1250            0.3750       0.0325    0.0000               0.4075
      0000000000   SOUTH PASADENA                                       91030    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     795,000.00                     795,000.00   First Lien                                      0           795,000.00                         0.00                      -        1,350,000.00                    58.89               58.89   No MI                     NO MI                        0                                    5.550             0.375       0.0325     0.000               0.4075
      1103657198   FREEHOLD                                             07728    NJ                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     525,000.00                     524,425.36   First Lien                                      0           525,000.00                         0.00                      -          750,000.00                    70.00               70.00   No MI                     NO MI                        0                                    5.500             0.250       0.0325     0.000               0.2825
      1103657201   MARICOPA                                             85239    AZ                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     215,000.00                     215,000.00   First Lien                                      0           215,000.00                         0.00                      -          290,000.00                    74.14               74.14   No MI                     NO MI                        0                                    7.000             0.375       0.0325     0.000               0.4075
      1103657206   XXXXXX XXXX                                          00000    TX                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     123,375.00                     123,375.00   First Lien                                      0           148,050.00                    24,675.00                 164500              169000                    75.00               90.00   No MI                     NO MI                        0                                   6.2500            0.3750       0.0325    0.0000               0.4075
      1103657219   XXXXXXXXX                                            30252    GA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     128,155.00                     128,155.00   First Lien                                      0           128,155.00                         0.00                 134900              142000                    95.00               95.00   PMI                       LPMI                        30                                   8.4700            0.3750       0.0325    0.6800               1.0875
      0000000000   (XXXXXX XXXX) LOS ANGELES                            91316    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     417,000.00                     417,000.00   First Lien                                      0           417,000.00                         0.00                      -          620,000.00                    67.26               67.26   No MI                     NO MI                        0                                    6.375             0.375       0.0325     0.000               0.4075
      1103657325   MIAMI                                                33173    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     149,391.00                     149,391.00   First Lien                                      0           149,391.00                         0.00                 165990              167000                    90.00               90.00   PMI                       LPMI                        25                                  11.7500            0.3750       0.0325    1.0900               1.4975
      1103657327   MODESTO                                              95354    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     140,900.00                     140,900.00   First Lien                                      0           181,200.00                    40,300.00                 201350              205000                    69.98               90.00   No MI                     NO MI                        0                                   5.6250            0.3750       0.0325    0.0000               0.4075
      1103657332   BROCKTON                                             02301    MA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     192,000.00                     191,869.86   First Lien                                      0           192,000.00                         0.00                      -          345,000.00                    55.66               55.66   No MI                     NO MI                        0                                    7.950             0.250       0.0325     0.000               0.2825
      1103657380   NORTH LAS VEGAS                                      89032    NV                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     206,000.00                     206,000.00   First Lien                                      0           257,500.00                    51,500.00                 257500              258000                    80.00              100.00   No MI                     NO MI                        0                                   7.5000            0.3750       0.0325    0.0000               0.4075
      1103657391   ORLANDO                                              32809    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     137,700.00                     137,700.00   First Lien                                      0           137,700.00                         0.00                 153000              153000                    90.00               90.00   PMI                       BPMI                        25                                   8.2500            0.3750       0.0325    0.0000               0.4075
      1103657405   JACKSONVILLE                                         32246    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     194,400.00                     194,400.00   First Lien                                      0           194,400.00                         0.00                      -          216,000.00                    90.00               90.00   PMI                       LPMI                        25                                    8.625             0.375       0.0325     0.620               1.0275
      1103657413   DAYTONA BEACH                                        32114    FL                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     276,250.00                     276,250.00   First Lien                                      0           276,250.00                         0.00                      -          325,000.00                    85.00               85.00   PMI                       LPMI                        22                                    8.250             0.250       0.0325     0.950               1.2325
      1103657414   MARGATE                                              33068    FL                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     199,000.00                     199,000.00   First Lien                                      0           199,000.00                         0.00                      -          270,000.00                    73.71               73.71   No MI                     NO MI                        0                                    6.250             0.250       0.0325     0.000               0.2825
      1103657415   SANTA XXXX                                           95060    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     873,600.00                     873,600.00   First Lien                                      0         1,092,000.00                   218,400.00                1092000             1092000                    80.00              100.00   No MI                     NO MI                        0                                   5.5500            0.3750       0.0325    0.0000               0.4075
      1103657434   MENDOTA                                              93640    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     176,250.00                     176,250.00   First Lien                                      0           176,250.00                         0.00                      -          242,500.00                    72.69               72.69   No MI                     NO MI                        0                                    5.950             0.250       0.0325     0.000               0.2825
      1103657436   CANYON COUNTRY                                       91387    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     403,200.00                     403,200.00   First Lien                                      0           403,200.00                         0.00                      -          504,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.500             0.375       0.0325     0.000               0.4075
      1103657457   SAN DIEGO                                            92114    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     275,100.00                     275,100.00   First Lien                                      0           275,100.00                         0.00                      -          440,000.00                    62.53               62.53   No MI                     NO MI                        0                                    6.250             0.250       0.0325     0.000               0.2825
      1103657458   SCHAUMBURG                                           60173    IL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     195,000.00                     195,000.00   First Lien                                      0           195,000.00                         0.00                      -          675,000.00                    28.89               28.89   No MI                     NO MI                        0                                    5.625             0.375       0.0325     0.000               0.4075
      1103657464   LAKE ELSINORE                                        92530    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     256,000.00                     256,000.00   First Lien                                      0           304,000.00                    48,000.00                      -          320,000.00                    80.00               95.00   No MI                     NO MI                        0                                    6.500             0.375       0.0325     0.000               0.4075
      1103657466   VISALIA                                              93291    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     289,000.00                     288,712.30   First Lien                                      0           289,000.00                         0.00                      -          717,000.00                    40.31               40.31   No MI                     NO MI                        0                                    6.000             0.375       0.0325     0.000               0.4075
      1103657467   KILAUEA                                              96722    HI                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     600,000.00                     600,000.00   First Lien                                      0           600,000.00                         0.00                      -          880,000.00                    68.19               68.19   No MI                     NO MI                        0                                    6.250             0.375       0.0325     0.000               0.4075
      1103657491   VALLEY SPRINGS                                       95252    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     320,000.00                     320,000.00   First Lien                                      0           320,000.00                         0.00                 400000              400000                    80.00               80.00   No MI                     NO MI                        0                                   6.7500            0.3750       0.0325    0.0000               0.4075
      1103657492   LOS ANGELES                                          91343    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     369,000.00                     369,000.00   First Lien                                      0           369,000.00                         0.00                      -          390,000.00                    94.62               94.62   PMI                       LPMI                        30                                    7.125             0.375       0.0325     1.280               1.6875
      0000000000   LONE TREE                                            80124    CO                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     712,000.00                     712,000.00   First Lien                                      0           845,500.00                   133,500.00                      -          890,000.00                    80.00               95.00   No MI                     NO MI                        0                                    6.625             0.375       0.0325     0.000               0.4075
      1103657504   SAN XXXX                                             95126    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     439,200.00                     439,200.00   First Lien                                      0           439,200.00                         0.00                 549000              550280                    80.00               80.00   No MI                     NO MI                        0                                   7.8000            0.3750       0.0325    0.0000               0.4075
      1103657517   WOODLAND HILLS                                       91364    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     700,000.00                     700,000.00   First Lien                                      0           700,000.00                         0.00                      -        1,000,000.00                    70.00               70.00   No MI                     NO MI                        0                                    5.500             0.375       0.0325     0.000               0.4075
      1103657522   EL DORADO HILLS                                      95762    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     355,000.00                     355,000.00   First Lien                                      0           355,000.00                         0.00                      -          900,000.00                    39.45               39.45   No MI                     NO MI                        0                                    6.000             0.375       0.0325     0.000               0.4075
      1103657537   CHULA VISTA                                          91915    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     355,500.00                     355,500.00   First Lien                                      0           355,500.00                         0.00                      -          380,000.00                    93.56               93.56   PMI                       LPMI                        30                                    6.875             0.375       0.0325     1.180               1.5875
      1103657540   LOS ANGELES                                          91402    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     456,000.00                     456,000.00   First Lien                                      0           513,000.00                    57,000.00                      -          570,000.00                    80.00               90.00   No MI                     NO MI                        0                                    6.875             0.375       0.0325     0.000               0.4075
      1103657542   PHOENIX                                              85033    AZ                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     147,920.00                     147,920.00   First Lien                                      0           184,900.00                    36,980.00                 184900              192000                    80.00              100.00   No MI                     NO MI                        0                                   7.4500            0.3750       0.0325    0.0000               0.4075
      1103657547   ESCONDIDO                                            92027    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     210,000.00                     210,000.00   First Lien                                      0           210,000.00                         0.00                      -          610,000.00                    34.43               34.43   No MI                     NO MI                        0                                    6.125             0.375       0.0325     0.000               0.4075
      1103657578   DENVER                                               80202    CO                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     297,600.00                     297,600.00   First Lien                                      0           372,000.00                    74,400.00                 372000              375000                    80.00              100.00   No MI                     NO MI                        0                                   6.7500            0.3750       0.0325    0.0000               0.4075
      1103657590   XXXXXXXXXX XXXXX                                     00000    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     537,000.00                     537,000.00   First Lien                                      0           537,000.00                         0.00                      -          720,000.00                    74.59               74.59   No MI                     NO MI                        0                                    6.375             0.375       0.0325     0.000               0.4075
      1103657592   DENVER                                               80202    CO                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     575,850.00                     575,850.00   First Lien                                      0           707,850.00                   132,000.00                      -          950,000.00                    60.62               74.52   No MI                     NO MI                        0                                    6.250             0.250       0.0325     0.000               0.2825
      1103657604   DORAL                                                33178    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     260,792.00                     260,792.00   First Lien                                      0           260,792.00                         0.00                 325990              326000                    80.00               80.00   No MI                     NO MI                        0                                   7.3750            0.3750       0.0325    0.0000               0.4075
      1103657616   LEHI                                                 84043    UT                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     230,550.00                     230,550.00   First Lien                                      0           307,400.00                    76,850.00                 307439              317000                    75.00               99.99   No MI                     NO MI                        0                                   6.3750            0.3750       0.0325    0.0000               0.4075
      1103657623   SAN DIEGO                                            92122    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     210,000.00                     210,000.00   First Lien                                      0           210,000.00                         0.00                      -          300,000.00                    70.00               70.00   No MI                     NO MI                        0                                    6.125             0.375       0.0325     0.000               0.4075
      1103657625   CORONA                                               92883    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     330,000.00                     330,000.00   First Lien                                      0           330,000.00                         0.00                      -          750,000.00                    44.00               44.00   No MI                     NO MI                        0                                    5.875             0.375       0.0325     0.000               0.4075
      1103657629   SAN DIEGO                                            92122    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     210,000.00                     210,000.00   First Lien                                      0           210,000.00                         0.00                      -          300,000.00                    70.00               70.00   No MI                     NO MI                        0                                    6.125             0.375       0.0325     0.000               0.4075
      1103657631   CANYON COUNTRY                                       91351    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     450,000.00                     450,000.00   First Lien                                      0           450,000.00                         0.00                      -          770,000.00                    58.45               58.45   No MI                     NO MI                        0                                    5.875             0.375       0.0325     0.000               0.4075
      1103657637   CORONA                                               92883    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     429,600.00                     429,600.00   First Lien                                      0           429,600.00                         0.00                      -          537,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.375             0.375       0.0325     0.000               0.4075
      1103657652   OCEANSIDE                                            92054    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     412,000.00                     412,000.00   First Lien                                      0           412,000.00                         0.00                      -          545,000.00                    75.60               75.60   No MI                     NO MI                        0                                    7.500             0.250       0.0325     0.000               0.2825
      1103657672   QUARTZ HILL (AREA)                                   93536    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     352,000.00                     352,000.00   First Lien                                      0           396,000.00                    44,000.00                      -          440,000.00                    80.00               90.00   No MI                     NO MI                        0                                    6.125             0.375       0.0325     0.000               0.4075
      0000000000   ONTARIO                                              91761    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     372,000.00                     372,000.00   First Lien                                      0           465,000.00                    93,000.00                 465000              465000                    80.00              100.00   No MI                     NO MI                        0                                   6.2500            0.3750       0.0325    0.0000               0.4075
      1103657683   LOS ANGELES                                          90067    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     426,000.00                     426,000.00   First Lien                                      0           426,000.00                         0.00                      -          695,000.00                    61.30               61.30   No MI                     NO MI                        0                                    5.875             0.375       0.0325     0.000               0.4075
      1103657685   XXXXXXX                                              00000    XX                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     192,500.00                     192,500.00   First Lien                                      0           192,500.00                         0.00                      -          335,000.00                    57.47               57.47   No MI                     NO MI                        0                                    6.250             0.250       0.0325     0.000               0.2825
      1103657697   XXXXX XXXXX                                          92887    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     302,400.00                     302,400.00   First Lien                                      0           378,000.00                    75,600.00                 378000              400000                    80.00              100.00   No MI                     NO MI                        0                                   7.3750            0.3750       0.0325    0.0000               0.4075
      1103657711   XXX XXXXXXXXXX XXXX                                  00000    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     208,000.00                     208,000.00   First Lien                                      0           208,000.00                         0.00                      -          320,000.00                    65.00               65.00   No MI                     NO MI                        0                                    5.750             0.375       0.0325     0.000               0.4075
      1103657722   XXXXX XXXXX                                          92887    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     324,000.00                     324,000.00   First Lien                                      0           405,000.00                    81,000.00                 405000              405000                    80.00              100.00   No MI                     NO MI                        0                                   6.2500            0.3750       0.0325    0.0000               0.4075
      1103657723   XXXXXXXXX                                            00000    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     315,000.00                     315,000.00   First Lien                                      0           315,000.00                         0.00                      -          424,000.00                    74.30               74.30   No MI                     NO MI                        0                                    6.000             0.250       0.0325     0.000               0.2825
      1103657729   POMONA                                               91768    CA                             20070501                 20370301   ARMS                    Yes                                             360                    480                          360                     356,000.00                     356,000.00   First Lien                                      0           445,000.00                    89,000.00                 445000              455000                    80.00              100.00   No MI                     NO MI                        0                                   6.8750            0.3750       0.0325    0.0000               0.4075
      1103657735   RICHMOND                                             23229    VA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     150,000.00                     149,869.33   First Lien                                      0           150,000.00                         0.00                      -          205,000.00                    73.18               73.18   No MI                     NO MI                        0                                    6.690             0.250       0.0325     0.000               0.2825
      1103657738   MURRIETA                                             92563    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     475,000.00                     475,000.00   First Lien                                      0           475,000.00                         0.00                      -          595,000.00                    79.84               79.84   No MI                     NO MI                        0                                    5.875             0.375       0.0325     0.000               0.4075
      1103657754   GLENDALE                                             91208    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     491,000.00                     490,475.09   First Lien                                      0           491,000.00                         0.00                      -          940,000.00                    52.24               52.24   No MI                     NO MI                        0                                    5.625             0.250       0.0325     0.000               0.2825
      0000000000   BAKERSFIELD                                          93313    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     206,800.00                     206,800.00   First Lien                                      0           258,500.00                    51,700.00                 258580              259000                    79.98               99.97   No MI                     NO MI                        0                                   7.2500            0.3750       0.0325    0.0000               0.4075
      1103657781   STOCKTON                                             95206    CA                             20070401                 20370401   FIXED                   Yes                                             360                    480                          359                     135,000.00                     134,934.47   First Lien                                      0           135,000.00                         0.00                      -          328,000.00                    41.16               41.16   No MI                     NO MI                        0                                    6.125             0.250       0.0325     0.000               0.2825
      1103657786   APPLE VALLEY                                         92308    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     222,500.00                     222,500.00   First Lien                                      0           222,500.00                         0.00                      -          300,000.00                    74.17               74.17   No MI                     NO MI                        0                                    7.000             0.375       0.0325     0.000               0.4075
      1103657787   XXXXXXXX XXXX                                        00000    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     490,000.00                     490,000.00   First Lien                                      0           490,000.00                         0.00                      -          635,000.00                    77.17               77.17   No MI                     NO MI                        0                                    6.750             0.375       0.0325     0.000               0.4075
      1103657805   LOS ANGELES                                          90011    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     233,000.00                     233,000.00   First Lien                                      0           333,000.00                   100,000.00                      -          425,000.00                    54.83               78.36   No MI                     NO MI                        0                                    6.125             0.375       0.0325     0.000               0.4075
      1103657808   LOS ANGELES                                          90002    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     344,000.00                     344,000.00   First Lien                                      0           408,500.00                    64,500.00                      -          440,000.00                    78.19               92.85   No MI                     NO MI                        0                                    5.875             0.375       0.0325     0.000               0.4075
      1103657812   FONTANA                                              92336    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     472,000.00                     472,000.00   First Lien                                      0           497,720.00                    25,720.00                      -          590,000.00                    80.00               84.36   No MI                     NO MI                        0                                    6.500             0.375       0.0325     0.000               0.4075
      1103657814   FONTANA AREA                                         92336    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     307,500.00                     307,500.00   First Lien                                      0           307,500.00                         0.00                      -          390,000.00                    78.85               78.85   No MI                     NO MI                        0                                    6.500             0.375       0.0325     0.000               0.4075
      0000000000   FONTANA                                              92335    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     284,800.00                     284,800.00   First Lien                                      0           356,000.00                    71,200.00                 356000              356000                    80.00              100.00   No MI                     NO MI                        0                                   6.8750            0.3750       0.0325    0.0000               0.4075
      1103657848   RIVERSIDE                                            92509    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     272,000.00                     272,000.00   First Lien                                      0           272,000.00                         0.00                      -          340,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.000             0.250       0.0325     0.000               0.2825
      1103657853   SANTA XXX                                            92701    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     498,750.00                     498,750.00   First Lien                                      0           598,500.00                    99,750.00                      -          665,000.00                    75.00               90.00   No MI                     NO MI                        0                                    6.750             0.375       0.0325     0.000               0.4075
      0000000000   LA XXXXXX AREA                                       91744    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     160,000.00                     160,000.00   First Lien                                      0           160,000.00                         0.00                      -          462,000.00                    34.64               34.64   No MI                     NO MI                        0                                    6.000             0.250       0.0325     0.000               0.2825
      1103657867   XXXX XXXXXXXXXX                                      00000    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     960,000.00                     960,000.00   First Lien                                      0           960,000.00                         0.00                      -        3,200,000.00                    30.00               30.00   No MI                     NO MI                        0                                    5.625             0.375       0.0325     0.000               0.4075
      1103657877   LOS ANGELES                                          90042    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     310,000.00                     310,000.00   First Lien                                      0           310,000.00                         0.00                      -          525,000.00                    59.05               59.05   No MI                     NO MI                        0                                    7.500             0.375       0.0325     0.000               0.4075
      1103657893   SPOKANE                                              99205    WA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     128,000.00                     128,000.00   First Lien                                      0           162,000.00                    34,000.00                      -          162,000.00                    79.02              100.00   No MI                     NO MI                        0                                    6.875             0.250       0.0325     0.000               0.2825
      1103657911   BEAUMONT                                             92223    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     280,000.00                     280,000.00   First Lien                                      0           350,000.00                    70,000.00                      -          350,000.00                    80.00              100.00   No MI                     NO MI                        0                                    6.375             0.375       0.0325     0.000               0.4075
      0000000000   LAS VEGAS                                            89110    NV                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     200,000.00                     200,000.00   First Lien                                      0           200,000.00                         0.00                      -          252,000.00                    79.37               79.37   No MI                     NO MI                        0                                    6.750             0.375       0.0325     0.000               0.4075
      1103657942   BAKERSFIELD                                          93307    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     242,000.00                     242,000.00   First Lien                                      0           242,000.00                         0.00                      -          312,000.00                    77.57               77.57   No MI                     NO MI                        0                                    6.375             0.250       0.0325     0.000               0.2825
      1103657948   SAVANNAH                                             38372    TN                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     102,600.00                     102,542.78   First Lien                                      0           102,600.00                         0.00                      -          114,000.00                    90.00               90.00   PMI                       LPMI                        25                                    8.900             0.375       0.0325     0.970               1.3775
      1103657955   LOS ANGELES                                          90047    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     368,000.00                     368,000.00   First Lien                                      0           368,000.00                         0.00                      -          460,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.875             0.375       0.0325     0.000               0.4075
      1103657958   MESA                                                 85207    AZ                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     126,400.00                     126,400.00   First Lien                                      0           179,900.00                    53,500.00                      -          193,000.00                    65.50               93.22   No MI                     NO MI                        0                                    6.750             0.375       0.0325     0.000               0.4075
      1103657967   PHOENIX                                              85087    AZ                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     160,900.00                     160,900.00   First Lien                                      0           160,900.00                         0.00                      -          380,000.00                    42.35               42.35   No MI                     NO MI                        0                                    5.875             0.375       0.0325     0.000               0.4075
      1103657971   XXXXXX                                               97469    OR                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     112,000.00                     112,000.00   First Lien                                      0           112,000.00                         0.00                      -          140,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.750             0.250       0.0325     0.000               0.2825
      1103657974   NORTH LAS VEGAS                                      89030    NV                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     160,000.00                     160,000.00   First Lien                                      0           160,000.00                         0.00                      -          205,000.00                    78.05               78.05   No MI                     NO MI                        0                                    7.125             0.375       0.0325     0.000               0.4075
      1103658003   MARICOPA                                             85239    AZ                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     220,500.00                     220,500.00   First Lien                                      0           299,250.00                    78,750.00                 315000              329000                    70.00               95.00   No MI                     NO MI                        0                                   7.3750            0.3750       0.0325    0.0000               0.4075
      1103658030   MARICOPA                                             85239    AZ                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     208,950.00                     208,950.00   First Lien                                      0           283,575.00                    74,625.00                 298500              320000                    70.00               95.00   No MI                     NO MI                        0                                   7.3750            0.3750       0.0325    0.0000               0.4075
      1103658037   CAVE CREEK                                           85331    AZ                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     540,000.00                     540,000.00   First Lien                                      0           540,000.00                         0.00                      -          720,000.00                    75.00               75.00   No MI                     NO MI                        0                                    6.000             0.375       0.0325     0.000               0.4075
      1103658041   XXXXXXXXXX                                           00000    AZ                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     211,000.00                     210,851.08   First Lien                                      0           211,000.00                         0.00                      -          300,000.00                    70.34               70.34   No MI                     NO MI                        0                                    7.750             0.250       0.0325     0.000               0.2825
      1103658044   VISTA                                                92081    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     258,750.00                     258,750.00   First Lien                                      0           258,750.00                         0.00                      -          345,000.00                    75.00               75.00   No MI                     NO MI                        0                                    7.250             0.375       0.0325     0.000               0.4075
      1103658051   XXXXXX                                               90810    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     412,000.00                     412,000.00   First Lien                                      0           412,000.00                         0.00                      -          515,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.875             0.375       0.0325     0.000               0.4075
      1103658080   WEST COVINA                                          91790    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     600,000.00                     600,000.00   First Lien                                      0           600,000.00                         0.00                      -          750,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.000             0.375       0.0325     0.000               0.4075
      1103658087   OLYMPIA                                              98512    WA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     130,000.00                     130,000.00   First Lien                                      0           130,000.00                         0.00                      -          200,000.00                    65.00               65.00   No MI                     NO MI                        0                                    6.875             0.375       0.0325     0.000               0.4075
      0000000000   CORONA                                               92883    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     310,400.00                     310,400.00   First Lien                                      0           310,400.00                         0.00                      -          850,000.00                    36.52               36.52   No MI                     NO MI                        0                                    5.800             0.375       0.0325     0.000               0.4075
      1103658127   XXXXX XXXXX                                          00000    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     175,000.00                     175,000.00   First Lien                                      0           175,000.00                         0.00                      -          510,000.00                    34.32               34.32   No MI                     NO MI                        0                                    6.250             0.250       0.0325     0.000               0.2825
      1103658133   XXX XXXXXXX XXXX                                     00000    CA                             20070501                 20370401   ARMS                    Yes                                             360                    480                          360                     348,000.00                     348,000.00   First Lien                                      0           348,000.00                         0.00                      -          435,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.250             0.375       0.0325     0.000               0.4075
      1103658142   SAN MARCOS                                           92069    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     393,750.00                     393,750.00   First Lien                                      0           393,750.00                         0.00                      -          525,000.00                    75.00               75.00   No MI                     NO MI                        0                                    6.250             0.375       0.0325     0.000               0.4075
      1103658149   HONOLULU                                             96815    HI                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     354,900.00                     354,900.00   First Lien                                      0           354,900.00                         0.00                 507000              507000                    70.00               70.00   No MI                     NO MI                        0                                   5.8750            0.3750       0.0325    0.0000               0.4075
      1103658170   VACAVILLE                                            95687    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     480,000.00                     480,000.00   First Lien                                      0           480,000.00                         0.00                      -          600,000.00                    80.00               80.00   No MI                     NO MI                        0                                    5.950             0.375       0.0325     0.000               0.4075
      1103658173   PORTLAND                                             97206    OR                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     108,000.00                     108,000.00   First Lien                                      0           128,250.00                    20,250.00                 135000              140000                    80.00               95.00   No MI                     NO MI                        0                                   7.7500            0.3750       0.0325    0.0000               0.4075
      0000000000   MIAMI                                                33166    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     320,000.00                     320,000.00   First Lien                                      0           320,000.00                         0.00                 400000              400000                    80.00               80.00   No MI                     NO MI                        0                                   7.8750            0.3750       0.0325    0.0000               0.4075
      1103658189   CALABASAS (AGOURA HILLS A                            91301    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     576,800.00                     576,800.00   First Lien                                      0           576,800.00                         0.00                      -          824,000.00                    70.00               70.00   No MI                     NO MI                        0                                    5.375             0.375       0.0325     0.000               0.4075
      1103658200   PITTSGROVE                                           08318    NJ                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     155,400.00                     155,400.00   First Lien                                      0           210,900.00                    55,500.00                 222000              222000                    70.00               95.00   No MI                     NO MI                        0                                   7.2500            0.3750       0.0325    0.0000               0.4075
      1103658209   NORWALK                                              06854    CT                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     550,000.00                     550,000.00   First Lien                                      0           550,000.00                         0.00                      -          760,000.00                    72.37               72.37   No MI                     NO MI                        0                                    5.750             0.375       0.0325     0.000               0.4075
      1103658228   OAKLAND                                              94621    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     295,000.00                     295,000.00   First Lien                                      0           295,000.00                         0.00                      -          575,000.00                    51.31               51.31   No MI                     NO MI                        0                                    6.375             0.250       0.0325     0.000               0.2825
      1103658234   BERLIN                                               21811    MD                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     480,000.00                     480,000.00   First Lien                                      0           480,000.00                         0.00                      -          600,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.000             0.375       0.0325     0.000               0.4075
      1103658240   RANCHO PALOS VERDES                                  90275    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     850,000.00                     850,000.00   First Lien                                      0           850,000.00                         0.00                      -        1,300,000.00                    65.39               65.39   No MI                     NO MI                        0                                    5.750             0.250       0.0325     0.000               0.2825
      1103658279   LANCASTER                                            93536    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     202,000.00                     202,000.00   First Lien                                      0           202,000.00                         0.00                      -          350,000.00                    57.72               57.72   No MI                     NO MI                        0                                    6.500             0.250       0.0325     0.000               0.2825
      1103658281   CLEARLAKE                                            95422    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     211,500.00                     211,500.00   First Lien                                      0           248,150.00                    36,650.00                 282000              282000                    75.00               88.00   No MI                     NO MI                        0                                   6.3750            0.3750       0.0325    0.0000               0.4075
      1103658291   XXXXX XXXXX                                          00000    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     462,000.00                     462,000.00   First Lien                                      0           462,000.00                         0.00                      -          630,000.00                    73.34               73.34   No MI                     NO MI                        0                                    6.375             0.250       0.0325     0.000               0.2825
      1103658295   HOLLYWOOD                                            33020    FL                             20070501                 20370401   ARMS                    Yes                                             360                    480                          360                     272,000.00                     272,000.00   First Lien                                      0           340,000.00                    68,000.00                 340000              340000                    80.00              100.00   No MI                     NO MI                        0                                   8.2500            0.3750       0.0325    0.0000               0.4075
      1103658338   DENVER                                               80206    CO                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     968,000.00                     968,000.00   First Lien                                      0           968,000.00                         0.00                1385000             1400000                    69.90               69.90   No MI                     NO MI                        0                                   5.8750            0.3750       0.0325    0.0000               0.4075
      0000000000   CARLSBAD                                             92011    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     565,000.00                     565,000.00   First Lien                                      0           565,000.00                         0.00                      -          870,000.00                    64.95               64.95   No MI                     NO MI                        0                                    5.875             0.375       0.0325     0.000               0.4075
      1103658395   LOMPOC                                               93436    CA                             20070501                 20370401   ARMS                    Yes                                             360                    480                          360                     252,000.00                     252,000.00   First Lien                                      0           252,000.00                         0.00                      -          370,000.00                    68.11               68.11   No MI                     NO MI                        0                                    6.250             0.375       0.0325     0.000               0.4075
      1103658403   WOODSIDE                                             94062    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     745,000.00                     745,000.00   First Lien                                      0           745,000.00                         0.00                1150000             1150000                    64.79               64.79   No MI                     NO MI                        0                                   6.7500            0.3750       0.0325    0.0000               0.4075
      1103658418   SOUTH SAN FRANCISCO                                  94080    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     400,000.00                     400,000.00   First Lien                                      0           400,000.00                         0.00                      -          785,000.00                    50.96               50.96   No MI                     NO MI                        0                                    6.250             0.250       0.0325     0.000               0.2825
      1103658423   OXNARD                                               93035    CA                             20070501                 20370401   ARMS                    Yes                                             360                    480                          360                     375,000.00                     375,000.00   First Lien                                      0           375,000.00                         0.00                      -          474,000.00                    79.12               79.12   No MI                     NO MI                        0                                    7.000             0.375       0.0325     0.000               0.4075
      1103658481   SAN XXXX                                             95135    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     520,500.00                     520,500.00   First Lien                                      0           520,500.00                         0.00                      -          995,000.00                    52.32               52.32   No MI                     NO MI                        0                                    5.625             0.375       0.0325     0.000               0.4075
      1103658503   ANAHEIM                                              92804    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     456,000.00                     456,000.00   First Lien                                      0           570,000.00                   114,000.00                 570000              575000                    80.00              100.00   No MI                     NO MI                        0                                   6.0000            0.3750       0.0325    0.0000               0.4075
      1103658540   LOS ANGELES                                          90044    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     470,000.00                     470,000.00   First Lien                                      0           470,000.00                         0.00                      -          610,000.00                    77.05               77.05   No MI                     NO MI                        0                                    6.750             0.250       0.0325     0.000               0.2825
      1103658544   RIVERSIDE                                            92507    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     294,300.00                     294,300.00   First Lien                                      0           294,300.00                         0.00                      -          327,000.00                    90.00               90.00   PMI                       LPMI                        25                                    8.000             0.375       0.0325     1.390               1.7975
      1103658545   LOS ANGELES                                          90032    CA                             20070501                 20220401   FIXED                   No                                              180                    180                          180                     306,000.00                     304,936.55   First Lien                                      0           306,000.00                         0.00                      -          445,000.00                    68.77               68.77   No MI                     NO MI                        0                                    5.875             0.250       0.0325     0.000               0.2825
      1103658555   HESPERIA                                             92344    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     282,900.00                     282,900.00   First Lien                                      0           353,600.00                    70,700.00                 353684              363040                    79.99               99.98   No MI                     NO MI                        0                                   6.2500            0.3750       0.0325    0.0000               0.4075
      1103658557   LYNWOOD                                              90262    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     290,500.00                     290,500.00   First Lien                                      0           290,500.00                         0.00                      -          415,000.00                    70.00               70.00   No MI                     NO MI                        0                                    6.375             0.250       0.0325     0.000               0.2825
      0000000000   PASADENA                                             91104    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     680,000.00                     680,000.00   First Lien                                      0           850,000.00                   170,000.00                 850000              850000                    80.00              100.00   No MI                     NO MI                        0                                   6.8750            0.3750       0.0325    0.0000               0.4075
      1103658599   LOS ANGELES                                          90002    CA                             20070301                 20370201   ARMS                    No                                              360                    360                          358                     388,000.00                     388,000.00   First Lien                                      0           460,750.00                    72,750.00                      -          485,000.00                    80.00               95.00   No MI                     NO MI                        0                                    7.000             0.375       0.0325     0.000               0.4075
      1103658600   LOS ANGELES                                          90061    CA                             20070301                 20370201   ARMS                    No                                              360                    360                          358                     249,375.00                     249,375.00   First Lien                                      0           315,875.00                    66,500.00                 332500              395000                    75.00               95.00   No MI                     NO MI                        0                                   6.7500            0.3750       0.0325    0.0000               0.4075
      1103658601   FONTANA                                              92336    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     480,000.00                     480,000.00   First Lien                                      0           600,000.00                   120,000.00                      -          600,000.00                    80.00              100.00   No MI                     NO MI                        0                                    6.125             0.375       0.0325     0.000               0.4075
      1103658602   BUENA PARK                                           90621    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     428,000.00                     428,000.00   First Lien                                      0           535,000.00                   107,000.00                 535000              540000                    80.00              100.00   No MI                     NO MI                        0                                   6.8750            0.3750       0.0325    0.0000               0.4075
      1103658603   SAN XXXX CAPISTRANO                                  92675    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     301,000.00                     301,000.00   First Lien                                      0           301,000.00                         0.00                      -          430,000.00                    70.00               70.00   No MI                     NO MI                        0                                    5.750             0.375       0.0325     0.000               0.4075
      1103658604   SAN XXXX CAPISTRANO                                  92675    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     262,500.00                     262,500.00   First Lien                                      0           262,500.00                         0.00                      -          375,000.00                    70.00               70.00   No MI                     NO MI                        0                                    5.750             0.375       0.0325     0.000               0.4075
      1103658605   ALHAMBRA                                             91803    CA                             20070301                 20370201   ARMS                    No                                              360                    360                          358                     500,000.00                     500,000.00   First Lien                                      0           566,500.00                    66,500.00                      -          667,000.00                    74.97               84.94   No MI                     NO MI                        0                                    6.125             0.375       0.0325     0.000               0.4075
      1103658606   PALMDALE                                             93552    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     240,000.00                     240,000.00   First Lien                                      0           240,000.00                         0.00                      -          320,000.00                    75.00               75.00   No MI                     NO MI                        0                                    6.250             0.375       0.0325     0.000               0.4075
      1103658607   LOS ANGELES                                          91604    CA                             20070301                 20370201   ARMS                    No                                              360                    360                          358                     485,000.00                     485,000.00   First Lien                                      0           485,000.00                         0.00                 865000              865000                    56.07               56.07   No MI                     NO MI                        0                                   6.1250            0.3750       0.0325    0.0000               0.4075
      1103658608   FREMONT                                              94536    CA                             20070301                 20370201   ARMS                    No                                              360                    360                          358                     215,000.00                     214,924.35   First Lien                                      0           215,000.00                         0.00                      -          520,000.00                    41.35               41.35   No MI                     NO MI                        0                                    6.375             0.375       0.0325     0.000               0.4075
      0000000000   LOS ANGELES                                          91342    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     440,000.00                     440,000.00   First Lien                                      0           550,000.00                   110,000.00                 550000              555000                    80.00              100.00   No MI                     NO MI                        0                                   7.0000            0.3750       0.0325    0.0000               0.4075
      1103658610   LOS ANGELES                                          91304    CA                             20070301                 20370201   ARMS                    No                                              360                    360                          358                     442,500.00                     442,500.00   First Lien                                      0           560,500.00                   118,000.00                 590000              720000                    75.00               95.00   No MI                     NO MI                        0                                   6.7500            0.3750       0.0325    0.0000               0.4075
      1103658611   PALMDALE                                             93551    CA                             20070301                 20370201   ARMS                    No                                              360                    360                          358                     440,000.00                     440,000.00   First Lien                                      0           550,000.00                   110,000.00                 550000              550000                    80.00              100.00   No MI                     NO MI                        0                                   7.0000            0.3750       0.0325    0.0000               0.4075
      1103658612   HESPERIA                                             92345    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     351,000.00                     351,000.00   First Lien                                      0           351,000.00                         0.00                      -          420,000.00                    83.58               83.58   PMI                       BPMI                        12                                    6.375             0.375       0.0325     0.000               0.4075
      1103658613   OAK PARK                                             91377    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     460,000.00                     460,000.00   First Lien                                      0           559,954.00                    99,954.00                      -          815,000.00                    56.45               68.71   No MI                     NO MI                        0                                    6.125             0.375       0.0325     0.000               0.4075
      1103658614   LOS ANGELES                                          91335    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     531,000.00                     531,000.00   First Lien                                      0           531,000.00                         0.00                      -          780,000.00                    68.08               68.08   No MI                     NO MI                        0                                    6.750             0.375       0.0325     0.000               0.4075
      1103658615   DIAMOND BAR                                          91765    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     405,000.00                     405,000.00   First Lien                                      0           405,000.00                         0.00                      -          710,000.00                    57.05               57.05   No MI                     NO MI                        0                                    5.875             0.375       0.0325     0.000               0.4075
      1103658616   LOMITA                                               90717    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     405,000.00                     405,000.00   First Lien                                      0           405,000.00                         0.00                      -          925,000.00                    43.79               43.79   No MI                     NO MI                        0                                    6.250             0.375       0.0325     0.000               0.4075
      1103658618   PERRIS                                               92570    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     354,392.00                     354,392.00   First Lien                                      0           442,990.00                    88,598.00                 442990              445000                    80.00              100.00   No MI                     NO MI                        0                                   5.6250            0.3750       0.0325    0.0000               0.4075
      1103658619   PALMDALE                                             93552    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     288,000.00                     288,000.00   First Lien                                      0           360,000.00                    72,000.00                 360000              360000                    80.00              100.00   No MI                     NO MI                        0                                   6.6250            0.3750       0.0325    0.0000               0.4075
      1103658620   CHICO                                                95928    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     356,250.00                     356,250.00   First Lien                                      0           475,000.00                   118,750.00                      -          475,000.00                    75.00              100.00   No MI                     NO MI                        0                                    6.875             0.375       0.0325     0.000               0.4075
      1103658621   SAN XXXX                                             95148    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     600,000.00                     600,000.00   First Lien                                      0           600,000.00                         0.00                      -          925,000.00                    64.87               64.87   No MI                     NO MI                        0                                    5.875             0.375       0.0325     0.000               0.4075
      1103658622   PETALUMA                                             94954    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     386,250.00                     386,250.00   First Lien                                      0           515,000.00                   128,750.00                 515000              515000                    75.00              100.00   No MI                     NO MI                        0                                   6.0000            0.3750       0.0325    0.0000               0.4075
      1103658623   LAS VEGAS                                            89139    NV                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     187,500.00                     187,500.00   First Lien                                      0           250,000.00                    62,500.00                 250000              250000                    75.00              100.00   No MI                     NO MI                        0                                   7.0000            0.3750       0.0325    0.0000               0.4075
      0000000000   SAN DIEGO                                            92111    CA                             20070301                 20370201   ARMS                    No                                              360                    360                          358                     344,250.00                     344,250.00   First Lien                                      0           459,000.00                   114,750.00                 459000              459000                    75.00              100.00   No MI                     NO MI                        0                                   5.3750            0.3750       0.0325    0.0000               0.4075
      1103658626   SAN DIEGO                                            92122    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     595,000.00                     595,000.00   First Lien                                      0           595,000.00                         0.00                 888373              920000                    66.98               66.98   No MI                     NO MI                        0                                   5.8750            0.3750       0.0325    0.0000               0.4075
      1103658627   LA CRESCENTA                                         91214    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     318,750.00                     318,750.00   First Lien                                      0           403,750.00                    85,000.00                 425000              530000                    75.00               95.00   No MI                     NO MI                        0                                   7.0000            0.3750       0.0325    0.0000               0.4075
      1103658631   EVERETT                                              98208    WA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     215,250.00                     215,250.00   First Lien                                      0           287,000.00                    71,750.00                      -          287,000.00                    75.00              100.00   No MI                     NO MI                        0                                    6.625             0.375       0.0325     0.000               0.4075
      1103658635   SAN BERNARDINO                                       92410    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     150,000.00                     150,000.00   First Lien                                      0           150,000.00                         0.00                      -          298,000.00                    50.34               50.34   No MI                     NO MI                        0                                    6.625             0.375       0.0325     0.000               0.4075
      1103658661   WESTMINSTER                                          92683    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     520,000.00                     519,430.83   First Lien                                      0           520,000.00                         0.00                      -          765,000.00                    67.98               67.98   No MI                     NO MI                        0                                    5.500             0.250       0.0325     0.000               0.2825
      1103658667   XXXXXXX XXXXX                                        00000    MN                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     118,930.00                     118,929.37   First Lien                                      0           161,405.00                    42,475.00                 169900              172000                    70.00               95.00   No MI                     NO MI                        0                                   6.8750            0.3750       0.0325    0.0000               0.4075
      1103658676   EL SEGUNDO                                           90245    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     802,500.00                     802,500.00   First Lien                                      0           802,500.00                         0.00                      -        1,070,000.00                    75.00               75.00   No MI                     NO MI                        0                                    6.375             0.375       0.0325     0.000               0.4075
      1103658689   JACKSONVILLE                                         32244    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     125,250.00                     125,250.00   First Lien                                      0           125,250.00                         0.00                      -          167,000.00                    75.00               75.00   No MI                     NO MI                        0                                    6.990             0.375       0.0325     0.000               0.4075
      1103658713   XXXXXX XXXXX XXXX                                    00000    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     412,000.00                     412,000.00   First Lien                                      0           412,000.00                         0.00                 515000              515000                    80.00               80.00   No MI                     NO MI                        0                                   9.1250            0.3750       0.0325    0.0000               0.4075
      1103658715   SAN XXXX CAPISTRANO                                  92675    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     266,500.00                     266,500.00   First Lien                                      0           266,500.00                         0.00                      -          410,000.00                    65.00               65.00   No MI                     NO MI                        0                                    5.625             0.375       0.0325     0.000               0.4075
      1103658726   OLYMPIA                                              98512    WA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     340,000.00                     340,000.00   First Lien                                      0           374,000.00                    34,000.00                      -          425,000.00                    80.00               88.00   No MI                     NO MI                        0                                    6.750             0.375       0.0325     0.000               0.4075
      0000000000   ANAHEIM                                              92807    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     305,000.00                     305,000.00   First Lien                                      0           305,000.00                         0.00                      -          600,000.00                    50.84               50.84   No MI                     NO MI                        0                                    6.000             0.250       0.0325     0.000               0.2825
      1103658783   XXXX XXXXX XXXXXXX                                   00000    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     319,900.00                     319,900.00   First Lien                                      0           319,900.00                         0.00                      -          400,000.00                    79.98               79.98   No MI                     NO MI                        0                                    7.750             0.375       0.0325     0.000               0.4075
      1103658797   FALLBROOK                                            92028    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     680,000.00                     680,000.00   First Lien                                      0           807,500.00                   127,500.00                 850000              875000                    80.00               95.00   No MI                     NO MI                        0                                   7.0000            0.3750       0.0325    0.0000               0.4075
      1103658812   XXXXXXXXXXXX XXXXX                                   00000    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     404,925.00                     404,925.00   First Lien                                      0           404,925.00                         0.00                 539900              539900                    75.00               75.00   No MI                     NO MI                        0                                   5.8750            0.3750       0.0325    0.0000               0.4075
      1103658827   XXXXXXX XXXXX                                        00000    FL                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     288,500.00                     288,205.86   First Lien                                      0           288,500.00                         0.00                      -          400,000.00                    72.13               72.13   No MI                     NO MI                        0                                    5.875             0.250       0.0325     0.000               0.2825
      1103658828   MILLSTONE                                            08691    NJ                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     742,000.00                     742,000.00   First Lien                                      0           900,000.00                   158,000.00                      -        1,060,000.00                    70.00               84.91   No MI                     NO MI                        0                                    6.250             0.250       0.0325     0.000               0.2825
      0000000000   HOUSTON                                              77008    TX                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     351,200.00                     350,836.71   First Lien                                      0           351,200.00                         0.00                 439000              439000                    80.00               80.00   No MI                     NO MI                        0                                   5.7990            0.2500       0.0325    0.0000               0.2825
      1103658832   INVERNESS                                            34453    FL                             20070401                 20370301   FIXED                   No                                              360                    360                          359                      85,000.00                      84,926.82   First Lien                                      0            85,000.00                         0.00                      -          122,000.00                    69.68               69.68   No MI                     NO MI                        0                                    6.750             0.250       0.0325     0.000               0.2825
      1103658834   AUSTIN                                               78730    TX                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     508,000.00                     507,482.06   First Lien                                      0           508,000.00                         0.00                 635000              645000                    80.00               80.00   No MI                     NO MI                        0                                   5.8750            0.2500       0.0325    0.0000               0.2825
      1103658835   MIAMI                                                33161    FL                             20070201                 20370101   FIXED                   No                                              360                    360                          357                     416,000.00                     414,784.08   First Lien                                      0           416,000.00                         0.00                      -          520,000.00                    80.00               80.00   No MI                     NO MI                        0                                    7.625             0.250       0.0325     0.000               0.2825
      1103658836   ASHBURN                                              20147    VA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     470,000.00                     470,000.00   First Lien                                      0           470,000.00                         0.00                 600000              603000                    78.34               78.34   No MI                     NO MI                        0                                   6.0000            0.2500       0.0325    0.0000               0.2825
      1103658837   WESTPORT                                             06880    CT                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     850,000.00                     849,173.85   First Lien                                      0           850,000.00                         0.00                      -        1,290,000.00                    65.90               65.90   No MI                     NO MI                        0                                    6.125             0.250       0.0325     0.000               0.2825
      1103658838   XXXX XXXX XXXXX                                      00000    FL                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     675,000.00                     674,404.46   First Lien                                      0           675,000.00                         0.00                      -          900,000.00                    75.00               75.00   No MI                     NO MI                        0                                    6.625             0.250       0.0325     0.000               0.2825
      1103658839   MILFORD                                              48381    MI                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     273,750.00                     273,229.15   First Lien                                      0           365,000.00                    91,250.00                      -          365,000.00                    75.00              100.00   No MI                     NO MI                        0                                    6.250             0.250       0.0325     0.000               0.2825
      1103658840   BROOKEVILLE                                          20833    MD                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     393,750.00                     393,358.02   First Lien                                      0           393,750.00                         0.00                      -          525,000.00                    75.00               75.00   No MI                     NO MI                        0                                    6.000             0.250       0.0325     0.000               0.2825
      1103658841   OLNEY                                                20832    MD                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     273,000.00                     272,386.79   First Lien                                      0           273,000.00                         0.00                      -          480,000.00                    56.88               56.88   No MI                     NO MI                        0                                    5.375             0.250       0.0325     0.000               0.2825
      1103658842   XXXXXXX                                              06484    CT                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     340,800.00                     340,460.73   First Lien                                      0           383,400.00                    42,600.00                      -          426,000.00                    80.00               90.00   No MI                     NO MI                        0                                    6.000             0.250       0.0325     0.000               0.2825
      1103658846   LITTLE FALLS                                         07424    NJ                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     249,000.00                     249,000.00   First Lien                                      0           249,000.00                         0.00                      -          367,000.00                    67.85               67.85   No MI                     NO MI                        0                                    6.125             0.250       0.0325     0.000               0.2825
      1103658851   COLONIAL BEACH                                       22443    VA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     490,000.00                     489,500.42   First Lien                                      0           490,000.00                         0.00                      -          700,000.00                    70.00               70.00   No MI                     NO MI                        0                                    5.875             0.250       0.0325     0.000               0.2825
      1103658861   ORANGE                                               92865    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     455,200.00                     455,200.00   First Lien                                      0           569,000.00                   113,800.00                 569000              569000                    80.00              100.00   No MI                     NO MI                        0                                   6.3750            0.2500       0.0325    0.0000               0.2825
      1103658877   RESCUE                                               95672    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     410,000.00                     410,000.00   First Lien                                      0           410,000.00                         0.00                      -          705,000.00                    58.16               58.16   No MI                     NO MI                        0                                    5.750             0.375       0.0325     0.000               0.4075
      1103658886   SIMI VALLEY                                          93063    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     605,000.00                     605,000.00   First Lien                                      0           605,000.00                         0.00                      -          870,000.00                    69.55               69.55   No MI                     NO MI                        0                                    6.125             0.375       0.0325     0.000               0.4075
      1103658899   MIRAMAR                                              33025    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     242,250.00                     242,250.00   First Lien                                      0           242,250.00                         0.00                      -          285,000.00                    85.00               85.00   PMI                       LPMI                        22                                    6.625             0.375       0.0325     0.840               1.2475
      1103658908   KISSIMMEE                                            34744    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     213,000.00                     213,000.00   First Lien                                      0           213,000.00                         0.00                 237000              237300                    89.88               89.88   PMI                       LPMI                        25                                   6.6900            0.3750       0.0325    0.4200               0.8275
      1103658915   LAWNDALE                                             90260    CA                             20070401                 20220301   FIXED                   No                                              180                    180                          179                      77,000.00                      76,732.40   First Lien                                      0            77,000.00                         0.00                      -          550,000.00                    14.00               14.00   No MI                     NO MI                        0                                    5.875             0.250       0.0325     0.000               0.2825
      0000000000   WINCHESTER                                           92596    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     424,000.00                     424,000.00   First Lien                                      0           467,000.00                    43,000.00                      -          530,000.00                    80.00               88.12   No MI                     NO MI                        0                                    6.000             0.375       0.0325     0.000               0.4075
      1103658933   TEXAS CITY                                           77590    TX                             20070501                 20370401   ARMS                    No                                              360                    360                          360                      88,500.00                      88,500.00   First Lien                                      0           112,100.00                    23,600.00                 118000              118000                    75.00               95.00   No MI                     NO MI                        0                                   7.3750            0.3750       0.0325    0.0000               0.4075
      1103658934   SURPRISE                                             85379    AZ                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     159,990.00                     159,990.00   First Lien                                      0           199,990.00                    40,000.00                 199990              200000                    80.00              100.00   No MI                     NO MI                        0                                   8.1250            0.3750       0.0325    0.0000               0.4075
      1103658938   ROCKLIN                                              95765    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     438,400.00                     438,400.00   First Lien                                      0           438,400.00                         0.00                      -          548,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.875             0.375       0.0325     0.000               0.4075
      1103658952   PERRIS                                               92571    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     200,000.00                     200,000.00   First Lien                                      0           200,000.00                         0.00                      -          320,000.00                    62.50               62.50   No MI                     NO MI                        0                                    5.875             0.375       0.0325     0.000               0.4075
      1103658970   LAGUNA BEACH                                         92653    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     560,000.00                     560,000.00   First Lien                                      0           560,000.00                         0.00                      -          975,000.00                    57.44               57.44   No MI                     NO MI                        0                                    6.125             0.250       0.0325     0.000               0.2825
      0000000000   DETROIT                                              48203    MI                             20070401                 20370301   ARMS                    No                                              360                    360                          359                      74,200.00                      74,200.00   First Lien                                      0           100,700.00                    26,500.00                 106000              106000                    70.00               95.00   No MI                     NO MI                        0                                   6.8750            0.3750       0.0325    0.0000               0.4075
      1103658991   XXXXXX ISLAND                                        98040    WA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     670,000.00                     669,300.48   First Lien                                      0           670,000.00                         0.00                 860000              863000                    77.91               77.91   No MI                     NO MI                        0                                   5.7500            0.2500       0.0325    0.0000               0.2825
      1103658992   EL MONTE                                             91732    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     313,600.00                     313,600.00   First Lien                                      0           313,600.00                         0.00                 392000              440000                    80.00               80.00   No MI                     NO MI                        0                                   7.2500            0.3750       0.0325    0.0000               0.4075
      1103659047   LAKE XXXXXXX                                         98258    WA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     228,800.00                     228,800.00   First Lien                                      0           271,700.00                    42,900.00                 286000              286000                    80.00               95.00   No MI                     NO MI                        0                                   8.6750            0.3750       0.0325    0.0000               0.4075
      0000000000   MURRIETA                                             92563    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     210,000.00                     210,000.00   First Lien                                      0           210,000.00                         0.00                      -          310,000.00                    67.75               67.75   No MI                     NO MI                        0                                    6.375             0.375       0.0325     0.000               0.4075
      1103659081   SAN PABLO                                            94806    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     295,000.00                     295,000.00   First Lien                                      0           295,000.00                         0.00                      -          463,000.00                    63.72               63.72   No MI                     NO MI                        0                                    5.750             0.375       0.0325     0.000               0.4075
      1103659106   PAWLEYS ISLAND                                       29585    SC                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     107,100.00                     107,100.00   First Lien                                      0           127,150.00                    20,050.00                 133900              175000                    79.99               94.96   No MI                     NO MI                        0                                   8.2500            0.3750       0.0325    0.0000               0.4075
      1103659137   WOODBRIDGE                                           22191    VA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     120,000.00                     120,000.00   First Lien                                      0           120,000.00                         0.00                      -          320,000.00                    37.50               37.50   No MI                     NO MI                        0                                    6.875             0.250       0.0325     0.000               0.2825
      1103659146   XXXXX XXXXXXXXXX                                     00000    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     116,000.00                     116,000.00   First Lien                                      0           116,000.00                         0.00                      -          145,000.00                    80.00               80.00   No MI                     NO MI                        0                                    7.750             0.375       0.0325     0.000               0.4075
      1103659150   COVINA                                               91723    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     472,000.00                     472,000.00   First Lien                                      0           472,000.00                         0.00                      -          590,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.375             0.375       0.0325     0.000               0.4075
      1103659166   PALM DESERT                                          92211    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     330,000.00                     330,000.00   First Lien                                      0           330,000.00                         0.00                      -          510,000.00                    64.71               64.71   No MI                     NO MI                        0                                    5.750             0.375       0.0325     0.000               0.4075
      1103659176   OLYMPIA                                              98516    WA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     272,000.00                     272,000.00   First Lien                                      0           272,000.00                         0.00                 340000              340000                    80.00               80.00   No MI                     NO MI                        0                                   6.9900            0.3750       0.0325    0.0000               0.4075
      1103659180   CENTENNIAL                                           80015    CO                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     216,000.00                     215,795.05   First Lien                                      0           216,000.00                         0.00                      -          270,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.250             0.375       0.0325     0.000               0.4075
      1103659207   HARBOR CITY                                          90710    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     510,400.00                     510,400.00   First Lien                                      0           606,100.00                    95,700.00                 638000              638000                    80.00               95.00   No MI                     NO MI                        0                                   6.2500            0.2500       0.0325    0.0000               0.2825
      1103659209   SANTA XXX                                            92707    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     547,000.00                     547,000.00   First Lien                                      0           547,000.00                         0.00                      -          730,000.00                    74.94               74.94   No MI                     NO MI                        0                                    6.000             0.375       0.0325     0.000               0.4075
      1103659272   SAN DIEGO                                            92154    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     382,400.00                     382,400.00   First Lien                                      0           478,000.00                    95,600.00                      -          478,000.00                    80.00              100.00   No MI                     NO MI                        0                                    6.875             0.375       0.0325     0.000               0.4075
      0000000000   BAKERSFIELD                                          93313    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     206,200.00                     206,200.00   First Lien                                      0           244,800.00                    38,600.00                 257820              258000                    79.98               94.95   No MI                     NO MI                        0                                   7.2500            0.3750       0.0325    0.0000               0.4075
      1103659286   COMPTON                                              90221    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     195,000.00                     195,000.00   First Lien                                      0           195,000.00                         0.00                      -          420,000.00                    46.43               46.43   No MI                     NO MI                        0                                    6.625             0.250       0.0325     0.000               0.2825
      1103659293   LOS ANGELES                                          90037    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     143,000.00                     143,000.00   First Lien                                      0           143,000.00                         0.00                      -          450,000.00                    31.78               31.78   No MI                     NO MI                        0                                    6.500             0.250       0.0325     0.000               0.2825
      1103659331   RANCHO XXXXXXX                                       95670    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     304,000.00                     304,000.00   First Lien                                      0           342,000.00                    38,000.00                      -          380,000.00                    80.00               90.00   No MI                     NO MI                        0                                    6.250             0.375       0.0325     0.000               0.4075
      1103659333   SACRAMENTO                                           95832    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     164,720.00                     164,720.00   First Lien                                      0           195,605.00                    30,885.00                 205900              205900                    80.00               95.00   No MI                     NO MI                        0                                   7.2500            0.3750       0.0325    0.0000               0.4075
      1103659341   CENTENNIAL                                           80112    CO                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     217,200.00                     217,200.00   First Lien                                      0           271,500.00                    54,300.00                 271500              272000                    80.00              100.00   No MI                     NO MI                        0                                   6.2500            0.3750       0.0325    0.0000               0.4075
      1103659374   HARTFORD                                             06114    CT                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     224,000.00                     224,000.00   First Lien                                      0           280,000.00                    56,000.00                 280000              280000                    80.00              100.00   No MI                     NO MI                        0                                   7.5000            0.3750       0.0325    0.0000               0.4075
      1103659437   XXXXXXXXX XXXX                                       00000    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     387,000.00                     387,000.00   First Lien                                      0           387,000.00                         0.00                      -        1,250,000.00                    30.96               30.96   No MI                     NO MI                        0                                    6.250             0.375       0.0325     0.000               0.4075
      1103659442   LOS ANGELES                                          91307    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     270,000.00                     270,000.00   First Lien                                      0           270,000.00                         0.00                      -          600,000.00                    45.00               45.00   No MI                     NO MI                        0                                    5.750             0.250       0.0325     0.000               0.2825
      1103659473   ALTADENA                                             91001    CA                             20070501                 20370401   FIXED                   Yes                                             360                    480                          360                     640,000.00                     640,000.00   First Lien                                      0           640,000.00                         0.00                      -          950,000.00                    67.37               67.37   No MI                     NO MI                        0                                    6.125             0.250       0.0325     0.000               0.2825
      1103659475   BOISE                                                83714    ID                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     550,000.00                     550,000.00   First Lien                                      0           550,000.00                         0.00              700353.53              707000                    78.54               78.54   No MI                     NO MI                        0                                   5.6250            0.2500       0.0325    0.0000               0.2825
      1103659600   DENVER                                               80220    CO                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     542,500.00                     542,500.00   First Lien                                      0           542,500.00                         0.00                      -          775,000.00                    70.00               70.00   No MI                     NO MI                        0                                    5.625             0.375       0.0325     0.000               0.4075
      1103659608   WALNUT                                               91789    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     350,000.00                     350,000.00   First Lien                                      0           350,000.00                         0.00                      -          590,000.00                    59.33               59.33   No MI                     NO MI                        0                                    6.375             0.375       0.0325     0.000               0.4075
      1103659613   BOCA RATON                                           33434    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     296,000.00                     296,000.00   First Lien                                      0           370,000.00                    74,000.00                 370000              380000                    80.00              100.00   No MI                     NO MI                        0                                   7.2500            0.3750       0.0325    0.0000               0.4075
      1103659637   CENTENNIAL                                           80015    CO                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     178,100.00                     178,100.00   First Lien                                      0           178,100.00                         0.00                      -          250,000.00                    71.24               71.24   No MI                     NO MI                        0                                    6.250             0.375       0.0325     0.000               0.4075
      1103659639   XXXXXX VALLEY                                        92557    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     269,000.00                     269,000.00   First Lien                                      0           269,000.00                         0.00                      -          420,000.00                    64.05               64.05   No MI                     NO MI                        0                                    6.250             0.250       0.0325     0.000               0.2825
      0000000000   GLENDALE                                             91201    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     665,000.00                     664,413.28   First Lien                                      0           665,000.00                         0.00                      -          950,000.00                    70.00               70.00   No MI                     NO MI                        0                                    6.625             0.250       0.0325     0.000               0.2825
      1103659727   SANTA XXX                                            92701    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     448,000.00                     448,000.00   First Lien                                      0           576,000.00                   128,000.00                 640000              680000                    70.00               90.00   No MI                     NO MI                        0                                   6.8750            0.3750       0.0325    0.0000               0.4075
      1103659728   POMONA                                               91767    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     144,000.00                     144,000.00   First Lien                                      0           144,000.00                         0.00                      -          440,000.00                    32.73               32.73   No MI                     NO MI                        0                                    6.125             0.250       0.0325     0.000               0.2825
      1103659753   WHITTIER                                             90606    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     245,000.00                     245,000.00   First Lien                                      0           245,000.00                         0.00                      -          515,000.00                    47.58               47.58   No MI                     NO MI                        0                                    6.000             0.375       0.0325     0.000               0.4075
      0000000000   XXXXXXX XXXX                                         00000    IL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     352,000.00                     352,000.00   First Lien                                      0           385,000.00                    33,000.00                      -          440,000.00                    80.00               87.50   No MI                     NO MI                        0                                    7.000             0.375       0.0325     0.000               0.4075
      1103659784   LOS ANGELES                                          90064    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     488,000.00                     488,000.00   First Lien                                      0           488,000.00                         0.00                      -        1,175,000.00                    41.54               41.54   No MI                     NO MI                        0                                    6.125             0.250       0.0325     0.000               0.2825
      1103659804   SPRING HILL                                          34608    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     157,500.00                     157,500.00   First Lien                                      0           157,500.00                         0.00                      -          210,000.00                    75.00               75.00   No MI                     NO MI                        0                                    7.875             0.375       0.0325     0.000               0.4075
      1103659836   DENVER                                               80246    CO                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     592,500.00                     592,500.00   First Lien                                      0           592,500.00                         0.00                 790000              795000                    75.00               75.00   No MI                     NO MI                        0                                   6.0000            0.3750       0.0325    0.0000               0.4075
      1103659838   STOCKTON                                             95219    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     480,000.00                     480,000.00   First Lien                                      0           480,000.00                         0.00                      -          850,000.00                    56.48               56.48   No MI                     NO MI                        0                                    5.750             0.375       0.0325     0.000               0.4075
      1103659840   XXXXXXX XXXXX                                        00000    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     873,000.00                     873,000.00   First Lien                                      0           873,000.00                         0.00                1116000             1135000                    78.23               78.23   No MI                     NO MI                        0                                   6.3750            0.3750       0.0325    0.0000               0.4075
      1103659859   ORLANDO                                              32819    FL                             20070201                 20370101   ARMS                    No                                              360                    360                          357                     144,000.00                     144,000.00   First Lien                                      0           144,000.00                         0.00                 180000              195000                    80.00               80.00   No MI                     NO MI                        0                                   8.7500            0.3750       0.0325    0.0000               0.4075
      1103659884   XXXXX XXXXX                                          92886    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     343,500.00                     343,500.00   First Lien                                      0           343,500.00                         0.00                      -          700,000.00                    49.08               49.08   No MI                     NO MI                        0                                    5.750             0.375       0.0325     0.000               0.4075
      1103659922   LAFAYETTE                                            94549    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     700,000.00                     700,000.00   First Lien                                      0           700,000.00                         0.00                      -        1,100,000.00                    63.64               63.64   No MI                     NO MI                        0                                    5.750             0.375       0.0325     0.000               0.4075
      1103659930   RICHMOND                                             94801    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     176,000.00                     176,000.00   First Lien                                      0           176,000.00                         0.00                      -          631,900.00                    27.86               27.86   No MI                     NO MI                        0                                    5.625             0.375       0.0325     0.000               0.4075
      1103659944   XXXXXX XXXX                                          00000    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     744,000.00                     744,000.00   First Lien                                      0           834,000.00                    90,000.00                      -          930,000.00                    80.00               89.68   No MI                     NO MI                        0                                    6.250             0.375       0.0325     0.000               0.4075
      1103659949   VANCOUVER                                            98682    WA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     110,625.00                     110,625.00   First Lien                                      0           125,375.00                    14,750.00                      -          147,500.00                    75.00               85.00   No MI                     NO MI                        0                                    6.500             0.250       0.0325     0.000               0.2825
      1103659952   PICO XXXXXX                                          90660    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     145,000.00                     145,000.00   First Lien                                      0           145,000.00                         0.00                      -          475,000.00                    30.53               30.53   No MI                     NO MI                        0                                    6.375             0.250       0.0325     0.000               0.2825
      1103659990   KIRKWOOD                                             63122    MO                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     499,000.00                     498,453.81   First Lien                                      0           499,000.00                         0.00                      -          734,500.00                    67.94               67.94   No MI                     NO MI                        0                                    5.500             0.375       0.0325     0.000               0.4075
      1103660004   DENVER                                               80238    CO                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     125,000.00                     125,000.00   First Lien                                      0           125,000.00                         0.00                 250000              264000                    50.00               50.00   No MI                     NO MI                        0                                   5.5000            0.3750       0.0325    0.0000               0.4075
      1103660022   SAN DIMAS                                            91773    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     449,000.00                     449,000.00   First Lien                                      0           449,000.00                         0.00                      -          585,000.00                    76.76               76.76   No MI                     NO MI                        0                                    7.250             0.250       0.0325     0.000               0.2825
      1103660033   SAN XXXX                                             95123    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     621,800.00                     621,800.00   First Lien                                      0           621,800.00                         0.00                      -          830,000.00                    74.92               74.92   No MI                     NO MI                        0                                    6.500             0.250       0.0325     0.000               0.2825
      1103660039   XXXXXXX XXXXX                                        00000    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     999,999.00                     999,999.00   First Lien                                      0           999,999.00                         0.00                      -        1,825,000.00                    54.80               54.80   No MI                     NO MI                        0                                    6.375             0.250       0.0325     0.000               0.2825
      1103660053   OCEANSIDE                                            92056    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     528,800.00                     528,800.00   First Lien                                      0           528,800.00                         0.00                 661000              661000                    80.00               80.00   No MI                     NO MI                        0                                   5.6250            0.3750       0.0325    0.0000               0.4075
      1103660065   TORRANCE                                             90503    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     650,000.00                     650,000.00   First Lien                                      0           778,700.00                   128,700.00                      -          826,000.00                    78.70               94.28   No MI                     NO MI                        0                                    6.375             0.375       0.0325     0.000               0.4075
      1103660094   PHOENIX                                              85024    AZ                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     202,500.00                     202,500.00   First Lien                                      0           202,500.00                         0.00                      -          270,000.00                    75.00               75.00   No MI                     NO MI                        0                                    6.625             0.375       0.0325     0.000               0.4075
      1103660127   XXXX XXXX XXXXX                                      00000    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     161,250.00                     161,250.00   First Lien                                      0           161,250.00                         0.00                      -          215,000.00                    75.00               75.00   No MI                     NO MI                        0                                    7.170             0.375       0.0325     0.000               0.4075
      1103660147   OXFORD                                               04270    ME                             20070501                 20370401   FIXED                   No                                              360                    360                          360                      95,000.00                      95,000.00   First Lien                                      0            95,000.00                         0.00                      -          180,000.00                    52.78               52.78   No MI                     NO MI                        0                                    7.200             0.250       0.0325     0.000               0.2825
      1103660170   RICHMOND                                             94804    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     440,000.00                     440,000.00   First Lien                                      0           440,000.00                         0.00                      -          600,000.00                    73.34               73.34   No MI                     NO MI                        0                                    6.500             0.375       0.0325     0.000               0.4075
      1103660245   BOCA RATON                                           33428    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     463,500.00                     463,500.00   First Lien                                      0           463,500.00                         0.00                 515000              550000                    90.00               90.00   PMI                       LPMI                        25                                   7.0000            0.3750       0.0325    0.4700               0.8775
      1103660261   MONTAGUE                                             07827    NJ                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     204,000.00                     204,000.00   First Lien                                      0           255,000.00                    51,000.00                      -          255,000.00                    80.00              100.00   No MI                     NO MI                        0                                    6.875             0.375       0.0325     0.000               0.4075
      1103660271   XXXXXX XXXX XXXXX                                    00000    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     198,000.00                     198,000.00   First Lien                                      0           198,000.00                         0.00                 441660              480000                    44.84               44.84   No MI                     NO MI                        0                                   6.2500            0.3750       0.0325    0.0000               0.4075
      1103660279   RENO                                                 89509    NV                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     125,000.00                     125,000.00   First Lien                                      0           125,000.00                         0.00                      -          615,000.00                    20.33               20.33   No MI                     NO MI                        0                                    6.875             0.375       0.0325     0.000               0.4075
      0000000000   SAN DIEGO                                            92154    CA                             20070601                 20370501   FIXED                   No                                              360                    360                          360                     405,000.00                     405,000.00   First Lien                                      0           405,000.00                         0.00                      -          540,000.00                    75.00               75.00   No MI                     NO MI                        0                                    7.375             0.250       0.0325     0.000               0.2825
      1103660298   AUSTIN                                               78731    TX                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     417,000.00                     417,000.00   First Lien                                      0           417,000.00                         0.00                 735000              735000                    56.74               56.74   No MI                     NO MI                        0                                   5.5000            0.2500       0.0325    0.0000               0.2825
      1103660300   PASO XXXXXX                                          93446    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     350,000.00                     350,000.00   First Lien                                      0           350,000.00                         0.00                      -          500,000.00                    70.00               70.00   No MI                     NO MI                        0                                    6.000             0.375       0.0325     0.000               0.4075
      1103660328   LONG BEACH                                           90808    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     260,000.00                     260,000.00   First Lien                                      0           260,000.00                         0.00                      -          510,000.00                    50.99               50.99   No MI                     NO MI                        0                                    6.220             0.375       0.0325     0.000               0.4075
      1103660400   VERADALE                                             99037    WA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     172,500.00                     172,500.00   First Lien                                      0           172,500.00                         0.00                      -          220,000.00                    78.41               78.41   No MI                     NO MI                        0                                    6.375             0.250       0.0325     0.000               0.2825
      1103660419   PICO XXXXXX                                          90660    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     277,750.00                     277,750.00   First Lien                                      0           277,750.00                         0.00                      -          505,000.00                    55.00               55.00   No MI                     NO MI                        0                                    6.375             0.375       0.0325     0.000               0.4075
      1103660460   ELK GROVE                                            95624    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     369,600.00                     369,600.00   First Lien                                      0           462,000.00                    92,400.00                 462000              465000                    80.00              100.00   No MI                     NO MI                        0                                   5.8750            0.3750       0.0325    0.0000               0.4075
      1103660469   XXXX XXXXX XXXXX                                     00000    FL                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     182,000.00                     182,000.00   First Lien                                      0           182,000.00                         0.00                      -          280,000.00                    65.00               65.00   No MI                     NO MI                        0                                    7.265             0.250       0.0325     0.000               0.2825
      0000000000   SAN MATEO                                            94401    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     462,000.00                     462,000.00   First Lien                                      0           462,000.00                         0.00                      -          770,000.00                    60.00               60.00   No MI                     NO MI                        0                                    5.625             0.375       0.0325     0.000               0.4075
      1103660507   FORT XXXXX                                           33907    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     215,650.00                     215,650.00   First Lien                                      0           215,650.00                         0.00                 227000              227000                    95.00               95.00   PMI                       LPMI                        30                                   9.2500            0.3750       0.0325    1.0300               1.4375
      1103660521   MODESTO                                              95354    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     230,300.00                     230,300.00   First Lien                                      0           230,300.00                         0.00                      -          330,000.00                    69.79               69.79   No MI                     NO MI                        0                                    7.750             0.375       0.0325     0.000               0.4075
      1103660528   IRVINE                                               92604    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     204,000.00                     204,000.00   First Lien                                      0           204,000.00                         0.00                      -          425,000.00                    48.00               48.00   No MI                     NO MI                        0                                    5.875             0.375       0.0325     0.000               0.4075
      1103660534   CHINO                                                91710    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     300,000.00                     299,728.80   First Lien                                      0           300,000.00                         0.00                      -          495,000.00                    60.61               60.61   No MI                     NO MI                        0                                    6.500             0.375       0.0325     0.000               0.4075
      1103660560   LYNWOOD                                              90262    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     356,000.00                     356,000.00   First Lien                                      0           356,000.00                         0.00                      -          480,000.00                    74.17               74.17   No MI                     NO MI                        0                                    5.875             0.375       0.0325     0.000               0.4075
      1103660581   BAKERSFIELD                                          93313    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     228,000.00                     228,000.00   First Lien                                      0           228,000.00                         0.00                      -          285,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.500             0.375       0.0325     0.000               0.4075
      0000000000   NEWPORT NEWS                                         23607    VA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     104,500.00                     104,500.00   First Lien                                      0           104,500.00                         0.00                      -          150,000.00                    69.67               69.67   No MI                     NO MI                        0                                    7.500             0.250       0.0325     0.000               0.2825
      1103660625   MIRAMAR                                              33023    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     120,000.00                     120,000.00   First Lien                                      0           120,000.00                         0.00                      -          190,000.00                    63.16               63.16   No MI                     NO MI                        0                                    8.125             0.375       0.0325     0.000               0.4075
      1103660635   NAPLES                                               34102    FL                             20070601                 20370501   FIXED                   No                                              360                    360                          360                     340,000.00                     340,000.00   First Lien                                      0           340,000.00                         0.00                      -          430,000.00                    79.07               79.07   No MI                     NO MI                        0                                    6.625             0.250       0.0325     0.000               0.2825
      1103660636   RIALTO                                               92376    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     270,000.00                     270,000.00   First Lien                                      0           270,000.00                         0.00                      -          390,000.00                    69.24               69.24   No MI                     NO MI                        0                                    6.375             0.375       0.0325     0.000               0.4075
      1103660640   CONCORD                                              94521    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     300,000.00                     300,000.00   First Lien                                      0           337,450.00                    37,450.00                      -          375,000.00                    80.00               89.99   No MI                     NO MI                        0                                    5.750             0.375       0.0325     0.000               0.4075
      1103660646   IRVINE                                               92620    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     433,000.00                     433,000.00   First Lien                                      0           533,000.00                   100,000.00                      -          850,000.00                    50.95               62.71   No MI                     NO MI                        0                                    5.750             0.375       0.0325     0.000               0.4075
      1103660651   MANTECA                                              95336    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     303,100.00                     303,100.00   First Lien                                      0           328,100.00                    25,000.00                      -          433,000.00                    70.00               75.78   No MI                     NO MI                        0                                    6.375             0.375       0.0325     0.000               0.4075
      1103660675   MURRIETA                                             92563    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     300,000.00                     300,000.00   First Lien                                      0           375,000.00                    75,000.00                 375000              375000                    80.00              100.00   No MI                     NO MI                        0                                   7.0000            0.3750       0.0325    0.0000               0.4075
      1103660684   NORTH LAS VEGAS                                      89031    NV                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     319,992.00                     319,992.00   First Lien                                      0           399,990.00                    79,998.00                 399990              430000                    80.00              100.00   No MI                     NO MI                        0                                   8.3750            0.3750       0.0325    0.0000               0.4075
      1103660694   ONTARIO                                              91761    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     235,000.00                     234,777.02   First Lien                                      0           235,000.00                         0.00                      -          443,000.00                    53.05               53.05   No MI                     NO MI                        0                                    6.250             0.375       0.0325     0.000               0.4075
      1103660698   RIVERSIDE                                            92504    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     210,000.00                     210,000.00   First Lien                                      0           210,000.00                         0.00                      -          354,000.00                    59.33               59.33   No MI                     NO MI                        0                                    6.000             0.375       0.0325     0.000               0.4075
      1103660713   XXXXXX VALLEY                                        92551    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     210,000.00                     210,000.00   First Lien                                      0           210,000.00                         0.00                      -          360,000.00                    58.34               58.34   No MI                     NO MI                        0                                    5.950             0.375       0.0325     0.000               0.4075
      1103660727   VICTORVILLE                                          92392    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     138,500.00                     138,500.00   First Lien                                      0           138,500.00                         0.00                      -          533,000.00                    25.99               25.99   No MI                     NO MI                        0                                    5.875             0.375       0.0325     0.000               0.4075
      1103660735   XXX XXXX XXXXXX                                      00000    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     790,000.00                     789,232.17   First Lien                                      0           790,000.00                         0.00                      -        1,325,000.00                    59.63               59.63   No MI                     NO MI                        0                                    6.125             0.375       0.0325     0.000               0.4075
      1103660797   CENTERVILLE                                          31028    TX                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     380,000.00                     380,000.00   First Lien                                      0           380,000.00                         0.00                 475000              475000                    80.00               80.00   No MI                     NO MI                        0                                   5.8750            0.3750       0.0325    0.0000               0.4075
      1103660799   MANTECA                                              95336    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     273,000.00                     273,000.00   First Lien                                      0           273,000.00                         0.00                      -          390,000.00                    70.00               70.00   No MI                     NO MI                        0                                    6.375             0.375       0.0325     0.000               0.4075
      1103660824   CHINO                                                91710    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     319,000.00                     319,000.00   First Lien                                      0           319,000.00                         0.00                      -          470,000.00                    67.88               67.88   No MI                     NO MI                        0                                    6.375             0.375       0.0325     0.000               0.4075
      1103660862   HYATTSVILLE                                          20785    MD                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     263,000.00                     263,000.00   First Lien                                      0           263,000.00                         0.00                      -          360,000.00                    73.06               73.06   No MI                     NO MI                        0                                    6.000             0.375       0.0325     0.000               0.4075
      1103660890   WILTON                                               06897    CT                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     550,001.00                     549,384.71   First Lien                                      0           550,001.00                         0.00                 967500             1000000                    56.85               56.85   No MI                     NO MI                        0                                   5.3750            0.2500       0.0325    0.0000               0.2825
      1103660907   DALLAS                                               75209    TX                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     573,100.00                     573,100.00   First Lien                                      0           573,100.00                         0.00                      -        1,119,000.00                    51.22               51.22   No MI                     NO MI                        0                                    6.000             0.250       0.0325     0.000               0.2825
      1103660914   HIGHLAND                                             92346    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     297,500.00                     297,500.00   First Lien                                      0           297,500.00                         0.00                      -          500,000.00                    59.50               59.50   No MI                     NO MI                        0                                    6.375             0.250       0.0325     0.000               0.2825
      1103660915   LOS ANGELES                                          90011    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     371,000.00                     371,000.00   First Lien                                      0           371,000.00                         0.00                      -          530,000.00                    70.00               70.00   No MI                     NO MI                        0                                    7.375             0.375       0.0325     0.000               0.4075
      1103660917   LOS ANGELES                                          90062    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     432,000.00                     432,000.00   First Lien                                      0           525,000.00                    93,000.00                      -          540,000.00                    80.00               97.23   No MI                     NO MI                        0                                    7.000             0.375       0.0325     0.000               0.4075
      1103660918   ANTIOCH                                              94531    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     404,000.00                     404,000.00   First Lien                                      0           504,000.00                   100,000.00                 505000              510000                    80.00               99.81   No MI                     NO MI                        0                                   6.3750            0.3750       0.0325    0.0000               0.4075
      1103660920   BOWIE                                                20720    MD                             20070401                 20370301   ARMS                    Yes                                             360                    480                          359                     535,000.00                     534,796.17   First Lien                                      0           535,000.00                         0.00                      -          690,000.00                    77.54               77.54   No MI                     NO MI                        0                                    7.000             0.375       0.0325     0.000               0.4075
      1103660921   BAY POINT                                            94565    CA                             20070401                 20370301   ARMS                    Yes                                             360                    480                          359                     338,000.00                     337,851.99   First Lien                                      0           338,000.00                         0.00                      -          485,000.00                    69.70               69.70   No MI                     NO MI                        0                                    6.500             0.375       0.0325     0.000               0.4075
      1103660922   TAMPA                                                33625    FL                             20070401                 20370301   ARMS                    Yes                                             360                    480                          359                     322,905.00                     322,836.03   First Lien                                      0           322,905.00                         0.00                 339900              339900                    95.00               95.00   PMI                       LPMI                        30                                   9.0000            0.3750       0.0325    1.5300               1.9375
      1103660924   XXXXXXXX XXXXX                                       00000    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     248,000.00                     248,000.00   First Lien                                      0           310,000.00                    62,000.00                 310000              310000                    80.00              100.00   No MI                     NO MI                        0                                   6.5000            0.3750       0.0325    0.0000               0.4075
      1103660925   RENO                                                 89521    NV                             20070401                 20370301   ARMS                    Yes                                             360                    480                          359                     445,000.00                     444,881.46   First Lien                                      0           445,000.00                         0.00                      -          445,000.00                   100.00              100.00   PMI                       LPMI                        35                                    8.250             0.375       0.0325     1.380               1.7875
      1103660926   SAINT AUGUSTINE                                      32086    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     224,499.00                     224,499.00   First Lien                                      0           224,499.00                         0.00                 236315              269000                    95.00               95.00   PMI                       LPMI                        30                                   8.8750            0.3750       0.0325    1.3000               1.7075
      1103660927   XXXXXX XXXXXXX                                       00000    FL                             20070401                 20370301   ARMS                    Yes                                             360                    480                          359                     293,000.00                     292,895.97   First Lien                                      0           293,000.00                         0.00                 293000              295000                   100.00              100.00   PMI                       BPMI                        35                                   7.2500            0.3750       0.0325    0.0000               0.4075
      0000000000   PENSACOLA                                            32501    FL                             20070401                 20370301   ARMS                    Yes                                             360                    480                          359                      98,910.00                      98,882.67   First Lien                                      0            98,910.00                         0.00                 109900              112000                    90.00               90.00   PMI                       BPMI                        25                                   8.1250            0.3750       0.0325    0.0000               0.4075
      1103660929   KISSIMMEE                                            34759    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     152,000.00                     152,000.00   First Lien                                      0           152,000.00                         0.00                 160000              185000                    95.00               95.00   PMI                       LPMI                        30                                   8.6250            0.3750       0.0325    0.8300               1.2375
      1103660930   HOMESTEAD                                            33032    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     366,519.00                     366,313.52   First Lien                                      0           366,519.00                         0.00                 385810              389000                    95.00               95.00   PMI                       LPMI                        30                                   8.8750            0.3750       0.0325    1.4100               1.8175
      1103660931   TAVERNIER                                            33070    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                   1,120,000.00                   1,119,035.70   First Lien                                      0         1,120,000.00                         0.00                      -        1,400,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.750             0.375       0.0325     0.000               0.4075
      1103660932   XXXXXX                                               20706    MD                             20070201                 20370301   ARMS                    Yes                                             360                    480                          357                     315,000.00                     314,685.53   First Lien                                      0           315,000.00                         0.00                      -          353,000.00                    89.24               89.24   PMI                       BPMI                        25                                    7.500             0.375       0.0325     0.000               0.4075
      1103660933   LONG BEACH                                           90805    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     466,000.00                     466,000.00   First Lien                                      0           466,000.00                         0.00                 466000              475000                   100.00              100.00   PMI                       LPMI                        35                                   8.7500            0.3750       0.0325    1.4000               1.8075
      1103660934   MENIFEE                                              92584    CA                             20070301                 20370301   ARMS                    Yes                                             360                    480                          358                     298,444.00                     298,199.45   First Lien                                      0           373,055.00                    74,611.00                 373055              373500                    80.00              100.00   No MI                     NO MI                        0                                   6.7500            0.3750       0.0325    0.0000               0.4075
      1103660935   MIAMI                                                33182    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                      67,000.00                      67,000.00   First Lien                                      0            67,000.00                         0.00                      -          240,000.00                    27.92               27.92   No MI                     NO MI                        0                                    7.875             0.375       0.0325     0.000               0.4075
      0000000000   LEHIGH ACRES                                         33971    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     221,250.00                     221,250.00   First Lien                                      0           221,250.00                         0.00                      -          235,000.00                    94.15               94.15   PMI                       LPMI                        30                                    8.500             0.375       0.0325     1.310               1.7175
      1103660937   RICHMOND                                             23224    VA                             20070401                 20370301   ARMS                    Yes                                             360                    480                          359                     145,000.00                     144,946.67   First Lien                                      0           145,000.00                         0.00                 145000              145000                   100.00              100.00   PMI                       LPMI                        35                                   7.1250            0.3750       0.0325    1.0400               1.4475
      1103660938   BLACKSTONE                                           23824    VA                             20070401                 20370301   ARMS                    Yes                                             360                    480                          359                      85,000.00                      84,978.95   First Lien                                      0            85,000.00                         0.00                  85000              109200                   100.00              100.00   PMI                       LPMI                        35                                   8.5000            0.3750       0.0325    0.8100               1.2175
      1103660939   SPRINGFIELD                                          22153    VA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     361,000.00                     361,000.00   First Lien                                      0           361,000.00                         0.00                      -          380,000.00                    95.00               95.00   PMI                       LPMI                        30                                    9.250             0.375       0.0325     1.430               1.8375
      1103660941   XXXXXX XXXXXX                                        00000    MD                             20070401                 20370301   ARMS                    Yes                                             360                    480                          359                     400,000.00                     399,805.86   First Lien                                      0           400,000.00                         0.00                      -          532,000.00                    75.19               75.19   No MI                     NO MI                        0                                    6.125             0.375       0.0325     0.000               0.4075
      1103660942   CHICAGO                                              60619    IL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     106,200.00                     106,200.00   First Lien                                      0           106,200.00                         0.00                      -          118,000.00                    90.00               90.00   PMI                       LPMI                        25                                    8.375             0.375       0.0325     1.590               1.9975
      1103660943   KISSIMMEE                                            34758    FL                             20070401                 20370301   ARMS                    Yes                                             360                    480                          359                     191,250.00                     191,171.86   First Lien                                      0           191,250.00                         0.00                      -          225,000.00                    85.00               85.00   PMI                       LPMI                        22                                    6.750             0.375       0.0325     0.440               0.8475
      0000000000   RENO                                                 89502    NV                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     212,000.00                     212,000.00   First Lien                                      0           265,000.00                    53,000.00                 265000              265000                    80.00              100.00   No MI                     NO MI                        0                                   6.8750            0.3750       0.0325    0.0000               0.4075
      1103660945   BOCA RATON                                           33486    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     399,600.00                     399,264.29   First Lien                                      0           399,600.00                         0.00                 444000              455000                    90.00               90.00   PMI                       BPMI                        25                                   6.8750            0.3750       0.0325    0.0000               0.4075
      1103660946   KISSIMMEE                                            34747    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     184,500.00                     184,393.85   First Lien                                      0           184,500.00                         0.00                 205000              221000                    90.00               90.00   PMI                       LPMI                        25                                   8.7500            0.3750       0.0325    1.5600               1.9675
      1103660947   MIAMI                                                33168    FL                             20070401                 20370301   ARMS                    Yes                                             360                    480                          359                     220,000.00                     219,906.93   First Lien                                      0           220,000.00                         0.00                 220000              250000                   100.00              100.00   PMI                       BPMI                        35                                   6.6250            0.3750       0.0325    0.0000               0.4075
      1103660948   RENO                                                 89506    NV                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     238,586.00                     238,586.00   First Lien                                      0           298,233.00                    59,647.00                 298233              300000                    80.00              100.00   No MI                     NO MI                        0                                   7.1250            0.3750       0.0325    0.0000               0.4075
      1103660949   JONESBORO                                            30236    GA                             20070401                 20370301   ARMS                    Yes                                             360                    480                          359                     146,300.00                     146,253.31   First Lien                                      0           146,300.00                         0.00                 154000              165000                    95.00               95.00   PMI                       BPMI                        30                                   7.6250            0.3750       0.0325    0.0000               0.4075
      1103660950   HIALEAH                                              33015    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     235,410.00                     235,410.00   First Lien                                      0           235,410.00                         0.00                 247800              253000                    95.00               95.00   PMI                       BPMI                        30                                   7.3750            0.3750       0.0325    0.0000               0.4075
      0000000000   ORLANDO                                              32824    FL                             20070401                 20370301   ARMS                    Yes                                             360                    480                          359                     230,000.00                     229,906.03   First Lien                                      0           230,000.00                         0.00                 230000              253500                   100.00              100.00   PMI                       BPMI                        35                                   6.7500            0.3750       0.0325    0.0000               0.4075
      1103660952   SARASOTA                                             34243    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     344,850.00                     344,850.00   First Lien                                      0           344,850.00                         0.00                 363000              368000                    95.00               95.00   PMI                       BPMI                        30                                   8.2500            0.3750       0.0325    0.0000               0.4075
      1103660953   BRADENTON                                            34205    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     139,000.00                     138,906.74   First Lien                                      0           139,000.00                         0.00                      -          174,000.00                    79.89               79.89   No MI                     NO MI                        0                                    8.000             0.375       0.0325     0.000               0.4075
      1103660954   XXXXX XXXX                                           00000    MD                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     216,000.00                     215,851.35   First Lien                                      0           216,000.00                         0.00                      -          240,000.00                    90.00               90.00   PMI                       LPMI                        25                                    7.875             0.375       0.0325     0.690               1.0975
      1103660955   ORLANDO                                              32801    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     448,000.00                     448,000.00   First Lien                                      0           503,900.00                    55,900.00                      -          560,000.00                    80.00               89.99   No MI                     NO MI                        0                                    6.750             0.375       0.0325     0.000               0.4075
      1103660959   KISSIMMEE                                            34741    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     171,936.00                     171,936.00   First Lien                                      0           171,936.00                         0.00                 191041              238000                    90.00               90.00   PMI                       LPMI                        25                                   8.3750            0.3750       0.0325    0.7200               1.1275
      1103660960   KISSIMMEE                                            34758    FL                             20070401                 20370301   ARMS                    Yes                                             360                    480                          359                     198,000.00                     197,916.25   First Lien                                      0           198,000.00                         0.00                      -          220,000.00                    90.00               90.00   PMI                       BPMI                        25                                    6.625             0.375       0.0325     0.000               0.4075
      1103660961   ZEPHYRHILLS                                          33540    FL                             20070401                 20370301   ARMS                    Yes                                             360                    480                          359                     183,200.00                     183,130.21   First Lien                                      0           183,200.00                         0.00                      -          229,000.00                    80.00               80.00   No MI                     NO MI                        0                                    7.000             0.375       0.0325     0.000               0.4075
      1103660962   MIAMI                                                33193    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     155,920.00                     155,920.00   First Lien                                      0           194,820.00                    38,900.00                 194900              195000                    80.00               99.96   No MI                     NO MI                        0                                   6.8750            0.3750       0.0325    0.0000               0.4075
      1103660963   LOS ANGELES                                          90001    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     376,000.00                     376,000.00   First Lien                                      0           470,000.00                    94,000.00                 470000              470000                    80.00              100.00   No MI                     NO MI                        0                                   8.1250            0.3750       0.0325    0.0000               0.4075
      1103660964   KISSIMMEE                                            34746    FL                             20070401                 20370301   ARMS                    Yes                                             360                    480                          359                     230,800.00                     230,731.46   First Lien                                      0           230,800.00                         0.00                 243000              243000                    94.98               94.98   PMI                       LPMI                        30                                   7.8750            0.3750       0.0325    0.7800               1.1875
      1103660965   ORLANDO                                              32817    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     316,993.00                     316,993.00   First Lien                                      0           396,242.00                    79,249.00                 396242              425000                    80.00              100.00   No MI                     NO MI                        0                                   6.2500            0.3750       0.0325    0.0000               0.4075
      1103660966   XXXXXXX XXXXX                                        00000    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     144,000.00                     144,000.00   First Lien                                      0           180,000.00                    36,000.00                 180000              180000                    80.00              100.00   No MI                     NO MI                        0                                   7.1250            0.3750       0.0325    0.0000               0.4075
      1103660967   XXXX XXXXX XXXXX                                     00000    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     251,750.00                     251,619.48   First Lien                                      0           251,750.00                         0.00                 265000              274000                    95.00               95.00   PMI                       LPMI                        30                                   9.2500            0.3750       0.0325    1.4300               1.8375
      1103660968   XXXX XXXXX                                           00000    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     193,500.00                     193,500.00   First Lien                                      0           193,500.00                         0.00                      -          215,000.00                    90.00               90.00   PMI                       LPMI                        25                                    8.000             0.375       0.0325     0.920               1.3275
      0000000000   CARMEL                                               46033    IN                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     187,150.00                     187,042.33   First Lien                                      0           187,150.00                         0.00                 197000              200000                    95.00               95.00   PMI                       LPMI                        30                                   8.7500            0.3750       0.0325    1.4100               1.8175
      1103660970   LADERA RANCH                                         92694    CA                             20070401                 20370301   ARMS                    Yes                                             360                    480                          359                     650,000.00                     649,673.61   First Lien                                      0           650,000.00                         0.00                      -          910,000.00                    71.43               71.43   No MI                     NO MI                        0                                    6.000             0.375       0.0325     0.000               0.4075
      1103660971   SPRING HILL                                          34610    FL                             20070401                 20370301   ARMS                    Yes                                             360                    480                          359                     269,000.00                     268,911.04   First Lien                                      0           269,000.00                         0.00                      -          320,000.00                    84.07               84.07   PMI                       LPMI                        22                                    7.500             0.375       0.0325     0.540               0.9475
      1103660972   NORTH PORT                                           34288    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     243,000.00                     242,828.50   First Lien                                      0           243,000.00                         0.00                 270000              270000                    90.00               90.00   PMI                       LPMI                        25                                   7.7500            0.3750       0.0325    0.9900               1.3975
      1103660973   WINTER PARK                                          32789    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     222,300.00                     222,300.00   First Lien                                      0           222,300.00                         0.00                 247000              266000                    90.00               90.00   PMI                       BPMI                        25                                   7.7500            0.3750       0.0325    0.0000               0.4075
      1103660974   XXXXXXX XXXXX                                        00000    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     179,900.00                     179,796.50   First Lien                                      0           179,900.00                         0.00                 179900              179900                   100.00              100.00   PMI                       LPMI                        35                                   8.7500            0.3750       0.0325    1.6800               2.0875
      1103660975   ORLANDO                                              32825    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     234,000.00                     233,850.79   First Lien                                      0           234,000.00                         0.00                 260000              260000                    90.00               90.00   PMI                       LPMI                        25                                   8.2500            0.3750       0.0325    0.7100               1.1175
      1103660976   BRADENTON                                            34208    FL                             20070401                 20370301   ARMS                    Yes                                             360                    480                          359                     212,960.00                     212,875.97   First Lien                                      0           212,960.00                         0.00                 266200              306000                    80.00               80.00   No MI                     NO MI                        0                                   6.8750            0.3750       0.0325    0.0000               0.4075
      1103660979   XXXXXXX XXXXX                                        00000    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     440,000.00                     440,000.00   First Lien                                      0           550,000.00                   110,000.00                      -          550,000.00                    80.00              100.00   No MI                     NO MI                        0                                    7.625             0.375       0.0325     0.000               0.4075
      1103660980   DAVENPORT                                            33897    FL                             20070401                 20370301   ARMS                    Yes                                             360                    480                          359                     285,000.00                     284,934.44   First Lien                                      0           285,000.00                         0.00                 285000              285000                   100.00              100.00   PMI                       LPMI                        35                                   8.7500            0.3750       0.0325    1.7400               2.1475
      1103660981   RENO                                                 89523    NV                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     664,850.00                     664,850.00   First Lien                                      0           789,509.00                   124,659.00                 842667              845000                    78.90               93.70   No MI                     NO MI                        0                                   6.8750            0.3750       0.0325    0.0000               0.4075
      1103660982   TITUSVILLE                                           32780    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     161,100.00                     161,100.00   First Lien                                      0           161,100.00                         0.00                      -          179,000.00                    90.00               90.00   PMI                       BPMI                        25                                    8.125             0.375       0.0325     0.000               0.4075
      1103660983   SANFORD                                              32773    FL                             20070401                 20370301   ARMS                    Yes                                             360                    480                          359                     145,350.00                     145,316.56   First Lien                                      0           145,350.00                         0.00                 153000              153000                    95.00               95.00   PMI                       LPMI                        30                                   8.7500            0.3750       0.0325    1.4100               1.8175
      1103660984   NORFOLK                                              23517    VA                             20070401                 20370301   ARMS                    Yes                                             360                    480                          359                     160,000.00                     159,950.74   First Lien                                      0           160,000.00                         0.00                      -          221,000.00                    72.40               72.40   No MI                     NO MI                        0                                    7.750             0.375       0.0325     0.000               0.4075
      0000000000   ORLANDO                                              32826    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     204,000.00                     204,000.00   First Lien                                      0           204,000.00                         0.00                 204000              205000                   100.00              100.00   PMI                       BPMI                        35                                   7.1250            0.3750       0.0325    0.0000               0.4075
      1103660986   LAKE WORTH                                           33460    FL                             20070401                 20370301   ARMS                    Yes                                             360                    480                          359                     121,920.00                     121,883.79   First Lien                                      0           121,920.00                         0.00                      -          170,000.00                    71.72               71.72   No MI                     NO MI                        0                                    7.875             0.375       0.0325     0.000               0.4075
      1103660987   MARIETTA                                             30066    GA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     161,500.00                     161,500.00   First Lien                                      0           161,500.00                         0.00                 170000              188000                    95.00               95.00   PMI                       LPMI                        30                                   8.1250            0.3750       0.0325    0.8300               1.2375
      1103660988   ORLANDO                                              32822    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     185,600.00                     185,600.00   First Lien                                      0           185,600.00                         0.00                      -          232,000.00                    80.00               80.00   No MI                     NO MI                        0                                    8.875             0.375       0.0325     0.000               0.4075
      1103660989   ORLANDO                                              32829    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     279,920.00                     279,920.00   First Lien                                      0           279,920.00                         0.00                 349900              349900                    80.00               80.00   No MI                     NO MI                        0                                   7.5000            0.3750       0.0325    0.0000               0.4075
      1103660992   XXXXX XXXXXX                                         00000    CA                             20070301                 20370201   ARMS                    No                                              360                    360                          358                     140,000.00                     140,000.00   First Lien                                      0           140,000.00                         0.00                      -          175,000.00                    80.00               80.00   No MI                     NO MI                        0                                    7.500             0.375       0.0325     0.000               0.4075
      0000000000   APTOS                                                95003    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     750,000.00                     750,000.00   First Lien                                      0           750,000.00                         0.00                      -        1,020,000.00                    73.53               73.53   No MI                     NO MI                        0                                    6.125             0.375       0.0325     0.000               0.4075
      1103660994   OCEANSIDE                                            92054    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     459,900.00                     459,900.00   First Lien                                      0           591,200.00                   131,300.00                      -          657,000.00                    70.00               89.99   No MI                     NO MI                        0                                    6.500             0.375       0.0325     0.000               0.4075
      1103660995   XXXXXX                                               95018    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     469,000.00                     469,000.00   First Lien                                      0           469,000.00                         0.00                      -          675,000.00                    69.49               69.49   No MI                     NO MI                        0                                    6.875             0.375       0.0325     0.000               0.4075
      1103660996   SAN PABLO                                            94806    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     336,000.00                     336,000.00   First Lien                                      0           336,000.00                         0.00                      -          420,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.375             0.375       0.0325     0.000               0.4075
      1103660998   EAST WENATCHEE                                       98802    WA                             20070401                 20220301   FIXED                   No                                              180                    180                          179                     173,000.00                     172,417.70   First Lien                                      0           173,000.00                         0.00                      -          269,000.00                    64.32               64.32   No MI                     NO MI                        0                                    6.250             0.250       0.0325     0.000               0.2825
      1103660999   VACAVILLE                                            95688    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     200,000.00                     200,000.00   First Lien                                      0           200,000.00                         0.00                      -          435,000.00                    45.98               45.98   No MI                     NO MI                        0                                    6.125             0.250       0.0325     0.000               0.2825
      1103661000   PORTLAND                                             97202    OR                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     245,000.00                     245,000.00   First Lien                                      0           245,000.00                         0.00                      -          350,000.00                    70.00               70.00   No MI                     NO MI                        0                                    6.125             0.250       0.0325     0.000               0.2825
      1103661001   VISALIA                                              93291    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     125,600.00                     125,494.48   First Lien                                      0           125,600.00                         0.00                      -          157,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.875             0.250       0.0325     0.000               0.2825
      1103661002   SAN DIEGO                                            92108    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     294,000.00                     294,000.00   First Lien                                      0           294,000.00                         0.00                      -          420,000.00                    70.00               70.00   No MI                     NO MI                        0                                    6.500             0.250       0.0325     0.000               0.2825
      1103661003   LAS VEGAS                                            89148    NV                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     329,000.00                     329,000.00   First Lien                                      0           422,953.00                    93,953.00                      -          470,000.00                    70.00               89.99   No MI                     NO MI                        0                                    6.375             0.250       0.0325     0.000               0.2825
      1103661004   VICTORVILLE                                          92394    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     301,000.00                     301,000.00   First Lien                                      0           301,000.00                         0.00                      -          430,000.00                    70.00               70.00   No MI                     NO MI                        0                                    6.375             0.250       0.0325     0.000               0.2825
      1103661005   CASA GRANDE                                          85222    AZ                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     182,000.00                     182,000.00   First Lien                                      0           208,000.00                    26,000.00                      -          260,000.00                    70.00               80.00   No MI                     NO MI                        0                                    6.250             0.250       0.0325     0.000               0.2825
      1103661006   CONIFER                                              80433    CO                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     206,500.00                     206,500.00   First Lien                                      0           273,000.00                    66,500.00                      -          295,000.00                    70.00               92.55   No MI                     NO MI                        0                                    6.375             0.250       0.0325     0.000               0.2825
      1103661007   TUCSON                                               85749    AZ                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     336,000.00                     335,688.80   First Lien                                      0           411,500.00                    75,500.00                      -          420,000.00                    80.00               97.98   No MI                     NO MI                        0                                    6.375             0.250       0.0325     0.000               0.2825
      1103661008   XXXXX XXXXX                                          00000    AZ                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     469,000.00                     469,000.00   First Lien                                      0           469,000.00                         0.00                      -          640,000.00                    73.29               73.29   No MI                     NO MI                        0                                    6.375             0.250       0.0325     0.000               0.2825
      0000000000   GOLDEN                                               80401    CO                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     131,600.00                     131,489.44   First Lien                                      0           188,000.00                    56,400.00                      -          188,000.00                    70.00              100.00   No MI                     NO MI                        0                                    6.875             0.250       0.0325     0.000               0.2825
      1103661010   MISSION VIEJO                                        92692    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     393,000.00                     393,000.00   First Lien                                      0           393,000.00                         0.00                      -          825,000.00                    47.64               47.64   No MI                     NO MI                        0                                    6.250             0.250       0.0325     0.000               0.2825
      1103661011   TEMECULA                                             92592    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     276,000.00                     276,000.00   First Lien                                      0           375,000.00                    99,000.00                      -          395,000.00                    69.88               94.94   No MI                     NO MI                        0                                    6.500             0.250       0.0325     0.000               0.2825
      1103661012   ELK GROVE                                            95624    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     215,950.00                     215,745.10   First Lien                                      0           245,950.00                    30,000.00                      -          308,500.00                    70.00               79.73   No MI                     NO MI                        0                                    6.250             0.250       0.0325     0.000               0.2825
      1103661013   SAN MATEO                                            94402    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     500,000.00                     500,000.00   First Lien                                      0           500,000.00                         0.00                      -          760,000.00                    65.79               65.79   No MI                     NO MI                        0                                    6.250             0.250       0.0325     0.000               0.2825
      1103661014   VACAVILLE                                            95688    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     480,000.00                     480,000.00   First Lien                                      0           503,500.00                    23,500.00                      -          600,000.00                    80.00               83.92   No MI                     NO MI                        0                                    6.500             0.250       0.0325     0.000               0.2825
      1103661015   XXXXXXXXX XXXX                                       00000    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     220,000.00                     220,000.00   First Lien                                      0           220,000.00                         0.00                      -          390,000.00                    56.42               56.42   No MI                     NO MI                        0                                    6.375             0.250       0.0325     0.000               0.2825
      1103661016   LONG BEACH                                           90807    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     289,500.00                     289,500.00   First Lien                                      0           289,500.00                         0.00                      -          555,000.00                    52.17               52.17   No MI                     NO MI                        0                                    6.250             0.250       0.0325     0.000               0.2825
      0000000000   COVINA                                               91722    CA                             20070301                 20370201   FIXED                   No                                              360                    360                          358                     181,000.00                     181,000.00   First Lien                                      0           181,000.00                         0.00                      -          465,000.00                    38.93               38.93   No MI                     NO MI                        0                                    6.875             0.250       0.0325     0.000               0.2825
      1103661018   ORLANDO                                              32808    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                      76,000.00                      76,000.00   First Lien                                      0            76,000.00                         0.00                      -           95,000.00                    80.00               80.00   No MI                     NO MI                        0                                    9.625             0.375       0.0325     0.000               0.4075
      1103661040   XXXXXXXX                                             94553    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     376,000.00                     376,000.00   First Lien                                      0           470,000.00                    94,000.00                 470000              470000                    80.00              100.00   No MI                     NO MI                        0                                   7.3750            0.3750       0.0325    0.0000               0.4075
      1103661057   PALMDALE                                             93550    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     208,000.00                     208,000.00   First Lien                                      0           208,000.00                         0.00                      -          324,000.00                    64.20               64.20   No MI                     NO MI                        0                                    6.125             0.375       0.0325     0.000               0.4075
      1103661065   XXXXXX XXXX                                          00000    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     456,000.00                     456,000.00   First Lien                                      0           456,000.00                         0.00                      -          570,000.00                    80.00               80.00   No MI                     NO MI                        0                                    8.750             0.375       0.0325     0.000               0.4075
      1103661077   LANCASTER                                            93535    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     212,000.00                     212,000.00   First Lien                                      0           212,000.00                         0.00                      -          295,000.00                    71.87               71.87   No MI                     NO MI                        0                                    5.875             0.375       0.0325     0.000               0.4075
      0000000000   XXXXXX CITY (AREA) LOS AN                            90230    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     370,000.00                     370,000.00   First Lien                                      0           370,000.00                         0.00                      -          710,000.00                    52.12               52.12   No MI                     NO MI                        0                                    6.250             0.375       0.0325     0.000               0.4075
      1103661087   REDLANDS                                             92374    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     268,000.00                     268,000.00   First Lien                                      0           268,000.00                         0.00                      -          685,000.00                    39.13               39.13   No MI                     NO MI                        0                                    6.250             0.375       0.0325     0.000               0.4075
      1103661092   SPRING                                               77382    TX                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     539,000.00                     538,423.77   First Lien                                      0           539,000.00                         0.00                      -          770,000.00                    70.00               70.00   No MI                     NO MI                        0                                    5.625             0.375       0.0325     0.000               0.4075
      1103661120   SANTA XXX                                            92705    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     750,000.00                     750,000.00   First Lien                                      0           750,000.00                         0.00                      -        1,375,000.00                    54.55               54.55   No MI                     NO MI                        0                                    6.990             0.375       0.0325     0.000               0.4075
      1103661123   LAUDERHILL                                           33313    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     163,000.00                     163,000.00   First Lien                                      0           163,000.00                         0.00                      -          230,000.00                    70.87               70.87   No MI                     NO MI                        0                                    6.750             0.375       0.0325     0.000               0.4075
      1103661138   GAITHERSBURG                                         20877    MD                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     134,000.00                     134,000.00   First Lien                                      0           134,000.00                         0.00                      -          340,000.00                    39.42               39.42   No MI                     NO MI                        0                                    7.000             0.250       0.0325     0.000               0.2825
      1103661147   FORT XXXXX                                           33907    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     199,500.00                     199,500.00   First Lien                                      0           199,500.00                         0.00                 210000              210000                    95.00               95.00   PMI                       LPMI                        30                                   9.5750            0.3750       0.0325    1.0200               1.4275
      1103661156   XXXXXXX XXXXX                                        00000    FL                             20070201                 20370101   FIXED                   No                                              360                    360                          357                     243,000.00                     242,666.06   First Lien                                      0           243,000.00                         0.00                 270000              270000                    90.00               90.00   PMI                       LPMI                        25                                   9.8750            0.2500       0.0325    0.8200               1.1025
      1103661169   FAIRFIELD                                            94533    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     280,000.00                     280,000.00   First Lien                                      0           359,960.00                    79,960.00                      -          400,000.00                    70.00               89.99   No MI                     NO MI                        0                                    6.250             0.375       0.0325     0.000               0.4075
      1103661176   LA PALMA                                             90623    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     275,000.00                     275,000.00   First Lien                                      0           275,000.00                         0.00                      -          690,000.00                    39.86               39.86   No MI                     NO MI                        0                                    6.375             0.250       0.0325     0.000               0.2825
      1103661191   XXXXXX XXXX XXXXXX                                   00000    SC                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     112,000.00                     111,941.33   First Lien                                      0           112,000.00                         0.00                      -          167,000.00                    67.07               67.07   No MI                     NO MI                        0                                    9.200             0.375       0.0325     0.000               0.4075
      1103661194   XXXXXXX XXXX                                         00000    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     210,400.00                     210,400.00   First Lien                                      0           210,400.00                         0.00                      -          263,000.00                    80.00               80.00   No MI                     NO MI                        0                                    8.250             0.375       0.0325     0.000               0.4075
      1103661219   AREA OF LOS ANGELES                                  90003    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     461,250.00                     461,250.00   First Lien                                      0           461,250.00                         0.00                      -          615,000.00                    75.00               75.00   No MI                     NO MI                        0                                    6.125             0.375       0.0325     0.000               0.4075
      1103661248   CLOVIS                                               88101    NM                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     167,650.00                     167,650.00   First Lien                                      0           167,650.00                         0.00                      -          239,500.00                    70.00               70.00   No MI                     NO MI                        0                                    6.625             0.375       0.0325     0.000               0.4075
      1103661269   LOS ANGELES                                          90047    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     405,600.00                     405,600.00   First Lien                                      0           405,600.00                         0.00                      -          624,000.00                    65.00               65.00   No MI                     NO MI                        0                                    5.990             0.250       0.0325     0.000               0.2825
      1103661279   PORT SAINT LUICE                                     34953    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     218,500.00                     218,500.00   First Lien                                      0           218,500.00                         0.00                 230000              230000                    95.00               95.00   PMI                       BPMI                        30                                   9.5000            0.3750       0.0325    0.0000               0.4075
      1103661288   DRUMS                                                18222    PA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     138,550.00                     138,452.20   First Lien                                      0           138,550.00                         0.00                      -          163,000.00                    85.00               85.00   PMI                       BPMI                        12                                    7.750             0.375       0.0325     0.000               0.4075
      1103661289   LAKE ARIEL                                           18436    PA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     190,500.00                     190,362.12   First Lien                                      0           190,500.00                         0.00                 254000              255000                    75.00               75.00   No MI                     NO MI                        0                                   7.6250            0.3750       0.0325    0.0000               0.4075
      1103661290   OSPREY                                               34229    FL                             20070301                 20370201   ARMS                    No                                              360                    360                          358                     506,250.00                     506,250.00   First Lien                                      0           506,250.00                         0.00                      -          675,000.00                    75.00               75.00   No MI                     NO MI                        0                                    7.875             0.375       0.0325     0.000               0.4075
      1103661291   SARASOTA                                             34239    FL                             20070301                 20370201   ARMS                    No                                              360                    360                          358                     740,000.00                     740,000.00   First Lien                                      0           740,000.00                         0.00                      -        1,255,000.00                    58.97               58.97   No MI                     NO MI                        0                                    7.000             0.375       0.0325     0.000               0.4075
      1103661292   REVERE                                               02151    MA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     190,400.00                     190,400.00   First Lien                                      0           238,000.00                    47,600.00                      -          238,000.00                    80.00              100.00   No MI                     NO MI                        0                                    7.125             0.375       0.0325     0.000               0.4075
      1103661293   MARLBOROUGH                                          06447    CT                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     234,400.00                     234,400.00   First Lien                                      0           249,000.00                    14,600.00                      -          293,000.00                    80.00               84.99   No MI                     NO MI                        0                                    7.625             0.375       0.0325     0.000               0.4075
      1103661294   DILLSBURG                                            17019    PA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     178,600.00                     178,477.09   First Lien                                      0           178,600.00                         0.00                 188000              190000                    95.00               95.00   PMI                       LPMI                        30                                   7.8750            0.3750       0.0325    0.9800               1.3875
      1103661295   TOPSFIELD                                            01983    MA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     700,000.00                     700,000.00   First Lien                                      0           700,000.00                         0.00                      -        1,000,000.00                    70.00               70.00   No MI                     NO MI                        0                                    6.750             0.375       0.0325     0.000               0.4075
      1103661296   NORTH PROVIDENCE                                     02911    RI                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     229,500.00                     229,500.00   First Lien                                      0           229,500.00                         0.00                 255000              255000                    90.00               90.00   PMI                       BPMI                        25                                   8.0000            0.3750       0.0325    0.0000               0.4075
      1103661297   LAKE HARMONY                                         18624    PA                             20070301                 20370201   ARMS                    No                                              360                    360                          358                     162,500.00                     162,500.00   First Lien                                      0           162,500.00                         0.00                 212500              264000                    76.48               76.48   No MI                     NO MI                        0                                   6.3750            0.3750       0.0325    0.0000               0.4075
      1103661299   CHELSEA                                              02150    MA                             20070301                 20370201   ARMS                    No                                              360                    360                          358                     301,600.00                     301,600.00   First Lien                                      0           360,272.00                    58,672.00                      -          380,000.00                    79.37               94.81   No MI                     NO MI                        0                                    6.875             0.375       0.0325     0.000               0.4075
      1103661300   XXXXXX                                               00000    PA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     176,550.00                     176,425.22   First Lien                                      0           176,550.00                         0.00                      -          235,400.00                    75.00               75.00   No MI                     NO MI                        0                                    7.750             0.375       0.0325     0.000               0.4075
      1103661301   HAZLETON                                             18202    PA                             20070301                 20370201   ARMS                    No                                              360                    360                          358                     137,500.00                     137,218.95   First Lien                                      0           137,500.00                         0.00                 275000              279000                    50.00               50.00   No MI                     NO MI                        0                                   5.8750            0.3750       0.0325    0.0000               0.4075
      1103661302   CAMBRIDGE                                            02139    MA                             20070301                 20370201   ARMS                    No                                              360                    360                          358                     214,120.00                     214,120.00   First Lien                                      0           267,650.00                    53,530.00                 267650              275000                    80.00              100.00   No MI                     NO MI                        0                                   7.1250            0.3750       0.0325    0.0000               0.4075
      1103661303   EAST STROUDSBURG                                     18301    PA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     140,000.00                     140,000.00   First Lien                                      0           140,000.00                         0.00                      -          215,000.00                    65.12               65.12   No MI                     NO MI                        0                                    7.375             0.375       0.0325     0.000               0.4075
      1103661304   BROOKLYN                                             11211    NY                             20070301                 20370201   ARMS                    No                                              360                    360                          358                     501,000.00                     500,931.27   First Lien                                      0           501,000.00                         0.00                      -        1,000,000.00                    50.10               50.10   No MI                     NO MI                        0                                    6.625             0.375       0.0325     0.000               0.4075
      1103661305   GARFIELD                                             07026    NJ                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     447,000.00                     447,000.00   First Lien                                      0           447,000.00                         0.00                      -          610,000.00                    73.28               73.28   No MI                     NO MI                        0                                    7.750             0.375       0.0325     0.000               0.4075
      0000000000   NEW BEDFORD                                          02740    MA                             20070301                 20370201   ARMS                    No                                              360                    360                          358                     196,350.00                     196,350.00   First Lien                                      0           196,350.00                         0.00                      -          231,000.00                    85.00               85.00   PMI                       BPMI                        12                                    8.750             0.375       0.0325     0.000               0.4075
      1103661307   XXXXXXX                                              00000    XX                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     213,750.00                     213,750.00   First Lien                                      0           285,000.00                    71,250.00                      -          285,000.00                    75.00              100.00   No MI                     NO MI                        0                                    7.375             0.375       0.0325     0.000               0.4075
      1103661309   LINWOOD                                              08221    NJ                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     177,500.00                     177,500.00   First Lien                                      0           177,500.00                         0.00                 355000              355000                    50.00               50.00   No MI                     NO MI                        0                                   6.6250            0.3750       0.0325    0.0000               0.4075
      1103661312   XXXXX XXXXX                                          92887    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     465,500.00                     465,500.00   First Lien                                      0           465,500.00                         0.00                      -          665,000.00                    70.00               70.00   No MI                     NO MI                        0                                    7.990             0.375       0.0325     0.000               0.4075
      1103661342   BAKERSFIELD                                          93312    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     299,500.00                     299,500.00   First Lien                                      0           299,500.00                         0.00                      -          375,000.00                    79.87               79.87   No MI                     NO MI                        0                                    6.750             0.375       0.0325     0.000               0.4075
      1103661343   LOVELAND                                             80538    CO                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     107,500.00                     107,500.00   First Lien                                      0           107,500.00                         0.00                      -          175,000.00                    61.43               61.43   No MI                     NO MI                        0                                    7.450             0.375       0.0325     0.000               0.4075
      1103661354   NANTUCKET                                            02554    MA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     583,000.00                     583,000.00   First Lien                                      0           583,000.00                         0.00                      -        1,200,000.00                    48.59               48.59   No MI                     NO MI                        0                                    7.500             0.375       0.0325     0.000               0.4075
      1103661401   OAKLAND                                              94621    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     250,000.00                     250,000.00   First Lien                                      0           250,000.00                         0.00                      -          400,000.00                    62.50               62.50   No MI                     NO MI                        0                                    7.875             0.375       0.0325     0.000               0.4075
      1103661403   SANTA XXX                                            92707    CA                             20070501                 20370401   ARMS                    Yes                                             360                    480                          360                     296,000.00                     295,851.37   First Lien                                      0           296,000.00                         0.00                      -          370,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.000             0.375       0.0325     0.000               0.4075
      1103661437   XXXXX XXXXX                                          00000    AZ                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     195,500.00                     195,500.00   First Lien                                      0           195,500.00                         0.00                 230000              230000                    85.00               85.00   PMI                       LPMI                        22                                   9.6000            0.3750       0.0325    0.4400               0.8475
      1103661450   ISSAQUAH                                             98029    WA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     284,800.00                     284,800.00   First Lien                                      0           338,200.00                    53,400.00                 356000              360000                    80.00               95.00   No MI                     NO MI                        0                                   6.1250            0.3750       0.0325    0.0000               0.4075
      1103661482   LONG BEACH                                           90810    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     236,000.00                     236,000.00   First Lien                                      0           236,000.00                         0.00                      -          475,000.00                    49.69               49.69   No MI                     NO MI                        0                                    5.650             0.375       0.0325     0.000               0.4075
      1103661529   CITRUS HEIGHTS                                       95610    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     200,000.00                     200,000.00   First Lien                                      0           200,000.00                         0.00                      -          315,000.00                    63.50               63.50   No MI                     NO MI                        0                                    6.250             0.375       0.0325     0.000               0.4075
      1103661542   CANYON COUNTRY AREA                                  91387    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     263,000.00                     263,000.00   First Lien                                      0           326,000.00                    63,000.00                      -          385,000.00                    68.32               84.68   No MI                     NO MI                        0                                    6.875             0.375       0.0325     0.000               0.4075
      1103661563   XXXXXXXXX XXXXXXX                                    00000    CO                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     454,500.00                     454,500.00   First Lien                                      0           454,500.00                         0.00                 505000              546000                    90.00               90.00   PMI                       LPMI                        25                                   9.0000            0.3750       0.0325    0.7200               1.1275
      1103661564   MIAMI                                                33147    FL                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     240,000.00                     240,000.00   First Lien                                      0           240,000.00                         0.00                      -          310,000.00                    77.42               77.42   No MI                     NO MI                        0                                    7.500             0.250       0.0325     0.000               0.2825
      1103661580   XXXXXXXXXX                                           00000    AZ                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     500,000.00                     500,000.00   First Lien                                      0           500,000.00                         0.00                      -        1,600,000.00                    31.25               31.25   No MI                     NO MI                        0                                    6.000             0.375       0.0325     0.000               0.4075
      1103661586   XXXXXXX XXXXXX                                       00000    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                   1,125,000.00                   1,125,000.00   First Lien                                      0         1,125,000.00                         0.00                      -        1,500,000.00                    75.00               75.00   No MI                     NO MI                        0                                    6.875             0.375       0.0325     0.000               0.4075
      0000000000   XXXXXXX XXXXX                                        00000    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     159,800.00                     159,631.04   First Lien                                      0           159,800.00                         0.00                      -          188,000.00                    85.00               85.00   PMI                       LPMI                        22                                    9.175             0.375       0.0325     0.780               1.1875
      1103661593   GULFPORT                                             39507    MS                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     142,400.00                     142,400.00   First Lien                                      0           170,900.00                    28,500.00                 189900              190000                    74.99               90.00   No MI                     NO MI                        0                                   6.6250            0.3750       0.0325    0.0000               0.4075
      1103661638   YERINGTON                                            89447    NV                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     288,000.00                     288,000.00   First Lien                                      0           341,000.00                    53,000.00                      -          360,000.00                    80.00               94.73   No MI                     NO MI                        0                                    7.125             0.375       0.0325     0.000               0.4075
      1103661647   SAN CLEMENTE                                         92672    CA                             20070601                 20370501   FIXED                   No                                              360                    360                          360                     740,000.00                     740,000.00   First Lien                                      0           740,000.00                         0.00                 925000              925000                    80.00               80.00   No MI                     NO MI                        0                                   7.2500            0.2500       0.0325    0.0000               0.2825
      0000000000   SAN JACINTO                                          92582    CA                             20070101                 20361201   FIXED                   No                                              360                    360                          356                     262,400.00                     262,400.00   First Lien                                      0           328,000.00                    65,600.00                 328000              370000                    80.00              100.00   No MI                     NO MI                        0                                   6.5000            0.2500       0.0325    0.0000               0.2825
      1103661692   LOS ANGELES                                          91344    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     290,000.00                     290,000.00   First Lien                                      0           290,000.00                         0.00                      -          600,000.00                    48.34               48.34   No MI                     NO MI                        0                                    6.625             0.375       0.0325     0.000               0.4075
      1103661701   XXXXXXX                                              95330    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     270,000.00                     270,000.00   First Lien                                      0           270,000.00                         0.00                 300000              396000                    90.00               90.00   PMI                       LPMI                        25                                   9.9900            0.3750       0.0325    0.7400               1.1475
      1103661712   SAN CLEMENTE                                         92673    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     476,000.00                     475,628.67   First Lien                                      0           476,000.00                         0.00                      -          680,000.00                    70.00               70.00   No MI                     NO MI                        0                                    7.250             0.375       0.0325     0.000               0.4075
      1103661724   LADERA RANCH                                         92694    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     365,000.00                     365,000.00   First Lien                                      0           365,000.00                         0.00                      -          800,000.00                    45.63               45.63   No MI                     NO MI                        0                                    5.800             0.375       0.0325     0.000               0.4075
      1103661746   RIVERSIDE                                            92505    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     262,500.00                     262,500.00   First Lien                                      0           262,500.00                         0.00                      -          375,000.00                    70.00               70.00   No MI                     NO MI                        0                                    7.125             0.375       0.0325     0.000               0.4075
      1103661747   COVINA                                               91723    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     488,000.00                     488,000.00   First Lien                                      0           610,000.00                   122,000.00                 610000              610000                    80.00              100.00   No MI                     NO MI                        0                                   7.6250            0.3750       0.0325    0.0000               0.4075
      1103661781   RANCHO CUCAMONGA                                     91737    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     508,000.00                     508,000.00   First Lien                                      0           508,000.00                         0.00                      -          565,000.00                    89.92               89.92   PMI                       LPMI                        25                                    8.875             0.375       0.0325     1.040               1.4475
      1103661783   EL MONTE                                             91731    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     310,000.00                     309,739.56   First Lien                                      0           310,000.00                         0.00                      -          470,000.00                    65.96               65.96   No MI                     NO MI                        0                                    6.875             0.250       0.0325     0.000               0.2825
      1103661787   INDIANAPOLIS                                         46239    IN                             20070101                 20361201   ARMS                    No                                              360                    360                          356                     134,400.00                     132,981.00   First Lien                                      0           134,400.00                         0.00                 168000              170000                    80.00               80.00   No MI                     NO MI                        0                                   7.5000            0.3750       0.0325    0.0000               0.4075
      1103661791   HIALEAH                                              33015    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     201,592.00                     201,592.00   First Lien                                      0           251,990.00                    50,398.00                 251990              252000                    80.00              100.00   No MI                     NO MI                        0                                   7.8750            0.3750       0.0325    0.0000               0.4075
      1103661792   NORTH LAUDERDALE                                     33068    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     203,000.00                     203,000.00   First Lien                                      0           228,000.00                    25,000.00                      -          315,000.00                    64.45               72.39   No MI                     NO MI                        0                                    6.500             0.375       0.0325     0.000               0.4075
      0000000000   XXXX XXXXX XXXXX                                     00000    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     203,992.00                     203,992.00   First Lien                                      0           254,990.00                    50,998.00                 254990              260000                    80.00              100.00   No MI                     NO MI                        0                                   8.2500            0.3750       0.0325    0.0000               0.4075
      1103661794   HIALEAH                                              33015    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     204,000.00                     204,000.00   First Lien                                      0           255,000.00                    51,000.00                 255000              260000                    80.00              100.00   No MI                     NO MI                        0                                   8.1250            0.3750       0.0325    0.0000               0.4075
      1103661795   XXXX XXXXX XXXXX                                     00000    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     204,000.00                     204,000.00   First Lien                                      0           204,000.00                         0.00                      -          255,000.00                    80.00               80.00   No MI                     NO MI                        0                                    8.000             0.375       0.0325     0.000               0.4075
      1103661796   XXXX XXXXX XXXXX                                     00000    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     205,120.00                     205,120.00   First Lien                                      0           256,400.00                    51,280.00                 256400              260000                    80.00              100.00   No MI                     NO MI                        0                                   7.6250            0.3750       0.0325    0.0000               0.4075
      1103661797   ARIZONA                                              85236    AZ                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     207,950.00                     207,950.00   First Lien                                      0           259,938.00                    51,988.00                 259950              260000                    80.00              100.00   No MI                     NO MI                        0                                   7.7500            0.3750       0.0325    0.0000               0.4075
      1103661804   LAKE WORTH                                           33460    FL                             20070201                 20370101   ARMS                    No                                              360                    360                          357                   1,000,000.00                   1,000,000.00   First Lien                                      0         1,217,949.00                   217,949.00                1295000             1475000                    77.22               94.06   No MI                     NO MI                        0                                   7.6250            0.3750       0.0325    0.0000               0.4075
      1103661806   MONTE SERENO                                         95030    CA                             20070101                 20361201   ARMS                    No                                              360                    360                          356                   1,000,000.00                   1,000,000.00   First Lien                                      0         1,250,000.00                   250,000.00                1250000             1350000                    80.00              100.00   No MI                     NO MI                        0                                   6.8750            0.3750       0.0325    0.0000               0.4075
      1103661807   KEY XXXXX                                            00000    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                   1,000,000.00                   1,000,000.00   First Lien                                      0         1,299,600.00                   299,600.00                1368000             1368000                    73.10               95.00   No MI                     NO MI                        0                                   8.0000            0.3750       0.0325    0.0000               0.4075
      1103661808   DENVER                                               80237    CO                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     138,000.00                     138,000.00   First Lien                                      0           172,500.00                    34,500.00                 172500              175000                    80.00              100.00   No MI                     NO MI                        0                                   7.6250            0.3750       0.0325    0.0000               0.4075
      1103661809   NORTH MIAMI BEACH                                    33162    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     140,000.00                     140,000.00   First Lien                                      0           157,500.00                    17,500.00                 175000              175000                    80.00               90.00   No MI                     NO MI                        0                                   7.5000            0.3750       0.0325    0.0000               0.4075
      1103661810   NORTH MIAMI BEACH                                    33162    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     140,000.00                     140,000.00   First Lien                                      0           157,500.00                    17,500.00                 175000              175000                    80.00               90.00   No MI                     NO MI                        0                                   7.5000            0.3750       0.0325    0.0000               0.4075
      1103661811   NORTH CHARLESTON                                     29418    SC                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     142,405.00                     142,405.00   First Lien                                      0           142,405.00                         0.00                 149900              150000                    95.00               95.00   PMI                       BPMI                        30                                   8.2500            0.3750       0.0325    0.0000               0.4075
      1103661813   CARMICHAEL                                           95608    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     148,000.00                     148,000.00   First Lien                                      0           185,000.00                    37,000.00                 185000              195000                    80.00              100.00   No MI                     NO MI                        0                                   7.3750            0.3750       0.0325    0.0000               0.4075
      1103661815   ELBERTON                                             30635    GA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     107,800.00                     107,725.80   First Lien                                      0           107,800.00                         0.00                 113500              115000                    94.98               94.98   PMI                       BPMI                        30                                   7.8750            0.3750       0.0325    0.0000               0.4075
      1103661816   LAUDERHILL                                           33319    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     108,000.00                     108,000.00   First Lien                                      0           108,000.00                         0.00                 120000              145000                    90.00               90.00   PMI                       BPMI                        25                                   8.0000            0.3750       0.0325    0.0000               0.4075
      1103661818   HAMTRAMCK                                            48212    MI                             20070401                 20370301   ARMS                    No                                              360                    360                          359                      54,800.00                      54,800.00   First Lien                                      0            64,052.00                     9,252.00                      -           72,000.00                    76.12               88.97   No MI                     NO MI                        0                                    7.875             0.375       0.0325     0.000               0.4075
      0000000000   KINGSTREE                                            29556    SC                             20070401                 20370301   ARMS                    No                                              360                    360                          359                      55,350.00                      55,315.59   First Lien                                      0            55,350.00                         0.00                      -           73,800.00                    75.00               75.00   No MI                     NO MI                        0                                    8.375             0.375       0.0325     0.000               0.4075
      1103661820   XXXXXXXXX                                            29554    SC                             20070401                 20370301   ARMS                    No                                              360                    360                          359                      63,750.00                      63,710.37   First Lien                                      0            63,750.00                         0.00                      -           85,500.00                    74.57               74.57   No MI                     NO MI                        0                                    8.375             0.375       0.0325     0.000               0.4075
      1103661821   BROWNVILLE                                           04414    ME                             20070501                 20370401   ARMS                    No                                              360                    360                          360                      66,025.00                      66,025.00   First Lien                                      0            66,025.00                         0.00                  69500               80000                    95.00               95.00   PMI                       BPMI                        30                                   8.2500            0.3750       0.0325    0.0000               0.4075
      1103661822   DETROIT                                              48235    MI                             20070401                 20370301   ARMS                    No                                              360                    360                          359                      68,000.00                      67,952.00   First Lien                                      0            68,000.00                         0.00                      -           85,000.00                    80.00               80.00   No MI                     NO MI                        0                                    7.750             0.375       0.0325     0.000               0.4075
      1103661825   RIDGE MANOR                                          33523    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                      81,600.00                      81,600.00   First Lien                                      0            81,600.00                         0.00                      -          102,000.00                    80.00               80.00   No MI                     NO MI                        0                                    8.000             0.375       0.0325     0.000               0.4075
      1103661826   PORT XXXXXX                                          34668    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                      82,400.00                      82,400.00   First Lien                                      0            92,700.00                    10,300.00                 103000              120000                    80.00               90.00   No MI                     NO MI                        0                                   8.2500            0.3750       0.0325    0.0000               0.4075
      0000000000   MIAMI                                                85539    AZ                             20070401                 20370301   ARMS                    No                                              360                    360                          359                      82,800.00                      82,800.00   First Lien                                      0            82,800.00                         0.00                  92000               98000                    90.00               90.00   PMI                       LPMI                        25                                   8.2500            0.3750       0.0325    0.7000               1.1075
      1103661829   PENSACOLA                                            32503    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                      87,920.00                      87,920.00   First Lien                                      0            87,920.00                         0.00                 109900              138000                    80.00               80.00   No MI                     NO MI                        0                                   7.7500            0.3750       0.0325    0.0000               0.4075
      1103661830   SPOKANE VALLEY                                       99212    WA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                      90,000.00                      89,931.51   First Lien                                      0            90,000.00                         0.00                      -          126,000.00                    71.43               71.43   No MI                     NO MI                        0                                    7.375             0.375       0.0325     0.000               0.4075
      1103661831   COLUMBIA                                             65202    MO                             20070501                 20370401   ARMS                    No                                              360                    360                          360                      91,040.00                      91,040.00   First Lien                                      0            91,040.00                         0.00                 113800              114000                    80.00               80.00   No MI                     NO MI                        0                                   7.8750            0.3750       0.0325    0.0000               0.4075
      1103661833   LINCOLNTON                                           28092    NC                             20070401                 20370301   ARMS                    No                                              360                    360                          359                      94,000.00                      94,000.00   First Lien                                      0           117,500.00                    23,500.00                 117500              122000                    80.00              100.00   No MI                     NO MI                        0                                   8.2500            0.3750       0.0325    0.0000               0.4075
      1103661834   XXXX                                                 27511    NC                             20070401                 20370301   ARMS                    No                                              360                    360                          359                      94,400.00                      94,341.32   First Lien                                      0            94,400.00                         0.00                 118000              125000                    80.00               80.00   No MI                     NO MI                        0                                   8.3750            0.3750       0.0325    0.0000               0.4075
      0000000000   KERNERSVILLE                                         27284    NC                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     100,700.00                     100,634.10   First Lien                                      0           100,700.00                         0.00                 106000              117500                    95.00               95.00   PMI                       BPMI                        30                                   8.1250            0.3750       0.0325    0.0000               0.4075
      1103661836   XXXXXXXX                                             28105    NC                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     103,200.00                     103,200.00   First Lien                                      0           103,200.00                         0.00                 129000              132000                    80.00               80.00   No MI                     NO MI                        0                                   7.2500            0.3750       0.0325    0.0000               0.4075
      1103661839   XXXX XXXXX                                           00000    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     105,000.00                     105,000.00   First Lien                                      0           140,000.00                    35,000.00                 140000              140000                    75.00              100.00   No MI                     NO MI                        0                                   7.5000            0.3750       0.0325    0.0000               0.4075
      1103661841   LYNCHBURG                                            24502    VA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     109,600.00                     109,600.00   First Lien                                      0           137,000.00                    27,400.00                 137000              138000                    80.00              100.00   No MI                     NO MI                        0                                   8.3750            0.3750       0.0325    0.0000               0.4075
      1103661842   XXXXXX                                               34667    FL                             20070201                 20370101   ARMS                    No                                              360                    360                          357                     110,400.00                     110,027.30   First Lien                                      0           110,400.00                         0.00                      -          138,000.00                    80.00               80.00   No MI                     NO MI                        0                                    8.000             0.375       0.0325     0.000               0.4075
      0000000000   PHOENIX                                              85027    AZ                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     110,400.00                     110,400.00   First Lien                                      0           138,000.00                    27,600.00                 138000              138000                    80.00              100.00   No MI                     NO MI                        0                                   8.3750            0.3750       0.0325    0.0000               0.4075
      1103661844   PHOENIX                                              85042    AZ                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     112,000.00                     111,928.60   First Lien                                      0           112,000.00                         0.00                 140000              140000                    80.00               80.00   No MI                     NO MI                        0                                   8.2500            0.3750       0.0325    0.0000               0.4075
      1103661845   ATLANTA                                              30331    GA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     114,260.00                     114,260.00   First Lien                                      0           142,825.00                    28,565.00                 142825              146000                    80.00              100.00   No MI                     NO MI                        0                                   6.8750            0.3750       0.0325    0.0000               0.4075
      1103661846   SWANNANOA                                            28778    NC                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     115,200.00                     115,200.00   First Lien                                      0           115,200.00                         0.00                      -          156,000.00                    73.85               73.85   No MI                     NO MI                        0                                    8.375             0.375       0.0325     0.000               0.4075
      1103661848   HIALEAH                                              33010    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     116,000.00                     115,926.00   First Lien                                      0           145,000.00                    29,000.00                 145000              145000                    80.00              100.00   No MI                     NO MI                        0                                   8.2500            0.3750       0.0325    0.0000               0.4075
      1103661849   TRENTON                                              08611    NJ                             20070201                 20370101   ARMS                    No                                              360                    360                          357                     116,000.00                     116,000.00   First Lien                                      0           116,000.00                         0.00                      -          145,000.00                    80.00               80.00   No MI                     NO MI                        0                                    8.000             0.375       0.0325     0.000               0.4075
      0000000000   HOLLYWOOD                                            33020    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     117,940.00                     117,940.00   First Lien                                      0           147,425.00                    29,485.00                 147425              148000                    80.00              100.00   No MI                     NO MI                        0                                   7.8750            0.3750       0.0325    0.0000               0.4075
      1103661851   PHILADELPHIA                                         19149    PA                             20070201                 20370101   ARMS                    No                                              360                    360                          357                     120,000.00                     119,684.90   First Lien                                      0           150,000.00                    30,000.00                 150000              150000                    80.00              100.00   No MI                     NO MI                        0                                   8.1250            0.3750       0.0325    0.0000               0.4075
      1103661852   HOUSTON                                              77011    TX                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     120,000.00                     119,917.40   First Lien                                      0           120,000.00                         0.00                      -          150,000.00                    80.00               80.00   No MI                     NO MI                        0                                    7.875             0.375       0.0325     0.000               0.4075
      1103661853   PORTLAND                                             97236    OR                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     120,000.00                     120,000.00   First Lien                                      0           152,000.00                    32,000.00                 160000              167000                    75.00               95.00   No MI                     NO MI                        0                                   7.3750            0.3750       0.0325    0.0000               0.4075
      1103661854   WATERBURY                                            06704    CT                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     121,600.00                     121,600.00   First Lien                                      0           136,800.00                    15,200.00                 152000              152000                    80.00               90.00   No MI                     NO MI                        0                                   8.0000            0.3750       0.0325    0.0000               0.4075
      1103661855   PROVO                                                84604    UT                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     124,000.00                     124,000.00   First Lien                                      0           124,000.00                         0.00                 155000              155000                    80.00               80.00   No MI                     NO MI                        0                                   8.3750            0.3750       0.0325    0.0000               0.4075
      1103661856   INDIANAPOLIS                                         46208    IN                             20070201                 20370101   ARMS                    No                                              360                    360                          357                     125,000.00                     125,000.00   First Lien                                      0           125,000.00                         0.00                      -          170,000.00                    73.53               73.53   No MI                     NO MI                        0                                    8.250             0.375       0.0325     0.000               0.4075
      1103661857   FLOWERY BRANCH                                       30542    GA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     125,600.00                     125,600.00   First Lien                                      0           157,000.00                    31,400.00                 157000              157000                    80.00              100.00   No MI                     NO MI                        0                                   8.2500            0.3750       0.0325    0.0000               0.4075
      1103661859   CHARLOTTE                                            28214    NC                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     126,624.00                     126,624.00   First Lien                                      0           126,624.00                         0.00                 158281              162000                    80.00               80.00   No MI                     NO MI                        0                                   7.8750            0.3750       0.0325    0.0000               0.4075
      1103661860   BOURBONNAIS                                          60914    IL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     211,600.00                     211,600.00   First Lien                                      0           264,500.00                    52,900.00                      -          264,500.00                    80.00              100.00   No MI                     NO MI                        0                                    7.500             0.375       0.0325     0.000               0.4075
      1103661861   XXXX XXXXX XXXXX                                     00000    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     212,000.00                     212,000.00   First Lien                                      0           265,000.00                    53,000.00                      -          265,000.00                    80.00              100.00   No MI                     NO MI                        0                                    7.875             0.375       0.0325     0.000               0.4075
      1103661862   MIRAMAR                                              33025    FL                             20070101                 20361201   ARMS                    No                                              360                    360                          356                     213,600.00                     213,600.00   First Lien                                      0           267,000.00                    53,400.00                 267000              270000                    80.00              100.00   No MI                     NO MI                        0                                   7.5000            0.3750       0.0325    0.0000               0.4075
      1103661863   UPPER MARLBORO                                       20772    MD                             20070101                 20361201   ARMS                    No                                              360                    360                          356                     213,750.00                     213,750.00   First Lien                                      0           285,000.00                    71,250.00                 285000              312000                    75.00              100.00   No MI                     NO MI                        0                                   7.8750            0.3750       0.0325    0.0000               0.4075
      1103661864   CHARLOTTE                                            28277    NC                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     216,000.00                     216,000.00   First Lien                                      0           216,000.00                         0.00                 240000              243000                    90.00               90.00   PMI                       BPMI                        25                                   8.3750            0.3750       0.0325    0.0000               0.4075
      1103661865   MOUNT PLEASANT                                       29464    SC                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     219,200.00                     219,200.00   First Lien                                      0           274,000.00                    54,800.00                 274000              277000                    80.00              100.00   No MI                     NO MI                        0                                   7.8750            0.3750       0.0325    0.0000               0.4075
      1103661866   XXXXXXX XXXXX                                        00000    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     220,000.00                     220,000.00   First Lien                                      0           261,250.00                    41,250.00                 275000              285000                    80.00               95.00   No MI                     NO MI                        0                                   7.7500            0.3750       0.0325    0.0000               0.4075
      1103661867   XXXX XXXX XXXXX                                      00000    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     223,920.00                     223,920.00   First Lien                                      0           265,905.00                    41,985.00                 279900              280000                    80.00               95.00   No MI                     NO MI                        0                                   8.3750            0.3750       0.0325    0.0000               0.4075
      0000000000   BUCKEYE                                              85396    AZ                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     223,950.00                     223,950.00   First Lien                                      0           279,938.00                    55,988.00                 279950              281000                    80.00              100.00   No MI                     NO MI                        0                                   7.5000            0.3750       0.0325    0.0000               0.4075
      1103661870   GREENSBORO                                           27406    NC                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     131,920.00                     131,920.00   First Lien                                      0           164,900.00                    32,980.00                 164900              179000                    80.00              100.00   No MI                     NO MI                        0                                   8.0000            0.3750       0.0325    0.0000               0.4075
      1103661872   GULF SHORES                                          36542    AL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     155,920.00                     155,920.00   First Lien                                      0           185,155.00                    29,235.00                 194900              194900                    80.00               95.00   No MI                     NO MI                        0                                   8.1250            0.3750       0.0325    0.0000               0.4075
      1103661873   MIAMI                                                33173    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     156,000.00                     156,000.00   First Lien                                      0           156,000.00                         0.00                      -          195,000.00                    80.00               80.00   No MI                     NO MI                        0                                    7.125             0.375       0.0325     0.000               0.4075
      1103661874   XXXXXXXX XXXXXXX                                     00000    CO                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     156,750.00                     156,644.80   First Lien                                      0           173,750.00                    17,000.00                      -          209,000.00                    75.00               83.14   No MI                     NO MI                        0                                    8.000             0.375       0.0325     0.000               0.4075
      1103661877   ROYAL PALM BEACH                                     33411    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     159,750.00                     159,750.00   First Lien                                      0           213,000.00                    53,250.00                 213000              213000                    75.00              100.00   No MI                     NO MI                        0                                   6.7500            0.3750       0.0325    0.0000               0.4075
      1103661878   PAWTUCKET                                            02860    RI                             20070201                 20370101   ARMS                    No                                              360                    360                          357                     160,000.00                     159,578.90   First Lien                                      0           200,000.00                    40,000.00                 200000              250000                    80.00              100.00   No MI                     NO MI                        0                                   8.1250            0.3750       0.0325    0.0000               0.4075
      1103661879   FAIRBURN                                             30213    GA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     161,764.00                     161,764.00   First Lien                                      0           184,007.00                    22,243.00                 202205              206000                    80.00               91.01   No MI                     NO MI                        0                                   7.3750            0.3750       0.0325    0.0000               0.4075
      1103661881   XXXX XXXXXXXXXX                                      00000    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     165,750.00                     165,750.00   First Lien                                      0           165,750.00                         0.00                      -          255,000.00                    65.00               65.00   No MI                     NO MI                        0                                    8.000             0.375       0.0325     0.000               0.4075
      1103661882   WINTER PARK                                          32792    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     166,000.00                     166,000.00   First Lien                                      0           166,000.00                         0.00                      -          207,500.00                    80.00               80.00   No MI                     NO MI                        0                                    7.875             0.375       0.0325     0.000               0.4075
      1103661883   XXXXXX                                               85236    AZ                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     167,950.00                     167,950.00   First Lien                                      0           188,944.00                    20,994.00                 209950              215000                    80.00               90.00   No MI                     NO MI                        0                                   7.5000            0.3750       0.0325    0.0000               0.4075
      0000000000   THOMASVILLE                                          31792    GA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     168,000.00                     167,881.40   First Lien                                      0           199,500.00                    31,500.00                      -          210,000.00                    80.00               95.00   No MI                     NO MI                        0                                    7.750             0.375       0.0325     0.000               0.4075
      1103661885   AUSTIN                                               78704    TX                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     169,000.00                     168,894.90   First Lien                                      0           169,000.00                         0.00                 178000              178000                    94.95               94.95   PMI                       BPMI                        30                                   8.3750            0.3750       0.0325    0.0000               0.4075
      1103661886   WEST SPRINGFIELD                                     01089    MA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     169,600.00                     169,483.30   First Lien                                      0           169,600.00                         0.00                      -          212,000.00                    80.00               80.00   No MI                     NO MI                        0                                    7.875             0.375       0.0325     0.000               0.4075
      1103661887   MAPLEWOOD                                            55109    MN                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     171,000.00                     170,893.70   First Lien                                      0           171,000.00                         0.00                 190000              191000                    90.00               90.00   PMI                       BPMI                        25                                   8.3750            0.3750       0.0325    0.0000               0.4075
      1103661888   MUNISING                                             49862    MI                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     173,610.00                     173,504.80   First Lien                                      0           173,610.00                         0.00                 192900              192900                    90.00               90.00   PMI                       BPMI                        25                                   8.5000            0.3750       0.0325    0.0000               0.4075
      1103661890   XXXX XXXXX XXXXX                                     00000    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     175,920.00                     175,920.00   First Lien                                      0           208,905.00                    32,985.00                 219900              233000                    80.00               95.00   No MI                     NO MI                        0                                   8.0000            0.3750       0.0325    0.0000               0.4075
      0000000000   MIAMI                                                33173    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     176,000.00                     176,000.00   First Lien                                      0           220,000.00                    44,000.00                 220000              220000                    80.00              100.00   No MI                     NO MI                        0                                   7.0000            0.3750       0.0325    0.0000               0.4075
      1103661893   DURHAM                                               27705    NC                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     179,100.00                     179,100.00   First Lien                                      0           179,100.00                         0.00                      -          238,800.00                    75.00               75.00   No MI                     NO MI                        0                                    6.875             0.375       0.0325     0.000               0.4075
      1103661894   XXXXX XXXXX XXXX                                     00000    MN                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     180,000.00                     180,000.00   First Lien                                      0           228,000.00                    48,000.00                 240000              240000                    75.00               95.00   No MI                     NO MI                        0                                   7.7500            0.3750       0.0325    0.0000               0.4075
      1103661895   XXXXXXXXXX                                           00000    AZ                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     184,000.00                     183,866.80   First Lien                                      0           230,000.00                    46,000.00                 230000              230000                    80.00              100.00   No MI                     NO MI                        0                                   7.6250            0.3750       0.0325    0.0000               0.4075
      1103661897   XXXXXX                                               85236    AZ                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     184,000.00                     184,000.00   First Lien                                      0           195,000.00                    11,000.00                      -          230,000.00                    80.00               84.79   No MI                     NO MI                        0                                    7.875             0.375       0.0325     0.000               0.4075
      1103661898   AVONDALE                                             85323    AZ                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     187,500.00                     187,500.00   First Lien                                      0           250,000.00                    62,500.00                 250000              256000                    75.00              100.00   No MI                     NO MI                        0                                   8.2500            0.3750       0.0325    0.0000               0.4075
      1103661899   MIAMI                                                33156    FL                             20070301                 20370201   ARMS                    No                                              360                    360                          358                     188,005.00                     187,616.40   First Lien                                      0           188,005.00                         0.00                 197900              198000                    95.00               95.00   PMI                       BPMI                        30                                   7.8750            0.3750       0.0325    0.0000               0.4075
      0000000000   COVINGTON                                            30014    GA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     188,000.00                     188,000.00   First Lien                                      0           188,000.00                         0.00                      -          235,000.00                    80.00               80.00   No MI                     NO MI                        0                                    7.125             0.375       0.0325     0.000               0.4075
      1103661901   EDINA                                                55435    MN                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     188,100.00                     188,100.00   First Lien                                      0           188,100.00                         0.00                      -          198,000.00                    95.00               95.00   PMI                       LPMI                        30                                    9.375             0.375       0.0325     1.230               1.6375
      1103661903   CHICAGO                                              60645    IL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     191,550.00                     191,550.00   First Lien                                      0           242,630.00                    51,080.00                 255400              256000                    75.00               95.00   No MI                     NO MI                        0                                   8.2500            0.3750       0.0325    0.0000               0.4075
      1103661904   WATERBURY                                            06706    CT                             20070201                 20370101   ARMS                    No                                              360                    360                          357                     192,000.00                     191,413.00   First Lien                                      0           192,000.00                         0.00                 240000              240000                    80.00               80.00   No MI                     NO MI                        0                                   7.3750            0.3750       0.0325    0.0000               0.4075
      1103661905   GLENDALE                                             85301    AZ                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     194,280.00                     194,280.00   First Lien                                      0           242,850.00                    48,570.00                 242850              243000                    80.00              100.00   No MI                     NO MI                        0                                   8.3750            0.3750       0.0325    0.0000               0.4075
      1103661907   LAS VEGAS                                            89108    NV                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     195,300.00                     195,300.00   First Lien                                      0           195,300.00                         0.00                      -          280,000.00                    69.75               69.75   No MI                     NO MI                        0                                    7.875             0.375       0.0325     0.000               0.4075
      1103661910   XXXX XXXX XXXXX                                      00000    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     198,400.00                     198,400.00   First Lien                                      0           248,000.00                    49,600.00                 248000              248000                    80.00              100.00   No MI                     NO MI                        0                                   8.1250            0.3750       0.0325    0.0000               0.4075
      1103661912   LAS VEGAS                                            89178    NV                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     228,756.00                     228,756.00   First Lien                                      0           285,945.00                    57,189.00                 285945              287000                    80.00              100.00   No MI                     NO MI                        0                                   7.5000            0.3750       0.0325    0.0000               0.4075
      1103661913   MOUNT PLEASANT                                       29464    SC                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     228,800.00                     228,800.00   First Lien                                      0           228,800.00                         0.00                      -          352,000.00                    65.00               65.00   No MI                     NO MI                        0                                    7.625             0.375       0.0325     0.000               0.4075
      1103661915   XXX XXXX XXXXXX                                      00000    FL                             20070301                 20370201   ARMS                    No                                              360                    360                          358                     232,000.00                     231,654.60   First Lien                                      0           290,000.00                    58,000.00                      -          290,000.00                    80.00              100.00   No MI                     NO MI                        0                                    7.500             0.375       0.0325     0.000               0.4075
      1103661916   MANASSAS                                             20111    VA                             20070101                 20361201   ARMS                    No                                              360                    360                          356                     233,600.00                     233,600.00   First Lien                                      0           292,000.00                    58,400.00                      -          292,000.00                    80.00              100.00   No MI                     NO MI                        0                                    8.000             0.375       0.0325     0.000               0.4075
      1103661917   EVERETT                                              98201    WA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     235,500.00                     235,281.90   First Lien                                      0           235,500.00                         0.00                      -          314,000.00                    75.00               75.00   No MI                     NO MI                        0                                    6.375             0.375       0.0325     0.000               0.4075
      0000000000   DENVER                                               80210    CO                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     236,000.00                     236,000.00   First Lien                                      0           236,000.00                         0.00                 295000              319000                    80.00               80.00   No MI                     NO MI                        0                                   8.3750            0.3750       0.0325    0.0000               0.4075
      1103661921   PORTLAND                                             97219    OR                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     239,200.00                     239,200.00   First Lien                                      0           299,000.00                    59,800.00                 299000              299000                    80.00              100.00   No MI                     NO MI                        0                                   8.2500            0.3750       0.0325    0.0000               0.4075
      1103661922   CHICAGO                                              60619    IL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     244,000.00                     243,844.40   First Lien                                      0           244,000.00                         0.00                      -          305,000.00                    80.00               80.00   No MI                     NO MI                        0                                    8.250             0.375       0.0325     0.000               0.4075
      1103661923   IDAHO FALLS                                          83404    ID                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     246,400.00                     246,400.00   First Lien                                      0           308,000.00                    61,600.00                 308000              310000                    80.00              100.00   No MI                     NO MI                        0                                   7.2500            0.3750       0.0325    0.0000               0.4075
      1103661924   XXXXXXXXX                                            00000    MD                             20070301                 20370201   ARMS                    No                                              360                    360                          358                     247,300.00                     247,300.00   First Lien                                      0           278,200.00                    30,900.00                 309175              311000                    79.99               89.99   No MI                     NO MI                        0                                   7.0000            0.3750       0.0325    0.0000               0.4075
      1103661925   DACULA                                               30019    GA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     247,688.00                     247,688.00   First Lien                                      0           247,688.00                         0.00                 260725              261000                    95.00               95.00   PMI                       BPMI                        30                                   7.0000            0.3750       0.0325    0.0000               0.4075
      0000000000   TUCSON                                               85716    AZ                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     248,000.00                     248,000.00   First Lien                                      0           248,000.00                         0.00                 310000              330000                    80.00               80.00   No MI                     NO MI                        0                                   8.3750            0.3750       0.0325    0.0000               0.4075
      1103661927   MALDEN                                               02148    MA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     248,800.00                     248,800.00   First Lien                                      0           311,000.00                    62,200.00                 311000              320000                    80.00              100.00   No MI                     NO MI                        0                                   7.5000            0.3750       0.0325    0.0000               0.4075
      1103661928   PASO XXXXXX                                          93446    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     250,000.00                     250,000.00   First Lien                                      0           250,000.00                         0.00                      -          440,000.00                    56.82               56.82   No MI                     NO MI                        0                                    7.250             0.375       0.0325     0.000               0.4075
      1103661929   MIRAMAR                                              33025    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     252,000.00                     252,000.00   First Lien                                      0           308,700.00                    56,700.00                      -          315,000.00                    80.00               98.00   No MI                     NO MI                        0                                    7.875             0.375       0.0325     0.000               0.4075
      1103661930   CHICAGO                                              60678    IL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     253,500.00                     253,500.00   First Lien                                      0           253,500.00                         0.00                 268233              274000                    94.51               94.51   PMI                       LPMI                        30                                   9.8750            0.3750       0.0325    1.2500               1.6575
      1103661931   ORLANDO                                              32835    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     256,000.00                     256,000.00   First Lien                                      0           320,000.00                    64,000.00                 320000              320000                    80.00              100.00   No MI                     NO MI                        0                                   8.1250            0.3750       0.0325    0.0000               0.4075
      1103661932   ATLANTA                                              30315    GA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     256,000.00                     256,000.00   First Lien                                      0           320,000.00                    64,000.00                 320000              320000                    80.00              100.00   No MI                     NO MI                        0                                   7.8750            0.3750       0.0325    0.0000               0.4075
      1103661933   BOSTON                                               02122    MA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     258,750.00                     258,750.00   First Lien                                      0           327,750.00                    69,000.00                 345000              345415                    75.00               95.00   No MI                     NO MI                        0                                   8.1250            0.3750       0.0325    0.0000               0.4075
      1103661935   CHICAGO                                              60659    IL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     260,000.00                     259,834.20   First Lien                                      0           308,750.00                    48,750.00                 325000              374000                    80.00               95.00   No MI                     NO MI                        0                                   8.2500            0.3750       0.0325    0.0000               0.4075
      1103661936   CHANDLER                                             85225    AZ                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     263,700.00                     263,494.30   First Lien                                      0           263,700.00                         0.00                      -          293,000.00                    90.00               90.00   PMI                       BPMI                        25                                    7.250             0.375       0.0325     0.000               0.4075
      1103661937   GURNEE                                               60031    IL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     268,000.00                     268,000.00   First Lien                                      0           301,500.00                    33,500.00                      -          335,000.00                    80.00               90.00   No MI                     NO MI                        0                                    8.375             0.375       0.0325     0.000               0.4075
      1103661938   TAMPA                                                33611    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     270,000.00                     270,000.00   First Lien                                      0           270,000.00                         0.00                      -          300,000.00                    90.00               90.00   PMI                       BPMI                        25                                    7.375             0.375       0.0325     0.000               0.4075
      1103661939   XXXXXXX XXXXXXX                                      00000    MD                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     270,000.00                     270,000.00   First Lien                                      0           270,000.00                         0.00                      -          306,000.00                    88.24               88.24   PMI                       BPMI                        25                                    7.625             0.375       0.0325     0.000               0.4075
      1103661940   BOWIE                                                20716    MD                             20070301                 20370201   ARMS                    No                                              360                    360                          358                     272,250.00                     271,579.40   First Lien                                      0           363,000.00                    90,750.00                      -          363,000.00                    75.00              100.00   No MI                     NO MI                        0                                    7.000             0.375       0.0325     0.000               0.4075
      0000000000   DRACUT                                               01826    MA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     276,800.00                     276,800.00   First Lien                                      0           346,000.00                    69,200.00                 346000              359000                    80.00              100.00   No MI                     NO MI                        0                                   7.7500            0.3750       0.0325    0.0000               0.4075
      1103661945   STRATFORD                                            06614    CT                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     284,000.00                     283,804.60   First Lien                                      0           331,333.00                    47,333.00                      -          365,000.00                    77.81               90.78   No MI                     NO MI                        0                                    7.875             0.375       0.0325     0.000               0.4075
      1103661946   MIAMI                                                33177    FL                             20070201                 20370101   ARMS                    No                                              360                    360                          357                     284,800.00                     284,800.00   First Lien                                      0           284,800.00                         0.00                      -          356,000.00                    80.00               80.00   No MI                     NO MI                        0                                    8.000             0.375       0.0325     0.000               0.4075
      1103661947   CEDAR HILLS                                          84062    UT                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     288,000.00                     288,000.00   First Lien                                      0           324,000.00                    36,000.00                 360000              362000                    80.00               90.00   No MI                     NO MI                        0                                   8.3750            0.3750       0.0325    0.0000               0.4075
      1103661949   XXXXXXX                                              00000    XX                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     292,000.00                     292,000.00   First Lien                                      0           292,000.00                         0.00                      -          365,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.500             0.375       0.0325     0.000               0.4075
      1103661950   PHILADELPHIA                                         19104    PA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     292,000.00                     292,000.00   First Lien                                      0           292,000.00                         0.00                      -          365,000.00                    80.00               80.00   No MI                     NO MI                        0                                    7.375             0.375       0.0325     0.000               0.4075
      1103661951   FAIRFAX                                              22030    VA                             20070101                 20361201   ARMS                    No                                              360                    360                          356                     296,000.00                     296,000.00   First Lien                                      0           351,500.00                    55,500.00                 370000              370000                    80.00               95.00   No MI                     NO MI                        0                                   8.2500            0.3750       0.0325    0.0000               0.4075
      1103661952   XXXXXXX                                              00000    XX                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     299,200.00                     299,200.00   First Lien                                      0           374,000.00                    74,800.00                 374000              375000                    80.00              100.00   No MI                     NO MI                        0                                   6.8750            0.3750       0.0325    0.0000               0.4075
      1103661953   XXXXX XXXXXXXXXX                                     00000    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     300,320.00                     300,113.30   First Lien                                      0           356,630.00                    56,310.00                 375400              379900                    80.00               95.00   No MI                     NO MI                        0                                   7.8750            0.3750       0.0325    0.0000               0.4075
      1103661954   PEORIA                                               85383    AZ                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     304,000.00                     304,000.00   First Lien                                      0           380,000.00                    76,000.00                 380000              383000                    80.00              100.00   No MI                     NO MI                        0                                   7.6250            0.3750       0.0325    0.0000               0.4075
      1103661955   GILBERT                                              85297    AZ                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     305,550.00                     305,550.00   First Lien                                      0           381,900.00                    76,350.00                 381939              420000                    80.00               99.99   No MI                     NO MI                        0                                   7.6250            0.3750       0.0325    0.0000               0.4075
      1103661956   ASHBURN                                              20147    VA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     305,600.00                     305,600.00   First Lien                                      0           382,000.00                    76,400.00                 382000              384000                    80.00              100.00   No MI                     NO MI                        0                                   7.6250            0.3750       0.0325    0.0000               0.4075
      1103661958   XXXXXXX XXXX                                         00000    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     313,600.00                     313,600.00   First Lien                                      0           392,000.00                    78,400.00                 392000              420000                    80.00              100.00   No MI                     NO MI                        0                                   7.8750            0.3750       0.0325    0.0000               0.4075
      0000000000   BLOOMINGTON                                          55420    MN                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     315,400.00                     315,400.00   First Lien                                      0           315,400.00                         0.00                 332000              351000                    95.00               95.00   PMI                       LPMI                        30                                  10.1250            0.3750       0.0325    1.0200               1.4275
      1103661960   ENGLEWOOD                                            34224    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     317,520.00                     317,520.00   First Lien                                      0           357,210.00                    39,690.00                 396900              410000                    80.00               90.00   No MI                     NO MI                        0                                   7.7500            0.3750       0.0325    0.0000               0.4075
      1103661961   XXXXXXX                                              85355    AZ                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     320,150.00                     320,150.00   First Lien                                      0           400,188.00                    80,038.00                 400221              412000                    80.00              100.00   No MI                     NO MI                        0                                   7.5000            0.3750       0.0325    0.0000               0.4075
      1103661962   XXXXXX                                               00000    XX                             20070201                 20370101   ARMS                    No                                              360                    360                          357                     328,000.00                     326,893.30   First Lien                                      0           328,000.00                         0.00                      -          410,000.00                    80.00               80.00   No MI                     NO MI                        0                                    8.000             0.375       0.0325     0.000               0.4075
      1103661963   SPRING VALLEY                                        10977    NY                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     328,000.00                     328,000.00   First Lien                                      0           328,000.00                         0.00                 365000              370000                    89.87               89.87   PMI                       LPMI                        25                                   7.5000            0.3750       0.0325    0.3600               0.7675
      1103661964   PHOENIX                                              85016    AZ                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     330,200.00                     330,200.00   First Lien                                      0           412,750.00                    82,550.00                 412805              430000                    79.99               99.99   No MI                     NO MI                        0                                   7.5000            0.3750       0.0325    0.0000               0.4075
      1103661965   MARICOPA                                             85239    AZ                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     331,700.00                     331,700.00   First Lien                                      0           414,600.00                    82,900.00                 414647              444000                    80.00               99.99   No MI                     NO MI                        0                                   7.1250            0.3750       0.0325    0.0000               0.4075
      1103661966   XXXXXXXXXX TWP.                                      08540    NJ                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     335,000.00                     335,000.00   First Lien                                      0           335,000.00                         0.00                      -          550,000.00                    60.91               60.91   No MI                     NO MI                        0                                    7.500             0.375       0.0325     0.000               0.4075
      0000000000   JOLIET                                               60431    IL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     336,000.00                     336,000.00   First Lien                                      0           420,000.00                    84,000.00                 420000              420000                    80.00              100.00   No MI                     NO MI                        0                                   8.3750            0.3750       0.0325    0.0000               0.4075
      1103661968   ORLANDO                                              32832    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     347,000.00                     347,000.00   First Lien                                      0           347,000.00                         0.00                 365269              424000                    95.00               95.00   PMI                       BPMI                        30                                   7.2500            0.3750       0.0325    0.0000               0.4075
      1103661969   CLOVER                                               29710    SC                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     350,000.00                     350,000.00   First Lien                                      0           350,000.00                         0.00                      -          470,000.00                    74.47               74.47   No MI                     NO MI                        0                                    6.625             0.375       0.0325     0.000               0.4075
      1103661970   WINTER PARK                                          32789    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     360,000.00                     360,000.00   First Lien                                      0           405,000.00                    45,000.00                      -          450,000.00                    80.00               90.00   No MI                     NO MI                        0                                    8.000             0.375       0.0325     0.000               0.4075
      1103661972   XXXXXX XXXX                                          00000    NJ                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     370,258.00                     370,027.86   First Lien                                      0           528,940.00                   158,682.00                 528940              528940                    70.00              100.00   No MI                     NO MI                        0                                   8.3750            0.3750       0.0325    0.0000               0.4075
      1103661974   XXXXXXX                                              85297    AZ                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     382,179.00                     382,179.00   First Lien                                      0           429,951.00                    47,772.00                 478484              510000                    79.88               89.86   No MI                     NO MI                        0                                   7.0000            0.3750       0.0325    0.0000               0.4075
      0000000000   TOMS RIVER                                           08753    NJ                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     383,000.00                     382,701.30   First Lien                                      0           383,000.00                         0.00                      -          520,000.00                    73.66               73.66   No MI                     NO MI                        0                                    7.250             0.375       0.0325     0.000               0.4075
      1103661976   MODESTO                                              95350    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     384,000.00                     384,000.00   First Lien                                      0           480,000.00                    96,000.00                 480000              480000                    80.00              100.00   No MI                     NO MI                        0                                   7.7500            0.3750       0.0325    0.0000               0.4075
      1103661978   XXXXXXXX XXXXX                                       00000    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     388,000.00                     388,000.00   First Lien                                      0           485,000.00                    97,000.00                 485000              485000                    80.00              100.00   No MI                     NO MI                        0                                   7.0000            0.3750       0.0325    0.0000               0.4075
      1103661979   ORLANDO                                              32837    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     392,000.00                     392,000.00   First Lien                                      0           490,000.00                    98,000.00                 490000              490000                    80.00              100.00   No MI                     NO MI                        0                                   7.1250            0.3750       0.0325    0.0000               0.4075
      1103661981   XXXXXX XXXXXX                                        00000    MD                             20070101                 20361201   ARMS                    No                                              360                    360                          356                     395,200.00                     395,200.00   First Lien                                      0           494,000.00                    98,800.00                 494000              500000                    80.00              100.00   No MI                     NO MI                        0                                   8.1250            0.3750       0.0325    0.0000               0.4075
      1103661982   NAPLES                                               34120    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     397,300.00                     397,300.00   First Lien                                      0           496,625.00                    99,325.00                 496668              520000                    80.00              100.00   No MI                     NO MI                        0                                   7.2500            0.3750       0.0325    0.0000               0.4075
      1103661987   XXXXX XXXXX                                          00000    AZ                             20070201                 20370101   ARMS                    No                                              360                    360                          357                     412,000.00                     412,000.00   First Lien                                      0           463,500.00                    51,500.00                      -          515,000.00                    80.00               90.00   No MI                     NO MI                        0                                    6.875             0.375       0.0325     0.000               0.4075
      1103661988   WOODBRIDGE                                           22192    VA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     412,500.00                     412,500.00   First Lien                                      0           495,000.00                    82,500.00                      -          520,000.00                    79.33               95.20   No MI                     NO MI                        0                                    7.250             0.375       0.0325     0.000               0.4075
      1103661990   BROOKLYN                                             11212    NY                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     504,000.00                     504,000.00   First Lien                                      0           684,000.00                   180,000.00                 720000              720000                    70.00               95.00   No MI                     NO MI                        0                                   8.2500            0.3750       0.0325    0.0000               0.4075
      0000000000   EVANSTON                                             60201    IL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     551,200.00                     551,200.00   First Lien                                      0           689,000.00                   137,800.00                 689000              689000                    80.00              100.00   No MI                     NO MI                        0                                   8.2500            0.3750       0.0325    0.0000               0.4075
      1103661993   XXXXX XXXXX                                          00000    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     440,800.00                     440,800.00   First Lien                                      0           523,450.00                    82,650.00                 551000              650000                    80.00               95.00   No MI                     NO MI                        0                                   8.2500            0.3750       0.0325    0.0000               0.4075
      1103661995   STONE MOUNTAIN                                       30087    GA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     436,950.00                     436,656.80   First Lien                                      0           436,950.00                         0.00                 490970              490000                    89.18               89.18   PMI                       LPMI                        25                                   8.0000            0.3750       0.0325    0.2500               0.6575
      1103661996   BOLINGBROOK                                          60440    IL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     440,000.00                     440,000.00   First Lien                                      0           440,000.00                         0.00                      -          550,000.00                    80.00               80.00   No MI                     NO MI                        0                                    8.375             0.375       0.0325     0.000               0.4075
      1103661998   XXXX XXXXX XXXXXXX                                   00000    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     450,000.00                     450,000.00   First Lien                                      0           450,000.00                         0.00                 500000              500000                    90.00               90.00   PMI                       LPMI                        25                                   7.2500            0.3750       0.0325    0.3100               0.7175
      1103661999   LAUREL                                               20707    MD                             20070101                 20361201   ARMS                    No                                              360                    360                          356                     455,920.00                     453,813.90   First Lien                                      0           569,900.00                   113,980.00                 569900              576000                    80.00              100.00   No MI                     NO MI                        0                                   8.1250            0.3750       0.0325    0.0000               0.4075
      1103662000   HALLANDALE                                           33009    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     461,250.00                     461,250.00   First Lien                                      0           615,000.00                   153,750.00                 615000              615000                    75.00              100.00   No MI                     NO MI                        0                                   7.7500            0.3750       0.0325    0.0000               0.4075
      1103662001   PURCELLVILLE                                         20132    VA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     463,992.00                     463,992.00   First Lien                                      0           579,990.00                   115,998.00                 579990              602000                    80.00              100.00   No MI                     NO MI                        0                                   7.3750            0.3750       0.0325    0.0000               0.4075
      1103662003   CHANDLER                                             85249    AZ                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     469,350.00                     469,350.00   First Lien                                      0           469,350.00                         0.00                 586710              600000                    80.00               80.00   No MI                     NO MI                        0                                   7.7500            0.3750       0.0325    0.0000               0.4075
      1103662004   BELLEVUE                                             98006    WA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     480,000.00                     480,000.00   First Lien                                      0           540,000.00                    60,000.00                      -          625,000.00                    76.80               86.40   No MI                     NO MI                        0                                    7.750             0.375       0.0325     0.000               0.4075
      1103662005   SAN DIEGO                                            92116    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     480,000.00                     480,000.00   First Lien                                      0           540,000.00                    60,000.00                      -          600,000.00                    80.00               90.00   No MI                     NO MI                        0                                    8.375             0.375       0.0325     0.000               0.4075
      1103662006   BELTSVILLE                                           20705    MD                             20070301                 20370201   ARMS                    No                                              360                    360                          358                     500,000.00                     500,000.00   First Lien                                      0           560,000.00                    60,000.00                      -          645,000.00                    77.52               86.83   No MI                     NO MI                        0                                    7.500             0.375       0.0325     0.000               0.4075
      0000000000   NAPLES                                               34119    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     517,500.00                     517,500.00   First Lien                                      0           655,500.00                   138,000.00                 690000              690000                    75.00               95.00   No MI                     NO MI                        0                                   7.3750            0.3750       0.0325    0.0000               0.4075
      1103662008   LAS VEGAS                                            89145    NV                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     522,150.00                     522,150.00   First Lien                                      0           671,336.00                   149,186.00                 745985              760000                    70.00               90.00   No MI                     NO MI                        0                                   7.5000            0.3750       0.0325    0.0000               0.4075
      1103662010   NAPLES                                               34119    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     540,000.00                     540,000.00   First Lien                                      0           684,000.00                   144,000.00                 719910              720000                    75.01               95.02   No MI                     NO MI                        0                                   7.3750            0.3750       0.0325    0.0000               0.4075
      1103662011   XXXX XXXXXXXXXX                                      00000    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     540,000.00                     540,000.00   First Lien                                      0           607,500.00                    67,500.00                 675000              675000                    80.00               90.00   No MI                     NO MI                        0                                   7.3750            0.3750       0.0325    0.0000               0.4075
      1103662012   XXXX XXXXXXXXXX                                      00000    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     540,000.00                     540,000.00   First Lien                                      0           607,500.00                    67,500.00                 675000              675000                    80.00               90.00   No MI                     NO MI                        0                                   7.3750            0.3750       0.0325    0.0000               0.4075
      1103662013   LAS VEGAS                                            89147    NV                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     544,000.00                     544,000.00   First Lien                                      0           612,000.00                    68,000.00                      -          680,000.00                    80.00               90.00   No MI                     NO MI                        0                                    7.875             0.375       0.0325     0.000               0.4075
      1103662014   XXXX XXXXXXXXXX                                      00000    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     545,360.00                     545,360.00   First Lien                                      0           744,385.00                   199,025.00                 785000              825000                    69.48               94.83   No MI                     NO MI                        0                                   7.2500            0.3750       0.0325    0.0000               0.4075
      0000000000   GLENDALE                                             91208    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     554,250.00                     554,250.00   First Lien                                      0           739,000.00                   184,750.00                 739000              740000                    75.00              100.00   No MI                     NO MI                        0                                   8.3750            0.3750       0.0325    0.0000               0.4075
      1103662018   PHOENIX                                              85022    AZ                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     603,000.00                     603,000.00   First Lien                                      0           805,000.00                   202,000.00                      -          805,000.00                    74.91              100.00   No MI                     NO MI                        0                                    7.875             0.375       0.0325     0.000               0.4075
      1103662020   AUBURN                                               95603    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     628,000.00                     628,000.00   First Lien                                      0           628,000.00                         0.00                      -          790,000.00                    79.50               79.50   No MI                     NO MI                        0                                    7.625             0.375       0.0325     0.000               0.4075
      1103662021   XXXXX XXXXX                                          00000    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     640,000.00                     640,000.00   First Lien                                      0           800,000.00                   160,000.00                 800000              815000                    80.00              100.00   No MI                     NO MI                        0                                   8.0000            0.3750       0.0325    0.0000               0.4075
      0000000000   EL CAJON                                             92021    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     700,000.00                     700,000.00   First Lien                                      0           875,000.00                   175,000.00                 875000              875000                    80.00              100.00   No MI                     NO MI                        0                                   7.0000            0.3750       0.0325    0.0000               0.4075
      1103662024   XXXXXXXXXX                                           00000    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     720,000.00                     720,000.00   First Lien                                      0           900,000.00                   180,000.00                 900000              925000                    80.00              100.00   No MI                     NO MI                        0                                   8.2500            0.3750       0.0325    0.0000               0.4075
      1103662027   XXXXXX                                               80134    CO                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     779,316.00                     779,316.00   First Lien                                      0           974,145.00                   194,829.00                 974146             1050000                    80.00              100.00   No MI                     NO MI                        0                                   7.7500            0.3750       0.0325    0.0000               0.4075
      1103662028   VACAVILLE                                            95688    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     800,000.00                     800,000.00   First Lien                                      0           800,000.00                         0.00                1000000             1000000                    80.00               80.00   No MI                     NO MI                        0                                   7.3750            0.3750       0.0325    0.0000               0.4075
      1103662029   DANVILLE                                             94526    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     832,000.00                     832,000.00   First Lien                                      0           982,000.00                   150,000.00                1040000             1040000                    80.00               94.43   No MI                     NO MI                        0                                   8.2500            0.3750       0.0325    0.0000               0.4075
      1103662030   CARLSBAD                                             92008    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     840,000.00                     840,000.00   First Lien                                      0           840,000.00                         0.00                      -        1,300,000.00                    64.62               64.62   No MI                     NO MI                        0                                    7.750             0.375       0.0325     0.000               0.4075
      1103662033   XXXXXXXX                                             85249    AZ                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     937,500.00                     937,500.00   First Lien                                      0         1,174,842.00                   237,342.00                      -        1,200,000.00                    78.13               97.91   No MI                     NO MI                        0                                    7.875             0.375       0.0325     0.000               0.4075
      0000000000   OAKLAND                                              94603    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     320,000.00                     320,000.00   First Lien                                      0           320,000.00                         0.00                      -          400,000.00                    80.00               80.00   No MI                     NO MI                        0                                    7.250             0.375       0.0325     0.000               0.4075
      1103662082   WHITTIER                                             90606    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     225,000.00                     224,765.09   First Lien                                      0           225,000.00                         0.00                      -          480,000.00                    46.88               46.88   No MI                     NO MI                        0                                    5.750             0.375       0.0325     0.000               0.4075
      1103662112   GARDEN GROVE                                         92843    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     318,500.00                     318,500.00   First Lien                                      0           318,500.00                         0.00                      -          379,000.00                    84.04               84.04   PMI                       LPMI                        22                                    7.875             0.375       0.0325     0.630               1.0375
      0000000000   WESTMINSTER                                          92683    CA                             20070601                 20370501   FIXED                   No                                              360                    360                          360                     401,000.00                     401,000.00   First Lien                                      0           401,000.00                         0.00                      -          585,000.00                    68.55               68.55   No MI                     NO MI                        0                                    6.125             0.250       0.0325     0.000               0.2825
      1103662157   LOS ANGELES                                          90037    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     415,000.00                     415,000.00   First Lien                                      0           415,000.00                         0.00                      -          530,000.00                    78.31               78.31   No MI                     NO MI                        0                                    7.875             0.375       0.0325     0.000               0.4075
      1103662166   TAMPA                                                33635    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     207,300.00                     207,300.00   First Lien                                      0           207,300.00                         0.00                      -          275,000.00                    75.39               75.39   No MI                     NO MI                        0                                    7.250             0.375       0.0325     0.000               0.4075
      1103662169   SAINT CLOUD                                          34772    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     420,000.00                     420,000.00   First Lien                                      0           420,000.00                         0.00                      -          645,000.00                    65.12               65.12   No MI                     NO MI                        0                                    6.625             0.375       0.0325     0.000               0.4075
      1103662170   BRENTWOOD                                            37027    TN                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     411,200.00                     411,200.00   First Lien                                      0           411,200.00                         0.00                      -          514,000.00                    80.00               80.00   No MI                     NO MI                        0                                    7.000             0.375       0.0325     0.000               0.4075
      0000000000   XXXX XXXXXXXXXX                                      00000    MD                             20070401                 20370401   ARMS                    Yes                                             360                    480                          359                     333,900.00                     333,781.45   First Lien                                      0           333,900.00                         0.00                      -          371,000.00                    90.00               90.00   PMI                       BPMI                        25                                    7.250             0.375       0.0325     0.000               0.4075
      1103662172   GERMANTOWN                                           20876    MD                             20070401                 20370301   ARMS                    Yes                                             360                    480                          359                     193,500.00                     193,428.83   First Lien                                      0           193,500.00                         0.00                      -          212,000.00                    91.28               91.28   PMI                       LPMI                        30                                    7.125             0.375       0.0325     0.650               1.0575
      1103662173   XXXX BURNIE                                          21061    MD                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     306,000.00                     306,000.00   First Lien                                      0           306,000.00                         0.00                      -          350,000.00                    87.43               87.43   PMI                       BPMI                        25                                    7.500             0.375       0.0325     0.000               0.4075
      1103662174   EDGEWATER                                            21037    MD                             20070401                 20370301   ARMS                    Yes                                             360                    480                          359                     279,000.00                     278,893.71   First Lien                                      0           279,000.00                         0.00                 310000              310000                    90.00               90.00   PMI                       LPMI                        25                                   7.0000            0.3750       0.0325    0.3400               0.7475
      1103662175   ARLINGTON                                            22204    VA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     228,000.00                     228,000.00   First Lien                                      0           228,000.00                         0.00                      -          285,000.00                    80.00               80.00   No MI                     NO MI                        0                                    7.125             0.375       0.0325     0.000               0.4075
      1103662177   XXXXXX                                               20706    MD                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     288,000.00                     288,000.00   First Lien                                      0           288,000.00                         0.00                      -          370,000.00                    77.84               77.84   No MI                     NO MI                        0                                    6.750             0.375       0.0325     0.000               0.4075
      1103662179   CLINTON                                              20735    MD                             20070401                 20370301   ARMS                    Yes                                             360                    480                          359                     220,000.00                     219,924.61   First Lien                                      0           220,000.00                         0.00                      -          298,000.00                    73.83               73.83   No MI                     NO MI                        0                                    7.375             0.375       0.0325     0.000               0.4075
      1103662184   LAKE GENEVA                                          53147    WI                             20070501                 20370301   ARMS                    Yes                                             360                    480                          360                     275,400.00                     275,400.00   First Lien                                      0           275,400.00                         0.00                 289900              289900                    95.00               95.00   PMI                       LPMI                        35                                   7.8750            0.3750       0.0325    0.6400               1.0475
      1103662185   XXXXX XXXX XXXXX                                     00000    IL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     229,000.00                     229,000.00   First Lien                                      0           229,000.00                         0.00                 229000              229000                   100.00              100.00   PMI                       LPMI                        35                                   7.8750            0.3750       0.0325    0.9600               1.3675
      1103662186   HOLIDAY HILLS                                        60051    IL                             20070501                 20370401   ARMS                    Yes                                             360                    480                          360                     138,700.00                     138,669.25   First Lien                                      0           138,700.00                         0.00                 146000              163300                    95.00               95.00   PMI                       LPMI                        30                                   8.8750            0.3750       0.0325    1.1600               1.5675
      1103662187   WESTCHESTER                                          60154    IL                             20070401                 20370401   ARMS                    Yes                                             360                    480                          359                     192,000.00                     191,960.48   First Lien                                      0           192,000.00                         0.00                 192000              214000                   100.00              100.00   PMI                       LPMI                        35                                   9.1250            0.3750       0.0325    1.8700               2.2775
      1103662188   XXXXXXXX                                             00000    AZ                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     299,000.00                     299,000.00   First Lien                                      0           399,000.00                   100,000.00                 420000              460000                    71.20               95.00   No MI                     NO MI                        0                                   8.3750            0.3750       0.0325    0.0000               0.4075
      0000000000   CORONA                                               92882    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     784,000.00                     784,000.00   First Lien                                      0           882,000.00                    98,000.00                      -          980,000.00                    80.00               90.00   No MI                     NO MI                        0                                    7.750             0.375       0.0325     0.000               0.4075
      1103662190   ORLANDO                                              32837    FL                             20070401                 20370301   ARMS                    Yes                                             360                    480                          359                     463,500.00                     463,335.43   First Lien                                      0           463,500.00                         0.00                 515000              520000                    90.00               90.00   PMI                       BPMI                        25                                   7.2500            0.3750       0.0325    0.0000               0.4075
      1103662191   LEHIGH ACRES                                         33971    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     216,250.00                     216,250.00   First Lien                                      0           216,250.00                         0.00                      -          230,000.00                    94.03               94.03   PMI                       LPMI                        30                                    7.875             0.375       0.0325     0.650               1.0575
      1103662192   LEHIGH ACRES                                         33971    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     227,000.00                     227,000.00   First Lien                                      0           227,000.00                         0.00                      -          260,000.00                    87.31               87.31   PMI                       LPMI                        25                                    8.250             0.375       0.0325     0.520               0.9275
      1103662194   XXXXXXXX XXXXXXX                                     00000    CO                             20070401                 20370301   ARMS                    Yes                                             360                    480                          359                     123,785.00                     123,749.54   First Lien                                      0           123,785.00                         0.00                      -          130,300.00                    95.00               95.00   PMI                       LPMI                        30                                    8.000             0.375       0.0325     0.850               1.2575
      1103662195   LEHIGH ACRES                                         33971    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     220,400.00                     220,400.00   First Lien                                      0           220,400.00                         0.00                      -          232,000.00                    95.00               95.00   PMI                       LPMI                        30                                    8.375             0.375       0.0325     0.830               1.2375
      1103662198   BRADENTON                                            34208    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     148,875.00                     148,875.00   First Lien                                      0           148,875.00                         0.00                      -          198,500.00                    75.00               75.00   No MI                     NO MI                        0                                    6.375             0.375       0.0325     0.000               0.4075
      1103662201   FORT XXXXX                                           33919    FL                             20070501                 20370401   ARMS                    Yes                                             360                    480                          360                      87,200.00                      87,200.00   First Lien                                      0           109,000.00                    21,800.00                 109000              109000                    80.00              100.00   No MI                     NO MI                        0                                   7.1250            0.3750       0.0325    0.0000               0.4075
      1103662202   KISSIMMEE                                            34759    FL                             20070401                 20370401   ARMS                    Yes                                             360                    480                          359                     168,000.00                     167,946.39   First Lien                                      0           168,000.00                         0.00                      -          210,000.00                    80.00               80.00   No MI                     NO MI                        0                                    7.625             0.375       0.0325     0.000               0.4075
      1103662203   HIALEAH                                              33015    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     146,320.00                     146,320.00   First Lien                                      0           164,610.00                    18,290.00                 182900              188000                    80.00               90.00   No MI                     NO MI                        0                                   7.2500            0.3750       0.0325    0.0000               0.4075
      1103662204   SAINT CLOUD                                          34771    FL                             20070401                 20370401   ARMS                    Yes                                             360                    480                          359                     312,000.00                     311,868.02   First Lien                                      0           312,000.00                         0.00                      -          390,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.625             0.375       0.0325     0.000               0.4075
      0000000000   CLERMONT                                             34711    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     306,000.00                     305,755.30   First Lien                                      0           306,000.00                         0.00                 340000              361000                    90.00               90.00   PMI                       BPMI                        25                                   7.1250            0.3750       0.0325    0.0000               0.4075
      1103662207   FORT XXXXXX                                          34982    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     104,500.00                     104,500.00   First Lien                                      0           104,500.00                         0.00                 110000              130000                    95.00               95.00   PMI                       LPMI                        30                                   8.8750            0.3750       0.0325    0.9500               1.3575
      1103662209   OCALA                                                34470    FL                             20070501                 20370401   ARMS                    Yes                                             360                    480                          360                     148,000.00                     148,000.00   First Lien                                      0           148,000.00                         0.00                      -          185,000.00                    80.00               80.00   No MI                     NO MI                        0                                    7.250             0.375       0.0325     0.000               0.4075
      1103662210   EVERETT                                              98204    WA                             20070401                 20370401   ARMS                    Yes                                             360                    480                          359                     228,900.00                     228,821.56   First Lien                                      0           228,900.00                         0.00                 228900              229000                   100.00              100.00   PMI                       LPMI                        35                                   7.3750            0.3750       0.0325    0.8300               1.2375
      1103662211   KISSIMMEE                                            34758    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     248,375.00                     248,375.00   First Lien                                      0           248,375.00                         0.00                      -          317,000.00                    78.36               78.36   No MI                     NO MI                        0                                    7.000             0.375       0.0325     0.000               0.4075
      1103662212   NORTH MIAMI                                          33161    FL                             20070401                 20370301   ARMS                    Yes                                             360                    480                          359                     265,000.00                     264,921.30   First Lien                                      0           265,000.00                         0.00                 265000              265000                   100.00              100.00   PMI                       LPMI                        35                                   7.8750            0.3750       0.0325    1.3500               1.7575
      0000000000   KISSIMMEE                                            34758    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     212,500.00                     212,500.00   First Lien                                      0           212,500.00                         0.00                      -          250,000.00                    85.00               85.00   PMI                       LPMI                        22                                    7.000             0.375       0.0325     0.450               0.8575
      1103662215   LEHIGH ACRES                                         33971    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     212,000.00                     212,000.00   First Lien                                      0           212,000.00                         0.00                      -          265,000.00                    80.00               80.00   No MI                     NO MI                        0                                    7.375             0.375       0.0325     0.000               0.4075
      1103662216   NAPLES                                               34120    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     184,000.00                     184,000.00   First Lien                                      0           207,000.00                    23,000.00                 230590              300000                    79.80               89.77   No MI                     NO MI                        0                                   7.6250            0.3750       0.0325    0.0000               0.4075
      1103662217   LAS VEGAS                                            89104    NV                             20070401                 20370301   ARMS                    Yes                                             360                    480                          359                     236,000.00                     235,943.67   First Lien                                      0           236,000.00                         0.00                 236000              236000                   100.00              100.00   PMI                       LPMI                        35                                   8.6250            0.3750       0.0325    1.4000               1.8075
      1103662218   HOLLYWOOD                                            33021    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     153,000.00                     153,000.00   First Lien                                      0           153,000.00                         0.00                      -          170,000.00                    90.00               90.00   PMI                       BPMI                        25                                    7.500             0.375       0.0325     0.000               0.4075
      1103662219   PHILADELPHIA                                         19120    PA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                      99,000.00                      99,000.00   First Lien                                      0            99,000.00                         0.00                      -          110,000.00                    90.00               90.00   PMI                       BPMI                        25                                    8.375             0.375       0.0325     0.000               0.4075
      1103662222   XXXXXXXX XXXXX                                       00000    FL                             20070501                 20370401   ARMS                    Yes                                             360                    480                          360                     114,000.00                     114,000.00   First Lien                                      0           114,000.00                         0.00                      -          190,000.00                    60.00               60.00   No MI                     NO MI                        0                                    6.750             0.375       0.0325     0.000               0.4075
      1103662223   ORLANDO                                              32836    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     405,000.00                     405,000.00   First Lien                                      0           405,000.00                         0.00                      -          560,000.00                    72.33               72.33   No MI                     NO MI                        0                                    6.750             0.375       0.0325     0.000               0.4075
      1103662224   RIVERDALE                                            20737    MD                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     250,000.00                     250,000.00   First Lien                                      0           250,000.00                         0.00                      -          340,000.00                    73.53               73.53   No MI                     NO MI                        0                                    6.875             0.375       0.0325     0.000               0.4075
      1103662225   WENTZVILLE                                           63385    MO                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     193,500.00                     193,500.00   First Lien                                      0           193,500.00                         0.00                      -          215,000.00                    90.00               90.00   PMI                       LPMI                        25                                    8.500             0.375       0.0325     1.180               1.5875
      1103662226   TAMPA                                                33604    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     106,400.00                     106,400.00   First Lien                                      0           106,400.00                         0.00                 112000              119000                    95.00               95.00   PMI                       BPMI                        30                                   7.3750            0.3750       0.0325    0.0000               0.4075
      1103662227   OCALA                                                34471    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     210,000.00                     209,855.48   First Lien                                      0           210,000.00                         0.00                 210000              248000                   100.00              100.00   PMI                       LPMI                        35                                   7.8750            0.3750       0.0325    0.9600               1.3675
      1103662229   CLEARWATER                                           33756    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     301,500.00                     301,500.00   First Lien                                      0           301,500.00                         0.00                      -          335,000.00                    90.00               90.00   PMI                       LPMI                        25                                    8.500             0.375       0.0325     0.810               1.2175
      1103662230   XXXXXXXXXX XXXXX                                     00000    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     136,000.00                     136,000.00   First Lien                                      0           136,000.00                         0.00                      -          170,000.00                    80.00               80.00   No MI                     NO MI                        0                                    7.375             0.375       0.0325     0.000               0.4075
      1103662231   ORLANDO                                              32808    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     148,500.00                     148,500.00   First Lien                                      0           148,500.00                         0.00                      -          165,000.00                    90.00               90.00   PMI                       BPMI                        25                                    7.000             0.375       0.0325     0.000               0.4075
      1103662232   ANDOVER                                              55304    MN                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     307,705.00                     307,705.00   First Lien                                      0           307,705.00                         0.00                 323900              325000                    95.00               95.00   PMI                       LPMI                        30                                   7.8750            0.3750       0.0325    0.9000               1.3075
      1103662233   NOBLESVILLE                                          46062    IN                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     155,714.00                     155,714.00   First Lien                                      0           155,714.00                         0.00                 163910              166000                    95.00               95.00   PMI                       LPMI                        30                                   8.3750            0.3750       0.0325    0.8300               1.2375
      1103662234   CHICAGO                                              60614    IL                             20070501                 20370301   ARMS                    Yes                                             360                    480                          360                     650,000.00                     650,000.00   First Lien                                      0           650,000.00                         0.00                      -          870,000.00                    74.72               74.72   No MI                     NO MI                        0                                    7.875             0.375       0.0325     0.000               0.4075
      0000000000   HIGHLAND                                             92346    CA                             20070601                 20370501   FIXED                   No                                              360                    360                          360                     376,000.00                     376,000.00   First Lien                                      0           376,000.00                         0.00                      -          420,000.00                    89.53               89.53   PMI                       LPMI                        25                                    7.375             0.250       0.0325     0.520               0.8025
      1103662280   BAKERSFIELD                                          93314    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     225,200.00                     225,200.00   First Lien                                      0           281,550.00                    56,350.00                 281560              282000                    79.99              100.00   No MI                     NO MI                        0                                   6.5000            0.2500       0.0325    0.0000               0.2825
      1103662283   RIVERSIDE                                            92505    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     264,000.00                     264,000.00   First Lien                                      0           264,000.00                         0.00                      -          440,000.00                    60.00               60.00   No MI                     NO MI                        0                                    6.125             0.375       0.0325     0.000               0.4075
      0000000000   LOS ANGELES                                          90049    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     415,000.00                     415,000.00   First Lien                                      0           415,000.00                         0.00                      -        1,250,000.00                    33.20               33.20   No MI                     NO MI                        0                                    6.000             0.375       0.0325     0.000               0.4075
      1103662300   ELK GROVE                                            95624    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     504,000.00                     504,000.00   First Lien                                      0           504,000.00                         0.00                      -          630,000.00                    80.00               80.00   No MI                     NO MI                        0                                    5.750             0.375       0.0325     0.000               0.4075
      0000000000   BROOKLYN                                             11217    NY                             20070201                 20370101   ARMS                    No                                              360                    360                          357                     500,000.00                     500,000.00   First Lien                                      0           500,000.00                         0.00                      -          700,000.00                    71.43               71.43   No MI                     NO MI                        0                                    5.875             0.375       0.0325     0.000               0.4075
      1103662330   XXXXX XXXXX                                          00000    CA                             20070201                 20370101   ARMS                    No                                              360                    360                          357                     544,000.00                     544,000.00   First Lien                                      0           680,000.00                   136,000.00                      -          680,000.00                    80.00              100.00   No MI                     NO MI                        0                                    7.250             0.375       0.0325     0.000               0.4075
      1103662332   WASHINGTON                                           20018    DC                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     397,580.00                     397,580.00   First Lien                                      0           397,580.00                         0.00                      -          543,800.00                    73.12               73.12   No MI                     NO MI                        0                                    8.125             0.375       0.0325     0.000               0.4075
      1103662340   FONTANA                                              92335    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     325,500.00                     325,500.00   First Lien                                      0           325,500.00                         0.00                      -          465,000.00                    70.00               70.00   No MI                     NO MI                        0                                    6.875             0.375       0.0325     0.000               0.4075
      1103662383   SANTA XXX                                            92703    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     370,150.00                     370,150.00   First Lien                                      0           370,150.00                         0.00                      -          630,000.00                    58.76               58.76   No MI                     NO MI                        0                                    6.375             0.375       0.0325     0.000               0.4075
      1103662400   CAMP VERDE                                           86322    AZ                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     101,000.00                     100,929.08   First Lien                                      0           101,000.00                         0.00                      -          382,000.00                    26.44               26.44   No MI                     NO MI                        0                                    7.775             0.375       0.0325     0.000               0.4075
      1103662432   LAS VEGAS                                            89118    NV                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     188,000.00                     188,000.00   First Lien                                      0           223,250.00                    35,250.00                 235115              247000                    79.97               94.96   No MI                     NO MI                        0                                   7.6250            0.3750       0.0325    0.0000               0.4075
      1103662448   SAN FRANCISCO                                        94114    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     928,000.00                     928,000.00   First Lien                                      0           928,000.00                         0.00                1160000             1160000                    80.00               80.00   No MI                     NO MI                        0                                   7.2500            0.3750       0.0325    0.0000               0.4075
      1103662480   DOWNEY                                               90242    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     522,500.00                     522,500.00   First Lien                                      0           522,500.00                         0.00                 550000              550000                    95.00               95.00   PMI                       LPMI                        30                                   7.9900            0.3750       0.0325    0.5800               0.9875
      0000000000   COACHELLA                                            92236    CA                             20070501                 20220401   FIXED                   No                                              180                    180                          180                     113,000.00                     112,627.73   First Lien                                      0           113,000.00                         0.00                      -          300,000.00                    37.67               37.67   No MI                     NO MI                        0                                    6.500             0.250       0.0325     0.000               0.2825
      1103662503   SPRING HILL                                          34609    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     132,000.00                     131,935.07   First Lien                                      0           132,000.00                         0.00                      -          165,000.00                    80.00               80.00   No MI                     NO MI                        0                                    9.500             0.375       0.0325     0.000               0.4075
      1103662507   LOS ANGELES                                          91331    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     373,800.00                     373,800.00   First Lien                                      0           534,000.00                   160,200.00                      -          540,000.00                    69.23               98.89   No MI                     NO MI                        0                                    6.625             0.375       0.0325     0.000               0.4075
      1103662512   XXXXXXXX XXXXX                                       00000    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     133,825.00                     133,825.00   First Lien                                      0           133,825.00                         0.00                 267650              270000                    50.00               50.00   No MI                     NO MI                        0                                   7.5000            0.3750       0.0325    0.0000               0.4075
      1103662531   XXXXX                                                93203    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     208,000.00                     208,000.00   First Lien                                      0           208,000.00                         0.00                      -          260,000.00                    80.00               80.00   No MI                     NO MI                        0                                    7.750             0.375       0.0325     0.000               0.4075
      1103662564   GERMANTOWN                                           20876    MD                             20070501                 20370401   ARMS                    Yes                                             360                    480                          360                     274,500.00                     274,432.03   First Lien                                      0           274,500.00                         0.00                      -          305,000.00                    90.00               90.00   PMI                       LPMI                        25                                    8.500             0.375       0.0325     1.510               1.9175
      0000000000   SAN DIEGO                                            92123    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     468,000.00                     468,000.00   First Lien                                      0           585,000.00                   117,000.00                      -          585,000.00                    80.00              100.00   No MI                     NO MI                        0                                    6.875             0.375       0.0325     0.000               0.4075
      0000000000   GULF BREEZE                                          32563    FL                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     360,000.00                     360,000.00   First Lien                                      0           360,000.00                         0.00                      -          750,000.00                    48.00               48.00   No MI                     NO MI                        0                                    6.750             0.375       0.0325     0.000               0.4075
      1103662663   PHOENIX                                              85035    AZ                             20070601                 20370501   FIXED                   No                                              360                    360                          360                     145,000.00                     145,000.00   First Lien                                      0           145,000.00                         0.00                      -          208,000.00                    69.72               69.72   No MI                     NO MI                        0                                    6.750             0.250       0.0325     0.000               0.2825
      0000000000   XXXXXXXX XXXXX XXXX                                  00000    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     311,200.00                     311,200.00   First Lien                                      0           311,200.00                         0.00                 389000              392000                    80.00               80.00   No MI                     NO MI                        0                                   5.8750            0.3750       0.0325    0.0000               0.4075
      1103662693   SANTA XXX                                            92703    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     462,000.00                     462,000.00   First Lien                                      0           462,000.00                         0.00                      -          625,000.00                    73.92               73.92   No MI                     NO MI                        0                                    6.375             0.375       0.0325     0.000               0.4075
      1103662735   LOS ANGELES                                          90026    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     485,000.00                     485,000.00   First Lien                                      0           485,000.00                         0.00                      -          720,000.00                    67.37               67.37   No MI                     NO MI                        0                                    6.375             0.375       0.0325     0.000               0.4075
      1103662753   XX XXXXX XXXXXXX                                     00000    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     456,000.00                     456,000.00   First Lien                                      0           456,000.00                         0.00                 760000              760000                    60.00               60.00   No MI                     NO MI                        0                                   5.8750            0.3750       0.0325    0.0000               0.4075
      1103662757   XXXXXXX XXXXX                                        00000    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     156,000.00                     156,000.00   First Lien                                      0           156,000.00                         0.00                 195000              195000                    80.00               80.00   No MI                     NO MI                        0                                   9.3750            0.3750       0.0325    0.0000               0.4075
      1103662771   KOLOA                                                96756    HI                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     384,000.00                     384,000.00   First Lien                                      0           480,000.00                    96,000.00                 480000              480000                    80.00              100.00   No MI                     NO MI                        0                                   6.9900            0.3750       0.0325    0.0000               0.4075
      1103662812   XXXXXX                                               91010    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     354,350.00                     354,350.00   First Lien                                      0           354,350.00                         0.00                 373000              375000                    95.00               95.00   PMI                       LPMI                        30                                   8.2500            0.3750       0.0325    0.9800               1.3875
      1103662845   LOMPOC                                               93436    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     332,000.00                     332,000.00   First Lien                                      0           332,000.00                         0.00                      -          415,000.00                    80.00               80.00   No MI                     NO MI                        0                                    7.000             0.375       0.0325     0.000               0.4075
      1103662885   STOCKTON                                             95209    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     245,000.00                     245,000.00   First Lien                                      0           315,000.00                    70,000.00                      -          350,000.00                    70.00               90.00   No MI                     NO MI                        0                                    7.500             0.375       0.0325     0.000               0.4075
      1103662897   JACKSONVILLE                                         32208    FL                             20070601                 20370501   FIXED                   No                                              360                    360                          360                      76,500.00                      76,500.00   First Lien                                      0            76,500.00                         0.00                  90000               90000                    85.00               85.00   PMI                       LPMI                        22                                   8.5000            0.2500       0.0325    1.0000               1.2825
      1103663049   XXXXX XXXXXXXXXX                                     00000    FL                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     100,000.00                     100,000.00   First Lien                                      0           100,000.00                         0.00                      -          130,000.00                    76.93               76.93   No MI                     NO MI                        0                                    9.100             0.375       0.0325     0.000               0.4075
      1103663092   SAN FRANCISCO                                        94109    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     553,000.00                     553,000.00   First Lien                                      0           711,000.00                   158,000.00                      -          790,000.00                    70.00               90.00   No MI                     NO MI                        0                                    7.000             0.375       0.0325     0.000               0.4075
      1103663135   LA XXXXXX (HACIENDA HEIGH                            91745    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     480,000.00                     480,000.00   First Lien                                      0           600,000.00                   120,000.00                 600000              611000                    80.00              100.00   No MI                     NO MI                        0                                   7.9500            0.3750       0.0325    0.0000               0.4075
      1103663313   LONG BEACH                                           90806    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     418,400.00                     418,400.00   First Lien                                      0           418,400.00                         0.00                      -          523,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.750             0.375       0.0325     0.000               0.4075
      1103663337   XXXXXXX                                              00000    TX                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     173,600.00                     173,600.00   First Lien                                      0           206,150.00                    32,550.00                 217000              230000                    80.00               95.00   No MI                     NO MI                        0                                   9.2500            0.3750       0.0325    0.0000               0.4075
      1103663343   BRONX                                                10472    NY                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     470,640.00                     470,640.00   First Lien                                      0           558,885.00                    88,245.00                 588300              590000                    80.00               95.00   No MI                     NO MI                        0                                   8.6250            0.3750       0.0325    0.0000               0.4075
      1103663354   NORTH LAS VEGAS                                      89081    NV                             20070601                 20370501   FIXED                   No                                              360                    360                          360                     294,400.00                     294,400.00   First Lien                                      0           368,000.00                    73,600.00                 368000              370000                    80.00              100.00   No MI                     NO MI                        0                                   7.1250            0.2500       0.0325    0.0000               0.2825
      1103663356   XXXXXXX                                              85607    AZ                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     155,103.00                     155,103.00   First Lien                                      0           155,103.00                         0.00                 172337              175000                    90.00               90.00   PMI                       LPMI                        25                                  10.0000            0.3750       0.0325    0.6400               1.0475
      1103663365   FAYETTEVILLE                                         72704    AR                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     188,000.00                     188,000.00   First Lien                                      0           235,000.00                    47,000.00                 235000              240000                    80.00              100.00   No MI                     NO MI                        0                                   7.9900            0.3750       0.0325    0.0000               0.4075
      1103663519   XXXXXX VALLEY                                        92555    CA                             20070501                 20370301   FIXED                   Yes                                             360                    480                          360                     129,900.00                     129,836.95   First Lien                                      0           129,900.00                         0.00                 379900              380000                    34.20               34.20   No MI                     NO MI                        0                                   6.1250            0.2500       0.0325    0.0000               0.2825
      1103663537   GLENDALE                                             85308    AZ                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     268,000.00                     268,000.00   First Lien                                      0           301,500.00                    33,500.00                      -          335,000.00                    80.00               90.00   No MI                     NO MI                        0                                    7.500             0.375       0.0325     0.000               0.4075
      1103663569   SAN XXXXXXX                                          93660    CA                             20070601                 20370501   FIXED                   No                                              360                    360                          360                     139,750.00                     139,750.00   First Lien                                      0           139,750.00                         0.00                      -          215,000.00                    65.00               65.00   No MI                     NO MI                        0                                    7.250             0.250       0.0325     0.000               0.2825
      0000000000   XXXXX                                                00000    XX                             00000000                 20370301   FIXED                   No                                              360                    360                          359                     125,600.00                     125,600.00   First Lien                                      0           149,150.00                    23,550.00                 163000              163000                    77.06               91.51   No MI                     NO MI                        0                                   7.7500            0.2500       0.0325    0.0000               0.2825
      1103663638   KISSIMMEE                                            34743    FL                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     122,000.00                     121,809.08   First Lien                                      0           152,500.00                    30,500.00                 152500              170000                    80.00              100.00   No MI                     NO MI                        0                                   7.2500            0.2500       0.0325    0.0000               0.2825
      1103663705   LAS VEGAS                                            89156    NV                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     176,000.00                     176,000.00   First Lien                                      0           220,000.00                    44,000.00                      -          220,000.00                    80.00              100.00   No MI                     NO MI                        0                                    7.250             0.375       0.0325     0.000               0.4075
      1103663861   XXXXXXXX XXXXX                                       00000    FL                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     170,000.00                     170,000.00   First Lien                                      0           170,000.00                         0.00                 305000              305000                    55.74               55.74   No MI                     NO MI                        0                                   7.3000            0.3750       0.0325    0.0000               0.4075
      1103663873   ROYAL  PALM BEACH                                    33411    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     240,000.00                     239,700.62   First Lien                                      0           240,000.00                         0.00                      -          270,000.00                    88.89               88.89   PMI                       LPMI                        25                                    8.375             0.375       0.0325     1.110               1.5175
      1103664231   XXXXXXX XXXX                                         00000    FL                             20070501                 20370301   ARMS                    Yes                                             360                    480                          360                     161,025.00                     161,025.00   First Lien                                      0           161,025.00                         0.00                 169500              169500                    95.00               95.00   PMI                       BPMI                        30                                   7.7500            0.3750       0.0325    0.0000               0.4075
      1103664232   XXXX XXXX XXXXX                                      00000    FL                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     188,000.00                     188,000.00   First Lien                                      0           188,000.00                         0.00                      -          239,000.00                    78.67               78.67   No MI                     NO MI                        0                                    7.875             0.375       0.0325     0.000               0.4075
      1103664241   HENDERSON                                            89074    NV                             20070501                 20370401   ARMS                    Yes                                             360                    480                          360                     175,379.00                     175,379.00   First Lien                                      0           175,379.00                         0.00                 184610              184610                    95.00               95.00   PMI                       LPMI                        30                                   9.0000            0.3750       0.0325    0.9000               1.3075
      1103664242   XXXXXXXXX                                            89074    NV                             20070501                 20370401   ARMS                    Yes                                             360                    480                          360                     167,627.00                     167,627.00   First Lien                                      0           167,627.00                         0.00                 176450              176450                    95.00               95.00   PMI                       LPMI                        30                                   8.7500            0.3750       0.0325    0.9000               1.3075
      1103664248   BALTIMORE                                            21239    MD                             20070401                 20370401   ARMS                    Yes                                             360                    480                          359                     140,000.00                     139,965.30   First Lien                                      0           140,000.00                         0.00                 140000              157000                   100.00              100.00   PMI                       LPMI                        35                                   8.5000            0.3750       0.0325    0.8100               1.2175
      1103664253   MARKHAM                                              60426    IL                             20070501                 20370301   ARMS                    Yes                                             360                    480                          360                      87,000.00                      87,000.00   First Lien                                      0            87,000.00                         0.00                  87000               88000                   100.00              100.00   PMI                       LPMI                        35                                   8.1250            0.3750       0.0325    0.8100               1.2175
      1103664259   MAITLAND                                             32751    FL                             20070501                 20370401   ARMS                    Yes                                             360                    480                          360                     119,130.00                     119,130.00   First Lien                                      0           119,130.00                         0.00                 125400              126000                    95.00               95.00   PMI                       LPMI                        30                                   8.2500            0.3750       0.0325    0.9000               1.3075
      1103664260   GULF BREEZE                                          32563    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     216,400.00                     216,400.00   First Lien                                      0           216,400.00                         0.00                      -          270,500.00                    80.00               80.00   No MI                     NO MI                        0                                    7.625             0.375       0.0325     0.000               0.4075
      1103664261   XXXX XXXXXXX                                         00000    IL                             20070501                 20370401   ARMS                    Yes                                             360                    480                          360                      87,885.00                      87,885.00   First Lien                                      0            87,885.00                         0.00                  87885               88000                   100.00              100.00   PMI                       LPMI                        35                                   7.6250            0.3750       0.0325    0.8100               1.2175
      1103664262   OVIEDO                                               32765    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     191,900.00                     191,900.00   First Lien                                      0           191,900.00                         0.00                 191900              192900                   100.00              100.00   PMI                       BPMI                        35                                   8.1250            0.3750       0.0325    0.0000               0.4075
      1103664263   CONROE                                               77301    TX                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     121,600.00                     121,600.00   First Lien                                      0           121,600.00                         0.00                 128000              134000                    95.00               95.00   PMI                       BPMI                        30                                   7.8750            0.3750       0.0325    0.0000               0.4075
      1103664266   CHICAGO                                              60639    IL                             20070501                 20370401   ARMS                    Yes                                             360                    480                          360                     337,250.00                     337,250.00   First Lien                                      0           337,250.00                         0.00                 355000              360000                    95.00               95.00   PMI                       LPMI                        30                                   8.8750            0.3750       0.0325    0.8500               1.2575
      1103664270   NAPLES                                               34120    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     224,988.00                     224,988.00   First Lien                                      0           224,988.00                         0.00                 236830              280000                    95.00               95.00   PMI                       LPMI                        30                                   8.2500            0.3750       0.0325    0.8300               1.2375
      0000000000   GREENACRES                                           33413    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     385,000.00                     385,000.00   First Lien                                      0           385,000.00                         0.00                 385000              430000                   100.00              100.00   PMI                       BPMI                        35                                   6.8750            0.3750       0.0325    0.0000               0.4075
      1103664281   AURORA                                               60504    IL                             20070501                 20370401   ARMS                    Yes                                             360                    480                          360                     175,900.00                     175,900.00   First Lien                                      0           175,900.00                         0.00                 175900              176000                   100.00              100.00   PMI                       LPMI                        35                                   8.8750            0.3750       0.0325    1.3500               1.7575
      0000000000   COLUMBIA                                             21045    MD                             20070501                 20370401   ARMS                    Yes                                             360                    480                          360                     303,050.00                     303,050.00   First Lien                                      0           303,050.00                         0.00                 319000              319000                    95.00               95.00   PMI                       LPMI                        30                                   8.3750            0.3750       0.0325    0.7800               1.1875
      1103664285   EDGEWOOD                                             21040    MD                             20070501                 20370401   ARMS                    Yes                                             360                    480                          360                     167,000.00                     167,000.00   First Lien                                      0           167,000.00                         0.00                 176000              181000                    94.89               94.89   PMI                       LPMI                        30                                   8.3750            0.3750       0.0325    0.7800               1.1875
      1103664290   WEST ORANGE                                          07052    NJ                             20070501                 20370401   ARMS                    Yes                                             360                    480                          360                     441,600.00                     441,600.00   First Lien                                      0           441,600.00                         0.00                      -          460,000.00                    96.00               96.00   PMI                       BPMI                        35                                    7.750             0.375       0.0325     0.000               0.4075
      0000000000   XXXXXXXXX XXXXXXX                                    00000    FL                             20070401                 20370401   ARMS                    Yes                                             360                    480                          359                     132,905.00                     132,857.80   First Lien                                      0           132,905.00                         0.00                 139900              165000                    95.00               95.00   PMI                       BPMI                        30                                   7.2500            0.3750       0.0325    0.0000               0.4075
      0000000000   NORTH MIAMI BEACH                                    33162    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     155,000.00                     155,000.00   First Lien                                      0           155,000.00                         0.00                      -          155,000.00                   100.00              100.00   PMI                       BPMI                        35                                    8.875             0.375       0.0325     0.000               0.4075
      1103664301   KISSIMMEE                                            34743    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     212,000.00                     212,000.00   First Lien                                      0           212,000.00                         0.00                      -          265,000.00                    80.00               80.00   No MI                     NO MI                        0                                    8.875             0.375       0.0325     0.000               0.4075
      1103664310   LAWRENCEVILLE                                        30043    GA                             20070501                 20370401   ARMS                    Yes                                             360                    480                          360                     211,755.00                     211,755.00   First Lien                                      0           211,755.00                         0.00                 222900              245000                    95.00               95.00   PMI                       LPMI                        30                                   7.2500            0.3750       0.0325    0.7800               1.1875
      1103664311   XXXXXX                                               32583    FL                             20070501                 20370401   ARMS                    Yes                                             360                    480                          360                     125,000.00                     125,000.00   First Lien                                      0           125,000.00                         0.00                 125000              126500                   100.00              100.00   PMI                       BPMI                        35                                   8.1250            0.3750       0.0325    0.0000               0.4075
      1103664314   ELK GROVE                                            95758    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     395,000.00                     395,000.00   First Lien                                      0           395,000.00                         0.00                 395000              395000                   100.00              100.00   PMI                       LPMI                        35                                   9.8750            0.3750       0.0325    2.0500               2.4575
      1103664316   SHERIDAN                                             46069    IN                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     175,745.00                     175,745.00   First Lien                                      0           175,745.00                         0.00                 175745              176000                   100.00              100.00   PMI                       LPMI                        35                                   8.3750            0.3750       0.0325    0.8100               1.2175
      0000000000   XXXXXXXX XXXX                                        00000    IL                             20070401                 20370401   ARMS                    Yes                                             360                    480                          359                     793,300.00                     793,072.80   First Lien                                      0           793,300.00                         0.00                      -        1,000,000.00                    79.33               79.33   No MI                     NO MI                        0                                    8.000             0.375       0.0325     0.000               0.4075
      1103664321   XXXX XXXXXXXXXX                                      00000    FL                             20070501                 20370301   ARMS                    Yes                                             360                    480                          360                     315,399.00                     315,399.00   First Lien                                      0           315,399.00                         0.00                 331999              332000                    95.00               95.00   PMI                       LPMI                        30                                   8.7500            0.3750       0.0325    1.2500               1.6575
      1103664324   LITHONIA                                             30038    GA                             20070501                 20370401   ARMS                    Yes                                             360                    480                          360                     500,000.00                     500,000.00   First Lien                                      0           500,000.00                         0.00                 535000              535000                    93.46               93.46   PMI                       LPMI                        30                                   8.8750            0.3750       0.0325    1.1600               1.5675
      1103664327   BIRMINGHAM                                           35215    AL                             20070401                 20370401   ARMS                    Yes                                             360                    480                          359                     123,000.00                     122,955.94   First Lien                                      0           123,000.00                         0.00                 123000              129000                   100.00              100.00   PMI                       LPMI                        35                                   7.3750            0.3750       0.0325    0.8300               1.2375
      1103664328   CENTREVILLE                                          20120    VA                             20070501                 20370301   ARMS                    Yes                                             360                    480                          360                     323,500.00                     323,500.00   First Lien                                      0           323,500.00                         0.00                 323500              324000                   100.00              100.00   PMI                       LPMI                        35                                   7.6250            0.3750       0.0325    0.7000               1.1075
      1103664331   NAPLES                                               34104    FL                             20070501                 20370401   ARMS                    Yes                                             360                    480                          360                     278,000.00                     278,000.00   First Lien                                      0           278,000.00                         0.00                 278000              279000                   100.00              100.00   PMI                       LPMI                        35                                   8.6250            0.3750       0.0325    1.5600               1.9675
      1103664335   XXXXXXXXX XXXX                                       00000    IL                             20070501                 20370401   ARMS                    Yes                                             360                    480                          360                     315,000.00                     315,000.00   First Lien                                      0           315,000.00                         0.00                 315000              315000                   100.00              100.00   PMI                       LPMI                        35                                   8.6250            0.3750       0.0325    1.3500               1.7575
      1103664340   GREENWOOD                                            46143    IN                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     173,800.00                     173,800.00   First Lien                                      0           173,800.00                         0.00                 217250              217250                    80.00               80.00   No MI                     NO MI                        0                                   7.8750            0.3750       0.0325    0.0000               0.4075
      1103664341   WASHINGTON                                           20019    DC                             20070501                 20370401   ARMS                    Yes                                             360                    480                          360                     187,900.00                     187,900.00   First Lien                                      0           187,900.00                         0.00                 187900              195000                   100.00              100.00   PMI                       LPMI                        35                                   8.5000            0.3750       0.0325    1.0600               1.4675
      1103664343   NAMPA                                                83686    ID                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     167,200.00                     167,200.00   First Lien                                      0           167,200.00                         0.00                 176000              176000                    95.00               95.00   PMI                       LPMI                        30                                   9.3750            0.3750       0.0325    1.2500               1.6575
      1103664348   O FALLON                                             62269    IL                             20070501                 20370401   FIXED                   No                                              360                    360                          360                      69,395.00                      69,395.00   First Lien                                      0            69,395.00                         0.00                  69395               75000                   100.00              100.00   PMI                       LPMI                        35                                  10.5000            0.2500       0.0325    2.3000               2.5825
      1103664349   FORT XXXXX                                           33967    FL                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     100,000.00                     100,000.00   First Lien                                      0           100,000.00                         0.00                      -          230,000.00                    43.48               43.48   No MI                     NO MI                        0                                    7.625             0.250       0.0325     0.000               0.2825
      1103664352   WINTER GARDEN                                        34787    FL                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     379,880.00                     379,880.00   First Lien                                      0           379,880.00                         0.00                 379883              415000                   100.00              100.00   PMI                       BPMI                        35                                   6.8750            0.2500       0.0325    0.0000               0.2825
      1103664353   LOS ANGELES                                          90037    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     238,000.00                     238,000.00   First Lien                                      0           238,000.00                         0.00                      -          440,000.00                    54.10               54.10   No MI                     NO MI                        0                                    7.250             0.250       0.0325     0.000               0.2825
      1103664356   APOPKA                                               32712    FL                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     195,000.00                     194,862.40   First Lien                                      0           195,000.00                         0.00                      -          292,000.00                    66.79               66.79   No MI                     NO MI                        0                                    7.750             0.250       0.0325     0.000               0.2825
      1103664358   XXXX XXXXXXXXX                                       00000    FL                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     176,250.00                     176,250.00   First Lien                                      0           176,250.00                         0.00                      -          235,000.00                    75.00               75.00   No MI                     NO MI                        0                                    7.250             0.250       0.0325     0.000               0.2825
      0000000000   XXXXXXX                                              30017    GA                             20070501                 20370401   FIXED                   Yes                                             360                    480                          360                     202,000.00                     202,000.00   First Lien                                      0           202,000.00                         0.00                 202000              230000                   100.00              100.00   PMI                       LPMI                        35                                   9.0000            0.2500       0.0325    1.1100               1.3925
      1103664361   ROCKFORD                                             61104    IL                             20070501                 20370401   FIXED                   No                                              360                    360                          360                      54,900.00                      54,900.00   First Lien                                      0            54,900.00                         0.00                  54900               55000                   100.00              100.00   PMI                       BPMI                        35                                   8.1250            0.2500       0.0325    0.0000               0.2825
      1103664362   UNIVERSITY PARK                                      60466    IL                             20070601                 20370501   FIXED                   No                                              360                    360                          360                      72,675.00                      72,675.00   First Lien                                      0            72,675.00                         0.00                  76500               77000                    95.00               95.00   PMI                       BPMI                        30                                   8.7500            0.2500       0.0325    0.0000               0.2825
      1103664364   KISSIMMEE                                            34744    FL                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     220,500.00                     220,323.70   First Lien                                      0           220,500.00                         0.00                      -          327,000.00                    67.44               67.44   No MI                     NO MI                        0                                    7.125             0.250       0.0325     0.000               0.2825
      1103664365   CHICAGO                                              60634    IL                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     270,000.00                     270,000.00   First Lien                                      0           270,000.00                         0.00                      -          400,000.00                    67.50               67.50   No MI                     NO MI                        0                                    8.125             0.250       0.0325     0.000               0.2825
      0000000000   CUMMING                                              30040    GA                             20070501                 20370401   FIXED                   Yes                                             360                    480                          360                     259,900.00                     259,900.00   First Lien                                      0           259,900.00                         0.00                 259900              270000                   100.00              100.00   PMI                       BPMI                        35                                   7.8750            0.2500       0.0325    0.0000               0.2825
      1103664368   SARASOTA                                             34235    FL                             20070501                 20370401   FIXED                   Yes                                             360                    480                          360                     192,000.00                     192,000.00   First Lien                                      0           192,000.00                         0.00                      -          256,000.00                    75.00               75.00   No MI                     NO MI                        0                                    7.250             0.250       0.0325     0.000               0.2825
      1103664371   ODESSA                                               33556    FL                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     117,650.00                     117,650.00   First Lien                                      0           117,650.00                         0.00                      -          157,000.00                    74.94               74.94   No MI                     NO MI                        0                                    8.625             0.250       0.0325     0.000               0.2825
      1103664374   BIRMINGHAM                                           35215    AL                             20070501                 20370401   FIXED                   No                                              360                    360                          360                      84,550.00                      84,550.00   First Lien                                      0            84,550.00                         0.00                  89000              101000                    95.00               95.00   PMI                       BPMI                        30                                   8.2500            0.2500       0.0325    0.0000               0.2825
      1103664377   XXXXX XXXXXXX                                        00000    TX                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     138,795.00                     138,795.00   First Lien                                      0           138,795.00                         0.00                 146100              152000                    95.00               95.00   PMI                       BPMI                        30                                   8.3750            0.2500       0.0325    0.0000               0.2825
      1103664378   MIAMI                                                33173    FL                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     245,000.00                     245,000.00   First Lien                                      0           245,000.00                         0.00                      -          449,000.00                    54.57               54.57   No MI                     NO MI                        0                                    6.875             0.250       0.0325     0.000               0.2825
      1103664379   NORTH MIAMI                                          33161    FL                             20070501                 20370301   FIXED                   Yes                                             360                    480                          360                     132,900.00                     132,900.00   First Lien                                      0           132,900.00                         0.00                 132900              139000                   100.00              100.00   PMI                       BPMI                        35                                   7.8750            0.2500       0.0325    0.0000               0.2825
      1103664381   WINTER SPRINGS                                       32708    FL                             20070501                 20370401   FIXED                   Yes                                             360                    480                          360                     149,500.00                     149,500.00   First Lien                                      0           149,500.00                         0.00                      -          225,000.00                    66.45               66.45   No MI                     NO MI                        0                                    7.625             0.250       0.0325     0.000               0.2825
      1103664382   XXXXXX XXXX                                          00000    FL                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     120,000.00                     119,932.70   First Lien                                      0           120,000.00                         0.00                      -          150,000.00                    80.00               80.00   No MI                     NO MI                        0                                    8.875             0.250       0.0325     0.000               0.2825
      1103664384   PALM COAST                                           32164    FL                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     195,000.00                     195,000.00   First Lien                                      0           195,000.00                         0.00                      -          330,000.00                    59.10               59.10   No MI                     NO MI                        0                                    8.125             0.250       0.0325     0.000               0.2825
      1103664386   COLUMBUS                                             43224    OH                             20070501                 20370401   FIXED                   No                                              360                    360                          360                      64,000.00                      64,000.00   First Lien                                      0            64,000.00                         0.00                  64000               64000                   100.00              100.00   PMI                       LPMI                        35                                   8.5000            0.2500       0.0325    0.8100               1.0925
      1103664389   SAN ANTONIO                                          78224    TX                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     127,870.00                     127,870.00   First Lien                                      0           127,870.00                         0.00                 134600              136000                    95.00               95.00   PMI                       LPMI                        30                                   8.8750            0.2500       0.0325    0.7800               1.0625
      1103664392   COCOA BEACH                                          32931    FL                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     325,500.00                     325,500.00   First Lien                                      0           325,500.00                         0.00                      -          465,000.00                    70.00               70.00   No MI                     NO MI                        0                                    7.250             0.250       0.0325     0.000               0.2825
      1103664393   XXXX XXXXXXXXXX                                      00000    FL                             20070301                 20370201   FIXED                   No                                              360                    360                          358                      91,000.00                      90,811.71   First Lien                                      0            91,000.00                         0.00                      -          130,000.00                    70.00               70.00   No MI                     NO MI                        0                                    7.875             0.250       0.0325     0.000               0.2825
      1103664394   ORLANDO                                              32833    FL                             20070501                 20370201   FIXED                   Yes                                             360                    480                          360                     424,000.00                     424,000.00   First Lien                                      0           424,000.00                         0.00                 424000              430000                   100.00              100.00   PMI                       LPMI                        35                                   7.7500            0.2500       0.0325    0.9600               1.2425
      1103664395   XXXXXXXXXXXX                                         00000    XX                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     149,000.00                     149,000.00   First Lien                                      0           149,000.00                         0.00                 149000              172000                   100.00              100.00   PMI                       BPMI                        35                                   7.5000            0.2500       0.0325    0.0000               0.2825
      1103664397   MOUNT PLEASANT                                       29466    SC                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     196,650.00                     196,650.00   First Lien                                      0           196,650.00                         0.00                 207000              225500                    95.00               95.00   PMI                       BPMI                        30                                   8.3750            0.2500       0.0325    0.0000               0.2825
      1103664398   LA VERNE                                             91750    CA                             20070301                 20370401   FIXED                   Yes                                             360                    480                          358                     414,400.00                     413,957.70   First Lien                                      0           414,400.00                         0.00                 518000              520000                    80.00               80.00   No MI                     NO MI                        0                                   7.2500            0.2500       0.0325    0.0000               0.2825
      1103664399   TRENTON                                              28585    NC                             20070501                 20370401   FIXED                   No                                              360                    360                          360                      85,025.00                      85,025.00   First Lien                                      0            85,025.00                         0.00                  89500               92000                    95.00               95.00   PMI                       BPMI                        30                                   8.0000            0.2500       0.0325    0.0000               0.2825
      1103664400   HOUSTON                                              77047    TX                             20070501                 20370401   FIXED                   No                                              360                    360                          360                      82,000.00                      82,000.00   First Lien                                      0            82,000.00                         0.00                  82000               82500                   100.00              100.00   PMI                       LPMI                        35                                   8.7500            0.2500       0.0325    0.8100               1.0925
      1103664402   JASPER                                               35503    AL                             20070201                 20370101   FIXED                   No                                              360                    360                          357                      85,000.00                      84,844.41   First Lien                                      0            85,000.00                         0.00                  85000               86000                   100.00              100.00   PMI                       LPMI                        35                                   8.5000            0.2500       0.0325    0.8100               1.0925
      1103664591   CHULA VISTA                                          91911    CA                             20070101                 20361201   ARMS                    No                                              360                    360                          356                     264,000.00                     264,000.00   First Lien                                      0           330,000.00                    66,000.00                 330000              330000                    80.00              100.00   No MI                     NO MI                        0                                   7.6250            0.3750       0.0325    0.0000               0.4075
      0000000000   BURBANK                                              91504    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     584,000.00                     583,521.30   First Lien                                      0           693,500.00                   109,500.00                 730000              750000                    80.00               95.00   No MI                     NO MI                        0                                   7.0000            0.3750       0.0325    0.0000               0.4075
      1103665110   NORTH HOLLYWOOD                                      91605    CA                             20070301                 20370201   ARMS                    No                                              360                    360                          358                     468,000.00                     467,267.60   First Lien                                      0           585,000.00                   117,000.00                 585000              585000                    80.00              100.00   No MI                     NO MI                        0                                   7.2500            0.3750       0.0325    0.0000               0.4075
      1103665111   HACIENDA HEIGHTS                                     91745    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     404,000.00                     403,700.20   First Lien                                      0           505,000.00                   101,000.00                 505000              535000                    80.00              100.00   No MI                     NO MI                        0                                   7.5000            0.3750       0.0325    0.0000               0.4075
      1103665112   ONTARIO                                              91764    CA                             20070301                 20370201   ARMS                    No                                              360                    360                          358                     348,000.00                     347,225.20   First Lien                                      0           435,000.00                    87,000.00                 440000              435000                    80.00              100.00   No MI                     NO MI                        0                                   7.5000            0.3750       0.0325    0.0000               0.4075
      1103665113   UPLAND                                               91784    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     600,000.00                     599,109.43   First Lien                                      0           750,000.00                   150,000.00                 750000              750000                    80.00              100.00   No MI                     NO MI                        0                                   7.5000            0.3750       0.0325    0.0000               0.4075
      1103665114   CABAZON                                              92230    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     198,750.00                     198,583.00   First Lien                                      0           198,750.00                         0.00                      -          265,000.00                    75.00               75.00   No MI                     NO MI                        0                                    6.875             0.375       0.0325     0.000               0.4075
      1103665115   ADELANTO                                             92301    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     287,200.00                     286,970.33   First Lien                                      0           359,000.00                    71,800.00                 390000              390000                    73.65               92.06   No MI                     NO MI                        0                                   7.1250            0.3750       0.0325    0.0000               0.4075
      1103665116   BARSTOW                                              92311    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     137,600.00                     137,497.88   First Lien                                      0           172,000.00                    34,400.00                 172000              180000                    80.00              100.00   No MI                     NO MI                        0                                   7.5000            0.3750       0.0325    0.0000               0.4075
      0000000000   FONTANA                                              92337    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     456,000.00                     455,616.90   First Lien                                      0           541,500.00                    85,500.00                      -          570,000.00                    80.00               95.00   No MI                     NO MI                        0                                    6.875             0.375       0.0325     0.000               0.4075
      1103665118   REDLANDS                                             92374    CA                             20070301                 20370201   ARMS                    No                                              360                    360                          358                     268,000.00                     267,592.14   First Lien                                      0           335,000.00                    67,000.00                      -          335,000.00                    80.00              100.00   No MI                     NO MI                        0                                    7.375             0.375       0.0325     0.000               0.4075
      1103665120   RIVERSIDE                                            92504    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     263,610.00                     263,400.24   First Lien                                      0           263,610.00                         0.00                 292900              318000                    90.00               90.00   PMI                       BPMI                        20                                   7.1500            0.3750       0.0325    0.0000               0.4075
      1103665122   XXXXXXXXXX XXXXX                                     00000    CA                             20070301                 20370201   ARMS                    No                                              360                    360                          358                   1,330,000.00                   1,327,819.61   First Lien                                      0         1,520,000.00                   190,000.00                      -        1,900,000.00                    70.00               80.00   No MI                     NO MI                        0                                    7.000             0.375       0.0325     0.000               0.4075
      1103665123   WESTMINSTER                                          92683    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     519,200.00                     518,774.40   First Lien                                      0           649,000.00                   129,800.00                 649000              649000                    80.00              100.00   No MI                     NO MI                        0                                   7.0000            0.3750       0.0325    0.0000               0.4075
      0000000000   SANTA XXX                                            92707    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     468,000.00                     467,566.54   First Lien                                      0           585,000.00                   117,000.00                 585000              592000                    80.00              100.00   No MI                     NO MI                        0                                   6.3750            0.3750       0.0325    0.0000               0.4075
      1103665126   ANAHEIM                                              92804    CA                             20070301                 20370201   ARMS                    No                                              360                    360                          358                     484,000.00                     483,263.42   First Lien                                      0           605,000.00                   121,000.00                 605000              605000                    80.00              100.00   No MI                     NO MI                        0                                   7.3750            0.3750       0.0325    0.0000               0.4075
      1103665127   ANAHEIM                                              92805    CA                             20070201                 20370101   ARMS                    No                                              360                    360                          357                     425,600.00                     424,572.90   First Lien                                      0           532,000.00                   106,400.00                 532000              565000                    80.00              100.00   No MI                     NO MI                        0                                   7.1250            0.3750       0.0325    0.0000               0.4075
      1103665128   CORONA                                               92881    CA                             20070301                 20370201   ARMS                    No                                              360                    360                          358                     760,000.00                     758,923.80   First Lien                                      0           760,000.00                         0.00                      -          965,000.00                    78.76               78.76   No MI                     NO MI                        0                                    7.750             0.375       0.0325     0.000               0.4075
      1103665129   CORONA                                               92882    CA                             20070301                 20370201   ARMS                    No                                              360                    360                          358                     680,000.00                     678,243.60   First Lien                                      0           830,000.00                   150,000.00                      -          850,000.00                    80.00               97.65   No MI                     NO MI                        0                                    6.750             0.375       0.0325     0.000               0.4075
      1103665130   XXXXX XXXXX                                          92886    CA                             20070301                 20370201   ARMS                    No                                              360                    360                          358                     516,000.00                     515,151.60   First Lien                                      0           645,000.00                   129,000.00                 645000              645000                    80.00              100.00   No MI                     NO MI                        0                                   7.0000            0.3750       0.0325    0.0000               0.4075
      1103665131   FESNO                                                93727    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     224,000.00                     223,623.62   First Lien                                      0           266,000.00                    42,000.00                      -          280,000.00                    80.00               95.00   No MI                     NO MI                        0                                    6.875             0.375       0.0325     0.000               0.4075
      0000000000   ARLIINGTON                                           98223    WA                             20070201                 20370101   ARMS                    No                                              360                    360                          357                     307,160.00                     306,385.84   First Lien                                      0           307,160.00                         0.00                 370450              384000                    82.92               82.92   No MI                     NO MI                        0                                   6.8750            0.3750       0.0325    0.0000               0.4075
      1103665134   COLORADO SPRING                                      80911    CO                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     178,400.00                     178,172.48   First Lien                                      0           223,000.00                    44,600.00                 223000              223000                    80.00              100.00   No MI                     NO MI                        0                                   8.2500            0.3750       0.0325    0.0000               0.4075
      1103665135   XXXXXX                                               84020    UT                             20070201                 20370101   ARMS                    No                                              360                    360                          357                     236,135.00                     235,494.58   First Lien                                      0           295,169.00                    59,034.00                 295169              315000                    80.00              100.00   No MI                     NO MI                        0                                   6.5000            0.3750       0.0325    0.0000               0.4075
      1103665136   XXXXXXXX XXXXXXX                                     00000    UT                             20070101                 20361201   ARMS                    No                                              360                    360                          356                     174,464.00                     173,872.60   First Lien                                      0           218,080.00                    43,616.00                 218080              218080                    80.00              100.00   No MI                     NO MI                        0                                   6.8750            0.3750       0.0325    0.0000               0.4075
      1103665137   PLEASANT GROVE                                       84062    UT                             20070301                 20370201   ARMS                    No                                              360                    360                          358                     155,344.00                     155,023.29   First Lien                                      0           194,181.00                    38,837.00                 194181              195000                    80.00              100.00   No MI                     NO MI                        0                                   7.8750            0.3750       0.0325    0.0000               0.4075
      1103665140   ST. XXXXXX                                           84770    WA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     474,939.00                     474,939.00   First Lien                                      0           563,990.00                    89,051.00              593675.13              608000                    80.00               95.00   No MI                     NO MI                        0                                   7.0000            0.3750       0.0325    0.0000               0.4075
      0000000000   LAS VEGAS                                            89104    NV                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     200,000.00                     199,844.00   First Lien                                      0           250,000.00                    50,000.00                      -          250,000.00                    80.00              100.00   No MI                     NO MI                        0                                    7.250             0.375       0.0325     0.000               0.4075
      1103665142   LOS ANGELES                                          90022    CA                             20070201                 20370101   ARMS                    No                                              360                    360                          357                     416,000.00                     415,044.50   First Lien                                      0           494,000.00                    78,000.00                      -          544,000.00                    76.48               90.81   No MI                     NO MI                        0                                    7.375             0.375       0.0325     0.000               0.4075
      1103665143   LOS ANGELES                                          90068    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     980,000.00                     978,432.62   First Lien                                      0         1,330,000.00                   350,000.00                      -        1,400,000.00                    70.00               95.00   No MI                     NO MI                        0                                    7.125             0.375       0.0325     0.000               0.4075
      1103665144   XXXXXXX                                              90221    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     388,000.00                     387,689.72   First Lien                                      0           485,000.00                    97,000.00                 485000              485000                    80.00              100.00   No MI                     NO MI                        0                                   7.1250            0.3750       0.0325    0.0000               0.4075
      1103665145   SANTA FE SPRING                                      90606    CA                             20070301                 20370201   ARMS                    No                                              360                    360                          358                     292,000.00                     291,566.59   First Lien                                      0           365,000.00                    73,000.00                 385000              385000                    75.85               94.81   No MI                     NO MI                        0                                   7.5000            0.3750       0.0325    0.0000               0.4075
      1103665147   LAKEWOOD                                             90712    CA                             20070201                 20370101   ARMS                    No                                              360                    360                          357                     401,600.00                     400,283.26   First Lien                                      0           502,000.00                   100,400.00                 502000              502000                    80.00              100.00   No MI                     NO MI                        0                                   7.0000            0.3750       0.0325    0.0000               0.4075
      1103665148   LONG BEACH                                           90806    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     436,000.00                     435,642.61   First Lien                                      0           545,000.00                   109,000.00                 545000              545000                    80.00              100.00   No MI                     NO MI                        0                                   7.0000            0.3750       0.0325    0.0000               0.4075
      1103665149   LONG BEACH                                           90815    CA                             20070301                 20370201   ARMS                    No                                              360                    360                          358                     500,000.00                     499,257.86   First Lien                                      0           625,000.00                   125,000.00                 625000              640000                    80.00              100.00   No MI                     NO MI                        0                                   7.5000            0.3750       0.0325    0.0000               0.4075
      1103665150   PASADENA                                             91103    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     432,000.00                     431,420.27   First Lien                                      0           540,000.00                   108,000.00                 540000              550000                    80.00              100.00   No MI                     NO MI                        0                                   8.0000            0.2500       0.0325    0.0000               0.2825
      1103665151   FONTANA                                              92337    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     340,000.00                     339,766.01   First Lien                                      0           403,750.00                    63,750.00                      -          425,000.00                    80.00               95.00   No MI                     NO MI                        0                                    7.875             0.250       0.0325     0.000               0.2825
      1103665152   XXXXXX VALLEY                                        92551    CA                             20070201                 20370101   FIXED                   No                                              360                    360                          357                     300,000.00                     299,380.63   First Lien                                      0           375,000.00                    75,000.00                 375000              375000                    80.00              100.00   No MI                     NO MI                        0                                   7.8750            0.2500       0.0325    0.0000               0.2825
      1103665153   WESTMINSTER                                          92683    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     417,000.00                     417,000.00   First Lien                                      0           530,000.00                   113,000.00                 530000              530000                    78.68              100.00   No MI                     NO MI                        0                                   7.8750            0.2500       0.0325    0.0000               0.2825
      1103665154   SANTA XXX                                            92704    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     338,400.00                     338,189.67   First Lien                                      0           423,000.00                    84,600.00                 423000              428000                    80.00              100.00   No MI                     NO MI                        0                                   8.3750            0.2500       0.0325    0.0000               0.2825
      1103665156   BAKERSFIELD                                          93314    WA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     303,975.00                     303,975.00   First Lien                                      0           303,975.00                         0.00                 405000              405000                    75.06               75.06   No MI                     NO MI                        0                                   8.7500            0.2500       0.0325    0.0000               0.2825
      1103665157   KENT                                                 98031    WA                             20070301                 20370201   FIXED                   No                                              360                    360                          358                     453,000.00                     452,158.63   First Lien                                      0           453,000.00                         0.00                      -          650,000.00                    69.70               69.70   No MI                     NO MI                        0                                    6.375             0.250       0.0325     0.000               0.2825
      0000000000   VAN COUVER                                           98665    WA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     186,400.00                     186,281.14   First Lien                                      0           233,000.00                    46,600.00                 233000              242500                    80.00              100.00   No MI                     NO MI                        0                                   8.2500            0.2500       0.0325    0.0000               0.2825
      1103665159   LAKESIDE                                             59922    MT                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     246,400.00                     246,212.51   First Lien                                      0           308,000.00                    61,600.00                 308000              308000                    80.00              100.00   No MI                     NO MI                        0                                   7.3750            0.2500       0.0325    0.0000               0.2825
      1103665160   XXXXX                                                00000    XX                             00000000                 20370201   FIXED                   No                                              360                    360                          358                     108,000.00                     107,843.67   First Lien                                      0           135,000.00                    27,000.00                 135000              135000                    80.00              100.00   No MI                     NO MI                        0                                   7.6250            0.2500       0.0325    0.0000               0.2825
      1103665161   LAS VEGAS                                            89122    NV                             20070301                 20370201   FIXED                   No                                              360                    360                          358                     149,600.00                     149,423.35   First Lien                                      0           187,000.00                    37,400.00                 187000              187000                    80.00              100.00   No MI                     NO MI                        0                                   8.6250            0.2500       0.0325    0.0000               0.2825
      1103665162   LOS ANGELES                                          90026    CA                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     448,000.00                     447,683.80   First Lien                                      0           560,000.00                   112,000.00                 560000              560000                    80.00              100.00   No MI                     NO MI                        0                                   7.7500            0.2500       0.0325    0.0000               0.2825
      2503153673   BROOKLYN                                             11216    NY                             20070301                 20220401   FIXED                   Yes                                             180                    360                          178                     132,000.00                     131,917.06   Second Lien                                495000           627,000.00                         0.00                 660000              675000                    95.00               95.00   No MI                     NO MI                        0                                  11.6000            0.5000       0.0325    0.0000               0.5325
      2503164097   XXXXXXXXXX XXXXX                                     00000    MI                             20060801                 20220201   ARMS                    Yes                                             360                    480                          351                     323,000.00                     322,301.29   First Lien                                      0           323,000.00                         0.00                      -          340,000.00                    95.00               95.00   No MI                     NO MI                        0                                    8.700             0.375       0.0325     0.000               0.4075
      2503180761   XXXXXX                                               91010    CA                             20061101                 20220401   FIXED                   Yes                                             180                    360                          174                      91,000.00                      90,868.06   Second Lien                                364000           455,000.00                         0.00                 455000              455000                   100.00              100.00   No MI                     NO MI                        0                                  12.8750            0.5000       0.0325    0.0000               0.5325
      2503184571   PHOENIX                                              85044    AZ                             20061101                 20211001   FIXED                   Yes                                             180                    360                          174                      59,000.00                      58,889.83   Second Lien                                236000           295,000.00                         0.00                 295000              295000                   100.00              100.00   No MI                     NO MI                        0                                  11.7500            0.5000       0.0325    0.0000               0.5325
      2503185841   DADE CITY                                            33523    FL                             20061201                 20211001   FIXED                   Yes                                             180                    360                          175                      46,000.00                      45,943.05   Second Lien                                138000           184,000.00                         0.00                 184000              200000                   100.00              100.00   No MI                     NO MI                        0                                  12.7400            0.5000       0.0325    0.0000               0.5325
      2503188998   LAS VEGAS                                            89147    NV                             20061201                 20211101   FIXED                   Yes                                             180                    360                          175                      63,000.00                      62,917.70   Second Lien                                252000           315,000.00                         0.00                 315000              315000                   100.00              100.00   No MI                     NO MI                        0                                  12.5000            0.5000       0.0325    0.0000               0.5325
      2503189258   MIAMI                                                33193    FL                             20061201                 20211101   FIXED                   Yes                                             180                    360                          175                      48,750.00                      48,161.37   Second Lien                                146250           195,000.00                         0.00                      -          195,000.00                   100.00              100.00   No MI                     NO MI                        0                                   11.895             0.500       0.0325     0.000               0.5325
      2503189762   XXXXXXXX                                             44405    OH                             20070201                 20211101   FIXED                   Yes                                             180                    360                          177                      26,000.00                      25,980.71   Second Lien                                104000           130,000.00                         0.00                      -          132,000.00                    98.49               98.49   No MI                     NO MI                        0                                   12.700             0.500       0.0325     0.000               0.5325
      2503190770   CHICAGO                                              60621    IL                             20070101                 20220101   FIXED                   Yes                                             180                    360                          176                      35,000.00                      34,582.77   Second Lien                                131250           166,250.00                         0.00                 175000              175500                    95.00               95.00   No MI                     NO MI                        0                                  12.2900            0.5000       0.0325    0.0000               0.5325
      2503191818   FORT XXXXX                                           33916    FL                             20070101                 20211201   FIXED                   Yes                                             180                    360                          176                      28,400.00                      28,400.00   Second Lien                                106500           134,900.00                         0.00                      -          142,000.00                    95.00               95.00   No MI                     NO MI                        0                                   12.690             0.500       0.0325     0.000               0.5325
      2503191847   ESCONDIDO                                            92025    CA                             20061201                 20211201   FIXED                   Yes                                             180                    360                          175                      68,300.00                      68,194.66   Second Lien                                273200           341,500.00                         0.00                 341538              342000                    99.99               99.99   No MI                     NO MI                        0                                  11.7500            0.5000       0.0325    0.0000               0.5325
      2503193131   MIAMI                                                33183    FL                             20070201                 20211101   FIXED                   Yes                                             180                    360                          177                      53,250.00                      53,189.19   Second Lien                                159750           213,000.00                         0.00                 213000              214000                   100.00              100.00   No MI                     NO MI                        0                                  10.7400            0.5000       0.0325    0.0000               0.5325
      2503194961   DESTIN                                               32541    FL                             20070301                 20220101   FIXED                   Yes                                             180                    360                          178                     131,000.00                     130,926.73   Second Lien                                491250           622,250.00                         0.00                      -          655,000.00                    95.00               95.00   No MI                     NO MI                        0                                   12.125             0.500       0.0325     0.000               0.5325
      2503195310   EL CAJON                                             92019    CA                             20070101                 20220201   FIXED                   Yes                                             180                    360                          176                      95,700.00                      95,557.13   Second Lien                                223300           319,000.00                         0.00                 319000              329000                   100.00              100.00   No MI                     NO MI                        0                                  10.8900            0.5000       0.0325    0.0000               0.5325
      2503195664   DORAL                                                33178    FL                             20070201                 20211201   FIXED                   Yes                                             180                    360                          177                      75,748.00                      75,682.33   Second Lien                                227200           302,948.00                         0.00                 302990              306000                    99.99               99.99   No MI                     NO MI                        0                                  12.0000            0.5000       0.0325    0.0000               0.5325
      2503195675   JACKSONVILLE                                         32208    FL                             20070101                 20220101   FIXED                   Yes                                             180                    360                          176                      24,000.00                      23,978.89   Second Lien                                 84000           108,000.00                         0.00                 120000              135000                    90.00               90.00   No MI                     NO MI                        0                                  13.2500            0.5000       0.0325    0.0000               0.5325
      2503195750   SIMI VALLEY                                          93063    CA                             20070301                 20370201   ARMS                    No                                              360                    360                          358                     480,000.00                     480,000.00   First Lien                                      0           540,000.00                    60,000.00                      -          600,000.00                    80.00               90.00   No MI                     NO MI                        0                                    7.000             0.375       0.0325     0.000               0.4075
      2503195826   BRONX                                                10462    NY                             20070201                 20220401   FIXED                   Yes                                             180                    360                          177                     162,500.00                     162,370.79   Second Lien                                487500           650,000.00                         0.00                 650000              650000                   100.00              100.00   No MI                     NO MI                        0                                  12.3900            0.5000       0.0325    0.0000               0.5325
      2503196100   SANTA XXX                                            92701    CA                             20070201                 20220101   FIXED                   Yes                                             180                    360                          177                      82,500.00                      82,419.28   Second Lien                                247500           330,000.00                         0.00                      -          330,000.00                   100.00              100.00   No MI                     NO MI                        0                                   11.450             0.500       0.0325     0.000               0.5325
      2503196609   CHICAGO                                              60628    IL                             20070201                 20220101   FIXED                   Yes                                             180                    360                          177                      20,250.00                      20,234.65   Second Lien                                101250           121,500.00                         0.00                 135000              165000                    90.00               90.00   No MI                     NO MI                        0                                  12.6000            0.5000       0.0325    0.0000               0.5325
      2503196781   CHICAGO                                              60628    IL                             20070201                 20220101   FIXED                   Yes                                             180                    360                          177                      50,000.00                      49,955.88   Second Lien                                187500           237,500.00                         0.00                 250000              250000                    95.00               95.00   No MI                     NO MI                        0                                  11.9200            0.5000       0.0325    0.0000               0.5325
      2503197046   CHICAGO                                              60621    IL                             20070201                 20220101   FIXED                   Yes                                             180                    360                          177                      26,250.00                      26,226.91   Second Lien                                140000           166,250.00                         0.00                 175000              175000                    95.00               95.00   No MI                     NO MI                        0                                  11.9350            0.5000       0.0325    0.0000               0.5325
      2503197386   SCOTTSDALE                                           85251    AZ                             20070301                 20220101   FIXED                   Yes                                             180                    360                          178                      42,375.00                      42,358.69   Second Lien                                118650           161,025.00                         0.00                 169500              169500                    95.00               95.00   No MI                     NO MI                        0                                  13.9500            0.5000       0.0325    0.0000               0.5325
      2503197397   RENTON                                               98058    WA                             20070101                 20220201   FIXED                   Yes                                             180                    360                          176                      35,100.00                      35,058.99   Second Lien                                140400           175,500.00                         0.00                 175500              175500                   100.00              100.00   No MI                     NO MI                        0                                  11.9750            0.5000       0.0325    0.0000               0.5325
      2503198076   MIAMI BEACH                                          33139    FL                             20070301                 20211201   FIXED                   Yes                                             180                    360                          178                      47,600.00                      47,582.17   Second Lien                                178500           226,100.00                         0.00                 238000              245000                    95.00               95.00   No MI                     NO MI                        0                                  13.9000            0.5000       0.0325    0.0000               0.5325
      0000000000   FAIRFIELD                                            83327    ID                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     140,000.00                     139,923.37   First Lien                                      0           175,000.00                    35,000.00                 175000              175000                    80.00              100.00   No MI                     NO MI                        0                                   8.9900            0.3750       0.0325    0.0000               0.4075
      2503198749   RIVERDALE                                            30274    GA                             20070201                 20220401   FIXED                   Yes                                             180                    360                          177                      33,200.00                      33,178.19   Second Lien                                124500           157,700.00                         0.00                 166000              166000                    95.00               95.00   No MI                     NO MI                        0                                  13.2400            0.5000       0.0325    0.0000               0.5325
      2503198867   ORANGE                                               07050    NJ                             20070401                 20220101   FIXED                   Yes                                             180                    360                          179                      74,750.00                      74,634.25   Second Lien                                224250           299,000.00                         0.00                 299000              299000                   100.00              100.00   No MI                     NO MI                        0                                  12.5900            0.5000       0.0325    0.0000               0.5325
      2503199274   ASHBURN                                              20147    VA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     192,000.00                     192,000.00   First Lien                                      0           192,000.00                         0.00                      -          390,000.00                    49.24               49.24   No MI                     NO MI                        0                                    5.875             0.375       0.0325     0.000               0.4075
      2503199481   FRESNO                                               93730    CA                             20070201                 20220401   FIXED                   Yes                                             180                    360                          177                     133,750.00                     133,682.56   Second Lien                                650000           783,750.00                         0.00                      -          825,000.00                    95.00               95.00   No MI                     NO MI                        0                                   14.400             0.500       0.0325     0.000               0.5325
      2503199678   BAY SHORE                                            11706    NY                             20070301                 20220101   FIXED                   Yes                                             180                    360                          178                      60,000.00                      59,969.24   Second Lien                                320000           380,000.00                         0.00                      -          400,000.00                    95.00               95.00   No MI                     NO MI                        0                                   12.515             0.500       0.0325     0.000               0.5325
      0000000000   HOLLYWOOD                                            33021    FL                             20070301                 20220201   FIXED                   Yes                                             180                    360                          178                      39,150.00                      39,132.99   Second Lien                                146900           186,050.00                         0.00                 195900              196000                    94.98               94.98   No MI                     NO MI                        0                                  13.2500            0.5000       0.0325    0.0000               0.5325
      2503200154   PORT ST.  LUCIE                                      34986    FL                             20070201                 20220201   FIXED                   Yes                                             180                    360                          177                      24,161.00                      24,143.60   Second Lien                                181211           205,372.00                         0.00                 241615              290000                    85.00               85.00   No MI                     NO MI                        0                                  13.6000            0.5000       0.0325    0.0000               0.5325
      2503200183   BROOKLYN                                             11212    NY                             20070301                 20220101   FIXED                   Yes                                             180                    360                          178                      42,750.00                      42,731.62   Second Lien                                228000           270,750.00                         0.00                 285000              285000                    95.00               95.00   No MI                     NO MI                        0                                  13.3000            0.5000       0.0325    0.0000               0.5325
      2503200602   XXXX XXXX XXXXX                                      00000    FL                             20070201                 20220201   FIXED                   Yes                                             180                    360                          177                      36,250.00                      36,224.83   Second Lien                                135950           172,200.00                         0.00                 181300              183000                    94.99               94.99   No MI                     NO MI                        0                                  12.9900            0.5000       0.0325    0.0000               0.5325
      2503200917   SOUTHFIELD                                           48076    MI                             20070201                 20220101   FIXED                   Yes                                             180                    360                          177                      29,000.00                      28,978.50   Second Lien                                116000           145,000.00                         0.00                 145000              145000                   100.00              100.00   No MI                     NO MI                        0                                  12.7000            0.5000       0.0325    0.0000               0.5325
      0000000000   LAUDERHILL                                           33313    FL                             20070401                 20220101   FIXED                   Yes                                             180                    360                          179                      23,000.00                      22,996.60   Second Lien                                 86250           109,250.00                         0.00                      -          115,000.00                    95.00               95.00   No MI                     NO MI                        0                                   14.900             0.500       0.0325     0.000               0.5325
      2503200932   FORT XXXXX                                           33916    FL                             20070201                 20220301   FIXED                   Yes                                             180                    360                          177                      33,700.00                      33,675.42   Second Lien                                 94400           128,100.00                         0.00                 134900              135000                    94.96               94.96   No MI                     NO MI                        0                                  12.7750            0.5000       0.0325    0.0000               0.5325
      2503201011   XXXXX XXXXXXXXXX                                     00000    FL                             20070201                 20220101   FIXED                   Yes                                             180                    360                          177                      41,200.00                      41,169.95   Second Lien                                115400           156,600.00                         0.00                 164900              165000                    94.97               94.97   No MI                     NO MI                        0                                  12.7750            0.5000       0.0325    0.0000               0.5325
      0000000000   JAMAICA                                              11435    NY                             20070401                 20220101   FIXED                   Yes                                             180                    360                          179                     148,400.00                     148,364.74   Second Lien                                593600           742,000.00                         0.00                 742000              745000                   100.00              100.00   No MI                     NO MI                        0                                  12.8300            0.5000       0.0325    0.0000               0.5325
      2503201291   XXXX XXXXXXXXXX                                      00000    FL                             20070201                 20220301   FIXED                   Yes                                             180                    360                          177                      86,000.00                      85,922.93   Second Lien                                257900           343,900.00                         0.00                 343900              350000                   100.00              100.00   No MI                     NO MI                        0                                  11.8500            0.5000       0.0325    0.0000               0.5325
      2503201423   XXXX XXXXXX                                          00000    CO                             20070301                 20220101   FIXED                   Yes                                             180                    360                          178                      38,000.00                      37,982.52   Second Lien                                152000           190,000.00                         0.00                      -          190,000.00                   100.00              100.00   No MI                     NO MI                        0                                   13.000             0.500       0.0325     0.000               0.5325
      2503201732   WEED                                                 96094    CA                             20070301                 20220201   FIXED                   Yes                                             180                    360                          178                      38,000.00                      37,978.82   Second Lien                                152000           190,000.00                         0.00                 190000              195000                   100.00              100.00   No MI                     NO MI                        0                                  12.1400            0.5000       0.0325    0.0000               0.5325
      0000000000   FRESNO                                               93720    CA                             20070201                 20220201   FIXED                   Yes                                             180                    360                          177                      44,250.00                      44,214.12   Second Lien                                236000           280,250.00                         0.00                      -          295,000.00                    95.00               95.00   No MI                     NO MI                        0                                   12.300             0.500       0.0325     0.000               0.5325
      0000000000   LAS VEGAS                                            89110    NV                             20070301                 20220101   FIXED                   Yes                                             180                    360                          178                      79,200.00                      79,162.54   Second Lien                                277200           356,400.00                         0.00                 396000              430000                    90.00               90.00   No MI                     NO MI                        0                                  12.8750            0.5000       0.0325    0.0000               0.5325
      2503202208   BOTHELL                                              98012    WA                             20070201                 20220201   FIXED                   Yes                                             180                    360                          177                      82,750.00                      82,701.59   Second Lien                                310312           393,062.00                         0.00                 413750              415000                    95.00               95.00   No MI                     NO MI                        0                                  13.7500            0.5000       0.0325    0.0000               0.5325
      2503202420   SAINT XXXX                                           55101    MN                             20070301                 20220101   FIXED                   Yes                                             180                    360                          178                      35,000.00                      34,984.75   Second Lien                                131250           166,250.00                         0.00                 175000              178000                    95.00               95.00   No MI                     NO MI                        0                                  13.2400            0.5000       0.0325    0.0000               0.5325
      2503202514   DEBARY                                               32713    FL                             20070301                 20220201   FIXED                   Yes                                             180                    360                          178                      36,000.00                      36,000.00   Second Lien                                300000           336,000.00                         0.00                      -          375,000.00                    89.60               89.60   No MI                     NO MI                        0                                   10.875             0.500       0.0325     0.000               0.5325
      2503202548   XXXXXXX                                              94542    CA                             20070201                 20220201   FIXED                   Yes                                             180                    360                          177                      76,000.00                      75,933.97   Second Lien                                304000           380,000.00                         0.00                 380000              380000                   100.00              100.00   No MI                     NO MI                        0                                  11.9900            0.5000       0.0325    0.0000               0.5325
      2503202609   SACRAMENTO                                           95823    CA                             20070301                 20220101   FIXED                   Yes                                             180                    360                          178                      38,250.00                      38,231.40   Second Lien                                204000           242,250.00                         0.00                      -          255,000.00                    95.00               95.00   No MI                     NO MI                        0                                   12.750             0.500       0.0325     0.000               0.5325
      2503202645   KISSIMMEE                                            34744    FL                             20070301                 20220201   FIXED                   Yes                                             180                    360                          178                      48,150.00                      48,124.51   Second Lien                                240750           288,900.00                         0.00                      -          321,000.00                    90.00               90.00   No MI                     NO MI                        0                                   12.370             0.500       0.0325     0.000               0.5325
      2503202757   ALEXANDRIA                                           22309    VA                             20070401                 20220201   ARMS                    Yes                                             360                    480                          359                     361,000.00                     360,959.62   First Lien                                      0           361,000.00                         0.00                 380000              420000                    95.00               95.00   PMI                       LPMI                        30                                  11.1250            0.3750       0.0325    2.1400               2.5475
      2503203013   ORLANDO                                              32822    FL                             20070301                 20220401   FIXED                   Yes                                             180                    360                          178                      48,950.00                      48,925.87   Second Lien                                146950           195,900.00                         0.00                 195990              198000                    99.96               99.96   No MI                     NO MI                        0                                  12.6900            0.5000       0.0325    0.0000               0.5325
      2503203247   STOCKTON                                             95203    CA                             20070301                 20220201   FIXED                   Yes                                             180                    360                          178                      54,750.00                      54,717.82   Second Lien                                273750           328,500.00                         0.00                 365000              365000                    90.00               90.00   No MI                     NO MI                        0                                  11.9000            0.5000       0.0325    0.0000               0.5325
      2503203341   KANEOHE                                              96744    HI                             20070401                 20370301   FIXED                   No                                              360                    360                          359                      89,850.00                      89,829.69   Second Lien                                449250           539,100.00                         0.00                 599000              650000                    90.00               90.00   No MI                     NO MI                        0                                  13.0500            0.5000       0.0325    0.0000               0.5325
      2503203461   POMPANO BEACH                                        33067    FL                             20070401                 20220401   FIXED                   Yes                                             180                    360                          179                      55,150.00                      55,135.53   Second Lien                                206950           262,100.00                         0.00                 275990              276000                    94.97               94.97   No MI                     NO MI                        0                                  12.3900            0.5000       0.0325    0.0000               0.5325
      2503203466   LAS VEGAS                                            89142    NV                             20070201                 20220301   FIXED                   Yes                                             180                    360                          177                      49,980.00                      49,925.93   Second Lien                                199920           249,900.00                         0.00                 249900              250000                   100.00              100.00   No MI                     NO MI                        0                                  10.9900            0.5000       0.0325    0.0000               0.5325
      2503203513   MANTECA                                              95336    CA                             20070301                 20220101   FIXED                   Yes                                             180                    360                          178                      59,250.00                      59,215.37   Second Lien                                316000           375,250.00                         0.00                 395000              423000                    95.00               95.00   No MI                     NO MI                        0                                  11.9250            0.5000       0.0325    0.0000               0.5325
      2503203514   HAYWARD                                              94541    CA                             20070301                 20220201   FIXED                   Yes                                             180                    360                          178                     117,300.00                     117,238.56   Second Lien                                625600           742,900.00                         0.00                      -          782,000.00                    95.00               95.00   No MI                     NO MI                        0                                   12.420             0.500       0.0325     0.000               0.5325
      2503203529   PAULSBORO                                            08066    NJ                             20070301                 20220201   FIXED                   Yes                                             180                    360                          178                      31,900.00                      31,888.96   Second Lien                                119625           151,525.00                         0.00                 159500              159500                    95.00               95.00   No MI                     NO MI                        0                                  14.2500            0.5000       0.0325    0.0000               0.5325
      0000000000   ORLANDO                                              32824    FL                             20070301                 20220201   FIXED                   Yes                                             180                    360                          178                      51,750.00                      51,721.21   Second Lien                                276000           327,750.00                         0.00                      -          350,000.00                    93.65               93.65   No MI                     NO MI                        0                                   12.150             0.500       0.0325     0.000               0.5325
      2503203584   TAMPA                                                33635    FL                             20070301                 20220201   FIXED                   Yes                                             180                    360                          178                      38,600.00                      38,581.38   Second Lien                                144750           183,350.00                         0.00                 193000              195000                    95.00               95.00   No MI                     NO MI                        0                                  12.7900            0.5000       0.0325    0.0000               0.5325
      2503203710   LAS VEGAS                                            89104    NV                             20070301                 20220201   FIXED                   Yes                                             180                    360                          178                      37,500.00                      37,482.59   Second Lien                                200000           237,500.00                         0.00                      -          250,000.00                    95.00               95.00   No MI                     NO MI                        0                                   13.000             0.500       0.0325     0.000               0.5325
      2503203782   MIAMI BEACH                                          33141    FL                             20070301                 20220201   FIXED                   Yes                                             180                    360                          178                      51,000.00                      50,973.76   Second Lien                                204000           255,000.00                         0.00                 255000              255000                   100.00              100.00   No MI                     NO MI                        0                                  12.5000            0.5000       0.0325    0.0000               0.5325
      2503203852   WELLINGTON                                           80549    CO                             20070301                 20220201   FIXED                   Yes                                             180                    360                          178                      31,500.00                      31,480.59   Second Lien                                157500           189,000.00                         0.00                      -          210,000.00                    90.00               90.00   No MI                     NO MI                        0                                   11.690             0.500       0.0325     0.000               0.5325
      2503203861   XXXXXXX                                              00000    XX                             20070301                 20220201   FIXED                   Yes                                             180                    360                          178                      49,350.00                      49,320.33   Second Lien                                263200           312,550.00                         0.00                 329000              335000                    95.00               95.00   No MI                     NO MI                        0                                  11.8000            0.5000       0.0325    0.0000               0.5325
      2503203896   SURPRISE                                             85388    AZ                             20070301                 20220201   FIXED                   Yes                                             180                    360                          178                      37,050.00                      37,027.73   Second Lien                                185250           222,300.00                         0.00                      -          247,000.00                    90.00               90.00   No MI                     NO MI                        0                                   11.800             0.500       0.0325     0.000               0.5325
      2503203994   CHICAGO                                              60621    IL                             20070301                 20220201   FIXED                   Yes                                             180                    360                          178                      29,250.00                      29,233.91   Second Lien                                156000           185,250.00                         0.00                 195000              208000                    95.00               95.00   No MI                     NO MI                        0                                  12.2000            0.5000       0.0325    0.0000               0.5325
      2503204068   GOODYEAR                                             85338    AZ                             20070301                 20220201   FIXED                   Yes                                             180                    360                          178                      57,400.00                      57,373.91   Second Lien                                200900           258,300.00                         0.00                 287000              300000                    90.00               90.00   No MI                     NO MI                        0                                  13.0500            0.5000       0.0325    0.0000               0.5325
      2503204087   LOS ANGELES                                          90012    CA                             20070301                 20220201   FIXED                   Yes                                             180                    360                          178                     114,750.00                     114,698.88   Second Lien                                612000           726,750.00                         0.00                 765000              790000                    95.00               95.00   No MI                     NO MI                        0                                  13.1400            0.5000       0.0325    0.0000               0.5325
      2503204151   XXXXXXXXX                                            07201    NJ                             20070301                 20220201   FIXED                   Yes                                             180                    360                          178                      97,800.00                      97,749.84   Second Lien                                366750           464,550.00                         0.00                 489000              520000                    95.00               95.00   No MI                     NO MI                        0                                  12.5150            0.5000       0.0325    0.0000               0.5325
      0000000000   TOMS RIVER                                           08757    NJ                             20070301                 20220201   FIXED                   Yes                                             180                    360                          178                      31,500.00                      31,481.89   Second Lien                                168000           199,500.00                         0.00                 210000              245000                    95.00               95.00   No MI                     NO MI                        0                                  12.0000            0.5000       0.0325    0.0000               0.5325
      2503204310   KISSIMMEE                                            34746    FL                             20070301                 20220201   FIXED                   Yes                                             180                    360                          178                      74,600.00                      74,561.76   Second Lien                                398400           473,000.00                         0.00                      -          498,000.00                    94.98               94.98   No MI                     NO MI                        0                                   12.515             0.500       0.0325     0.000               0.5325
      2503204389   SURPRISE                                             85388    AZ                             20070301                 20220201   FIXED                   Yes                                             180                    360                          178                      44,945.00                      44,918.57   Second Lien                                168543           213,488.00                         0.00                 224725              255000                    95.00               95.00   No MI                     NO MI                        0                                  11.9000            0.5000       0.0325    0.0000               0.5325
      2503204520   BRONX                                                10472    NY                             20070301                 20220201   FIXED                   Yes                                             180                    360                          178                     108,000.00                     107,950.23   Second Lien                                405000           513,000.00                         0.00                      -          540,000.00                    95.00               95.00   No MI                     NO MI                        0                                   12.990             0.500       0.0325     0.000               0.5325
      0000000000   CORONA                                               11368    NY                             20070401                 20220201   FIXED                   Yes                                             180                    360                          179                     242,500.00                     242,422.50   Second Lien                                727500           970,000.00                         0.00                 970000              970000                   100.00              100.00   No MI                     NO MI                        0                                  11.5000            0.5000       0.0325    0.0000               0.5325
      2503204710   KISSIMMEE                                            34758    FL                             20070301                 20220301   FIXED                   Yes                                             180                    360                          178                      67,800.00                      67,768.11   Second Lien                                189900           257,700.00                         0.00                 271300              273000                    94.99               94.99   No MI                     NO MI                        0                                  12.9000            0.5000       0.0325    0.0000               0.5325
      0000000000   JACKSONVILLE                                         32209    FL                             20070301                 20220201   FIXED                   Yes                                             180                    360                          178                      23,750.00                      23,739.20   Second Lien                                 70250            94,000.00                         0.00                      -           99,000.00                    94.95               94.95   No MI                     NO MI                        0                                   13.050             0.500       0.0325     0.000               0.5325
      2503204783   XXXX                                                 62294    IL                             20070401                 20220201   FIXED                   Yes                                             180                    360                          179                      59,250.00                      59,232.51   Second Lien                                177750           237,000.00                         0.00                      -          260,000.00                    91.16               91.16   No MI                     NO MI                        0                                   11.860             0.500       0.0325     0.000               0.5325
      2503204824   XXXX XXXX XXXXX                                      00000    FL                             20070301                 20220301   FIXED                   Yes                                             180                    360                          178                      33,798.00                      33,782.07   Second Lien                                126742           160,540.00                         0.00                 168990              176000                    95.00               95.00   No MI                     NO MI                        0                                  12.8900            0.5000       0.0325    0.0000               0.5325
      2503204848   HOMESTEAD                                            33032    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     187,500.00                     187,367.67   First Lien                                      0           250,000.00                    62,500.00                 250000              250000                    75.00              100.00   No MI                     NO MI                        0                                   7.7500            0.3750       0.0325    0.0000               0.4075
      2503204851   HOMESTEAD                                            33032    FL                             20070401                 20220401   FIXED                   Yes                                             180                    360                          179                      62,500.00                      62,483.79   Second Lien                                187500           250,000.00                         0.00                 250000              250000                   100.00              100.00   No MI                     NO MI                        0                                  12.4400            0.5000       0.0325    0.0000               0.5325
      0000000000   VALLEY OF ENCHANTMENT                                92325    CA                             20070301                 20220301   FIXED                   Yes                                             180                    360                          178                      38,000.00                      37,976.26   Second Lien                                133000           171,000.00                         0.00                      -          190,000.00                    90.00               90.00   No MI                     NO MI                        0                                   11.625             0.500       0.0325     0.000               0.5325
      2503204863   MINNEAPOLIS                                          55411    MN                             20070301                 20220201   FIXED                   Yes                                             180                    360                          178                      31,700.00                      31,684.66   Second Lien                                148100           179,800.00                         0.00                      -          200,000.00                    89.90               89.90   No MI                     NO MI                        0                                   12.775             0.500       0.0325     0.000               0.5325
      2503204878   MEDFORD                                              97501    OR                             20070301                 20220201   FIXED                   Yes                                             180                    360                          178                      41,200.00                      41,183.72   Second Lien                                154500           195,700.00                         0.00                 206000              206000                    95.00               95.00   No MI                     NO MI                        0                                  13.6700            0.5000       0.0325    0.0000               0.5325
      2503204980   BELVIDERE                                            61008    IL                             20070301                 20220201   FIXED                   Yes                                             180                    360                          178                      56,250.00                      56,219.67   Second Lien                                157500           213,750.00                         0.00                 225000              225000                    95.00               95.00   No MI                     NO MI                        0                                  12.2900            0.5000       0.0325    0.0000               0.5325
      2503205026   LOS ANGELES (MISSION HILL                            91345    CA                             20070301                 20220201   FIXED                   Yes                                             180                    360                          178                      90,000.00                      89,948.12   Second Lien                                337500           427,500.00                         0.00                      -          450,000.00                    95.00               95.00   No MI                     NO MI                        0                                   11.990             0.500       0.0325     0.000               0.5325
      2503205029   XXXXXXXXX                                            07201    NJ                             20070401                 20220201   FIXED                   Yes                                             180                    360                          179                      67,500.00                      67,477.95   Second Lien                                337500           405,000.00                         0.00                 450000              450000                    90.00               90.00   No MI                     NO MI                        0                                  11.4000            0.5000       0.0325    0.0000               0.5325
      2503205117   XXXXXXXX XXXXX                                       00000    FL                             20070301                 20220301   FIXED                   Yes                                             180                    360                          178                      66,000.00                      65,977.82   Second Lien                                247500           313,500.00                         0.00                      -          330,000.00                    95.00               95.00   No MI                     NO MI                        0                                   14.375             0.500       0.0325     0.000               0.5325
      2503205315   CHICAGO                                              60609    IL                             20070301                 20220201   FIXED                   Yes                                             180                    360                          178                      56,400.00                      56,368.62   Second Lien                                211500           267,900.00                         0.00                 286868              284000                    94.34               94.34   No MI                     NO MI                        0                                  12.1500            0.5000       0.0325    0.0000               0.5325
      2503205391   PARK FOREST                                          60466    IL                             20070401                 20220201   FIXED                   Yes                                             180                    360                          179                      37,800.00                      37,788.94   Second Lien                                141750           179,550.00                         0.00                      -          189,000.00                    95.00               95.00   No MI                     NO MI                        0                                   11.898             0.500       0.0325     0.000               0.5325
      2503205411   MERIDIAN                                             83642    ID                             20070301                 20220301   FIXED                   Yes                                             180                    360                          178                      68,700.00                      68,660.40   Second Lien                                366400           435,100.00                         0.00                 458000              510000                    95.00               95.00   No MI                     NO MI                        0                                  11.9900            0.5000       0.0325    0.0000               0.5325
      0000000000   CHICAGO                                              60639    IL                             20070401                 20220201   FIXED                   Yes                                             180                    360                          179                     120,000.00                     119,969.29   Second Lien                                360000           480,000.00                         0.00                 480000              480000                   100.00              100.00   No MI                     NO MI                        0                                  12.5000            0.5000       0.0325    0.0000               0.5325
      2503205693   WINTER PARK                                          32792    FL                             20070301                 20220301   FIXED                   Yes                                             180                    360                          178                      77,000.00                      76,957.63   Second Lien                                288500           365,500.00                         0.00                      -          385,000.00                    94.94               94.94   No MI                     NO MI                        0                                   12.200             0.500       0.0325     0.000               0.5325
      2503205877   FAIR OAKS RANCH                                      78015    TX                             20070301                 20220201   FIXED                   Yes                                             180                    360                          178                      69,000.00                      68,924.35   Second Lien                                368000           437,000.00                         0.00                 460000              475000                    95.00               95.00   No MI                     NO MI                        0                                  13.5600            0.5000       0.0325    0.0000               0.5325
      2503205980   XXXX XXXXXX XXXX                                     00000    UT                             20070301                 20220201   FIXED                   Yes                                             180                    360                          178                      24,750.00                      24,739.28   Second Lien                                123750           148,500.00                         0.00                      -          165,000.00                    90.00               90.00   No MI                     NO MI                        0                                   13.270             0.500       0.0325     0.000               0.5325
      0000000000   CERES                                                95307    CA                             20070301                 20370201   ARMS                    No                                              360                    360                          358                     250,000.00                     250,000.00   First Lien                                      0           250,000.00                         0.00                      -          328,000.00                    76.22               76.22   No MI                     NO MI                        0                                    7.700             0.375       0.0325     0.000               0.4075
      2503206108   CHICAGO                                              60622    IL                             20070401                 20220401   FIXED                   Yes                                             180                    360                          179                      77,800.00                      77,777.74   Second Lien                                311200           389,000.00                         0.00                 389000              390000                   100.00              100.00   No MI                     NO MI                        0                                  12.0000            0.5000       0.0325    0.0000               0.5325
      2503206109   PROVIDENCE                                           02907    RI                             20070401                 20220301   FIXED                   Yes                                             180                    360                          179                      68,750.00                      68,724.90   Second Lien                                206250           275,000.00                         0.00                 275000              280000                   100.00              100.00   No MI                     NO MI                        0                                  10.8900            0.5000       0.0325    0.0000               0.5325
      2503206237   WESTFIELD                                            46074    IN                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     322,050.00                     321,914.95   First Lien                                      0           322,050.00                         0.00                 339000              339000                    95.00               95.00   PMI                       LPMI                        30                                  10.2500            0.3750       0.0325    1.8800               2.2875
      2503206315   POMPANO BEACH                                        33064    FL                             20070401                 20220401   FIXED                   Yes                                             180                    360                          179                      46,000.00                      45,988.92   Second Lien                                172500           218,500.00                         0.00                 230000              230000                    95.00               95.00   No MI                     NO MI                        0                                  12.7690            0.5000       0.0325    0.0000               0.5325
      2503206352   SAN XXXXX                                            94583    CA                             20070401                 20220301   FIXED                   Yes                                             180                    360                          179                     112,500.00                     112,471.78   Second Lien                                562500           675,000.00                         0.00                      -          750,000.00                    90.00               90.00   No MI                     NO MI                        0                                   12.590             0.500       0.0325     0.000               0.5325
      2503206378   PHOENIX                                              85040    AZ                             20070301                 20220301   FIXED                   Yes                                             180                    360                          178                      20,700.00                      20,692.78   Second Lien                                110400           131,100.00                         0.00                      -          138,000.00                    95.00               95.00   No MI                     NO MI                        0                                   14.215             0.500       0.0325     0.000               0.5325
      2503206545   HIALEAH                                              33012    FL                             20070401                 20220201   FIXED                   Yes                                             180                    360                          179                      43,750.00                      43,739.06   Second Lien                                131250           175,000.00                         0.00                      -          175,000.00                   100.00              100.00   No MI                     NO MI                        0                                   12.600             0.500       0.0325     0.000               0.5325
      2503206612   PROVIDENCE                                           02908    RI                             20070401                 20220301   FIXED                   Yes                                             180                    360                          179                      65,000.00                      64,984.24   Second Lien                                195000           260,000.00                         0.00                 260000              295000                   100.00              100.00   No MI                     NO MI                        0                                  12.7400            0.5000       0.0325    0.0000               0.5325
      2503206661   XXXXXXXXX                                            08012    NJ                             20070401                 20220301   FIXED                   Yes                                             180                    360                          179                      41,250.00                      41,243.39   Second Lien                                115500           156,750.00                         0.00                 165000              165000                    95.00               95.00   No MI                     NO MI                        0                                  14.5500            0.5000       0.0325    0.0000               0.5325
      2503206665   PALM HARBOR                                          34683    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     138,000.00                     138,000.00   First Lien                                      0           138,000.00                         0.00                      -          223,000.00                    61.89               61.89   No MI                     NO MI                        0                                    6.625             0.375       0.0325     0.000               0.4075
      2503206762   PALM CITY                                            34990    FL                             20070301                 20220401   FIXED                   Yes                                             180                    360                          178                      52,200.00                      52,161.29   Second Lien                                417600           469,800.00                         0.00                      -          522,000.00                    90.00               90.00   No MI                     NO MI                        0                                   10.840             0.500       0.0325     0.000               0.5325
      2503206786   CLARKSVILLE                                          21029    MD                             20070301                 20220201   FIXED                   Yes                                             180                    360                          178                      96,800.00                      96,729.14   Second Lien                                387200           484,000.00                         0.00                      -          484,000.00                   100.00              100.00   No MI                     NO MI                        0                                   10.900             0.500       0.0325     0.000               0.5325
      2503206794   XX XXXX                                              00000    TX                             20070401                 20220201   FIXED                   Yes                                             180                    360                          179                      66,250.00                      66,231.66   Second Lien                                185500           251,750.00                         0.00                      -          265,000.00                    95.00               95.00   No MI                     NO MI                        0                                   12.150             0.500       0.0325     0.000               0.5325
      2503206867   AMITYVILLE                                           11701    NY                             20070401                 20220301   FIXED                   Yes                                             180                    360                          179                      93,750.00                      93,729.47   Second Lien                                281250           375,000.00                         0.00                      -          375,000.00                   100.00              100.00   No MI                     NO MI                        0                                   13.190             0.500       0.0325     0.000               0.5325
      2503206879   CHICAGO                                              60643    IL                             20070401                 20220301   FIXED                   Yes                                             180                    360                          179                      32,000.00                      31,991.34   Second Lien                                120000           152,000.00                         0.00                 160000              161000                    95.00               95.00   No MI                     NO MI                        0                                  12.2500            0.5000       0.0325    0.0000               0.5325
      2503206902   HOLLISTER                                            95023    CA                             20070401                 20220301   FIXED                   Yes                                             180                    360                          179                     105,000.00                     104,972.46   Second Lien                                525000           630,000.00                         0.00                 700000              702000                    90.00               90.00   No MI                     NO MI                        0                                  12.3900            0.5000       0.0325    0.0000               0.5325
      2503206915   SUMNER                                               98391    WA                             20070301                 20220301   FIXED                   Yes                                             180                    360                          178                      41,990.00                      41,971.92   Second Lien                                157462           199,452.00                         0.00                 209950              213000                    95.00               95.00   No MI                     NO MI                        0                                  13.2900            0.5000       0.0325    0.0000               0.5325
      2503206917   XXXXX XXXXX                                          00000    PA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     580,000.00                     580,000.00   First Lien                                      0           580,000.00                         0.00                 725000              812000                    80.00               80.00   No MI                     NO MI                        0                                   7.1100            0.3750       0.0325    0.0000               0.4075
      2503207027   XXXXX XXXXXXX                                        00000    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     243,750.00                     243,549.80   First Lien                                      0           325,000.00                    81,250.00                 325000              325000                    75.00              100.00   No MI                     NO MI                        0                                   6.9900            0.3750       0.0325    0.0000               0.4075
      2503207030   XXXXX XXXXXXX                                        00000    FL                             20070401                 20220401   FIXED                   Yes                                             180                    360                          179                      81,250.00                      81,224.64   Second Lien                                243750           325,000.00                         0.00                 325000              325000                   100.00              100.00   No MI                     NO MI                        0                                  11.6070            0.5000       0.0325    0.0000               0.5325
      2503207055   PHILADELPHIA                                         19148    PA                             20070401                 20220301   FIXED                   Yes                                             180                    360                          179                      27,000.00                      26,993.96   Second Lien                                135000           162,000.00                         0.00                      -          180,000.00                    90.00               90.00   No MI                     NO MI                        0                                   13.100             0.500       0.0325     0.000               0.5325
      2503207166   WEST COVINA                                          91790    CA                             20070301                 20220301   FIXED                   Yes                                             180                    360                          178                      54,000.00                      53,970.29   Second Lien                                288000           342,000.00                         0.00                 360000              450000                    95.00               95.00   No MI                     NO MI                        0                                  12.2000            0.5000       0.0325    0.0000               0.5325
      2503207362   DENVER                                               80237    CO                             20070301                 20220201   FIXED                   Yes                                             180                    360                          178                     115,750.00                     115,690.32   Second Lien                                578775           694,525.00                         0.00                 771700              775000                    90.00               90.00   No MI                     NO MI                        0                                  12.4900            0.5000       0.0325    0.0000               0.5325
      2503207365   LOS ANGELES (NORTH HOLLYW                            91606    CA                             20070301                 20220201   FIXED                   Yes                                             180                    360                          178                     165,000.00                     164,926.50   Second Lien                                462000           627,000.00                         0.00                      -          660,000.00                    95.00               95.00   No MI                     NO MI                        0                                   13.140             0.500       0.0325     0.000               0.5325
      2503207441   MIAMI                                                33174    FL                             20070401                 20220201   ARMS                    Yes                                             360                    480                          359                     345,000.00                     344,866.33   First Lien                                      0           460,000.00                   115,000.00                 460000              460000                    75.00              100.00   No MI                     NO MI                        0                                   6.9400            0.3750       0.0325    0.0000               0.4075
      2503207460   MIAMI                                                33174    FL                             20070401                 20220401   FIXED                   Yes                                             180                    360                          179                     115,000.00                     114,971.29   Second Lien                                345000           460,000.00                         0.00                 460000              460000                   100.00              100.00   No MI                     NO MI                        0                                  12.6100            0.5000       0.0325    0.0000               0.5325
      2503207462   VALLEJO                                              94589    CA                             20070301                 20220301   FIXED                   Yes                                             180                    360                          178                      84,000.00                      83,950.05   Second Lien                                336000           420,000.00                         0.00                      -          430,000.00                    97.68               97.68   No MI                     NO MI                        0                                   11.850             0.500       0.0325     0.000               0.5325
      2503207487   HOMESTEAD                                            33035    FL                             20070401                 20220201   FIXED                   Yes                                             180                    360                          179                      35,848.00                      35,839.31   Second Lien                                179242           215,090.00                         0.00                 238990              240000                    90.00               90.00   No MI                     NO MI                        0                                  12.7400            0.5000       0.0325    0.0000               0.5325
      2503207506   DENVER                                               80207    CO                             20070301                 20220301   FIXED                   Yes                                             180                    360                          178                      36,750.00                      36,731.06   Second Lien                                183750           220,500.00                         0.00                      -          245,000.00                    90.00               90.00   No MI                     NO MI                        0                                   12.490             0.500       0.0325     0.000               0.5325
      2503207511   LOS ANGELES (XXXXXXX XXXX                            00000    CA                             20070401                 20220201   ARMS                    Yes                                             360                    480                          359                     635,000.00                     634,777.72   First Lien                                      0           635,000.00                         0.00                      -          800,000.00                    79.38               79.38   No MI                     NO MI                        0                                    7.300             0.375       0.0325     0.000               0.4075
      2503207516   LYNDEN                                               98264    WA                             20070301                 20220401   FIXED                   Yes                                             180                    360                          178                      44,400.00                      44,382.94   Second Lien                                236800           281,200.00                         0.00                 296000              325000                    95.00               95.00   No MI                     NO MI                        0                                  13.7900            0.5000       0.0325    0.0000               0.5325
      2503207647   LAKESIDE                                             92040    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     408,000.00                     408,000.00   First Lien                                      0           506,000.00                    98,000.00                      -          510,000.00                    80.00               99.22   No MI                     NO MI                        0                                    6.250             0.375       0.0325     0.000               0.4075
      2503207654   BROOKLYN                                             11203    NY                             20070401                 20220401   FIXED                   Yes                                             180                    360                          179                     121,250.00                     121,221.26   Second Lien                                363750           485,000.00                         0.00                 498000              485000                   100.00              100.00   No MI                     NO MI                        0                                  12.8400            0.5000       0.0325    0.0000               0.5325
      2503207802   SAINT CLOUD                                          34771    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     237,600.00                     237,467.35   First Lien                                      0           237,600.00                         0.00                      -          264,000.00                    90.00               90.00   PMI                       LPMI                        25                                    8.895             0.375       0.0325     1.710               2.1175
      0000000000   BRONX                                                10469    NY                             20070401                 20220401   FIXED                   Yes                                             180                    360                          179                      89,250.00                      89,225.17   Second Lien                                543750           633,000.00                         0.00                      -          725,000.00                    87.32               87.32   No MI                     NO MI                        0                                   12.125             0.500       0.0325     0.000               0.5325
      2503207978   MIAMI                                                33194    FL                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     288,000.00                     288,000.00   First Lien                                      0           324,000.00                    36,000.00                      -          360,000.00                    80.00               90.00   No MI                     NO MI                        0                                    6.890             0.375       0.0325     0.000               0.4075
      2503208019   PORTERVILLE                                          93257    CA                             20070301                 20220401   FIXED                   Yes                                             180                    360                          178                      45,800.00                      45,773.61   Second Lien                                183200           229,000.00                         0.00                 229000              240000                   100.00              100.00   No MI                     NO MI                        0                                  11.9900            0.5000       0.0325    0.0000               0.5325
      2503208053   KAHULUI                                              96732    HI                             20070401                 20220201   FIXED                   Yes                                             180                    360                          179                     123,750.00                     123,702.39   Second Lien                                618750           742,500.00                         0.00                      -          825,000.00                    90.00               90.00   No MI                     NO MI                        0                                   10.650             0.500       0.0325     0.000               0.5325
      2503208074   FREMONT                                              94536    CA                             20070401                 20220301   FIXED                   Yes                                             180                    360                          179                      79,000.00                      78,974.60   Second Lien                                315900           394,900.00                         0.00                 394900              400000                   100.00              100.00   No MI                     NO MI                        0                                  11.4900            0.5000       0.0325    0.0000               0.5325
      2503208084   TAMARAC                                              33321    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     173,000.00                     173,000.00   First Lien                                      0           173,000.00                         0.00                      -          234,000.00                    73.94               73.94   No MI                     NO MI                        0                                    7.000             0.375       0.0325     0.000               0.4075
      2503208171   XXXXXXX XXXX                                         00000    FL                             20070401                 20220401   FIXED                   Yes                                             180                    360                          179                      33,400.00                      33,388.40   Second Lien                                133600           167,000.00                         0.00                 167000              170000                   100.00              100.00   No MI                     NO MI                        0                                  11.1190            0.5000       0.0325    0.0000               0.5325
      2503208184   XXXX                                                 46409    IN                             20070501                 20220301   ARMS                    Yes                                             360                    480                          360                      71,100.00                      71,100.00   First Lien                                      0            71,100.00                         0.00                  79000               79000                    90.00               90.00   PMI                       LPMI                        25                                   9.8400            0.3750       0.0325    0.6200               1.0275
      2503208285   CHICAGO                                              60644    IL                             20070401                 20220401   FIXED                   Yes                                             180                    360                          179                      49,700.00                      49,683.73   Second Lien                                186500           236,200.00                         0.00                 248675              260000                    94.99               94.99   No MI                     NO MI                        0                                  11.3900            0.5000       0.0325    0.0000               0.5325
      2503208298   LOS ANGELES                                          90044    CA                             20070401                 20220301   FIXED                   Yes                                             180                    360                          179                     125,800.00                     125,767.81   Second Lien                                503200           629,000.00                         0.00                 629000              629000                   100.00              100.00   No MI                     NO MI                        0                                  12.5000            0.5000       0.0325    0.0000               0.5325
      2503208308   MIAMI                                                33174    FL                             20070401                 20370301   FIXED                   No                                              360                    360                          359                      43,750.00                      43,738.68   Second Lien                                131250           175,000.00                         0.00                 175000              178000                   100.00              100.00   No MI                     NO MI                        0                                  12.4500            0.5000       0.0325    0.0000               0.5325
      2503208320   RIVIERA BEACH                                        33404    FL                             20070301                 20220401   FIXED                   Yes                                             180                    360                          178                     116,000.00                     115,940.19   Second Lien                                435000           551,000.00                         0.00                 629000              580000                    95.00               95.00   No MI                     NO MI                        0                                  12.4900            0.5000       0.0325    0.0000               0.5325
      0000000000   LOS ANGELES                                          90006    CA                             20070401                 20220201   FIXED                   Yes                                             180                    360                          179                     170,000.00                     170,000.00   Second Lien                                680000           850,000.00                         0.00                 850000              850000                   100.00              100.00   No MI                     NO MI                        0                                  11.8900            0.5000       0.0325    0.0000               0.5325
      0000000000   VALLEJO                                              94591    CA                             20070401                 20220301   ARMS                    Yes                                             360                    480                          359                     446,500.00                     446,407.97   First Lien                                      0           446,500.00                         0.00                      -          470,000.00                    95.00               95.00   PMI                       LPMI                        30                                    9.120             0.375       0.0325     2.380               2.7875
      2503208379   MIAMI                                                33161    FL                             20070401                 20220401   FIXED                   Yes                                             180                    360                          179                      68,000.00                      67,981.56   Second Lien                                255000           323,000.00                         0.00                 340000              340000                    95.00               95.00   No MI                     NO MI                        0                                  12.2400            0.5000       0.0325    0.0000               0.5325
      2503208442   FULLERTON                                            92833    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     672,000.00                     672,000.00   First Lien                                      0           672,000.00                         0.00                      -          840,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.000             0.375       0.0325     0.000               0.4075
      2503208484   AURORA                                               80014    CO                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     155,250.00                     155,145.62   First Lien                                      0           207,000.00                    51,750.00                 207000              207000                    75.00              100.00   No MI                     NO MI                        0                                   7.9900            0.3750       0.0325    0.0000               0.4075
      2503208485   AURORA                                               80014    CO                             20070401                 20220401   FIXED                   Yes                                             180                    360                          179                      51,750.00                      51,738.14   Second Lien                                155250           207,000.00                         0.00                 207000              207000                   100.00              100.00   No MI                     NO MI                        0                                  12.9900            0.5000       0.0325    0.0000               0.5325
      2503208492   NORTH LAS VEGAS                                      89030    NV                             20070301                 20220301   FIXED                   Yes                                             180                    360                          178                      34,200.00                      34,184.76   Second Lien                                182400           216,600.00                         0.00                 230000              228000                    95.00               95.00   No MI                     NO MI                        0                                  13.1400            0.5000       0.0325    0.0000               0.5325
      2503208510   XXXXXXX PARK AREA                                    93225    CA                             20070401                 20220201   FIXED                   Yes                                             180                    360                          179                      64,500.00                      64,482.70   Second Lien                                344000           408,500.00                         0.00                 430000              430000                    95.00               95.00   No MI                     NO MI                        0                                  12.2900            0.5000       0.0325    0.0000               0.5325
      2503208530   XXXX XXXXXXXXXX                                      00000    FL                             20070301                 20220301   FIXED                   Yes                                             180                    360                          178                      69,980.00                      69,943.99   Second Lien                                279920           349,900.00                         0.00                 349900              349900                   100.00              100.00   No MI                     NO MI                        0                                  12.5000            0.5000       0.0325    0.0000               0.5325
      2503208539   FRESNO                                               93722    CA                             20070301                 20220201   FIXED                   Yes                                             180                    360                          178                      41,250.00                      41,220.39   Second Lien                                206250           247,500.00                         0.00                      -          275,000.00                    90.00               90.00   No MI                     NO MI                        0                                   10.990             0.500       0.0325     0.000               0.5325
      2503208594   WILMINGTON                                           19808    DE                             20070301                 20220201   FIXED                   Yes                                             180                    360                          178                      48,000.00                      47,974.75   Second Lien                                180000           228,000.00                         0.00                 240000              246000                    95.00               95.00   No MI                     NO MI                        0                                  12.4000            0.5000       0.0325    0.0000               0.5325
      2503208634   PROVIDENCE                                           02909    RI                             20070401                 20220201   FIXED                   Yes                                             180                    360                          179                      46,000.00                      45,987.80   Second Lien                                184000           230,000.00                         0.00                 230000              232000                   100.00              100.00   No MI                     NO MI                        0                                  12.3400            0.5000       0.0325    0.0000               0.5325
      2503208683   SPRING VALLEY                                        91977    CA                             20070401                 20220301   FIXED                   Yes                                             180                    360                          179                      73,800.00                      73,781.28   Second Lien                                295200           369,000.00                         0.00                 369000              390000                   100.00              100.00   No MI                     NO MI                        0                                  12.5400            0.5000       0.0325    0.0000               0.5325
      2503208720   MINNEAPOLIS                                          55413    MN                             20070401                 20220301   FIXED                   Yes                                             180                    360                          179                      42,600.00                      42,591.41   Second Lien                                170400           213,000.00                         0.00                 213000              213000                   100.00              100.00   No MI                     NO MI                        0                                  13.5500            0.5000       0.0325    0.0000               0.5325
      2503208743   SOUTH EL MONTE                                       91733    CA                             20070401                 20220301   FIXED                   Yes                                             180                    360                          179                     108,000.00                     107,971.42   Second Lien                                432000           540,000.00                         0.00                 540000              544000                   100.00              100.00   No MI                     NO MI                        0                                  12.3500            0.5000       0.0325    0.0000               0.5325
      2503208777   PHOENIX                                              85035    AZ                             20070401                 20220301   FIXED                   Yes                                             180                    360                          179                      30,900.00                      30,891.14   Second Lien                                164800           195,700.00                         0.00                      -          206,000.00                    95.00               95.00   No MI                     NO MI                        0                                   11.990             0.500       0.0325     0.000               0.5325
      2503208833   PROVIDENCE                                           02909    RI                             20070401                 20220301   FIXED                   Yes                                             180                    360                          179                      67,000.00                      66,975.26   Second Lien                                268000           335,000.00                         0.00                 335000              335000                   100.00              100.00   No MI                     NO MI                        0                                  10.8400            0.5000       0.0325    0.0000               0.5325
      2503208891   LANCASTER                                            93536    CA                             20070401                 20220301   FIXED                   Yes                                             180                    360                          179                     113,000.00                     112,970.03   Second Lien                                452000           565,000.00                         0.00                      -          565,000.00                   100.00              100.00   No MI                     NO MI                        0                                   12.340             0.500       0.0325     0.000               0.5325
      2503208925   RENTON                                               98055    WA                             20070401                 20220301   FIXED                   Yes                                             180                    360                          179                      41,000.00                      40,992.71   Second Lien                                153750           194,750.00                         0.00                 205000              205000                    95.00               95.00   No MI                     NO MI                        0                                  14.1000            0.5000       0.0325    0.0000               0.5325
      2503208958   MIAMI LAKES                                          33016    FL                             20070401                 20220301   FIXED                   Yes                                             180                    360                          179                     166,250.00                     166,180.14   Second Lien                                498750           665,000.00                         0.00                 665000              665000                   100.00              100.00   No MI                     NO MI                        0                                  10.2400            0.5000       0.0325    0.0000               0.5325
      2503208999   XXXXXXX ESTATES                                      60192    IL                             20070401                 20220301   FIXED                   Yes                                             180                    360                          179                     148,000.00                     147,948.64   Second Lien                                555000           703,000.00                         0.00                      -          740,000.00                    95.00               95.00   No MI                     NO MI                        0                                   11.125             0.500       0.0325     0.000               0.5325
      0000000000   ORLANDO                                              32835    FL                             20070401                 20220301   FIXED                   Yes                                             180                    360                          179                      62,150.00                      62,136.64   Second Lien                                248700           310,850.00                         0.00                 310900              310900                    99.99               99.99   No MI                     NO MI                        0                                  13.2700            0.5000       0.0325    0.0000               0.5325
      2503209022   THOSAND OAKS                                         91230    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     515,000.00                     515,000.00   First Lien                                      0           515,000.00                         0.00                 794184              815000                    64.85               64.85   No MI                     NO MI                        0                                   5.2500            0.2500       0.0325    0.0000               0.2825
      2503209047   AURORA                                               60505    IL                             20070401                 20220401   FIXED                   Yes                                             180                    360                          179                      45,000.00                      44,988.99   Second Lien                                157500           202,500.00                         0.00                      -          225,000.00                    90.00               90.00   No MI                     NO MI                        0                                   12.700             0.500       0.0325     0.000               0.5325
      2503209086   ORLANDO                                              32811    FL                             20070301                 20220301   FIXED                   Yes                                             180                    360                          178                      27,900.00                      27,885.32   Second Lien                                104625           132,525.00                         0.00                 139500              150000                    95.00               95.00   No MI                     NO MI                        0                                  12.4000            0.5000       0.0325    0.0000               0.5325
      2503209106   LAS VEGAS                                            89144    NV                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     220,000.00                     220,000.00   First Lien                                      0           220,000.00                         0.00                      -          296,000.00                    74.33               74.33   No MI                     NO MI                        0                                    5.990             0.375       0.0325     0.000               0.4075
      2503209123   MURRIETA                                             92563    CA                             20070401                 20220401   FIXED                   Yes                                             180                    360                          179                     135,000.00                     134,959.62   Second Lien                                540000           675,000.00                         0.00                 675000              675000                   100.00              100.00   No MI                     NO MI                        0                                  11.8000            0.5000       0.0325    0.0000               0.5325
      2503209130   KENT                                                 98031    WA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     225,600.00                     225,600.00   First Lien                                      0           267,900.00                    42,300.00                      -          282,000.00                    80.00               95.00   No MI                     NO MI                        0                                    6.990             0.375       0.0325     0.000               0.4075
      2503209131   KENT                                                 98031    WA                             20070401                 20220401   FIXED                   Yes                                             180                    360                          179                      42,300.00                      42,290.08   Second Lien                                225600           267,900.00                         0.00                      -          282,000.00                    95.00               95.00   No MI                     NO MI                        0                                   12.890             0.500       0.0325     0.000               0.5325
      2503209143   LOS ANGELES                                          90022    CA                             20070401                 20220301   FIXED                   Yes                                             180                    360                          179                      69,000.00                      68,975.93   Second Lien                                396000           465,000.00                         0.00                      -          495,000.00                    93.94               93.94   No MI                     NO MI                        0                                   11.100             0.500       0.0325     0.000               0.5325
      2503209149   GRAIN VALLEY                                         64029    MO                             20070401                 20220301   FIXED                   Yes                                             180                    360                          179                      47,000.00                      46,984.56   Second Lien                                176250           223,250.00                         0.00                 235000              240000                    95.00               95.00   No MI                     NO MI                        0                                  11.3750            0.5000       0.0325    0.0000               0.5325
      2503209170   KANEOHE                                              96744    HI                             20070501                 20220301   FIXED                   Yes                                             360                    480                          360                     525,000.00                     525,000.00   First Lien                                      0           525,000.00                         0.00                      -        1,300,000.00                    40.39               40.39   No MI                     NO MI                        0                                    6.125             0.250       0.0325     0.000               0.2825
      2503209189   BLOOMINGTON                                          92316    CA                             20070401                 20220401   FIXED                   Yes                                             180                    360                          179                     100,000.00                      99,974.12   Second Lien                                400000           500,000.00                         0.00                 500000              500000                   100.00              100.00   No MI                     NO MI                        0                                  12.4500            0.5000       0.0325    0.0000               0.5325
      2503209245   MINNEAPOLIS                                          55443    MN                             20070401                 20220301   FIXED                   Yes                                             180                    360                          179                      60,000.00                      59,983.36   Second Lien                                225000           285,000.00                         0.00                 300000              300000                    95.00               95.00   No MI                     NO MI                        0                                  12.1400            0.5000       0.0325    0.0000               0.5325
      2503209267   LOS ANGELES                                          90011    CA                             20070401                 20220301   FIXED                   Yes                                             180                    360                          179                     130,000.00                     129,956.02   Second Lien                                520000           650,000.00                         0.00                 650000              650000                   100.00              100.00   No MI                     NO MI                        0                                  11.2400            0.5000       0.0325    0.0000               0.5325
      2503209268   WOODBRIDGE                                           22193    VA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     643,500.00                     643,500.00   First Lien                                      0           643,500.00                         0.00                      -          715,000.00                    90.00               90.00   PMI                       LPMI                        25                                    7.990             0.375       0.0325     0.520               0.9275
      2503209281   HAYWARD                                              94541    CA                             20070401                 20220401   FIXED                   Yes                                             180                    360                          179                     152,000.00                     151,961.10   Second Lien                                608000           760,000.00                         0.00                 760000              760000                   100.00              100.00   No MI                     NO MI                        0                                  12.5000            0.5000       0.0325    0.0000               0.5325
      2503209322   CHICAGO                                              60624    IL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     380,000.00                     380,000.00   First Lien                                      0           380,000.00                         0.00                 475000              537000                    80.00               80.00   No MI                     NO MI                        0                                   9.7200            0.3750       0.0325    0.0000               0.4075
      2503209337   ASHBURN                                              20147    VA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     371,000.00                     371,000.00   First Lien                                      0           371,000.00                         0.00                      -          575,000.00                    64.53               64.53   No MI                     NO MI                        0                                    6.000             0.375       0.0325     0.000               0.4075
      2503209367   XXXX XXXX XXXXX                                      00000    FL                             20070401                 20220401   FIXED                   Yes                                             180                    360                          179                      29,200.00                      29,191.72   Second Lien                                233600           262,800.00                         0.00                      -          292,000.00                    90.00               90.00   No MI                     NO MI                        0                                   12.040             0.500       0.0325     0.000               0.5325
      2503209386   JERSEY CITY                                          07304    NJ                             20070401                 20220301   FIXED                   Yes                                             180                    360                          179                      48,000.00                      47,989.51   Second Lien                                240000           288,000.00                         0.00                      -          320,000.00                    90.00               90.00   No MI                     NO MI                        0                                   13.200             0.500       0.0325     0.000               0.5325
      2503209499   BROOKLYN                                             11206    NY                             20070401                 20220301   FIXED                   Yes                                             180                    360                          179                     135,000.00                     134,969.76   Second Lien                                540000           675,000.00                         0.00                 675000              675000                   100.00              100.00   No MI                     NO MI                        0                                  13.0900            0.5000       0.0325    0.0000               0.5325
      2503209519   XXXX XXXXXXXXXX                                      00000    FL                             20070401                 20220301   FIXED                   Yes                                             180                    360                          179                      43,500.00                      43,489.09   Second Lien                                217500           261,000.00                         0.00                 290000              295000                    90.00               90.00   No MI                     NO MI                        0                                  12.5900            0.5000       0.0325    0.0000               0.5325
      2503209590   LOS ANGELES                                          90062    CA                             20070401                 20220301   FIXED                   Yes                                             180                    360                          179                      91,000.00                      90,973.09   Second Lien                                364000           455,000.00                         0.00                 455000              455000                   100.00              100.00   No MI                     NO MI                        0                                  11.8500            0.5000       0.0325    0.0000               0.5325
      2503209606   SAN DIEGO                                            92117    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     291,000.00                     291,000.00   First Lien                                      0           291,000.00                         0.00                      -          300,000.00                    97.00               97.00   PMI                       LPMI                        35                                    7.250             0.375       0.0325     0.670               1.0775
      2503209608   PROVIDENCE                                           02907    RI                             20070401                 20220401   FIXED                   Yes                                             180                    360                          179                      87,000.00                      86,974.21   Second Lien                                261000           348,000.00                         0.00                 348000              348000                   100.00              100.00   No MI                     NO MI                        0                                  11.8400            0.5000       0.0325    0.0000               0.5325
      2503209620   XXXXX XXXXX                                          00000    SD                             20070401                 20220301   FIXED                   Yes                                             180                    360                          179                      20,000.00                      19,994.88   Second Lien                                 73550            93,550.00                         0.00                  98500               98500                    94.98               94.98   No MI                     NO MI                        0                                  12.5000            0.5000       0.0325    0.0000               0.5325
      2503209644   PARAMOUNT                                            90723    CA                             20070401                 20220301   FIXED                   Yes                                             180                    360                          179                     105,800.00                     105,756.95   Second Lien                                423200           529,000.00                         0.00                 529000              529000                   100.00              100.00   No MI                     NO MI                        0                                  10.3900            0.5000       0.0325    0.0000               0.5325
      2503209651   CHESTERFIELD                                         23832    VA                             20070401                 20220301   FIXED                   Yes                                             180                    360                          179                      23,250.00                      23,245.25   Second Lien                                116250           139,500.00                         0.00                      -          155,000.00                    90.00               90.00   No MI                     NO MI                        0                                   13.494             0.500       0.0325     0.000               0.5325
      2503209721   XXXXXXXX XXXX                                        00000    NY                             20070401                 20220301   FIXED                   Yes                                             180                    360                          179                     112,350.00                     112,323.39   Second Lien                                449400           561,750.00                         0.00                 561800              565000                   100.00              100.00   No MI                     NO MI                        0                                  12.8440            0.5000       0.0325    0.0000               0.5325
      2503209743   CORAL SPRINGS                                        33065    FL                             20070401                 20220301   FIXED                   Yes                                             180                    360                          179                      87,250.00                      87,227.87   Second Lien                                261750           349,000.00                         0.00                 349000              380000                   100.00              100.00   No MI                     NO MI                        0                                  12.5400            0.5000       0.0325    0.0000               0.5325
      2503209745   BRONX                                                10462    NY                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     103,000.00                     102,973.58   Second Lien                                386250           489,250.00                         0.00                 515000              515000                    95.00               95.00   No MI                     NO MI                        0                                  12.4900            0.5000       0.0325    0.0000               0.5325
      0000000000   BOCA RATON                                           33434    FL                             20070401                 20220401   FIXED                   Yes                                             180                    360                          179                     117,750.00                     117,717.34   Second Lien                                628000           745,750.00                         0.00                 785000              785000                    95.00               95.00   No MI                     NO MI                        0                                  12.1400            0.5000       0.0325    0.0000               0.5325
      2503209762   LOS ANGELES                                          90043    CA                             20070401                 20220301   FIXED                   Yes                                             180                    360                          179                      48,200.00                      48,183.33   Second Lien                                385600           433,800.00                         0.00                      -          482,000.00                    90.00               90.00   No MI                     NO MI                        0                                   11.140             0.500       0.0325     0.000               0.5325
      2503209785   XXXXXXX                                              93905    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     464,000.00                     463,688.04   First Lien                                      0           464,000.00                         0.00                      -          580,000.00                    80.00               80.00   No MI                     NO MI                        0                                    7.990             0.375       0.0325     0.000               0.4075
      2503209788   HOLLISTER                                            95023    CA                             20070401                 20220401   FIXED                   Yes                                             180                    360                          179                     386,550.00                     386,448.27   Second Lien                                800000         1,186,550.00                         0.00                1249000             1249000                    95.00               95.00   No MI                     NO MI                        0                                  12.3750            0.5000       0.0325    0.0000               0.5325
      2503209794   XXXXX XXXXX XXXXX                                    00000    FL                             20070401                 20220301   FIXED                   Yes                                             180                    360                          179                      70,000.00                      69,983.03   Second Lien                                280000           350,000.00                         0.00                      -          350,000.00                   100.00              100.00   No MI                     NO MI                        0                                   12.740             0.500       0.0325     0.000               0.5325
      0000000000   PORTSMOUTH                                           23704    VA                             20070401                 20220301   ARMS                    Yes                                             360                    480                          359                     287,200.00                     287,123.49   First Lien                                      0           287,200.00                         0.00                      -          359,000.00                    80.00               80.00   No MI                     NO MI                        0                                    8.250             0.375       0.0325     0.000               0.4075
      2503209838   XXXXXX XXXXX                                         00000    SC                             20070401                 20370301   FIXED                   No                                              360                    360                          359                      24,075.00                      24,067.80   Second Lien                                128400           152,475.00                         0.00                 160500              165000                    95.00               95.00   No MI                     NO MI                        0                                  11.8000            0.5000       0.0325    0.0000               0.5325
      2503209974   DAVIE                                                33328    FL                             20070401                 20220401   FIXED                   Yes                                             180                    360                          179                      53,750.00                      53,736.29   Second Lien                                150500           204,250.00                         0.00                 215000              263000                    95.00               95.00   No MI                     NO MI                        0                                  12.5150            0.5000       0.0325    0.0000               0.5325
      2503210023   OAKLAND                                              94602    CA                             20070401                 20220301   FIXED                   Yes                                             180                    360                          179                     109,500.00                     109,465.39   Second Lien                                584000           693,500.00                         0.00                      -          730,000.00                    95.00               95.00   No MI                     NO MI                        0                                   11.550             0.500       0.0325     0.000               0.5325
      2503210036   MIAMI                                                33176    FL                             20070401                 20220301   FIXED                   Yes                                             180                    360                          179                      39,750.00                      39,737.55   Second Lien                                119250           159,000.00                         0.00                 159000              168000                   100.00              100.00   No MI                     NO MI                        0                                  11.5900            0.5000       0.0325    0.0000               0.5325
      2503210037   RIALTO                                               92376    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     273,000.00                     273,000.00   First Lien                                      0           351,000.00                    78,000.00                      -          390,000.00                    70.00               90.00   No MI                     NO MI                        0                                    5.875             0.375       0.0325     0.000               0.4075
      2503210129   RICHMOND                                             23223    VA                             20070401                 20220401   FIXED                   Yes                                             180                    360                          179                      32,000.00                      31,991.70   Second Lien                                128000           160,000.00                         0.00                 160000              165000                   100.00              100.00   No MI                     NO MI                        0                                  12.4400            0.5000       0.0325    0.0000               0.5325
      2503210258   VISALIA                                              93291    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     127,920.00                     127,920.00   First Lien                                      0           127,920.00                         0.00                 159900              165000                    80.00               80.00   No MI                     NO MI                        0                                   6.7500            0.2500       0.0325    0.0000               0.2825
      2503210263   XXXX RAPIDS                                          55448    MN                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     178,000.00                     178,000.00   First Lien                                      0           202,374.00                    24,374.00                      -          260,000.00                    68.47               77.84   No MI                     NO MI                        0                                    5.750             0.375       0.0325     0.000               0.4075
      2503210265   XXX XXXXXXXXXX XXXX                                  00000    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     281,000.00                     281,000.00   First Lien                                      0           281,000.00                         0.00                      -          343,000.00                    81.93               81.93   PMI                       BPMI                        12                                    8.050             0.375       0.0325     0.000               0.4075
      2503210353   ORLANDO                                              32818    FL                             20070401                 20220401   FIXED                   Yes                                             180                    360                          179                      43,600.00                      43,591.86   Second Lien                                163500           207,100.00                         0.00                      -          218,000.00                    95.00               95.00   No MI                     NO MI                        0                                   13.890             0.500       0.0325     0.000               0.5325
      0000000000   SANTA XXXX                                           95403    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     568,000.00                     568,000.00   First Lien                                      0           568,000.00                         0.00                      -          829,500.00                    68.48               68.48   No MI                     NO MI                        0                                    5.500             0.375       0.0325     0.000               0.4075
      2503210442   LOS ANGELES (WEST HILLS A                            91307    CA                             20070401                 20220401   FIXED                   Yes                                             180                    360                          179                     143,000.00                     142,962.37   Second Lien                                572000           715,000.00                         0.00                 715000              800000                   100.00              100.00   No MI                     NO MI                        0                                  12.3750            0.5000       0.0325    0.0000               0.5325
      2503210459   HONOLULU                                             96817    HI                             20070401                 20220301   FIXED                   Yes                                             180                    360                          179                      54,000.00                      53,981.74   Second Lien                                216000           270,000.00                         0.00                 270000              278000                   100.00              100.00   No MI                     NO MI                        0                                  11.2440            0.5000       0.0325    0.0000               0.5325
      2503210478   LAS VEGAS                                            89178    NV                             20070401                 20220301   FIXED                   Yes                                             180                    360                          179                     124,672.00                     124,641.43   Second Lien                                498688           623,360.00                         0.00                 623360              624000                   100.00              100.00   No MI                     NO MI                        0                                  12.6900            0.5000       0.0325    0.0000               0.5325
      2503210569   OPA LOCKA                                            33056    FL                             20070401                 20220301   ARMS                    Yes                                             360                    480                          359                     132,750.00                     132,727.96   First Lien                                      0           132,750.00                         0.00                      -          177,000.00                    75.00               75.00   No MI                     NO MI                        0                                    9.840             0.375       0.0325     0.000               0.4075
      2503210596   POMONA                                               91766    CA                             20070401                 20220401   FIXED                   Yes                                             180                    360                          179                      70,350.00                      70,331.34   Second Lien                                375200           445,550.00                         0.00                      -          470,000.00                    94.80               94.80   No MI                     NO MI                        0                                   12.340             0.500       0.0325     0.000               0.5325
      2503210649   NORTH MIAMI                                          33181    FL                             20070401                 20220301   FIXED                   Yes                                             180                    360                          179                     180,000.00                     179,948.38   Second Lien                                540000           720,000.00                         0.00                 720000              720000                   100.00              100.00   No MI                     NO MI                        0                                  11.9900            0.5000       0.0325    0.0000               0.5325
      2503210809   JACKSONVILLE                                         32244    FL                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     138,900.00                     138,900.00   First Lien                                      0           166,650.00                    27,750.00                 185200              187000                    75.00               89.99   No MI                     NO MI                        0                                   6.8750            0.3750       0.0325    0.0000               0.4075
      0000000000   LAKEWOOD                                             90805    CA                             20070401                 20220401   FIXED                   Yes                                             180                    360                          179                     100,000.00                      99,971.33   Second Lien                                400000           500,000.00                         0.00                 500000              500000                   100.00              100.00   No MI                     NO MI                        0                                  11.9900            0.5000       0.0325    0.0000               0.5325
      2503210870   WHITTIER                                             90601    CA                             20070401                 20220301   FIXED                   Yes                                             180                    360                          179                     400,000.00                     399,889.31   Second Lien                                750000         1,150,000.00                         0.00                1225000             1225000                    93.88               93.88   No MI                     NO MI                        0                                  12.1500            0.5000       0.0325    0.0000               0.5325
      2503210917   TAHOE CITY                                           96145    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     735,000.00                     735,000.00   First Lien                                      0           735,000.00                         0.00                      -        1,050,000.00                    70.00               70.00   No MI                     NO MI                        0                                    5.750             0.250       0.0325     0.000               0.2825
      2503210966   ALBUQUERQUE                                          87102    NM                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     109,800.00                     109,800.00   First Lien                                      0           109,800.00                         0.00                 122000              133000                    90.00               90.00   PMI                       LPMI                        25                                  10.7200            0.3750       0.0325    0.8200               1.2275
      2503211005   MESA                                                 85209    AZ                             20070401                 20370401   ARMS                    Yes                                             360                    480                          359                     270,000.00                     269,933.08   First Lien                                      0           270,000.00                         0.00                      -          300,000.00                    90.00               90.00   PMI                       LPMI                        25                                    8.990             0.375       0.0325     1.540               1.9475
      2503211020   WESTON                                               33326    FL                             20070401                 20220401   FIXED                   Yes                                             180                    360                          179                      51,550.00                      51,539.28   Second Lien                                154650           206,200.00                         0.00                 206200              213000                   100.00              100.00   No MI                     NO MI                        0                                  13.4150            0.5000       0.0325    0.0000               0.5325
      2503211108   HONOLULU                                             96819    HI                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     476,000.00                     476,000.00   First Lien                                      0           595,000.00                   119,000.00                 595000              600000                    80.00              100.00   No MI                     NO MI                        0                                   6.0000            0.3750       0.0325    0.0000               0.4075
      2503211326   ESCONDIDO                                            92026    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     432,000.00                     432,000.00   First Lien                                      0           527,600.00                    95,600.00                      -          540,000.00                    80.00               97.71   No MI                     NO MI                        0                                    5.500             0.375       0.0325     0.000               0.4075
      2503211373   IRVINE                                               92602    CA                             20070401                 20220401   FIXED                   Yes                                             180                    360                          179                     172,500.00                     172,455.76   Second Lien                                517500           690,000.00                         0.00                      -          690,000.00                   100.00              100.00   No MI                     NO MI                        0                                   12.490             0.500       0.0325     0.000               0.5325
      2503211427   LAS VEGAS                                            89110    NV                             20070401                 20220301   FIXED                   Yes                                             180                    360                          179                      22,500.00                      22,494.15   Second Lien                                120000           142,500.00                         0.00                      -          150,000.00                    95.00               95.00   No MI                     NO MI                        0                                   12.430             0.500       0.0325     0.000               0.5325
      2503211458   BROOKLYN                                             11221    NY                             20070401                 20220301   FIXED                   Yes                                             180                    360                          179                     187,500.00                     187,455.90   Second Lien                                562500           750,000.00                         0.00                 750000              760000                   100.00              100.00   No MI                     NO MI                        0                                  12.8750            0.5000       0.0325    0.0000               0.5325
      2503211465   SUNNYVALE                                            94085    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     500,000.00                     500,000.00   First Lien                                      0           625,000.00                   125,000.00                 625000              625000                    80.00              100.00   No MI                     NO MI                        0                                   6.5750            0.3750       0.0325    0.0000               0.4075
      2503211498   APOPKA                                               32703    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     225,400.00                     225,400.00   First Lien                                      0           253,575.00                    28,175.00                      -          281,750.00                    80.00               90.00   No MI                     NO MI                        0                                    6.817             0.375       0.0325     0.000               0.4075
      2503211501   MIAMI                                                33155    FL                             20070401                 20220401   FIXED                   Yes                                             180                    360                          179                      34,350.00                      34,341.86   Second Lien                                137250           171,600.00                         0.00                 171600              171600                   100.00              100.00   No MI                     NO MI                        0                                  12.8400            0.5000       0.0325    0.0000               0.5325
      2503211543   XXXX XXXXX                                           00000    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     166,400.00                     166,400.00   First Lien                                      0           166,400.00                         0.00                      -          208,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.250             0.375       0.0325     0.000               0.4075
      2503211653   HESPERIA                                             92345    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     283,200.00                     283,200.00   First Lien                                      0           318,600.00                    35,400.00                      -          354,000.00                    80.00               90.00   No MI                     NO MI                        0                                    6.450             0.375       0.0325     0.000               0.4075
      2503211660   MIAMI                                                33177    FL                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     155,200.00                     155,200.00   First Lien                                      0           155,200.00                         0.00                      -          194,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.500             0.250       0.0325     0.000               0.2825
      2503211681   MIAMI                                                33162    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     236,000.00                     235,892.21   First Lien                                      0           236,000.00                         0.00                      -          295,000.00                    80.00               80.00   No MI                     NO MI                        0                                    9.850             0.375       0.0325     0.000               0.4075
      2503211683   SACRAMENTO                                           95829    CA                             20070401                 20220401   FIXED                   Yes                                             180                    360                          179                      55,250.00                      55,235.67   Second Lien                                281250           336,500.00                         0.00                      -          375,000.00                    89.74               89.74   No MI                     NO MI                        0                                   12.440             0.500       0.0325     0.000               0.5325
      2503211691   KEAAU                                                96749    HI                             20070401                 20220301   FIXED                   Yes                                             180                    360                          179                      27,750.00                      27,741.68   Second Lien                                148000           175,750.00                         0.00                 185000              211500                    95.00               95.00   No MI                     NO MI                        0                                  11.7900            0.5000       0.0325    0.0000               0.5325
      2503211805   HONOLULU                                             96818    HI                             20070601                 20220301   FIXED                   Yes                                             360                    480                          360                     747,000.00                     747,000.00   First Lien                                      0           747,000.00                         0.00                      -          830,000.00                    90.00               90.00   PMI                       LPMI                        25                                    7.250             0.250       0.0325     0.870               1.1525
      2503211829   LOS ANGELES (WILMINGTON A                            90744    CA                             20070401                 20220401   FIXED                   Yes                                             180                    360                          179                     128,600.00                     128,566.30   Second Lien                                450100           578,700.00                         0.00                      -          643,000.00                    90.00               90.00   No MI                     NO MI                        0                                   12.394             0.500       0.0325     0.000               0.5325
      2503211853   MUNDELEIN                                            60060    IL                             20070401                 20220301   FIXED                   Yes                                             180                    360                          179                     112,200.00                     112,170.24   Second Lien                                495000           607,200.00                         0.00                      -          660,000.00                    92.00               92.00   No MI                     NO MI                        0                                   12.340             0.500       0.0325     0.000               0.5325
      2503211856   ORLANDO                                              32811    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     269,300.00                     269,300.00   First Lien                                      0           269,300.00                         0.00                 283500              289000                    95.00               95.00   PMI                       LPMI                        30                                   8.5500            0.3750       0.0325    1.5700               1.9775
      2503211885   XXXXXXX                                              00000    XX                             20070401                 20220401   FIXED                   Yes                                             180                    360                          179                      76,708.00                      76,692.83   Second Lien                                409112           485,820.00                         0.00                 511390              511390                    95.00               95.00   No MI                     NO MI                        0                                  13.6400            0.5000       0.0325    0.0000               0.5325
      2503211888   SANGER                                               93657    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     177,000.00                     177,000.00   First Lien                                      0           207,000.00                    30,000.00                      -          226,000.00                    78.32               91.60   No MI                     NO MI                        0                                    7.000             0.250       0.0325     0.000               0.2825
      0000000000   WATSONVILLE                                          95076    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     552,000.00                     552,000.00   First Lien                                      0           552,000.00                         0.00                      -          690,000.00                    80.00               80.00   No MI                     NO MI                        0                                    5.990             0.375       0.0325     0.000               0.4075
      0000000000   PFLUGERVILLE                                         78660    TX                             20070401                 20220401   FIXED                   Yes                                             180                    360                          179                      20,000.00                      19,995.10   Second Lien                                102386           122,386.00                         0.00                 128828              128828                    95.00               95.00   No MI                     NO MI                        0                                  12.6900            0.5000       0.0325    0.0000               0.5325
      2503212164   LOS ANGELES (SAN XXXXXXXX                            91340    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     517,750.00                     517,750.00   First Lien                                      0           517,750.00                         0.00                 545000              550000                    95.00               95.00   PMI                       LPMI                        30                                   8.7000            0.3750       0.0325    1.1600               1.5675
      2503212207   LINCOLN                                              95648    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     433,200.00                     433,200.00   First Lien                                      0           433,200.00                         0.00                      -          456,000.00                    95.00               95.00   PMI                       LPMI                        30                                    7.250             0.375       0.0325     1.130               1.5375
      2503212214   LAS VEGAS                                            89012    NV                             20070401                 20220401   FIXED                   Yes                                             180                    360                          179                      53,750.00                      53,739.38   Second Lien                                150500           204,250.00                         0.00                 215000              215000                    95.00               95.00   No MI                     NO MI                        0                                  13.6400            0.5000       0.0325    0.0000               0.5325
      2503212258   LOS ANGELES (SUN VALLEY A                            91352    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     459,200.00                     459,200.00   First Lien                                      0           459,200.00                         0.00                      -          574,000.00                    80.00               80.00   No MI                     NO MI                        0                                    5.750             0.375       0.0325     0.000               0.4075
      2503212273   COCOA                                                32927    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     224,800.00                     224,696.23   First Lien                                      0           251,250.00                    26,450.00                      -          264,500.00                    85.00               95.00   No MI                     NO MI                        0                                    9.800             0.375       0.0325     0.000               0.4075
      0000000000   XXXXXXXX XXXX                                        00000    CA                             20070401                 20220401   FIXED                   Yes                                             180                    360                          179                     143,700.00                     143,656.54   Second Lien                                335300           479,000.00                         0.00                 480000              480000                    99.80               99.80   No MI                     NO MI                        0                                  11.7500            0.5000       0.0325    0.0000               0.5325
      2503212309   SAN DIEGO                                            92124    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     220,000.00                     220,000.00   First Lien                                      0           220,000.00                         0.00                 490000              500000                    44.90               44.90   No MI                     NO MI                        0                                   5.7300            0.3750       0.0325    0.0000               0.4075
      2503212329   FULLERTON                                            92832    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     568,000.00                     568,000.00   First Lien                                      0           568,000.00                         0.00                 710000              725000                    80.00               80.00   No MI                     NO MI                        0                                   6.4900            0.3750       0.0325    0.0000               0.4075
      2503212347   HOMESTEAD                                            33033    FL                             20070401                 20220401   FIXED                   Yes                                             180                    360                          179                      43,738.00                      43,726.90   Second Lien                                233271           277,009.00                         0.00                 291589              305000                    95.00               95.00   No MI                     NO MI                        0                                  12.5400            0.5000       0.0325    0.0000               0.5325
      2503212354   XXXXXX VALLEY                                        92551    CA                             20070401                 20220301   FIXED                   Yes                                             180                    360                          179                      85,000.00                      84,976.43   Second Lien                                318750           403,750.00                         0.00                      -          429,000.00                    94.12               94.12   No MI                     NO MI                        0                                   12.140             0.500       0.0325     0.000               0.5325
      2503212425   COVINA                                               91722    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     334,000.00                     334,000.00   First Lien                                      0           334,000.00                         0.00                      -          595,000.00                    56.14               56.14   No MI                     NO MI                        0                                    6.250             0.250       0.0325     0.000               0.2825
      0000000000   XXXXXXXX                                             94553    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     480,000.00                     480,000.00   First Lien                                      0           480,000.00                         0.00                      -          600,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.488             0.375       0.0325     0.000               0.4075
      2503212614   MIAMI                                                33135    FL                             20070401                 20220401   FIXED                   Yes                                             180                    360                          179                     112,000.00                     111,981.81   Second Lien                                420000           532,000.00                         0.00                 560000              560000                    95.00               95.00   No MI                     NO MI                        0                                  14.4950            0.5000       0.0325    0.0000               0.5325
      2503212622   BELL                                                 90201    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     339,500.00                     339,500.00   First Lien                                      0           339,500.00                         0.00                      -          530,000.00                    64.06               64.06   No MI                     NO MI                        0                                    6.195             0.250       0.0325     0.000               0.2825
      2503212634   VISALIA                                              93277    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     164,000.00                     164,000.00   First Lien                                      0           164,000.00                         0.00                      -          252,000.00                    65.08               65.08   No MI                     NO MI                        0                                    6.250             0.250       0.0325     0.000               0.2825
      2503212649   CHICAGO                                              60639    IL                             20070401                 20370301   FIXED                   No                                              360                    360                          359                     259,000.00                     258,765.86   First Lien                                      0           399,000.00                   140,000.00                      -          400,000.00                    64.75               99.75   No MI                     NO MI                        0                                    6.500             0.250       0.0325     0.000               0.2825
      2503212656   PAPAALOA                                             96780    HI                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     400,000.00                     400,000.00   First Lien                                      0           400,000.00                         0.00                      -        1,400,000.00                    28.58               28.58   No MI                     NO MI                        0                                    5.875             0.250       0.0325     0.000               0.2825
      2503212706   SAN BERNARDINO                                       92404    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     273,000.00                     273,000.00   First Lien                                      0           317,445.00                    44,445.00                      -          375,000.00                    72.80               84.66   No MI                     NO MI                        0                                    6.375             0.375       0.0325     0.000               0.4075
      2503212742   XXXXXXXX XXXXXX                                      00000    NY                             20070401                 20220401   FIXED                   Yes                                             180                    360                          179                      81,000.00                      80,975.45   Second Lien                                324000           405,000.00                         0.00                 405000              435000                   100.00              100.00   No MI                     NO MI                        0                                  11.7400            0.5000       0.0325    0.0000               0.5325
      2503212748   XXXXXXXXXX                                           95608    CA                             20070401                 20220301   FIXED                   Yes                                             180                    360                          179                      56,000.00                      55,986.19   Second Lien                                265000           321,000.00                         0.00                      -          357,500.00                    89.80               89.80   No MI                     NO MI                        0                                   12.665             0.500       0.0325     0.000               0.5325
      2503212778   INDIANAPOLIS                                         46237    IN                             20070501                 20370401   ARMS                    No                                              360                    360                          360                      89,910.00                      89,910.00   First Lien                                      0            89,910.00                         0.00                  99900              101000                    90.00               90.00   PMI                       LPMI                        25                                   9.2100            0.3750       0.0325    0.8700               1.2775
      0000000000   XXXXXX XXXXX XXXXXXXXX                               00000    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     361,600.00                     361,600.00   First Lien                                      0           452,000.00                    90,400.00                 452000              455000                    80.00              100.00   No MI                     NO MI                        0                                   6.2500            0.3750       0.0325    0.0000               0.4075
      2503213006   ZEPHYRHILLS                                          33541    FL                             20070401                 20220401   FIXED                   Yes                                             180                    360                          179                      37,500.00                      37,490.06   Second Lien                                200000           237,500.00                         0.00                 250000              250000                    95.00               95.00   No MI                     NO MI                        0                                  12.3400            0.5000       0.0325    0.0000               0.5325
      2503213025   XXXXXX CITY                                          94404    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                   1,031,800.00                   1,031,800.00   First Lien                                      0         1,031,800.00                         0.00                      -        1,350,000.00                    76.43               76.43   No MI                     NO MI                        0                                    6.375             0.375       0.0325     0.000               0.4075
      2503213030   OCEANSIDE                                            92057    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     348,750.00                     348,389.33   First Lien                                      0           348,750.00                         0.00                      -          465,000.00                    75.00               75.00   No MI                     NO MI                        0                                    5.800             0.375       0.0325     0.000               0.4075
      2503213035   XXXXXXXXX                                            00000    CA                             20070401                 20220401   FIXED                   Yes                                             180                    360                          179                      67,500.00                      67,443.63   Second Lien                                337500           405,000.00                         0.00                      -          450,000.00                    90.00               90.00   No MI                     NO MI                        0                                   13.220             0.500       0.0325     0.000               0.5325
      2503213040   STATEN ISLAND                                        10305    NY                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     581,250.00                     581,250.00   First Lien                                      0           697,500.00                   116,250.00                      -          775,000.00                    75.00               90.00   No MI                     NO MI                        0                                    6.380             0.375       0.0325     0.000               0.4075
      2503213054   OCEANSIDE                                            92054    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     232,448.00                     232,448.00   First Lien                                      0           290,560.00                    58,112.00                 290560              294000                    80.00              100.00   No MI                     NO MI                        0                                   6.3750            0.3750       0.0325    0.0000               0.4075
      2503213083   CORONA                                               92880    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     439,500.00                     439,500.00   First Lien                                      0           439,500.00                         0.00                      -          586,000.00                    75.00               75.00   No MI                     NO MI                        0                                    6.809             0.375       0.0325     0.000               0.4075
      2503213124   XXXXX XXXXX                                          00000    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     280,150.00                     280,150.00   First Lien                                      0           280,150.00                         0.00                 294900              305000                    95.00               95.00   PMI                       BPMI                        30                                   7.5400            0.3750       0.0325    0.0000               0.4075
      0000000000   WEST XXXXXXXXXX                                      00000    XX                             20070501                 20370401   FIXED                   Yes                                             360                    480                          360                     232,500.00                     232,500.00   First Lien                                      0           232,500.00                         0.00                      -          310,000.00                    75.00               75.00   No MI                     NO MI                        0                                    6.750             0.250       0.0325     0.000               0.2825
      2503213233   STOCKTON                                             95205    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     131,000.00                     131,000.00   First Lien                                      0           131,000.00                         0.00                      -          285,000.00                    45.97               45.97   No MI                     NO MI                        0                                    6.450             0.250       0.0325     0.000               0.2825
      2503213234   WEST COVINA                                          91790    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     359,250.00                     359,250.00   First Lien                                      0           479,000.00                   119,750.00                 479000              479000                    75.00              100.00   No MI                     NO MI                        0                                   6.1200            0.3750       0.0325    0.0000               0.4075
      2503213241   MANTECA                                              95337    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     410,400.00                     410,400.00   First Lien                                      0           410,400.00                         0.00                      -          513,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.550             0.375       0.0325     0.000               0.4075
      2503213298   WALPOLE                                              02081    MA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     500,000.00                     500,000.00   First Lien                                      0           500,000.00                         0.00                      -          530,000.00                    94.34               94.34   PMI                       LPMI                        30                                    8.500             0.375       0.0325     0.430               0.8375
      2503213337   LANCASTER                                            17603    PA                             20070401                 20220401   FIXED                   Yes                                             180                    360                          179                      20,600.00                      20,596.76   Second Lien                                 77250            97,850.00                         0.00                 103000              120000                    95.00               95.00   No MI                     NO MI                        0                                  14.6400            0.5000       0.0325    0.0000               0.5325
      2503213350   IRVINE                                               92620    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     650,000.00                     650,000.00   First Lien                                      0           650,000.00                         0.00                      -        1,090,000.00                    59.64               59.64   No MI                     NO MI                        0                                    5.750             0.375       0.0325     0.000               0.4075
      2503213384   PINELLAS PARK                                        33762    FL                             20070501                 20370401   ARMS                    Yes                                             360                    480                          360                     229,500.00                     229,500.00   First Lien                                      0           229,500.00                         0.00                      -          255,000.00                    90.00               90.00   PMI                       LPMI                        25                                    8.750             0.375       0.0325     1.410               1.8175
      0000000000   IRVINE                                               92606    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     520,000.00                     520,000.00   First Lien                                      0           650,000.00                   130,000.00                 650000              650000                    80.00              100.00   No MI                     NO MI                        0                                   5.4500            0.3750       0.0325    0.0000               0.4075
      2503213496   ROSAMOND                                             93560    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     271,000.00                     271,000.00   First Lien                                      0           271,000.00                         0.00                      -          396,000.00                    68.44               68.44   No MI                     NO MI                        0                                    6.400             0.375       0.0325     0.000               0.4075
      2503213518   MESA                                                 85206    AZ                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     225,000.00                     225,000.00   First Lien                                      0           225,000.00                         0.00                      -          250,000.00                    90.00               90.00   PMI                       LPMI                        25                                    8.990             0.375       0.0325     1.340               1.7475
      2503213534   PLANTATION                                           33323    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     900,000.00                     900,000.00   First Lien                                      0           960,000.00                    60,000.00                1200123             1200000                    75.00               80.00   No MI                     NO MI                        0                                   6.4500            0.3750       0.0325    0.0000               0.4075
      2503213535   MIAMI                                                33127    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     149,000.00                     149,000.00   First Lien                                      0           149,000.00                         0.00                      -          245,000.00                    60.82               60.82   No MI                     NO MI                        0                                    7.815             0.375       0.0325     0.000               0.4075
      2503213553   BOWIE                                                20720    MD                             20070401                 20220401   FIXED                   Yes                                             180                    360                          179                     155,000.00                     154,944.73   Second Lien                                465000           620,000.00                         0.00                 620000              635000                   100.00              100.00   No MI                     NO MI                        0                                  11.0000            0.5000       0.0325    0.0000               0.5325
      2503213580   TACOMA                                               98404    WA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     240,000.00                     240,000.00   First Lien                                      0           240,000.00                         0.00                      -          255,000.00                    94.12               94.12   PMI                       BPMI                        30                                    6.750             0.375       0.0325     0.000               0.4075
      2503213591   (XXXXXXXX XXXXX XXXX) LOS                            91364    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     825,000.00                     825,000.00   First Lien                                      0           825,000.00                         0.00                      -        1,100,000.00                    75.00               75.00   No MI                     NO MI                        0                                    5.990             0.375       0.0325     0.000               0.4075
      0000000000   SAN DIEGO                                            92120    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     468,000.00                     468,000.00   First Lien                                      0           585,000.00                   117,000.00                 585000              625000                    80.00              100.00   No MI                     NO MI                        0                                   5.9000            0.3750       0.0325    0.0000               0.4075
      2503213618   MIAMI                                                33145    FL                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     258,300.00                     258,300.00   First Lien                                      0           258,300.00                         0.00                 322900              347000                    80.00               80.00   No MI                     NO MI                        0                                   7.9630            0.3750       0.0325    0.0000               0.4075
      2503213647   MIRAMAR                                              33025    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     130,000.00                     130,000.00   First Lien                                      0           150,000.00                    20,000.00                      -          175,000.00                    74.29               85.72   No MI                     NO MI                        0                                    6.400             0.375       0.0325     0.000               0.4075
      2503213650   LAS VEGAS                                            89121    NV                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     384,000.00                     384,000.00   First Lien                                      0           384,000.00                         0.00                      -          480,000.00                    80.00               80.00   No MI                     NO MI                        0                                    8.663             0.375       0.0325     0.000               0.4075
      2503213654   MESA                                                 85206    AZ                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     188,000.00                     188,000.00   First Lien                                      0           188,000.00                         0.00                      -          222,000.00                    84.69               84.69   PMI                       LPMI                        22                                    5.875             0.375       0.0325     0.610               1.0175
      2503213687   MANTECA                                              95336    CA                             20070401                 20220401   FIXED                   Yes                                             180                    360                          179                      97,800.00                      97,773.94   Second Lien                                521600           619,400.00                         0.00                      -          652,000.00                    95.00               95.00   No MI                     NO MI                        0                                   12.319             0.500       0.0325     0.000               0.5325
      2503213717   ORLANDO                                              32811    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     163,200.00                     163,200.00   First Lien                                      0           163,200.00                         0.00                 204000              205000                    80.00               80.00   No MI                     NO MI                        0                                   7.5400            0.3750       0.0325    0.0000               0.4075
      0000000000   LOS ANGELES                                          90067    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     600,000.00                     600,000.00   First Lien                                      0           600,000.00                         0.00                      -          750,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.000             0.375       0.0325     0.000               0.4075
      2503213776   LOS ANGELES                                          90041    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     289,500.00                     289,500.00   First Lien                                      0           289,500.00                         0.00                      -          505,000.00                    57.33               57.33   No MI                     NO MI                        0                                    6.125             0.250       0.0325     0.000               0.2825
      2503213822   XXXXXX                                               00000    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     243,093.00                     243,093.00   First Lien                                      0           243,093.00                         0.00                 543093              580000                    44.77               44.77   No MI                     NO MI                        0                                   6.3750            0.2500       0.0325    0.0000               0.2825
      2503213886   XXXXXX                                               48092    MI                             20070601                 20370401   ARMS                    Yes                                             360                    480                          360                     333,765.00                     333,765.00   First Lien                                      0           352,307.00                    18,542.00                 370850              380000                    90.00               95.00   PMI                       LPMI                        25                                   9.7900            0.3750       0.0325    1.2100               1.6175
      2503213903   XXXXXXXX XXXXXXX                                     00000    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     160,000.00                     160,000.00   First Lien                                      0           160,000.00                         0.00                      -          490,000.00                    32.66               32.66   No MI                     NO MI                        0                                    5.350             0.250       0.0325     0.000               0.2825
      0000000000   SAN PABLO                                            94806    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     290,250.00                     290,250.00   First Lien                                      0           387,000.00                    96,750.00                 387000              387000                    75.00              100.00   No MI                     NO MI                        0                                   6.1100            0.3750       0.0325    0.0000               0.4075
      2503213906   WEST CHICAGO                                         60185    IL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     456,800.00                     456,800.00   First Lien                                      0           571,000.00                   114,200.00                      -          571,000.00                    80.00              100.00   No MI                     NO MI                        0                                    7.550             0.375       0.0325     0.000               0.4075
      2503213921   PORTSMOUTH                                           23703    VA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                      90,000.00                      90,000.00   First Lien                                      0            95,000.00                     5,000.00                 100000              100000                    90.00               95.00   PMI                       LPMI                        25                                  11.0000            0.3750       0.0325    1.3400               1.7475
      2503213949   XXX XXXXXXX XXXX                                     00000    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     344,000.00                     344,000.00   First Lien                                      0           430,000.00                    86,000.00                 430000              430000                    80.00              100.00   No MI                     NO MI                        0                                   6.6250            0.3750       0.0325    0.0000               0.4075
      2503213972   POMONA                                               91766    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     454,750.00                     454,750.00   First Lien                                      0           454,750.00                         0.00                      -          535,000.00                    85.00               85.00   PMI                       LPMI                        22                                    8.125             0.375       0.0325     0.840               1.2475
      2503213981   LONG BEACH                                           90805    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     385,000.00                     385,000.00   First Lien                                      0           385,000.00                         0.00                      -          510,000.00                    75.50               75.50   No MI                     NO MI                        0                                    6.240             0.250       0.0325     0.000               0.2825
      2503213990   CHICAGO                                              60636    IL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     128,250.00                     128,250.00   First Lien                                      0           128,250.00                         0.00                 135000              145000                    95.00               95.00   PMI                       LPMI                        30                                   8.6750            0.3750       0.0325    0.6800               1.0875
      2503214010   XXXX XXXXXXXXXX                                      00000    FL                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     944,000.00                     944,000.00   First Lien                                      0         1,180,000.00                   236,000.00                1180000             1400000                    80.00              100.00   No MI                     NO MI                        0                                   7.7500            0.3750       0.0325    0.0000               0.4075
      2503214049   ESCONDIDO                                            92026    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     316,000.00                     316,000.00   First Lien                                      0           316,000.00                         0.00                      -          395,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.500             0.375       0.0325     0.000               0.4075
      2503214062   RESEDA                                               91335    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     399,000.00                     399,000.00   First Lien                                      0           399,000.00                         0.00                      -          570,000.00                    70.00               70.00   No MI                     NO MI                        0                                    5.990             0.375       0.0325     0.000               0.4075
      2503214086   CHESAPEAKE                                           23323    VA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     241,200.00                     241,200.00   First Lien                                      0           241,200.00                         0.00                      -          349,400.00                    69.04               69.04   No MI                     NO MI                        0                                    7.495             0.375       0.0325     0.000               0.4075
      2503214087   LAND O LAKES                                         34639    FL                             20070501                 20370401   ARMS                    Yes                                             360                    480                          360                     323,000.00                     323,000.00   First Lien                                      0           323,000.00                         0.00                 340000              345000                    95.00               95.00   PMI                       LPMI                        30                                  10.5500            0.3750       0.0325    2.1400               2.5475
      2503214090   MIAMI SHORES                                         33138    FL                             20070501                 20370401   ARMS                    Yes                                             360                    480                          360                     656,000.00                     656,000.00   First Lien                                      0           820,000.00                   164,000.00                 820000              820000                    80.00              100.00   No MI                     NO MI                        0                                   8.1620            0.3750       0.0325    0.0000               0.4075
      2503214091   PASADENA                                             91103    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     750,000.00                     750,000.00   First Lien                                      0           750,000.00                         0.00                      -          954,000.00                    78.62               78.62   No MI                     NO MI                        0                                    6.875             0.250       0.0325     0.000               0.2825
      2503214123   XXXXXXXX XXXXXXX XXXX                                00000    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     355,000.00                     355,000.00   First Lien                                      0           355,000.00                         0.00                      -          535,000.00                    66.36               66.36   No MI                     NO MI                        0                                    6.175             0.375       0.0325     0.000               0.4075
      2503214143   KAILUA-KONA                                          96740    HI                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     191,250.00                     191,250.00   First Lien                                      0           191,250.00                         0.00                      -          255,000.00                    75.00               75.00   No MI                     NO MI                        0                                    7.730             0.375       0.0325     0.000               0.4075
      2503214156   XXXXXXX XXXXX                                        00000    FL                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     299,200.00                     299,200.00   First Lien                                      0           299,200.00                         0.00                      -          352,000.00                    85.00               85.00   PMI                       LPMI                        22                                    7.125             0.375       0.0325     0.570               0.9775
      2503214165   LOS ANGELES                                          90037    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     517,425.00                     517,425.00   First Lien                                      0           689,900.00                   172,475.00                 689900              690000                    75.00              100.00   No MI                     NO MI                        0                                   6.7500            0.3750       0.0325    0.0000               0.4075
      2503214170   ROSCOE                                               61073    IL                             20070401                 20220401   FIXED                   Yes                                             180                    360                          179                      25,050.00                      25,044.01   Second Lien                                 78350           103,400.00                         0.00                 114900              114900                    90.00               90.00   No MI                     NO MI                        0                                  12.8000            0.5000       0.0325    0.0000               0.5325
      2503214173   CHICAGO                                              60624    IL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     312,200.00                     312,200.00   First Lien                                      0           312,200.00                         0.00                      -          347,000.00                    89.98               89.98   PMI                       LPMI                        25                                    9.500             0.375       0.0325     1.340               1.7475
      2503214232   SUMMERVILLE                                          29485    SC                             20070501                 20220401   FIXED                   No                                              180                    180                          180                     129,000.00                     129,000.00   First Lien                                      0           129,000.00                         0.00                      -          193,000.00                    66.84               66.84   No MI                     NO MI                        0                                    5.875             0.250       0.0325     0.000               0.2825
      2503214235   RICHMOND                                             23234    VA                             20070401                 20220401   FIXED                   Yes                                             180                    360                          179                      20,000.00                      19,996.14   Second Lien                                 70250            90,250.00                         0.00                  95000              120000                    95.00               95.00   No MI                     NO MI                        0                                  13.7400            0.5000       0.0325    0.0000               0.5325
      2503214245   SAMMAMISH                                            98074    WA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     500,000.00                     500,000.00   First Lien                                      0           500,000.00                         0.00                 626000              650000                    79.88               79.88   No MI                     NO MI                        0                                   5.8750            0.3750       0.0325    0.0000               0.4075
      2503214262   PASADENA                                             91104    CA                             20070501                 20370401   ARMS                    Yes                                             360                    480                          360                     592,000.00                     592,000.00   First Lien                                      0           592,000.00                         0.00                      -          740,000.00                    80.00               80.00   No MI                     NO MI                        0                                    8.413             0.375       0.0325     0.000               0.4075
      2503214301   XXXXXX XXXX XXXX                                     00000    MN                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     177,000.00                     177,000.00   First Lien                                      0           177,000.00                         0.00                      -          190,000.00                    93.16               93.16   PMI                       LPMI                        30                                    6.750             0.375       0.0325     0.940               1.3475
      2503214320   ELK GROVE                                            95624    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     213,750.00                     213,750.00   First Lien                                      0           253,797.00                    40,047.00                      -          285,000.00                    75.00               89.06   No MI                     NO MI                        0                                    6.375             0.375       0.0325     0.000               0.4075
      2503214331   LOS ANGELES                                          91605    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     450,000.00                     450,000.00   First Lien                                      0           450,000.00                         0.00                      -          600,000.00                    75.00               75.00   No MI                     NO MI                        0                                    6.875             0.375       0.0325     0.000               0.4075
      2503214336   GREENFIELD                                           93927    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     215,000.00                     215,000.00   First Lien                                      0           215,000.00                         0.00                      -          395,000.00                    54.44               54.44   No MI                     NO MI                        0                                    5.950             0.375       0.0325     0.000               0.4075
      2503214376   GRANTS PASS                                          97526    OR                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     143,100.00                     143,100.00   First Lien                                      0           143,100.00                         0.00                      -          159,000.00                    90.00               90.00   PMI                       LPMI                        25                                    7.875             0.375       0.0325     1.460               1.8675
      2503214377   XXXXXXX HEIGHTS                                      91748    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     618,400.00                     618,400.00   First Lien                                      0           618,400.00                         0.00                 773000              800000                    80.00               80.00   No MI                     NO MI                        0                                   6.0000            0.3750       0.0325    0.0000               0.4075
      2503214380   KILLINGWORTH                                         06419    CT                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     935,000.00                     935,000.00   First Lien                                      0           935,000.00                         0.00                      -        1,175,000.00                    79.58               79.58   No MI                     NO MI                        0                                    6.500             0.375       0.0325     0.000               0.4075
      0000000000   VISALIA                                              93291    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     119,920.00                     119,920.00   First Lien                                      0           119,920.00                         0.00                 149900              160000                    80.00               80.00   No MI                     NO MI                        0                                   6.7500            0.2500       0.0325    0.0000               0.2825
      2503214429   WEST POINT                                           84015    UT                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     172,500.00                     172,500.00   First Lien                                      0           172,500.00                         0.00                      -          230,000.00                    75.00               75.00   No MI                     NO MI                        0                                    6.750             0.250       0.0325     0.000               0.2825
      2503214433   LAS VEGAS                                            89122    NV                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     299,000.00                     299,000.00   First Lien                                      0           299,000.00                         0.00                      -          440,000.00                    67.96               67.96   No MI                     NO MI                        0                                    6.450             0.250       0.0325     0.000               0.2825
      2503214438   CARLSBAD                                             92009    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     352,000.00                     352,000.00   First Lien                                      0           439,600.00                    87,600.00                      -          440,000.00                    80.00               99.91   No MI                     NO MI                        0                                    6.895             0.375       0.0325     0.000               0.4075
      2503214441   TAMPA                                                33634    FL                             20070401                 20220401   FIXED                   Yes                                             180                    360                          179                      23,800.00                      23,795.14   Second Lien                                 89250           113,050.00                         0.00                 119000              155000                    95.00               95.00   No MI                     NO MI                        0                                  13.5000            0.5000       0.0325    0.0000               0.5325
      2503214465   EAST ROCKAWAY                                        11520    NY                             20070601                 20220501   FIXED                   No                                              180                    180                          180                     882,500.00                     882,500.00   First Lien                                      0           882,500.00                         0.00                      -        1,200,000.00                    73.55               73.55   No MI                     NO MI                        0                                    6.750             0.250       0.0325     0.000               0.2825
      2503214475   SACRAMENTO                                           95828    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     210,000.00                     210,000.00   First Lien                                      0           210,000.00                         0.00                      -          350,000.00                    60.00               60.00   No MI                     NO MI                        0                                    5.900             0.375       0.0325     0.000               0.4075
      2503214490   SAN BERNARDINO                                       92411    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     195,000.00                     195,000.00   First Lien                                      0           195,000.00                         0.00                      -          305,000.00                    63.94               63.94   No MI                     NO MI                        0                                    7.600             0.375       0.0325     0.000               0.4075
      2503214515   XXXXXX XXXX                                          00000    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     591,200.00                     591,200.00   First Lien                                      0           739,000.00                   147,800.00                 739000              744000                    80.00              100.00   No MI                     NO MI                        0                                   6.3750            0.3750       0.0325    0.0000               0.4075
      0000000000   LA PALMA                                             90623    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     460,000.00                     460,000.00   First Lien                                      0           575,000.00                   115,000.00                 575000              600000                    80.00              100.00   No MI                     NO MI                        0                                   6.1250            0.3750       0.0325    0.0000               0.4075
      2503214536   YUMA                                                 85364    AZ                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     104,500.00                     104,500.00   First Lien                                      0           104,500.00                         0.00                      -          190,000.00                    55.00               55.00   No MI                     NO MI                        0                                    6.375             0.250       0.0325     0.000               0.2825
      2503214541   HERCULES                                             94547    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     496,000.00                     496,000.00   First Lien                                      0           558,000.00                    62,000.00                 620000              620000                    80.00               90.00   No MI                     NO MI                        0                                   5.9900            0.3750       0.0325    0.0000               0.4075
      2503214542   SAN XXXX CAPISTRANO                                  92694    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     600,000.00                     600,000.00   First Lien                                      0           750,000.00                   150,000.00                      -          750,000.00                    80.00              100.00   No MI                     NO MI                        0                                    6.540             0.375       0.0325     0.000               0.4075
      2503214544   XXXX XXXXX                                           00000    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     152,250.00                     152,250.00   First Lien                                      0           152,250.00                         0.00                      -          203,000.00                    75.00               75.00   No MI                     NO MI                        0                                    6.750             0.375       0.0325     0.000               0.4075
      2503214547   HONOLULU                                             96813    HI                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     172,000.00                     172,000.00   First Lien                                      0           172,000.00                         0.00                      -          215,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.875             0.375       0.0325     0.000               0.4075
      2503214582   JAMAICA                                              11434    NY                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     344,000.00                     344,000.00   First Lien                                      0           365,500.00                    21,500.00                      -          430,000.00                    80.00               85.00   No MI                     NO MI                        0                                    6.300             0.375       0.0325     0.000               0.4075
      2503214655   STOCKTON                                             95207    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     350,000.00                     350,000.00   First Lien                                      0           370,000.00                    20,000.00                      -          440,000.00                    79.55               84.10   No MI                     NO MI                        0                                    6.615             0.375       0.0325     0.000               0.4075
      2503214677   XXXXXX XXXX XXXX                                     00000    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     285,000.00                     285,000.00   First Lien                                      0           430,000.00                   145,000.00                      -          430,000.00                    66.28              100.00   No MI                     NO MI                        0                                    5.950             0.375       0.0325     0.000               0.4075
      2503214682   BROOKLYN                                             11212    NY                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     230,000.00                     230,000.00   First Lien                                      0           230,000.00                         0.00                      -          375,000.00                    61.34               61.34   No MI                     NO MI                        0                                    6.945             0.375       0.0325     0.000               0.4075
      2503214745   HOLMDEL                                              07733    NJ                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     860,000.00                     860,000.00   First Lien                                      0           860,000.00                         0.00                      -        1,275,000.00                    67.46               67.46   No MI                     NO MI                        0                                    5.650             0.375       0.0325     0.000               0.4075
      2503214765   HIALEAH                                              33012    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     101,250.00                     101,250.00   First Lien                                      0           121,500.00                    20,250.00                 135000              135000                    75.00               90.00   No MI                     NO MI                        0                                   6.3920            0.3750       0.0325    0.0000               0.4075
      2503214784   ROCKLEDGE                                            32955    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     204,100.00                     204,100.00   First Lien                                      0           204,100.00                         0.00                      -          215,000.00                    94.94               94.94   PMI                       LPMI                        30                                    8.310             0.375       0.0325     0.730               1.1375
      0000000000   CHINO                                                91710    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     484,000.00                     484,000.00   First Lien                                      0           484,000.00                         0.00                      -          605,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.320             0.250       0.0325     0.000               0.2825
      2503214812   LOS ANGELES                                          90002    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     272,000.00                     272,000.00   First Lien                                      0           272,000.00                         0.00                      -          460,000.00                    59.14               59.14   No MI                     NO MI                        0                                    6.000             0.375       0.0325     0.000               0.4075
      2503214814   SAGINAW                                              48603    MI                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     129,700.00                     129,700.00   First Lien                                      0           169,996.00                    40,296.00                      -          170,000.00                    76.30              100.00   No MI                     NO MI                        0                                    6.925             0.250       0.0325     0.000               0.2825
      2503214833   LOS ANGELES (PLAYA DEL RE                            90293    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     350,000.00                     350,000.00   First Lien                                      0           371,800.00                    21,800.00                 437500              440000                    80.00               84.99   No MI                     NO MI                        0                                   6.9900            0.3750       0.0325    0.0000               0.4075
      2503214838   SOUTH OZONE PARK                                     11420    NY                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     360,000.00                     360,000.00   First Lien                                      0           450,000.00                    90,000.00                 450000              450000                    80.00              100.00   No MI                     NO MI                        0                                   6.6250            0.3750       0.0325    0.0000               0.4075
      0000000000   AUMSVILLE                                            97325    OR                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     120,000.00                     120,000.00   First Lien                                      0           120,000.00                         0.00                      -          150,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.500             0.375       0.0325     0.000               0.4075
      2503214853   XXXX XXXX                                            32746    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     351,500.00                     351,500.00   First Lien                                      0           351,500.00                         0.00                 370000              370000                    95.00               95.00   PMI                       LPMI                        30                                   8.6300            0.3750       0.0325    1.7600               2.1675
      2503214855   NORWALK                                              90650    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     344,000.00                     344,000.00   First Lien                                      0           430,000.00                    86,000.00                 430000              442000                    80.00              100.00   No MI                     NO MI                        0                                   6.1250            0.3750       0.0325    0.0000               0.4075
      0000000000   WALNUT CREEK                                         94595    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     732,750.00                     732,750.00   First Lien                                      0           879,250.00                   146,500.00                      -          977,000.00                    75.00               90.00   No MI                     NO MI                        0                                    6.500             0.250       0.0325     0.000               0.2825
      2503214870   CHICAGO                                              60645    IL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     270,000.00                     270,000.00   First Lien                                      0           270,000.00                         0.00                 300000              300000                    90.00               90.00   PMI                       LPMI                        25                                   9.8600            0.3750       0.0325    1.0700               1.4775
      2503214879   LONG BEACH                                           90807    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     446,000.00                     446,000.00   First Lien                                      0           557,500.00                   111,500.00                 557500              564000                    80.00              100.00   No MI                     NO MI                        0                                   6.1130            0.3750       0.0325    0.0000               0.4075
      0000000000   ROMEOVILLE                                           60446    IL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     110,950.00                     110,950.00   First Lien                                      0           150,550.00                    39,600.00                 158500              162000                    70.00               94.99   No MI                     NO MI                        0                                   6.1250            0.3750       0.0325    0.0000               0.4075
      2503214897   TRACY                                                95376    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     297,000.00                     297,000.00   First Lien                                      0           297,000.00                         0.00                      -          575,000.00                    51.66               51.66   No MI                     NO MI                        0                                    5.675             0.375       0.0325     0.000               0.4075
      2503214911   MANTECA                                              95337    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     144,914.00                     144,914.00   First Lien                                      0           169,915.00                    25,001.00                 199900              210000                    72.50               85.00   No MI                     NO MI                        0                                   5.8000            0.3750       0.0325    0.0000               0.4075
      2503214949   CHICAGO                                              60615    IL                             20070401                 20220401   FIXED                   Yes                                             180                    360                          179                     171,750.00                     171,706.04   Second Lien                                515150           686,900.00                         0.00                 686900              705000                   100.00              100.00   No MI                     NO MI                        0                                  12.5000            0.5000       0.0325    0.0000               0.5325
      2503214957   GAINESVILLE                                          20155    VA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     496,000.00                     496,000.00   First Lien                                      0           496,000.00                         0.00                      -          620,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.375             0.375       0.0325     0.000               0.4075
      0000000000   XXXXXXXXX                                            00000    XX                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     536,000.00                     536,000.00   First Lien                                      0           536,000.00                         0.00                 670000              670000                    80.00               80.00   No MI                     NO MI                        0                                   5.8750            0.3750       0.0325    0.0000               0.4075
      2503214990   DANBURY                                              06811    CT                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     437,600.00                     437,600.00   First Lien                                      0           437,600.00                         0.00                      -          547,000.00                    80.00               80.00   No MI                     NO MI                        0                                    7.290             0.375       0.0325     0.000               0.4075
      2503215006   LAS VEGAS                                            89109    NV                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     420,000.00                     420,000.00   First Lien                                      0           420,000.00                         0.00                      -          600,000.00                    70.00               70.00   No MI                     NO MI                        0                                    6.740             0.375       0.0325     0.000               0.4075
      2503215030   MIAMI                                                33143    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     240,000.00                     240,000.00   First Lien                                      0           240,000.00                         0.00                      -          370,000.00                    64.87               64.87   No MI                     NO MI                        0                                    6.275             0.375       0.0325     0.000               0.4075
      2503215038   XXXXXX XXXXX                                         00000    FL                             20070401                 20370401   ARMS                    Yes                                             360                    480                          359                     252,700.00                     252,659.92   First Lien                                      0           252,700.00                         0.00                 266000              270000                    95.00               95.00   PMI                       LPMI                        30                                   9.9900            0.3750       0.0325    2.1300               2.5375
      2503215068   MIAMI                                                33182    FL                             20070601                 20370501   FIXED                   No                                              360                    360                          360                     280,000.00                     280,000.00   First Lien                                      0           280,000.00                         0.00                      -          464,000.00                    60.35               60.35   No MI                     NO MI                        0                                    6.375             0.250       0.0325     0.000               0.2825
      2503215086   LOS ANGELES                                          90011    CA                             20070501                 20370401   ARMS                    Yes                                             360                    480                          360                     320,000.00                     320,000.00   First Lien                                      0           320,000.00                         0.00                      -          540,000.00                    59.26               59.26   No MI                     NO MI                        0                                    6.365             0.375       0.0325     0.000               0.4075
      2503215090   XXXXXX XXXXX                                         00000    IL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     688,000.00                     688,000.00   First Lien                                      0           860,000.00                   172,000.00                 860000              865000                    80.00              100.00   No MI                     NO MI                        0                                   6.2500            0.3750       0.0325    0.0000               0.4075
      0000000000   LOS ANGELES                                          90003    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     394,000.00                     394,000.00   First Lien                                      0           394,000.00                         0.00                      -          510,000.00                    77.26               77.26   No MI                     NO MI                        0                                    6.875             0.375       0.0325     0.000               0.4075
      2503215142   SAN DIEGO                                            92101    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     376,000.00                     376,000.00   First Lien                                      0           470,000.00                    94,000.00                 470000              510000                    80.00              100.00   No MI                     NO MI                        0                                   6.5000            0.3750       0.0325    0.0000               0.4075
      2503215171   FULLERTON                                            92832    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     396,000.00                     396,000.00   First Lien                                      0           396,000.00                         0.00                      -          675,000.00                    58.67               58.67   No MI                     NO MI                        0                                    5.990             0.375       0.0325     0.000               0.4075
      2503215177   SAN XXXX                                             95110    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     475,000.00                     475,000.00   First Lien                                      0           475,000.00                         0.00                      -          685,000.00                    69.35               69.35   No MI                     NO MI                        0                                    5.950             0.250       0.0325     0.000               0.2825
      2503215189   LANCASTER                                            93535    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     316,000.00                     316,000.00   First Lien                                      0           351,000.00                    35,000.00                      -          395,000.00                    80.00               88.87   No MI                     NO MI                        0                                    6.375             0.375       0.0325     0.000               0.4075
      2503215190   ROUND ROCK                                           78664    TX                             20070501                 20370401   ARMS                    No                                              360                    360                          360                      93,639.00                      93,639.00   First Lien                                      0            93,639.00                         0.00                 104044              113000                    90.00               90.00   PMI                       LPMI                        25                                   8.4300            0.3750       0.0325    0.7700               1.1775
      2503215197   PAAUHAU                                              96775    HI                             20070501                 20370401   FIXED                   Yes                                             360                    480                          360                     383,200.00                     383,200.00   First Lien                                      0           383,200.00                         0.00                      -          479,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.000             0.250       0.0325     0.000               0.2825
      2503215211   SAN CLEMENTE                                         92673    CA                             20070601                 20370501   FIXED                   No                                              360                    360                          360                     669,000.00                     669,000.00   First Lien                                      0           669,000.00                         0.00                      -        3,200,000.00                    20.91               20.91   No MI                     NO MI                        0                                    6.280             0.250       0.0325     0.000               0.2825
      2503215220   CHICAGO                                              60660    IL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     142,000.00                     142,000.00   First Lien                                      0           142,000.00                         0.00                      -          178,000.00                    79.78               79.78   No MI                     NO MI                        0                                    8.000             0.375       0.0325     0.000               0.4075
      2503215257   SAN BERNARDINO                                       92411    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     273,000.00                     273,000.00   First Lien                                      0           273,000.00                         0.00                      -          390,000.00                    70.00               70.00   No MI                     NO MI                        0                                    6.375             0.375       0.0325     0.000               0.4075
      0000000000   WEST CHICAGO                                         60185    IL                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     391,000.00                     391,000.00   First Lien                                      0           391,000.00                         0.00                      -          490,000.00                    79.80               79.80   No MI                     NO MI                        0                                    7.875             0.375       0.0325     0.000               0.4075
      2503215349   RANDALLSTOWN                                         21133    MD                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     640,000.00                     640,000.00   First Lien                                      0           640,000.00                         0.00                      -          800,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.500             0.375       0.0325     0.000               0.4075
      2503215367   MIAMI                                                33126    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     252,000.00                     252,000.00   First Lien                                      0           252,000.00                         0.00                 315000              330000                    80.00               80.00   No MI                     NO MI                        0                                   8.3750            0.3750       0.0325    0.0000               0.4075
      2503215376   XXX XXXXXXX (XXXXXX XXXX                             00000    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     420,000.00                     420,000.00   First Lien                                      0           420,000.00                         0.00                      -          675,000.00                    62.23               62.23   No MI                     NO MI                        0                                    6.100             0.375       0.0325     0.000               0.4075
      2503215379   BELLEVUE                                             98004    WA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                   1,890,000.00                   1,890,000.00   First Lien                                      0         1,890,000.00                         0.00                2700000             2700000                    70.00               70.00   No MI                     NO MI                        0                                   5.7500            0.3750       0.0325    0.0000               0.4075
      2503215389   MIAMI                                                33145    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     420,000.00                     420,000.00   First Lien                                      0           560,000.00                   140,000.00                 560000              560000                    75.00              100.00   No MI                     NO MI                        0                                   6.3170            0.3750       0.0325    0.0000               0.4075
      2503215407   PORTSMOUTH                                           23704    VA                             20070401                 20220401   FIXED                   Yes                                             180                    360                          179                      21,315.00                      21,309.69   Second Lien                                106575           127,890.00                         0.00                      -          142,100.00                    90.00               90.00   No MI                     NO MI                        0                                   12.625             0.500       0.0325     0.000               0.5325
      2503215423   LOS ANGELES (XXXXXXX XXXX                            00000    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     300,000.00                     300,000.00   First Lien                                      0           300,000.00                         0.00                      -          560,000.00                    53.58               53.58   No MI                     NO MI                        0                                    6.750             0.375       0.0325     0.000               0.4075
      2503215437   XXXXXX XXXXX                                         00000    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     466,000.00                     466,000.00   First Lien                                      0           466,000.00                         0.00                      -          845,000.00                    55.15               55.15   No MI                     NO MI                        0                                    5.875             0.375       0.0325     0.000               0.4075
      2503215458   HOLLISTER                                            95023    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     392,000.00                     392,000.00   First Lien                                      0           528,729.00                   136,729.00                      -          565,000.00                    69.39               93.59   No MI                     NO MI                        0                                    6.500             0.250       0.0325     0.000               0.2825
      2503215501   DEL MAR                                              92014    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                   1,225,000.00                   1,225,000.00   First Lien                                      0         1,225,000.00                         0.00                      -        1,775,000.00                    69.02               69.02   No MI                     NO MI                        0                                    6.750             0.375       0.0325     0.000               0.4075
      2503215524   AREA OF GRASS VALLEY                                 95949    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     281,900.00                     281,900.00   First Lien                                      0           281,900.00                         0.00                      -          470,000.00                    59.98               59.98   No MI                     NO MI                        0                                    6.500             0.375       0.0325     0.000               0.4075
      2503215531   SARASOTA                                             34232    FL                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     142,500.00                     142,500.00   First Lien                                      0           202,500.00                    60,000.00                      -          230,000.00                    61.96               88.05   No MI                     NO MI                        0                                    6.770             0.375       0.0325     0.000               0.4075
      2503215574   LAS VEGAS                                            89109    NV                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     388,500.00                     388,500.00   First Lien                                      0           388,500.00                         0.00                      -          555,000.00                    70.00               70.00   No MI                     NO MI                        0                                    6.740             0.375       0.0325     0.000               0.4075
      2503215575   SANTA XXX                                            92707    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     188,000.00                     188,000.00   First Lien                                      0           188,000.00                         0.00                      -          385,000.00                    48.84               48.84   No MI                     NO MI                        0                                    5.750             0.375       0.0325     0.000               0.4075
      0000000000   SANTA XXX                                            92706    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     325,000.00                     325,000.00   First Lien                                      0           325,000.00                         0.00                      -          500,000.00                    65.00               65.00   No MI                     NO MI                        0                                    6.540             0.375       0.0325     0.000               0.4075
      2503215579   XXXXXXX                                              93906    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     535,000.00                     535,000.00   First Lien                                      0           535,000.00                         0.00                      -          585,000.00                    91.46               91.46   PMI                       LPMI                        30                                    7.250             0.375       0.0325     1.010               1.4175
      2503215590   CORONA                                               92883    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     603,000.00                     603,000.00   First Lien                                      0           734,269.00                   131,269.00                      -          845,000.00                    71.37               86.90   No MI                     NO MI                        0                                    6.750             0.250       0.0325     0.000               0.2825
      2503215603   SANTA XXX                                            92705    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     625,000.00                     625,000.00   First Lien                                      0           625,000.00                         0.00                      -          905,000.00                    69.07               69.07   No MI                     NO MI                        0                                    6.625             0.250       0.0325     0.000               0.2825
      2503215605   SAN CLEMENTE                                         92672    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     750,000.00                     750,000.00   First Lien                                      0           750,000.00                         0.00                      -        1,100,000.00                    68.19               68.19   No MI                     NO MI                        0                                    6.600             0.375       0.0325     0.000               0.4075
      2503215609   XXXXXX XXXX                                          00000    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     680,000.00                     680,000.00   First Lien                                      0           807,500.00                   127,500.00                 850000              854000                    80.00               95.00   No MI                     NO MI                        0                                   5.9900            0.3750       0.0325    0.0000               0.4075
      0000000000   XXXXXXXX XXXX                                        00000    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     452,000.00                     452,000.00   First Lien                                      0           507,000.00                    55,000.00                      -          565,000.00                    80.00               89.74   No MI                     NO MI                        0                                    6.190             0.375       0.0325     0.000               0.4075
      2503215646   SAN DIEGO                                            92127    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     875,000.00                     875,000.00   First Lien                                      0           875,000.00                         0.00                1465000             1250000                    70.00               70.00   No MI                     NO MI                        0                                   6.2500            0.3750       0.0325    0.0000               0.4075
      2503215647   OCEANSIDE                                            92056    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     448,000.00                     448,000.00   First Lien                                      0           560,000.00                   112,000.00                      -          560,000.00                    80.00              100.00   No MI                     NO MI                        0                                    5.990             0.375       0.0325     0.000               0.4075
      2503215670   LOS ANGELES                                          90044    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     329,600.00                     329,600.00   First Lien                                      0           329,600.00                         0.00                      -          412,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.980             0.375       0.0325     0.000               0.4075
      2503215681   PEEKSKILL                                            10566    NY                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     463,600.00                     463,600.00   First Lien                                      0           463,600.00                         0.00                 488000              488000                    95.00               95.00   PMI                       LPMI                        30                                  10.9900            0.3750       0.0325    1.5500               1.9575
      2503215702   UPPER MARLBORO                                       20774    MD                             20070401                 20220401   FIXED                   Yes                                             180                    360                          179                      80,000.00                      79,983.67   Second Lien                                300000           380,000.00                         0.00                      -          400,000.00                    95.00               95.00   No MI                     NO MI                        0                                   13.500             0.500       0.0325     0.000               0.5325
      2503215704   LOS ANGELES                                          91605    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     517,000.00                     517,000.00   First Lien                                      0           517,000.00                         0.00                      -          665,000.00                    77.75               77.75   No MI                     NO MI                        0                                    6.500             0.375       0.0325     0.000               0.4075
      2503215717   JAMAICA                                              11435    NY                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     568,000.00                     568,000.00   First Lien                                      0           568,000.00                         0.00                 720000              710000                    80.00               80.00   No MI                     NO MI                        0                                   8.0000            0.3750       0.0325    0.0000               0.4075
      2503215728   MIRAMAR                                              33025    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     130,000.00                     130,000.00   First Lien                                      0           150,000.00                    20,000.00                      -          175,000.00                    74.29               85.72   No MI                     NO MI                        0                                    6.400             0.375       0.0325     0.000               0.4075
      2503215741   LA XXXXXX                                            91744    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     388,000.00                     388,000.00   First Lien                                      0           485,000.00                    97,000.00                      -          485,000.00                    80.00              100.00   No MI                     NO MI                        0                                    5.990             0.375       0.0325     0.000               0.4075
      2503215757   SUN VALLEY                                           91352    CA                             20070501                 20220401   FIXED                   No                                              180                    180                          180                     150,000.00                     150,000.00   First Lien                                      0           150,000.00                         0.00                      -          625,000.00                    24.00               24.00   No MI                     NO MI                        0                                    5.990             0.250       0.0325     0.000               0.2825
      0000000000   CORONA                                               92880    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     504,000.00                     504,000.00   First Lien                                      0           504,000.00                         0.00                      -          631,000.00                    79.88               79.88   No MI                     NO MI                        0                                    6.150             0.250       0.0325     0.000               0.2825
      2503215823   GRAND JUNCTION                                       81506    CO                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     196,250.00                     196,250.00   First Lien                                      0           196,250.00                         0.00                      -          248,000.00                    79.14               79.14   No MI                     NO MI                        0                                    6.750             0.250       0.0325     0.000               0.2825
      2503215860   BOCA RATON                                           33433    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     194,750.00                     194,750.00   First Lien                                      0           194,750.00                         0.00                 205000              210000                    95.00               95.00   PMI                       BPMI                        30                                   7.9200            0.3750       0.0325    0.0000               0.4075
      0000000000   NAPLES                                               34109    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     272,000.00                     272,000.00   First Lien                                      0           272,000.00                         0.00                      -          320,000.00                    85.00               85.00   PMI                       LPMI                        22                                    6.525             0.375       0.0325     0.790               1.1975
      2503215878   NEW HAVEN                                            06511    CT                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     216,000.00                     216,000.00   First Lien                                      0           216,000.00                         0.00                      -          288,000.00                    75.00               75.00   No MI                     NO MI                        0                                    9.990             0.375       0.0325     0.000               0.4075
      2503215932   HIALEAH                                              33016    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     176,250.00                     176,250.00   First Lien                                      0           235,000.00                    58,750.00                 235000              235000                    75.00              100.00   No MI                     NO MI                        0                                   6.3650            0.3750       0.0325    0.0000               0.4075
      2503215971   LAKELAND                                             33813    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     201,600.00                     201,600.00   First Lien                                      0           201,600.00                         0.00                      -          224,000.00                    90.00               90.00   PMI                       LPMI                        25                                   11.025             0.375       0.0325     0.770               1.1775
      0000000000   BREA                                                 92823    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     622,975.00                     622,975.00   First Lien                                      0           622,975.00                         0.00                      -          890,000.00                    70.00               70.00   No MI                     NO MI                        0                                    6.300             0.250       0.0325     0.000               0.2825
      2503215977   XXXXXX                                               84041    UT                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     151,125.00                     151,125.00   First Lien                                      0           151,125.00                         0.00                 201500              202000                    75.00               75.00   No MI                     NO MI                        0                                   6.2500            0.2500       0.0325    0.0000               0.2825
      0000000000   XXXXX XXXXXXXXXX                                     00000    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     205,000.00                     205,000.00   First Lien                                      0           205,000.00                         0.00                      -          260,000.00                    78.85               78.85   No MI                     NO MI                        0                                    6.000             0.375       0.0325     0.000               0.4075
      2503215996   SANTA XXX                                            92707    CA                             20070601                 20370401   FIXED                   Yes                                             360                    480                          360                     340,000.00                     340,000.00   First Lien                                      0           340,000.00                         0.00                      -          400,000.00                    85.00               85.00   PMI                       LPMI                        22                                    6.950             0.250       0.0325     0.890               1.1725
      2503215999   LOS ANGELES                                          90027    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     600,000.00                     600,000.00   First Lien                                      0           720,000.00                   120,000.00                 800000              820000                    75.00               90.00   No MI                     NO MI                        0                                   7.2500            0.3750       0.0325    0.0000               0.4075
      2503216015   SAN BERNARDINO                                       92410    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     356,000.00                     356,000.00   First Lien                                      0           356,000.00                         0.00                      -          445,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.375             0.250       0.0325     0.000               0.2825
      2503216016   NORWALK                                              90650    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     440,000.00                     440,000.00   First Lien                                      0           440,000.00                         0.00                      -          551,000.00                    79.86               79.86   No MI                     NO MI                        0                                    5.750             0.375       0.0325     0.000               0.4075
      2503216018   HIALEAH                                              33012    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     114,750.00                     114,750.00   First Lien                                      0           137,700.00                    22,950.00                      -          153,000.00                    75.00               90.00   No MI                     NO MI                        0                                    6.520             0.375       0.0325     0.000               0.4075
      2503216019   SACRAMENTO                                           95822    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     169,875.00                     169,875.00   First Lien                                      0           203,850.00                    33,975.00                 226500              250000                    75.00               90.00   No MI                     NO MI                        0                                   6.3750            0.3750       0.0325    0.0000               0.4075
      2503216076   LOS ANGELES                                          91345    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     322,000.00                     322,000.00   First Lien                                      0           322,000.00                         0.00                      -          529,000.00                    60.87               60.87   No MI                     NO MI                        0                                    5.875             0.250       0.0325     0.000               0.2825
      2503216088   ROCKLIN                                              95677    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     295,000.00                     295,000.00   First Lien                                      0           295,000.00                         0.00                      -          601,000.00                    49.09               49.09   No MI                     NO MI                        0                                    6.125             0.250       0.0325     0.000               0.2825
      2503216103   KEAAU                                                96749    HI                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     135,000.00                     135,000.00   First Lien                                      0           135,000.00                         0.00                      -          311,000.00                    43.41               43.41   No MI                     NO MI                        0                                    6.000             0.250       0.0325     0.000               0.2825
      2503216116   GLENDALE                                             85303    AZ                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     289,750.00                     289,750.00   First Lien                                      0           289,750.00                         0.00                      -          305,000.00                    95.00               95.00   PMI                       LPMI                        30                                    7.725             0.375       0.0325     0.770               1.1775
      2503216118   SOUTHFIELD                                           48075    MI                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     106,550.00                     106,550.00   First Lien                                      0           106,550.00                         0.00                 133205              140000                    79.99               79.99   No MI                     NO MI                        0                                   6.8750            0.3750       0.0325    0.0000               0.4075
      2503216127   BARSTOW                                              92311    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     218,500.00                     218,500.00   First Lien                                      0           218,500.00                         0.00                      -          230,000.00                    95.00               95.00   PMI                       LPMI                        30                                    7.990             0.375       0.0325     1.330               1.7375
      2503216135   SOUTHFIELD                                           48075    MI                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     106,550.00                     106,550.00   First Lien                                      0           106,550.00                         0.00                 133205              140000                    79.99               79.99   No MI                     NO MI                        0                                   6.8750            0.3750       0.0325    0.0000               0.4075
      2503216144   MURRIETA                                             92562    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     257,000.00                     257,000.00   First Lien                                      0           257,000.00                         0.00                      -          370,000.00                    69.46               69.46   No MI                     NO MI                        0                                    6.500             0.375       0.0325     0.000               0.4075
      2503216151   ELK GROVE                                            95757    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     465,500.00                     465,500.00   First Lien                                      0           465,500.00                         0.00                      -          490,000.00                    95.00               95.00   PMI                       LPMI                        30                                    9.700             0.375       0.0325     0.730               1.1375
      2503216153   CLOVIS                                               93611    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     145,000.00                     145,000.00   First Lien                                      0           145,000.00                         0.00                 295000              310000                    49.16               49.16   No MI                     NO MI                        0                                   5.8750            0.3750       0.0325    0.0000               0.4075
      2503216174   SALINAS                                              93905    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     330,000.00                     330,000.00   First Lien                                      0           330,000.00                         0.00                      -          475,000.00                    69.48               69.48   No MI                     NO MI                        0                                    6.500             0.250       0.0325     0.000               0.2825
      2503216186   MURRIETA                                             92563    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     432,000.00                     432,000.00   First Lien                                      0           540,000.00                   108,000.00                 540000              595000                    80.00              100.00   No MI                     NO MI                        0                                   6.2500            0.3750       0.0325    0.0000               0.4075
      2503216189   WATSONVILLE                                          95076    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     344,000.00                     344,000.00   First Lien                                      0           344,000.00                         0.00                      -          940,000.00                    36.60               36.60   No MI                     NO MI                        0                                    5.875             0.375       0.0325     0.000               0.4075
      2503216225   MARGATE                                              33068    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     159,600.00                     159,600.00   First Lien                                      0           193,375.00                    33,775.00                      -          228,000.00                    70.00               84.82   No MI                     NO MI                        0                                    6.990             0.375       0.0325     0.000               0.4075
      2503216230   VISALIA                                              93277    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     208,000.00                     208,000.00   First Lien                                      0           208,000.00                         0.00                      -          260,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.750             0.250       0.0325     0.000               0.2825
      2503216251   MANTECA                                              95336    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     243,750.00                     243,750.00   First Lien                                      0           292,500.00                    48,750.00                      -          325,000.00                    75.00               90.00   No MI                     NO MI                        0                                    5.900             0.375       0.0325     0.000               0.4075
      2503216276   FEDERAL WAY                                          98003    WA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     206,250.00                     206,250.00   First Lien                                      0           261,250.00                    55,000.00                 275000              275000                    75.00               95.00   No MI                     NO MI                        0                                   6.2500            0.3750       0.0325    0.0000               0.4075
      0000000000   RIVERVIEW                                            33569    FL                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     242,000.00                     242,000.00   First Lien                                      0           242,000.00                         0.00                      -          285,000.00                    84.92               84.92   PMI                       LPMI                        22                                    6.550             0.250       0.0325     0.390               0.6725
      0000000000   YPSILANTI                                            48197    MI                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     131,000.00                     131,000.00   First Lien                                      0           131,000.00                         0.00                      -          218,000.00                    60.10               60.10   No MI                     NO MI                        0                                    6.050             0.375       0.0325     0.000               0.4075
      2503216313   CAPTAIN XXXX                                         96704    HI                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     740,000.00                     740,000.00   First Lien                                      0           832,500.00                    92,500.00                 925000              925000                    80.00               90.00   No MI                     NO MI                        0                                   6.8750            0.3750       0.0325    0.0000               0.4075
      2503216353   LOS ANGELES                                          90036    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     750,000.00                     750,000.00   First Lien                                      0           750,000.00                         0.00                      -        1,700,000.00                    44.12               44.12   No MI                     NO MI                        0                                    5.990             0.375       0.0325     0.000               0.4075
      2503216367   ALHAMBRA                                             91801    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     476,000.00                     476,000.00   First Lien                                      0           501,000.00                    25,000.00                 595000              610000                    80.00               84.21   No MI                     NO MI                        0                                   5.6300            0.3750       0.0325    0.0000               0.4075
      2503216388   PACOIMA                                              91331    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     335,000.00                     335,000.00   First Lien                                      0           335,000.00                         0.00                      -          505,000.00                    66.34               66.34   No MI                     NO MI                        0                                    6.200             0.375       0.0325     0.000               0.4075
      2503216397   WAIPAHU                                              96797    HI                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     552,000.00                     552,000.00   First Lien                                      0           690,000.00                   138,000.00                      -          690,000.00                    80.00              100.00   No MI                     NO MI                        0                                    6.125             0.375       0.0325     0.000               0.4075
      2503216413   WAIPAHU                                              96797    HI                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     440,000.00                     440,000.00   First Lien                                      0           495,000.00                    55,000.00                 550000              550000                    80.00               90.00   No MI                     NO MI                        0                                   7.1250            0.3750       0.0325    0.0000               0.4075
      2503216419   LAS VEGAS                                            89101    NV                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     186,000.00                     186,000.00   First Lien                                      0           186,000.00                         0.00                      -          248,000.00                    75.00               75.00   No MI                     NO MI                        0                                    6.425             0.375       0.0325     0.000               0.4075
      2503216452   FREDERICKSBURG                                       22405    VA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     220,000.00                     220,000.00   First Lien                                      0           220,000.00                         0.00                      -          295,000.00                    74.58               74.58   No MI                     NO MI                        0                                    6.875             0.375       0.0325     0.000               0.4075
      2503216476   SKOKIE                                               60076    IL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     150,000.00                     150,000.00   First Lien                                      0           150,000.00                         0.00                      -          252,000.00                    59.53               59.53   No MI                     NO MI                        0                                    6.990             0.375       0.0325     0.000               0.4075
      2503216506   STOCKTON                                             95212    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     257,000.00                     257,000.00   First Lien                                      0           257,000.00                         0.00                      -          395,000.00                    65.07               65.07   No MI                     NO MI                        0                                    5.815             0.375       0.0325     0.000               0.4075
      2503216508   PORT HUENEME                                         93041    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     230,000.00                     230,000.00   First Lien                                      0           230,000.00                         0.00                      -          302,000.00                    76.16               76.16   No MI                     NO MI                        0                                    6.500             0.375       0.0325     0.000               0.4075
      2503216540   LA XXXXXX                                            91744    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     242,000.00                     242,000.00   First Lien                                      0           242,000.00                         0.00                      -          420,000.00                    57.62               57.62   No MI                     NO MI                        0                                    6.280             0.250       0.0325     0.000               0.2825
      0000000000   OAK HILLS                                            92344    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     590,250.00                     590,250.00   First Lien                                      0           708,300.00                   118,050.00                      -          787,000.00                    75.00               90.00   No MI                     NO MI                        0                                    7.330             0.375       0.0325     0.000               0.4075
      2503216567   SIMI VALLEY                                          93065    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     278,000.00                     278,000.00   First Lien                                      0           278,000.00                         0.00                      -          503,000.00                    55.27               55.27   No MI                     NO MI                        0                                    6.100             0.375       0.0325     0.000               0.4075
      2503216569   LAKEWOOD                                             80232    CO                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     206,200.00                     206,200.00   First Lien                                      0           206,200.00                         0.00                      -          275,000.00                    74.99               74.99   No MI                     NO MI                        0                                    7.500             0.375       0.0325     0.000               0.4075
      2503216571   HOMESTEAD                                            33032    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     210,000.00                     210,000.00   First Lien                                      0           280,000.00                    70,000.00                 280000              280000                    75.00              100.00   No MI                     NO MI                        0                                   6.5250            0.3750       0.0325    0.0000               0.4075
      2503216623   PORTLAND                                             97217    OR                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     301,750.00                     301,750.00   First Lien                                      0           301,750.00                         0.00                      -          355,000.00                    85.00               85.00   PMI                       LPMI                        22                                    5.875             0.375       0.0325     0.440               0.8475
      2503216625   SANTA XXXX                                           95409    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     600,000.00                     600,000.00   First Lien                                      0           600,000.00                         0.00                      -        1,000,000.00                    60.00               60.00   No MI                     NO MI                        0                                    5.875             0.375       0.0325     0.000               0.4075
      2503216651   GIG HARBOR                                           98335    WA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     481,950.00                     481,950.00   First Lien                                      0           481,950.00                         0.00                      -          567,000.00                    85.00               85.00   PMI                       LPMI                        22                                    6.575             0.375       0.0325     0.700               1.1075
      2503216655   WATSONVILLE                                          95076    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     703,000.00                     703,000.00   First Lien                                      0           703,000.00                         0.00                      -          950,000.00                    74.00               74.00   No MI                     NO MI                        0                                    5.750             0.375       0.0325     0.000               0.4075
      2503216705   SAN XXXX                                             95121    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     375,000.00                     375,000.00   First Lien                                      0           375,000.00                         0.00                      -          705,000.00                    53.20               53.20   No MI                     NO MI                        0                                    5.800             0.375       0.0325     0.000               0.4075
      2503216721   XXXXXX VALLEY                                        92553    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     358,500.00                     358,500.00   First Lien                                      0           358,500.00                         0.00                      -          385,000.00                    93.12               93.12   PMI                       LPMI                        30                                    6.475             0.375       0.0325     0.780               1.1875
      2503216724   DORAL                                                33178    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     286,900.00                     286,900.00   First Lien                                      0           286,900.00                         0.00                      -          390,000.00                    73.57               73.57   No MI                     NO MI                        0                                    6.375             0.375       0.0325     0.000               0.4075
      0000000000   MIAMI                                                33182    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     258,500.00                     258,500.00   First Lien                                      0           258,500.00                         0.00                      -          445,000.00                    58.09               58.09   No MI                     NO MI                        0                                    6.875             0.375       0.0325     0.000               0.4075
      2503216746   DENVER                                               80205    CO                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     185,250.00                     185,250.00   First Lien                                      0           185,250.00                         0.00                      -          195,000.00                    95.00               95.00   PMI                       LPMI                        30                                    7.575             0.375       0.0325     0.880               1.2875
      2503216748   LAS VEGAS                                            89107    NV                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     174,400.00                     174,400.00   First Lien                                      0           174,400.00                         0.00                      -          218,000.00                    80.00               80.00   No MI                     NO MI                        0                                    7.030             0.375       0.0325     0.000               0.4075
      2503216756   SAN XXXX                                             95148    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     475,000.00                     475,000.00   First Lien                                      0           475,000.00                         0.00                      -          625,000.00                    76.00               76.00   No MI                     NO MI                        0                                    6.525             0.375       0.0325     0.000               0.4075
      2503216764   COSTA MESA                                           92627    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     885,000.00                     885,000.00   First Lien                                      0           885,000.00                         0.00                      -        1,180,000.00                    75.00               75.00   No MI                     NO MI                        0                                    6.250             0.375       0.0325     0.000               0.4075
      2503216796   KAILUA-KONA                                          96740    HI                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     486,000.00                     486,000.00   First Lien                                      0           486,000.00                         0.00                      -          540,000.00                    90.00               90.00   PMI                       LPMI                        25                                    7.990             0.375       0.0325     0.970               1.3775
      2503216804   HOLLYWOOD                                            33021    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     143,900.00                     143,900.00   First Lien                                      0           143,900.00                         0.00                 179900              180000                    79.99               79.99   No MI                     NO MI                        0                                   6.7500            0.3750       0.0325    0.0000               0.4075
      2503216819   MARYSVILLE                                           95901    CA                             20070501                 20220401   FIXED                   No                                              180                    180                          180                     213,300.00                     213,300.00   First Lien                                      0           213,300.00                         0.00                      -          237,000.00                    90.00               90.00   PMI                       LPMI                        25                                    7.450             0.250       0.0325     0.670               0.9525
      2503216842   NEW HOPE                                             18938    PA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     392,000.00                     392,000.00   First Lien                                      0           392,000.00                         0.00                      -          560,000.00                    70.00               70.00   No MI                     NO MI                        0                                    6.750             0.375       0.0325     0.000               0.4075
      0000000000   LA QUINTA                                            92253    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     481,500.00                     481,500.00   First Lien                                      0           481,500.00                         0.00                      -          535,000.00                    90.00               90.00   PMI                       LPMI                        25                                    6.750             0.375       0.0325     0.790               1.1975
      2503216885   BOTHELL                                              98021    WA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     459,200.00                     459,200.00   First Lien                                      0           459,200.00                         0.00                 574000              585000                    80.00               80.00   No MI                     NO MI                        0                                   5.7500            0.3750       0.0325    0.0000               0.4075
      2503216910   TURLOCK                                              95382    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     227,250.00                     227,250.00   First Lien                                      0           227,250.00                         0.00                      -          303,000.00                    75.00               75.00   No MI                     NO MI                        0                                    6.250             0.375       0.0325     0.000               0.4075
      2503216919   CITRUS HEIGHTS                                       95621    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     247,500.00                     247,500.00   First Lien                                      0           280,500.00                    33,000.00                      -          330,000.00                    75.00               85.00   No MI                     NO MI                        0                                    5.900             0.375       0.0325     0.000               0.4075
      0000000000   AREA OF GRANADA HILLS                                91344    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     165,000.00                     165,000.00   First Lien                                      0           165,000.00                         0.00                      -          461,000.00                    35.80               35.80   No MI                     NO MI                        0                                    6.750             0.250       0.0325     0.000               0.2825
      2503216944   SANTA XXX                                            92707    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     520,000.00                     520,000.00   First Lien                                      0           650,000.00                   130,000.00                      -          650,000.00                    80.00              100.00   No MI                     NO MI                        0                                    6.400             0.375       0.0325     0.000               0.4075
      2503216973   PALMDALE                                             93550    CA                             20070601                 20370501   FIXED                   No                                              360                    360                          360                     188,000.00                     188,000.00   First Lien                                      0           188,000.00                         0.00                      -          350,000.00                    53.72               53.72   No MI                     NO MI                        0                                    6.500             0.250       0.0325     0.000               0.2825
      2503217085   SACRAMENTO                                           95822    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     196,000.00                     196,000.00   First Lien                                      0           196,000.00                         0.00                      -          280,000.00                    70.00               70.00   No MI                     NO MI                        0                                    6.625             0.250       0.0325     0.000               0.2825
      2503217112   GARDEN GROVE                                         92841    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     500,000.00                     500,000.00   First Lien                                      0           500,000.00                         0.00                      -          700,000.00                    71.43               71.43   No MI                     NO MI                        0                                    5.600             0.375       0.0325     0.000               0.4075
      2503217164   CHANHASSEN                                           55317    MN                             20070601                 20370501   FIXED                   No                                              360                    360                          360                     140,000.00                     140,000.00   First Lien                                      0           173,580.00                    33,580.00                      -          175,000.00                    80.00               99.19   No MI                     NO MI                        0                                    7.200             0.250       0.0325     0.000               0.2825
      2503217221   PACIFIC GROVE                                        93950    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     851,250.00                     851,250.00   First Lien                                      0         1,021,500.00                   170,250.00                      -        1,135,000.00                    75.00               90.00   No MI                     NO MI                        0                                    7.990             0.375       0.0325     0.000               0.4075
      2503217257   CASTROVILLE                                          95012    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     441,000.00                     441,000.00   First Lien                                      0           441,000.00                         0.00                      -          630,000.00                    70.00               70.00   No MI                     NO MI                        0                                    5.950             0.375       0.0325     0.000               0.4075
      2503217263   FRESNO                                               93727    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     227,500.00                     227,500.00   First Lien                                      0           227,500.00                         0.00                 242500              245000                    93.82               93.82   PMI                       LPMI                        30                                   6.6300            0.2500       0.0325    0.5400               0.8225
      2503217266   MIAMI                                                33165    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     240,000.00                     240,000.00   First Lien                                      0           320,000.00                    80,000.00                 320000              320000                    75.00              100.00   No MI                     NO MI                        0                                   6.4900            0.3750       0.0325    0.0000               0.4075
      2503217295   LOS ANGELES                                          90063    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     304,000.00                     304,000.00   First Lien                                      0           380,000.00                    76,000.00                 380000              380000                    80.00              100.00   No MI                     NO MI                        0                                   6.5500            0.3750       0.0325    0.0000               0.4075
      2503217306   XXXXXXXX XXXXX                                       00000    FL                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     970,000.00                     970,000.00   First Lien                                      0           970,000.00                         0.00                      -        1,975,000.00                    49.12               49.12   No MI                     NO MI                        0                                    6.125             0.250       0.0325     0.000               0.2825
      0000000000   EWA BEACH                                            96706    HI                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     336,000.00                     336,000.00   First Lien                                      0           420,000.00                    84,000.00                 420000              420000                    80.00              100.00   No MI                     NO MI                        0                                   6.3000            0.3750       0.0325    0.0000               0.4075
      2503217326   BROOKLYN                                             11208    NY                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     499,500.00                     499,500.00   First Lien                                      0           499,500.00                         0.00                      -          555,000.00                    90.00               90.00   PMI                       LPMI                        25                                    8.250             0.375       0.0325     1.340               1.7475
      2503217347   ANAHEIM                                              92805    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     250,000.00                     250,000.00   First Lien                                      0           250,000.00                         0.00                      -          565,000.00                    44.25               44.25   No MI                     NO MI                        0                                    5.875             0.375       0.0325     0.000               0.4075
      2503217349   SCRANTON                                             18505    PA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     111,900.00                     111,900.00   First Lien                                      0           111,900.00                         0.00                 139900              145000                    79.99               79.99   No MI                     NO MI                        0                                   8.3750            0.3750       0.0325    0.0000               0.4075
      2503217358   BOCA RATON                                           33431    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     417,000.00                     417,000.00   First Lien                                      0           417,000.00                         0.00                      -          950,000.00                    43.90               43.90   No MI                     NO MI                        0                                    6.000             0.375       0.0325     0.000               0.4075
      2503217360   CHICAGO                                              60611    IL                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     133,000.00                     133,000.00   First Lien                                      0           133,000.00                         0.00                      -          190,000.00                    70.00               70.00   No MI                     NO MI                        0                                    7.250             0.375       0.0325     0.000               0.4075
      2503217361   ORLANDO                                              32811    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     161,900.00                     161,900.00   First Lien                                      0           161,900.00                         0.00                 179900              194000                    90.00               90.00   PMI                       LPMI                        25                                  10.9200            0.3750       0.0325    1.5400               1.9475
      2503217404   STAMFORD                                             06903    CT                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     627,500.00                     627,500.00   First Lien                                      0           627,500.00                         0.00                      -          815,000.00                    77.00               77.00   No MI                     NO MI                        0                                    5.990             0.375       0.0325     0.000               0.4075
      2503217415   LAS VEGAS                                            89101    NV                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     176,000.00                     176,000.00   First Lien                                      0           220,000.00                    44,000.00                 220000              223000                    80.00              100.00   No MI                     NO MI                        0                                   6.6750            0.3750       0.0325    0.0000               0.4075
      2503217431   XXXXXXX XXXX                                         00000    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     241,500.00                     241,500.00   First Lien                                      0           345,000.00                   103,500.00                 345000              350000                    70.00              100.00   No MI                     NO MI                        0                                   6.5000            0.3750       0.0325    0.0000               0.4075
      2503217443   CHICO                                                95973    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     373,500.00                     373,500.00   First Lien                                      0           415,000.00                    41,500.00                 415000              420000                    90.00              100.00   PMI                       LPMI                        25                                   6.7500            0.3750       0.0325    0.7200               1.1275
      2503217470   LAS VEGAS                                            89102    NV                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     218,400.00                     218,400.00   First Lien                                      0           218,400.00                         0.00                      -          273,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.450             0.375       0.0325     0.000               0.4075
      2503217487   JACKSONVILLE                                         32209    FL                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     159,100.00                     159,100.00   First Lien                                      0           179,100.00                    20,000.00                 199000              220000                    79.95               90.00   No MI                     NO MI                        0                                   8.7500            0.3750       0.0325    0.0000               0.4075
      2503217506   BEND                                                 97707    OR                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     210,000.00                     210,000.00   First Lien                                      0           253,000.00                    43,000.00                      -          300,000.00                    70.00               84.34   No MI                     NO MI                        0                                    6.375             0.375       0.0325     0.000               0.4075
      2503217515   RANCHO CUCAMONGA                                     91739    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     632,000.00                     632,000.00   First Lien                                      0           790,000.00                   158,000.00                 790000              790000                    80.00              100.00   No MI                     NO MI                        0                                   5.6250            0.3750       0.0325    0.0000               0.4075
      2503217527   ANTIOCH                                              94531    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     592,000.00                     592,000.00   First Lien                                      0           740,000.00                   148,000.00                 740000              740000                    80.00              100.00   No MI                     NO MI                        0                                   6.6950            0.3750       0.0325    0.0000               0.4075
      2503217556   XXXXXX                                               00000    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     120,400.00                     120,400.00   First Lien                                      0           120,400.00                         0.00                      -          177,000.00                    68.03               68.03   No MI                     NO MI                        0                                    6.875             0.250       0.0325     0.000               0.2825
      0000000000   XXXXXXX XXXX                                         00000    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     277,500.00                     277,500.00   First Lien                                      0           351,500.00                    74,000.00                 370000              370000                    75.00               95.00   No MI                     NO MI                        0                                   6.3630            0.3750       0.0325    0.0000               0.4075
      2503217562   LOS ANGELES                                          90059    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     312,000.00                     312,000.00   First Lien                                      0           312,000.00                         0.00                      -          500,000.00                    62.40               62.40   No MI                     NO MI                        0                                    5.750             0.375       0.0325     0.000               0.4075
      2503217578   LOS BANOS                                            93635    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     412,000.00                     412,000.00   First Lien                                      0           463,500.00                    51,500.00                      -          515,000.00                    80.00               90.00   No MI                     NO MI                        0                                    5.850             0.375       0.0325     0.000               0.4075
      2503217583   LA HABRA                                             90631    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     494,000.00                     494,000.00   First Lien                                      0           494,000.00                         0.00                      -          755,000.00                    65.44               65.44   No MI                     NO MI                        0                                    5.560             0.375       0.0325     0.000               0.4075
      2503217585   LOS ANGELES                                          90007    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     750,000.00                     750,000.00   First Lien                                      0           990,000.00                   240,000.00                      -        1,100,000.00                    68.19               90.00   No MI                     NO MI                        0                                    6.680             0.375       0.0325     0.000               0.4075
      2503217587   LOS ANGELES                                          90047    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     422,100.00                     422,100.00   First Lien                                      0           422,100.00                         0.00                 469000              469000                    90.00               90.00   PMI                       LPMI                        25                                   6.9900            0.3750       0.0325    0.5700               0.9775
      0000000000   TAMARAC                                              33321    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     193,500.00                     193,500.00   First Lien                                      0           193,500.00                         0.00                      -          215,000.00                    90.00               90.00   PMI                       LPMI                        25                                   11.990             0.375       0.0325     1.640               2.0475
      2503217628   SAINT ALBANS                                         11412    NY                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     448,000.00                     448,000.00   First Lien                                      0           448,000.00                         0.00                 560000              565000                    80.00               80.00   No MI                     NO MI                        0                                   7.3300            0.3750       0.0325    0.0000               0.4075
      2503217638   ORLANDO                                              32811    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     116,150.00                     116,150.00   First Lien                                      0           139,350.00                    23,200.00                 154900              156500                    74.99               89.97   No MI                     NO MI                        0                                   7.1350            0.3750       0.0325    0.0000               0.4075
      2503217655   HOLLYWOOD                                            33021    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     346,750.00                     346,750.00   First Lien                                      0           346,750.00                         0.00                      -          365,000.00                    95.00               95.00   PMI                       LPMI                        30                                    9.430             0.375       0.0325     0.880               1.2875
      2503217663   XXXXXX VALLEY                                        92555    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     410,000.00                     410,000.00   First Lien                                      0           410,000.00                         0.00                      -          460,000.00                    89.14               89.14   PMI                       LPMI                        25                                    7.440             0.375       0.0325     0.670               1.0775
      2503217692   MIAMI                                                33196    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     285,000.00                     285,000.00   First Lien                                      0           380,000.00                    95,000.00                 380000              380000                    75.00              100.00   No MI                     NO MI                        0                                   6.5250            0.3750       0.0325    0.0000               0.4075
      2503217702   CORONA                                               92882    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     275,000.00                     275,000.00   First Lien                                      0           275,000.00                         0.00                      -          468,000.00                    58.77               58.77   No MI                     NO MI                        0                                    5.625             0.375       0.0325     0.000               0.4075
      2503217724   MIAMI                                                33175    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     731,250.00                     731,250.00   First Lien                                      0           975,000.00                   243,750.00                 975000              975000                    75.00              100.00   No MI                     NO MI                        0                                   6.2400            0.3750       0.0325    0.0000               0.4075
      2503217748   ORLANDO                                              32811    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     194,900.00                     194,900.00   First Lien                                      0           233,850.00                    38,950.00                 259900              259900                    75.00               89.98   No MI                     NO MI                        0                                   7.0300            0.3750       0.0325    0.0000               0.4075
      2503217755   ELMHURST                                             11373    NY                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     315,000.00                     315,000.00   First Lien                                      0           315,000.00                         0.00                      -          550,000.00                    57.28               57.28   No MI                     NO MI                        0                                    6.850             0.375       0.0325     0.000               0.4075
      2503217775   XXXXXXX                                              39047    MS                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     135,750.00                     135,750.00   First Lien                                      0           171,950.00                    36,200.00                 181000              181000                    75.00               95.00   No MI                     NO MI                        0                                   6.6250            0.3750       0.0325    0.0000               0.4075
      2503217802   WEST HOLLYWOOD                                       90069    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     680,000.00                     680,000.00   First Lien                                      0           830,000.00                   150,000.00                      -          850,000.00                    80.00               97.65   No MI                     NO MI                        0                                    7.125             0.375       0.0325     0.000               0.4075
      2503217817   GILBERT                                              85296    AZ                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     448,000.00                     448,000.00   First Lien                                      0           560,000.00                   112,000.00                      -          560,000.00                    80.00              100.00   No MI                     NO MI                        0                                    6.875             0.375       0.0325     0.000               0.4075
      2503217839   CHICAGO                                              60714    IL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     333,000.00                     333,000.00   First Lien                                      0           333,000.00                         0.00                      -          420,000.00                    79.29               79.29   No MI                     NO MI                        0                                    7.599             0.375       0.0325     0.000               0.4075
      2503217853   LA PALMA                                             90623    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     521,250.00                     521,250.00   First Lien                                      0           695,000.00                   173,750.00                 695000              705000                    75.00              100.00   No MI                     NO MI                        0                                   6.5250            0.3750       0.0325    0.0000               0.4075
      2503217881   XXXXXXX XXXXX                                        00000    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     200,000.00                     200,000.00   First Lien                                      0           225,000.00                    25,000.00                      -          250,000.00                    80.00               90.00   No MI                     NO MI                        0                                    6.600             0.375       0.0325     0.000               0.4075
      2503217894   ANTIOCH                                              94531    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     343,300.00                     343,300.00   First Lien                                      0           429,125.00                    85,825.00                 429125              460000                    80.00              100.00   No MI                     NO MI                        0                                   6.4500            0.3750       0.0325    0.0000               0.4075
      2503217955   SAN XXXX                                             95122    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     313,600.00                     313,600.00   First Lien                                      0           372,400.00                    58,800.00                      -          392,000.00                    80.00               95.00   No MI                     NO MI                        0                                    6.800             0.375       0.0325     0.000               0.4075
      2503217979   BRENTWOOD                                            11717    NY                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     373,100.00                     373,100.00   First Lien                                      0           466,380.00                    93,280.00                 466400              467000                    80.00              100.00   No MI                     NO MI                        0                                   6.7500            0.3750       0.0325    0.0000               0.4075
      2503218041   XXXXXXX                                              93906    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     483,960.00                     483,960.00   First Lien                                      0           604,950.00                   120,990.00                 604950              610000                    80.00              100.00   No MI                     NO MI                        0                                   5.7500            0.3750       0.0325    0.0000               0.4075
      2503218099   CHICAGO                                              60611    IL                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     151,500.00                     151,500.00   First Lien                                      0           151,500.00                         0.00                      -          220,000.00                    68.87               68.87   No MI                     NO MI                        0                                    7.250             0.375       0.0325     0.000               0.4075
      0000000000   SANTA XXXXX                                          93455    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     474,000.00                     474,000.00   First Lien                                      0           474,000.00                         0.00                      -          550,000.00                    86.19               86.19   PMI                       LPMI                        25                                    6.750             0.250       0.0325     0.610               0.8925
      2503218107   LOS ANGELES                                          90063    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     378,000.00                     378,000.00   First Lien                                      0           513,000.00                   135,000.00                 540000              540000                    70.00               95.00   No MI                     NO MI                        0                                   6.1250            0.3750       0.0325    0.0000               0.4075
      2503218154   XXXXXXXXX XXXXX                                      00000    FL                             20070601                 20370501   FIXED                   No                                              360                    360                          360                     125,000.00                     125,000.00   First Lien                                      0           125,000.00                         0.00                      -          250,000.00                    50.00               50.00   No MI                     NO MI                        0                                    6.950             0.250       0.0325     0.000               0.2825
      2503218214   HOMESTEAD                                            33033    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     279,000.00                     279,000.00   First Lien                                      0           279,000.00                         0.00                 310000              310000                    90.00               90.00   PMI                       LPMI                        25                                   8.7900            0.3750       0.0325    1.1400               1.5475
      2503218232   BURBANK                                              91501    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     520,000.00                     520,000.00   First Lien                                      0           650,000.00                   130,000.00                 650000              660000                    80.00              100.00   No MI                     NO MI                        0                                   7.5000            0.3750       0.0325    0.0000               0.4075
      2503218287   TURLOCK                                              95382    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     281,000.00                     281,000.00   First Lien                                      0           281,000.00                         0.00                      -          375,000.00                    74.94               74.94   No MI                     NO MI                        0                                    6.238             0.375       0.0325     0.000               0.4075
      2503218313   LOS ANGELES                                          90068    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     715,000.00                     715,000.00   First Lien                                      0           915,000.00                   200,000.00                      -        1,145,000.00                    62.45               79.92   No MI                     NO MI                        0                                    6.500             0.250       0.0325     0.000               0.2825
      0000000000   LAS VEGAS                                            89123    NV                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     144,000.00                     144,000.00   First Lien                                      0           144,000.00                         0.00                 180000              185000                    80.00               80.00   No MI                     NO MI                        0                                   6.8750            0.3750       0.0325    0.0000               0.4075
      2503218361   LOS ANGELES                                          90002    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     280,000.00                     280,000.00   First Lien                                      0           280,000.00                         0.00                      -          350,000.00                    80.00               80.00   No MI                     NO MI                        0                                    7.375             0.375       0.0325     0.000               0.4075
      2503218363   SPRINGFIELD                                          22153    VA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     307,500.00                     307,500.00   First Lien                                      0           307,500.00                         0.00                      -          410,000.00                    75.00               75.00   No MI                     NO MI                        0                                    6.250             0.375       0.0325     0.000               0.4075
      2503218378   BELLEVUE                                             98006    WA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     500,000.00                     500,000.00   First Lien                                      0           500,000.00                         0.00                      -          850,000.00                    58.83               58.83   No MI                     NO MI                        0                                    5.550             0.375       0.0325     0.000               0.4075
      2503218381   XXXX                                                 93268    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     186,000.00                     186,000.00   First Lien                                      0           186,000.00                         0.00                      -          235,000.00                    79.15               79.15   No MI                     NO MI                        0                                    8.088             0.375       0.0325     0.000               0.4075
      2503218384   BEAR                                                 19701    DE                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     252,000.00                     252,000.00   First Lien                                      0           252,000.00                         0.00                      -          315,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.620             0.375       0.0325     0.000               0.4075
      2503218401   LAS VEGAS                                            89101    NV                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     214,400.00                     214,400.00   First Lien                                      0           214,400.00                         0.00                      -          268,000.00                    80.00               80.00   No MI                     NO MI                        0                                    7.381             0.250       0.0325     0.000               0.2825
      2503218406   GARDENA                                              90247    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     516,000.00                     516,000.00   First Lien                                      0           516,000.00                         0.00                      -          650,000.00                    79.39               79.39   No MI                     NO MI                        0                                    6.800             0.250       0.0325     0.000               0.2825
      2503218427   BRONX                                                10466    NY                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     342,000.00                     342,000.00   First Lien                                      0           342,000.00                         0.00                 360000              360000                    95.00               95.00   PMI                       BPMI                        30                                   8.5000            0.3750       0.0325    0.0000               0.4075
      2503218453   LANCASTER                                            93535    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     283,500.00                     283,500.00   First Lien                                      0           283,500.00                         0.00                      -          315,000.00                    90.00               90.00   PMI                       LPMI                        25                                    8.700             0.375       0.0325     1.140               1.5475
      0000000000   XXXXXXX                                              00000    XX                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     307,000.00                     307,000.00   First Lien                                      0           307,000.00                         0.00                      -          410,000.00                    74.88               74.88   No MI                     NO MI                        0                                    6.733             0.375       0.0325     0.000               0.4075
      2503218479   XXXXXXXXXX                                           00000    XX                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     413,250.00                     413,250.00   First Lien                                      0           413,250.00                         0.00                 435000              435000                    95.00               95.00   PMI                       LPMI                        30                                   8.9800            0.3750       0.0325    1.6600               0.0000
      0000000000   (XXXXXXX XXXX) LOS ANGELE                            91042    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     585,000.00                     585,000.00   First Lien                                      0           585,000.00                         0.00                      -        1,100,000.00                    53.19               53.19   No MI                     NO MI                        0                                    6.500             0.375       0.0325     0.000               0.4075
      0000000000   VALRICO                                              33594    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     189,000.00                     189,000.00   First Lien                                      0           189,000.00                         0.00                 210000              210000                    90.00               90.00   PMI                       LPMI                        25                                   9.8400            0.3750       0.0325    0.7700               1.1775
      2503218525   INGLEWOOD                                            90303    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     496,000.00                     496,000.00   First Lien                                      0           496,000.00                         0.00                      -          620,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.250             0.375       0.0325     0.000               0.4075
      2503218562   TALLAHASSEE                                          32304    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                      99,250.00                      99,250.00   First Lien                                      0           119,250.00                    20,000.00                 132500              137500                    74.91               90.00   No MI                     NO MI                        0                                   6.4750            0.3750       0.0325    0.0000               0.4075
      2503218567   WATSONVILLE                                          95076    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     544,000.00                     544,000.00   First Lien                                      0           544,000.00                         0.00                      -          680,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.250             0.375       0.0325     0.000               0.4075
      2503218569   MIAMI                                                33145    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     405,500.00                     405,500.00   First Lien                                      0           405,500.00                         0.00                      -          525,000.00                    77.24               77.24   No MI                     NO MI                        0                                    7.000             0.375       0.0325     0.000               0.4075
      2503218589   MIRA LOMA                                            91752    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     480,000.00                     480,000.00   First Lien                                      0           540,000.00                    60,000.00                      -          605,000.00                    79.34               89.26   No MI                     NO MI                        0                                    5.750             0.375       0.0325     0.000               0.4075
      2503218603   LOS ANGELES                                          90003    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     460,000.00                     460,000.00   First Lien                                      0           460,000.00                         0.00                      -          575,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.500             0.250       0.0325     0.000               0.2825
      2503218619   JUPITER                                              33458    FL                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     123,200.00                     123,200.00   First Lien                                      0           123,200.00                         0.00                      -          154,000.00                    80.00               80.00   No MI                     NO MI                        0                                    7.000             0.250       0.0325     0.000               0.2825
      2503218632   XXXXXXX XXXX                                         00000    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     689,000.00                     689,000.00   First Lien                                      0           786,000.00                    97,000.00                      -        1,063,000.00                    64.82               73.95   No MI                     NO MI                        0                                    5.750             0.375       0.0325     0.000               0.4075
      2503218639   SAN XXXXXXXX                                         91340    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     477,500.00                     477,500.00   First Lien                                      0           477,500.00                         0.00                      -          650,000.00                    73.47               73.47   No MI                     NO MI                        0                                    5.990             0.375       0.0325     0.000               0.4075
      2503218640   SAN XXXX                                             95123    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     253,500.00                     253,500.00   First Lien                                      0           253,500.00                         0.00                      -          372,000.00                    68.15               68.15   No MI                     NO MI                        0                                    5.650             0.375       0.0325     0.000               0.4075
      2503218647   TORRINGTON                                           06790    CT                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     178,500.00                     178,500.00   First Lien                                      0           178,500.00                         0.00                      -          230,000.00                    77.61               77.61   No MI                     NO MI                        0                                    6.250             0.375       0.0325     0.000               0.4075
      2503218653   BIG BEAR CITY                                        92314    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     310,500.00                     310,500.00   First Lien                                      0           310,500.00                         0.00                      -          345,000.00                    90.00               90.00   PMI                       LPMI                        25                                   11.720             0.375       0.0325     1.440               1.8475
      2503218665   WANTAGE                                              07461    NJ                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     270,900.00                     270,900.00   First Lien                                      0           270,900.00                         0.00                      -          301,000.00                    90.00               90.00   PMI                       LPMI                        25                                    8.700             0.375       0.0325     1.710               2.1175
      2503218742   LAKE WALES                                           33859    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     417,000.00                     417,000.00   First Lien                                      0           417,000.00                         0.00                      -          630,000.00                    66.20               66.20   No MI                     NO MI                        0                                    6.444             0.375       0.0325     0.000               0.4075
      2503218759   XXXXXXXXXXX XXXX                                     00000    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     202,500.00                     202,500.00   First Lien                                      0           202,500.00                         0.00                      -          270,000.00                    75.00               75.00   No MI                     NO MI                        0                                    6.875             0.375       0.0325     0.000               0.4075
      2503218765   BEAUMONT                                             92223    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     270,000.00                     270,000.00   First Lien                                      0           270,000.00                         0.00                      -          360,000.00                    75.00               75.00   No MI                     NO MI                        0                                    7.250             0.375       0.0325     0.000               0.4075
      2503218771   STOCKTON                                             95206    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     460,000.00                     460,000.00   First Lien                                      0           575,000.00                   115,000.00                 575000              575000                    80.00              100.00   No MI                     NO MI                        0                                   7.6350            0.3750       0.0325    0.0000               0.4075
      2503218776   CAMERON PARK                                         95682    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     305,000.00                     305,000.00   First Lien                                      0           305,000.00                         0.00                      -          385,000.00                    79.23               79.23   No MI                     NO MI                        0                                    7.000             0.250       0.0325     0.000               0.2825
      2503218814   TULARE                                               93274    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     144,000.00                     144,000.00   First Lien                                      0           144,000.00                         0.00                      -          180,000.00                    80.00               80.00   No MI                     NO MI                        0                                    7.500             0.375       0.0325     0.000               0.4075
      2503218824   LONG BEACH                                           90802    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     200,000.00                     200,000.00   First Lien                                      0           200,000.00                         0.00                 515000              515000                    38.84               38.84   No MI                     NO MI                        0                                   6.1400            0.2500       0.0325    0.0000               0.2825
      2503218837   XXXXXX XXXXXXX                                       00000    NY                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     150,000.00                     150,000.00   First Lien                                      0           150,000.00                         0.00                 505000              525000                    29.71               29.71   No MI                     NO MI                        0                                   6.9900            0.2500       0.0325    0.0000               0.2825
      2503218889   XXXXXX XXXXX XXXXXXXXX                               00000    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     516,000.00                     516,000.00   First Lien                                      0           618,591.00                   102,591.00                      -          645,000.00                    80.00               95.91   No MI                     NO MI                        0                                    5.500             0.375       0.0325     0.000               0.4075
      2503218898   MILPITAS                                             95035    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     295,000.00                     295,000.00   First Lien                                      0           295,000.00                         0.00                      -          640,000.00                    46.10               46.10   No MI                     NO MI                        0                                    5.825             0.375       0.0325     0.000               0.4075
      0000000000   SACRAMENTO                                           95823    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     256,000.00                     256,000.00   First Lien                                      0           306,000.00                    50,000.00                      -          325,000.00                    78.77               94.16   No MI                     NO MI                        0                                    6.875             0.375       0.0325     0.000               0.4075
      2503218923   BROOKLYN                                             11236    NY                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     457,920.00                     457,920.00   First Lien                                      0           572,400.00                   114,480.00                 572400              585000                    80.00              100.00   No MI                     NO MI                        0                                   7.0400            0.3750       0.0325    0.0000               0.4075
      2503218940   TAMPA                                                33634    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     160,000.00                     160,000.00   First Lien                                      0           160,000.00                         0.00                      -          200,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.875             0.375       0.0325     0.000               0.4075
      2503218963   EWA BEACH                                            96706    HI                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     291,000.00                     291,000.00   First Lien                                      0           291,000.00                         0.00                      -          418,000.00                    69.62               69.62   No MI                     NO MI                        0                                    6.125             0.375       0.0325     0.000               0.4075
      2503218969   RIVERSIDE                                            92503    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     500,000.00                     500,000.00   First Lien                                      0           500,000.00                         0.00                      -          725,000.00                    68.97               68.97   No MI                     NO MI                        0                                    6.450             0.375       0.0325     0.000               0.4075
      2503218970   AZUSA                                                91702    CA                             20070501                 20370401   ARMS                    Yes                                             360                    480                          360                     456,000.00                     456,000.00   First Lien                                      0           456,000.00                         0.00                      -          480,000.00                    95.00               95.00   PMI                       LPMI                        30                                    6.999             0.375       0.0325     0.890               1.2975
      2503218980   BIG BEAR CITY AREA                                   92314    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     156,100.00                     156,100.00   First Lien                                      0           156,100.00                         0.00                      -          223,000.00                    70.00               70.00   No MI                     NO MI                        0                                    5.995             0.375       0.0325     0.000               0.4075
      2503219012   HANFORD                                              93230    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     192,000.00                     192,000.00   First Lien                                      0           192,000.00                         0.00                      -          240,000.00                    80.00               80.00   No MI                     NO MI                        0                                    7.500             0.375       0.0325     0.000               0.4075
      2503219017   HANFORD                                              93230    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     192,000.00                     192,000.00   First Lien                                      0           192,000.00                         0.00                      -          240,000.00                    80.00               80.00   No MI                     NO MI                        0                                    7.000             0.375       0.0325     0.000               0.4075
      2503219020   MESA                                                 85210    AZ                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     164,000.00                     164,000.00   First Lien                                      0           164,000.00                         0.00                      -          205,000.00                    80.00               80.00   No MI                     NO MI                        0                                    7.750             0.375       0.0325     0.000               0.4075
      2503219037   XXXXXXX                                              00000    XX                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     451,000.00                     451,000.00   First Lien                                      0           451,000.00                         0.00                      -        1,000,000.00                    45.10               45.10   No MI                     NO MI                        0                                    5.500             0.375       0.0325     0.000               0.4075
      2503219081   JACKSONVILLE                                         32225    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     172,800.00                     172,800.00   First Lien                                      0           172,800.00                         0.00                 216000              216000                    80.00               80.00   No MI                     NO MI                        0                                   5.9900            0.3750       0.0325    0.0000               0.4075
      2503219085   POMONA                                               91767    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     442,500.00                     442,500.00   First Lien                                      0           530,500.00                    88,000.00                      -          590,000.00                    75.00               89.92   No MI                     NO MI                        0                                    6.750             0.375       0.0325     0.000               0.4075
      0000000000   XXXX XXXXXXXXXX                                      00000    FL                             20070601                 20370501   FIXED                   No                                              360                    360                          360                     170,000.00                     170,000.00   First Lien                                      0           170,000.00                         0.00                      -          355,000.00                    47.89               47.89   No MI                     NO MI                        0                                    7.375             0.250       0.0325     0.000               0.2825
      2503219116   CEDAR PINES PARK                                     92322    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                      94,500.00                      94,500.00   First Lien                                      0            94,500.00                         0.00                 105000              155000                    90.00               90.00   PMI                       LPMI                        25                                  10.6250            0.3750       0.0325    1.0400               1.4475
      2503219122   LOS ANGELES                                          90039    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     600,000.00                     600,000.00   First Lien                                      0           720,000.00                   120,000.00                      -          800,000.00                    75.00               90.00   No MI                     NO MI                        0                                    7.750             0.375       0.0325     0.000               0.4075
      0000000000   FULLERTON                                            92832    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     454,000.00                     454,000.00   First Lien                                      0           454,000.00                         0.00                      -          660,000.00                    68.79               68.79   No MI                     NO MI                        0                                    6.200             0.375       0.0325     0.000               0.4075
      2503219128   XXXXXX VALLEY                                        92553    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     205,000.00                     205,000.00   First Lien                                      0           205,000.00                         0.00                      -          400,000.00                    51.25               51.25   No MI                     NO MI                        0                                    6.750             0.375       0.0325     0.000               0.4075
      2503219135   RIVERSIDE                                            92504    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     214,400.00                     214,400.00   First Lien                                      0           214,400.00                         0.00                      -          390,000.00                    54.98               54.98   No MI                     NO MI                        0                                    6.625             0.250       0.0325     0.000               0.2825
      2503219163   NEW XXXXX                                            00000    IL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     205,200.00                     205,200.00   First Lien                                      0           205,200.00                         0.00                 216000              235000                    95.00               95.00   PMI                       BPMI                        30                                   8.5000            0.3750       0.0325    0.0000               0.4075
      0000000000   XXXX XXX                                             00000    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                      70,000.00                      70,000.00   First Lien                                      0            70,000.00                         0.00                      -          228,000.00                    30.71               30.71   No MI                     NO MI                        0                                    6.750             0.375       0.0325     0.000               0.4075
      2503219270   ORLANDO                                              32839    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     135,900.00                     135,900.00   First Lien                                      0           135,900.00                         0.00                 169900              174300                    79.99               79.99   No MI                     NO MI                        0                                   8.3500            0.3750       0.0325    0.0000               0.4075
      2503219272   XXXXXXX XXXX                                         00000    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     495,000.00                     495,000.00   First Lien                                      0           495,000.00                         0.00                      -          550,000.00                    90.00               90.00   PMI                       LPMI                        25                                    8.250             0.375       0.0325     0.870               1.2775
      2503219294   BANNING                                              92220    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     185,500.00                     185,500.00   First Lien                                      0           185,500.00                         0.00                      -          265,000.00                    70.00               70.00   No MI                     NO MI                        0                                    6.350             0.375       0.0325     0.000               0.4075
      2503219297   OXNARD                                               93035    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     562,500.00                     562,500.00   First Lien                                      0           562,500.00                         0.00                      -          750,000.00                    75.00               75.00   No MI                     NO MI                        0                                    6.750             0.375       0.0325     0.000               0.4075
      0000000000   LA MIRADA                                            90638    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     364,000.00                     364,000.00   First Lien                                      0           364,000.00                         0.00                      -          575,000.00                    63.31               63.31   No MI                     NO MI                        0                                    6.000             0.375       0.0325     0.000               0.4075
      2503219311   AREA OF UPLAND                                       91784    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     424,800.00                     424,800.00   First Lien                                      0           467,280.00                    42,480.00                      -          531,000.00                    80.00               88.00   No MI                     NO MI                        0                                    6.375             0.375       0.0325     0.000               0.4075
      2503219312   NORTH LAS VEGAS                                      89031    NV                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     130,000.00                     130,000.00   First Lien                                      0           130,000.00                         0.00                      -          256,000.00                    50.79               50.79   No MI                     NO MI                        0                                    6.513             0.375       0.0325     0.000               0.4075
      2503219341   KAILUA KONA                                          96740    HI                             20070501                 20370401   FIXED                   Yes                                             360                    480                          360                     517,650.00                     517,650.00   First Lien                                      0           517,650.00                         0.00                      -          609,000.00                    85.00               85.00   PMI                       LPMI                        22                                    6.875             0.250       0.0325     0.780               1.0625
      0000000000   WAIPAHU                                              96797    HI                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     455,000.00                     455,000.00   First Lien                                      0           455,000.00                         0.00                      -          775,000.00                    58.71               58.71   No MI                     NO MI                        0                                    6.500             0.250       0.0325     0.000               0.2825
      0000000000   BROOKLYN                                             11228    NY                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     533,000.00                     533,000.00   First Lien                                      0           533,000.00                         0.00                      -          765,000.00                    69.68               69.68   No MI                     NO MI                        0                                    7.250             0.375       0.0325     0.000               0.4075
      2503219375   ORLANDO                                              32811    FL                             20070501                 20370401   ARMS                    Yes                                             360                    480                          360                     193,850.00                     193,850.00   First Lien                                      0           232,600.00                    38,750.00                 258500              258500                    75.00               89.99   No MI                     NO MI                        0                                   7.2000            0.3750       0.0325    0.0000               0.4075
      2503219397   NAVARRE                                              32566    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     110,250.00                     110,250.00   First Lien                                      0           110,250.00                         0.00                      -          147,000.00                    75.00               75.00   No MI                     NO MI                        0                                    8.150             0.375       0.0325     0.000               0.4075
      2503219400   FREEDOM                                              95019    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     420,000.00                     420,000.00   First Lien                                      0           420,000.00                         0.00                      -          675,000.00                    62.23               62.23   No MI                     NO MI                        0                                    5.990             0.375       0.0325     0.000               0.4075
      2503219451   SANTA CLARITA                                        91354    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     600,000.00                     600,000.00   First Lien                                      0           720,000.00                   120,000.00                 800000              865000                    75.00               90.00   No MI                     NO MI                        0                                   6.7500            0.3750       0.0325    0.0000               0.4075
      2503219464   PEPEEKEO                                             96783    HI                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     219,200.00                     219,200.00   First Lien                                      0           219,200.00                         0.00                      -          274,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.250             0.250       0.0325     0.000               0.2825
      2503219468   SANFORD                                              32771    FL                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     260,250.00                     260,250.00   First Lien                                      0           312,300.00                    52,050.00                      -          347,000.00                    75.00               90.00   No MI                     NO MI                        0                                    7.430             0.250       0.0325     0.000               0.2825
      2503219475   BLOOMFIELD                                           07003    NJ                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     300,250.00                     300,250.00   First Lien                                      0           300,250.00                         0.00                      -          320,000.00                    93.83               93.83   PMI                       LPMI                        30                                    9.963             0.375       0.0325     2.000               2.4075
      2503219477   DETROIT                                              48206    MI                             20070601                 20370501   ARMS                    No                                              360                    360                          360                      90,000.00                      90,000.00   First Lien                                      0            90,000.00                         0.00                      -          120,000.00                    75.00               75.00   No MI                     NO MI                        0                                    9.990             0.375       0.0325     0.000               0.4075
      2503219509   XXXX                                                 55051    MN                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     130,000.00                     130,000.00   First Lien                                      0           130,000.00                         0.00                      -          153,000.00                    84.97               84.97   PMI                       LPMI                        22                                    7.500             0.375       0.0325     0.540               0.9475
      2503219522   FAIFIELD                                             06825    CT                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     476,000.00                     476,000.00   First Lien                                      0           476,000.00                         0.00                      -          560,000.00                    85.00               85.00   PMI                       LPMI                        22                                    7.990             0.375       0.0325     0.740               1.1475
      2503219530   ORANGE PARK                                          32073    FL                             20070501                 20370401   ARMS                    Yes                                             360                    480                          360                     104,800.00                     104,800.00   First Lien                                      0           104,800.00                         0.00                      -          131,000.00                    80.00               80.00   No MI                     NO MI                        0                                    8.950             0.375       0.0325     0.000               0.4075
      2503219538   ORLANDO                                              32811    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     158,650.00                     158,650.00   First Lien                                      0           158,650.00                         0.00                 167000              167000                    95.00               95.00   PMI                       LPMI                        30                                   9.7200            0.3750       0.0325    1.3600               1.7675
      2503219541   LAS VEGAS                                            89147    NV                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     511,000.00                     511,000.00   First Lien                                      0           511,000.00                         0.00                      -          730,000.00                    70.00               70.00   No MI                     NO MI                        0                                    6.990             0.375       0.0325     0.000               0.4075
      2503219548   XXXXXX XXXX XXXX                                     00000    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     885,000.00                     885,000.00   First Lien                                      0           885,000.00                         0.00                1180000             1180000                    75.00               75.00   No MI                     NO MI                        0                                   6.2500            0.3750       0.0325    0.0000               0.4075
      2503219551   LOS ANGELES                                          90068    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     370,000.00                     370,000.00   First Lien                                      0           370,000.00                         0.00                      -        1,079,381.00                    34.28               34.28   No MI                     NO MI                        0                                    6.375             0.375       0.0325     0.000               0.4075
      0000000000   LOS ANGELES                                          90068    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     438,000.00                     438,000.00   First Lien                                      0           438,000.00                         0.00                      -        1,070,000.00                    40.94               40.94   No MI                     NO MI                        0                                    6.250             0.375       0.0325     0.000               0.4075
      0000000000   BROOKFIELD                                           06804    CT                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     432,250.00                     432,250.00   First Lien                                      0           432,250.00                         0.00                      -          455,000.00                    95.00               95.00   PMI                       LPMI                        30                                    7.800             0.375       0.0325     1.100               1.5075
      2503219602   CORONA                                               92883    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     400,000.00                     400,000.00   First Lien                                      0           400,000.00                         0.00                      -          475,000.00                    84.22               84.22   PMI                       LPMI                        22                                    7.900             0.375       0.0325     1.030               1.4375
      2503219607   XXXX XX XXXXX                                        00000    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     269,100.00                     269,100.00   First Lien                                      0           269,100.00                         0.00                 299000              300000                    90.00               90.00   PMI                       LPMI                        25                                   8.7500            0.3750       0.0325    0.8200               1.2275
      2503219614   LONG BEACH                                           90806    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     573,750.00                     573,750.00   First Lien                                      0           573,750.00                         0.00                      -          765,000.00                    75.00               75.00   No MI                     NO MI                        0                                    7.250             0.375       0.0325     0.000               0.4075
      2503219617   SAN MARCOS                                           92069    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     260,000.00                     260,000.00   First Lien                                      0           260,000.00                         0.00                 390000              395000                    66.67               66.67   No MI                     NO MI                        0                                   5.8880            0.3750       0.0325    0.0000               0.4075
      2503219619   GENEVA                                               60134    IL                             20070601                 20370501   FIXED                   No                                              360                    360                          360                     305,800.00                     305,800.00   First Lien                                      0           305,800.00                         0.00                      -          410,000.00                    74.59               74.59   No MI                     NO MI                        0                                    6.875             0.250       0.0325     0.000               0.2825
      2503219626   SACRAMENTO                                           95842    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     319,000.00                     319,000.00   First Lien                                      0           319,000.00                         0.00                      -          345,000.00                    92.47               92.47   PMI                       LPMI                        30                                    6.650             0.375       0.0325     0.580               0.9875
      2503219644   RANCHO XXXXXXX                                       95670    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     240,350.00                     240,350.00   First Lien                                      0           240,350.00                         0.00                      -          253,000.00                    95.00               95.00   PMI                       LPMI                        30                                    7.500             0.375       0.0325     0.580               0.9875
      2503219658   SAN PABLO                                            94806    CA                             20070601                 20370401   FIXED                   Yes                                             360                    480                          360                     327,000.00                     327,000.00   First Lien                                      0           327,000.00                         0.00                      -          555,000.00                    58.92               58.92   No MI                     NO MI                        0                                    5.500             0.250       0.0325     0.000               0.2825
      2503219707   EWA BEACH                                            96706    HI                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     510,000.00                     510,000.00   First Lien                                      0           510,000.00                         0.00                      -          600,000.00                    85.00               85.00   PMI                       LPMI                        22                                    9.025             0.375       0.0325     0.880               1.2875
      0000000000   BRADENTON                                            34203    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     185,300.00                     185,300.00   First Lien                                      0           185,300.00                         0.00                      -          218,000.00                    85.00               85.00   PMI                       LPMI                        22                                    7.125             0.375       0.0325     0.930               1.3375
      2503219715   MILFORD                                              06461    CT                             20070601                 20370401   ARMS                    Yes                                             360                    480                          360                     500,000.00                     500,000.00   First Lien                                      0           500,000.00                         0.00                 560000              500000                   100.00              100.00   PMI                       LPMI                        35                                   8.3500            0.3750       0.0325    1.2900               1.6975
      2503219719   MIAMI                                                33142    FL                             20070501                 20370401   FIXED                   No                                              360                    360                          360                      90,000.00                      90,000.00   First Lien                                      0            90,000.00                         0.00                      -          190,000.00                    47.37               47.37   No MI                     NO MI                        0                                    6.160             0.250       0.0325     0.000               0.2825
      2503219720   KULA                                                 96790    HI                             20070601                 20370501   FIXED                   No                                              360                    360                          360                     523,000.00                     523,000.00   First Lien                                      0           523,000.00                         0.00                      -        1,230,000.00                    42.53               42.53   No MI                     NO MI                        0                                    6.125             0.250       0.0325     0.000               0.2825
      2503219756   XXXXX XXXXXXXXXX                                     00000    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     600,000.00                     600,000.00   First Lien                                      0           600,000.00                         0.00                      -        1,100,000.00                    54.55               54.55   No MI                     NO MI                        0                                    6.125             0.375       0.0325     0.000               0.4075
      2503219770   SALINAS                                              93906    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     530,000.00                     530,000.00   First Lien                                      0           530,000.00                         0.00                      -          730,000.00                    72.61               72.61   No MI                     NO MI                        0                                    6.250             0.375       0.0325     0.000               0.4075
      2503219771   CLOVIS                                               93612    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     120,800.00                     120,800.00   First Lien                                      0           120,800.00                         0.00                      -          240,000.00                    50.34               50.34   No MI                     NO MI                        0                                    6.975             0.375       0.0325     0.000               0.4075
      2503219785   MENDOTA                                              93640    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     108,000.00                     108,000.00   First Lien                                      0           108,000.00                         0.00                      -          225,000.00                    48.00               48.00   No MI                     NO MI                        0                                    6.375             0.375       0.0325     0.000               0.4075
      2503219788   SINGER ISLAND                                        33404    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     352,500.00                     352,500.00   First Lien                                      0           352,500.00                         0.00                 470000              470000                    75.00               75.00   No MI                     NO MI                        0                                   6.5000            0.3750       0.0325    0.0000               0.4075
      2503219789   SINGER ISLAND                                        33404    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     483,750.00                     483,750.00   First Lien                                      0           483,750.00                         0.00                 645000              650000                    75.00               75.00   No MI                     NO MI                        0                                   6.8500            0.3750       0.0325    0.0000               0.4075
      2503219790   LAS VEGAS                                            89123    NV                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     288,000.00                     288,000.00   First Lien                                      0           360,000.00                    72,000.00                      -          360,000.00                    80.00              100.00   No MI                     NO MI                        0                                    7.715             0.375       0.0325     0.000               0.4075
      2503219798   XXXXXXXX XXXX (XXXXXXXX X                            00000    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     720,000.00                     720,000.00   First Lien                                      0           810,000.00                    90,000.00                 900000              930000                    80.00               90.00   No MI                     NO MI                        0                                   6.3750            0.3750       0.0325    0.0000               0.4075
      2503219806   GLENDORA                                             91741    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     470,000.00                     470,000.00   First Lien                                      0           470,000.00                         0.00                      -          785,000.00                    59.88               59.88   No MI                     NO MI                        0                                    6.000             0.250       0.0325     0.000               0.2825
      2503219811   ANAHEIM                                              92804    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     548,000.00                     548,000.00   First Lien                                      0           548,000.00                         0.00                      -          685,000.00                    80.00               80.00   No MI                     NO MI                        0                                    5.890             0.375       0.0325     0.000               0.4075
      2503219814   STOCKTON                                             95206    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     288,000.00                     288,000.00   First Lien                                      0           288,000.00                         0.00                      -          360,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.850             0.375       0.0325     0.000               0.4075
      2503219824   XXXX XXX                                             00000    FL                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     150,200.00                     150,200.00   First Lien                                      0           180,200.00                    30,000.00                 200300              207000                    74.99               89.97   No MI                     NO MI                        0                                   7.3750            0.3750       0.0325    0.0000               0.4075
      2503219825   CENTRAL POINT                                        97502    OR                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     373,500.00                     373,500.00   First Lien                                      0           415,000.00                    41,500.00                 415000              415000                    90.00              100.00   PMI                       LPMI                        25                                   8.5990            0.3750       0.0325    0.8900               1.2975
      2503219843   XXXXXXX XXXX                                         00000    FL                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     185,000.00                     185,000.00   First Lien                                      0           185,000.00                         0.00                      -          265,000.00                    69.82               69.82   No MI                     NO MI                        0                                    6.325             0.375       0.0325     0.000               0.4075
      2503219845   KAILUA-KONA                                          96740    HI                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     390,000.00                     390,000.00   First Lien                                      0           390,000.00                         0.00                      -          525,000.00                    74.29               74.29   No MI                     NO MI                        0                                    5.750             0.375       0.0325     0.000               0.4075
      2503219848   SAN DIEGO                                            92104    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     700,000.00                     700,000.00   First Lien                                      0           700,000.00                         0.00                      -          940,000.00                    74.47               74.47   No MI                     NO MI                        0                                    6.990             0.375       0.0325     0.000               0.4075
      2503219850   KEAAU                                                96749    HI                             20070501                 20370401   FIXED                   Yes                                             360                    480                          360                     207,200.00                     207,200.00   First Lien                                      0           207,200.00                         0.00                      -          259,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.750             0.250       0.0325     0.000               0.2825
      0000000000   XXXX XXXX XXXXX                                      00000    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     251,250.00                     251,250.00   First Lien                                      0           318,250.00                    67,000.00                 335000              360000                    75.00               95.00   No MI                     NO MI                        0                                   6.5000            0.3750       0.0325    0.0000               0.4075
      2503219857   LA QUINTA                                            92253    CA                             20070601                 20370501   FIXED                   No                                              360                    360                          360                     255,000.00                     255,000.00   First Lien                                      0           255,000.00                         0.00                      -          340,000.00                    75.00               75.00   No MI                     NO MI                        0                                    6.875             0.250       0.0325     0.000               0.2825
      2503219859   XXXXXXX                                              00000    MD                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     360,000.00                     360,000.00   First Lien                                      0           360,000.00                         0.00                      -          450,000.00                    80.00               80.00   No MI                     NO MI                        0                                    7.300             0.375       0.0325     0.000               0.4075
      2503219861   NORFOLK                                              23509    VA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     134,400.00                     134,400.00   First Lien                                      0           134,400.00                         0.00                 168000              168500                    80.00               80.00   No MI                     NO MI                        0                                   8.7200            0.3750       0.0325    0.0000               0.4075
      2503219866   CARMEL                                               93923    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     950,000.00                     950,000.00   First Lien                                      0           950,000.00                         0.00                      -        1,750,000.00                    54.29               54.29   No MI                     NO MI                        0                                    6.250             0.375       0.0325     0.000               0.4075
      2503219870   CHICAGO                                              60636    IL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     243,000.00                     243,000.00   First Lien                                      0           243,000.00                         0.00                      -          270,000.00                    90.00               90.00   PMI                       LPMI                        25                                    7.990             0.375       0.0325     1.260               1.6675
      2503219904   HACKENSACK                                           07601    NJ                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     318,750.00                     318,750.00   First Lien                                      0           382,457.00                    63,707.00                      -          425,000.00                    75.00               89.99   No MI                     NO MI                        0                                    7.700             0.375       0.0325     0.000               0.4075
      2503219907   COCOA                                                32927    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     153,150.00                     153,150.00   First Lien                                      0           153,150.00                         0.00                      -          180,200.00                    84.99               84.99   PMI                       LPMI                        22                                    9.000             0.375       0.0325     1.150               1.5575
      2503219908   HACKENSACK                                           07601    NJ                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     360,000.00                     360,000.00   First Lien                                      0           431,952.00                    71,952.00                      -          480,000.00                    75.00               89.99   No MI                     NO MI                        0                                    7.700             0.375       0.0325     0.000               0.4075
      2503219914   BALTIMORE                                            21225    MD                             20070601                 20370501   ARMS                    No                                              360                    360                          360                      93,600.00                      93,600.00   First Lien                                      0            93,600.00                         0.00                      -          117,000.00                    80.00               80.00   No MI                     NO MI                        0                                   10.500             0.375       0.0325     0.000               0.4075
      2503219917   LA XXXXXX                                            91744    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     428,000.00                     428,000.00   First Lien                                      0           428,000.00                         0.00                      -          545,000.00                    78.54               78.54   No MI                     NO MI                        0                                    6.590             0.375       0.0325     0.000               0.4075
      2503219918   ROXBURY                                              02119    MA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     240,000.00                     240,000.00   First Lien                                      0           240,000.00                         0.00                 300000              340000                    80.00               80.00   No MI                     NO MI                        0                                   9.2500            0.3750       0.0325    0.0000               0.4075
      0000000000   XXXXXXX XXXX                                         00000    CA                             20070601                 20370401   ARMS                    Yes                                             360                    480                          360                     343,200.00                     343,200.00   First Lien                                      0           343,200.00                         0.00                 429000              429000                    80.00               80.00   No MI                     NO MI                        0                                   6.3750            0.3750       0.0325    0.0000               0.4075
      2503219937   ORANGE COVE                                          93646    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     128,500.00                     128,500.00   First Lien                                      0           128,500.00                         0.00                      -          185,000.00                    69.46               69.46   No MI                     NO MI                        0                                    5.875             0.375       0.0325     0.000               0.4075
      0000000000   XXXXXXX                                              00000    XX                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     272,650.00                     272,650.00   First Lien                                      0           272,650.00                         0.00                 287000              287000                    95.00               95.00   PMI                       BPMI                        30                                   6.5000            0.3750       0.0325    0.0000               0.4075
      2503219952   XXXXXXXXXX XXXX XXXX                                 00000    CA                             20070601                 20370501   FIXED                   No                                              360                    360                          360                     370,000.00                     370,000.00   First Lien                                      0           370,000.00                         0.00                      -          480,000.00                    77.09               77.09   No MI                     NO MI                        0                                    7.100             0.250       0.0325     0.000               0.2825
      2503219953   FONTANA                                              92337    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     240,000.00                     240,000.00   First Lien                                      0           240,000.00                         0.00                      -          435,000.00                    55.18               55.18   No MI                     NO MI                        0                                    6.900             0.250       0.0325     0.000               0.2825
      2503219959   MILILANI                                             96789    HI                             20070501                 20370401   FIXED                   Yes                                             360                    480                          360                     344,000.00                     344,000.00   First Lien                                      0           344,000.00                         0.00                      -          430,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.500             0.250       0.0325     0.000               0.2825
      2503219969   NEWARK                                               94560    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     520,000.00                     520,000.00   First Lien                                      0           520,000.00                         0.00                      -          650,000.00                    80.00               80.00   No MI                     NO MI                        0                                    5.990             0.375       0.0325     0.000               0.4075
      2503219990   SAN DIEGO                                            92111    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     300,000.00                     300,000.00   First Lien                                      0           300,000.00                         0.00                      -          598,000.00                    50.17               50.17   No MI                     NO MI                        0                                    6.125             0.375       0.0325     0.000               0.4075
      2503219997   CLOVIS                                               93612    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     246,500.00                     246,500.00   First Lien                                      0           246,500.00                         0.00                      -          300,000.00                    82.17               82.17   PMI                       BPMI                        22                                    6.990             0.250       0.0325     0.000               0.2825
      2503219999   SINGER ISLAND                                        33404    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     427,500.00                     427,500.00   First Lien                                      0           427,500.00                         0.00                 570000              570000                    75.00               75.00   No MI                     NO MI                        0                                   6.7900            0.3750       0.0325    0.0000               0.4075
      2503220005   MOORPARK                                             93021    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     243,000.00                     243,000.00   First Lien                                      0           243,000.00                         0.00                      -          655,000.00                    37.10               37.10   No MI                     NO MI                        0                                    6.140             0.375       0.0325     0.000               0.4075
      0000000000   XXXXXX                                               62640    IL                             20070601                 20370501   ARMS                    No                                              360                    360                          360                      65,000.00                      65,000.00   First Lien                                      0            65,000.00                         0.00                      -           87,000.00                    74.72               74.72   No MI                     NO MI                        0                                    8.990             0.375       0.0325     0.000               0.4075
      2503220009   IMPERIAL BEACH                                       91932    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     294,000.00                     294,000.00   First Lien                                      0           294,000.00                         0.00                      -          460,000.00                    63.92               63.92   No MI                     NO MI                        0                                    6.575             0.375       0.0325     0.000               0.4075
      2503220012   PALMDALE                                             93550    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     240,000.00                     240,000.00   First Lien                                      0           240,000.00                         0.00                      -          330,000.00                    72.73               72.73   No MI                     NO MI                        0                                    7.500             0.250       0.0325     0.000               0.2825
      2503220029   XXXXXX XXXX                                          00000    FL                             20070601                 20370401   ARMS                    Yes                                             360                    480                          360                     238,500.00                     238,500.00   First Lien                                      0           251,750.00                    13,250.00                 265000              270000                    90.00               95.00   PMI                       LPMI                        25                                   8.3000            0.3750       0.0325    1.2600               1.6675
      2503220044   LOS ANGELES (NORTH HOLLYW                            91606    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     405,000.00                     405,000.00   First Lien                                      0           405,000.00                         0.00                      -          750,000.00                    54.00               54.00   No MI                     NO MI                        0                                    5.750             0.375       0.0325     0.000               0.4075
      2503220045   CHICAGO                                              60652    IL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     250,000.00                     250,000.00   First Lien                                      0           250,000.00                         0.00                      -          300,000.00                    83.34               83.34   PMI                       BPMI                        22                                    6.875             0.375       0.0325     0.000               0.4075
      2503220048   FOUNTAIN VALLEY                                      92708    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     717,250.00                     717,250.00   First Lien                                      0           717,250.00                         0.00                 755000              755000                    95.00               95.00   No MI                     NO MI                        0                                   9.5500            0.3750       0.0325    0.0000               0.4075
      2503220049   SACRAMENTO                                           95820    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     160,000.00                     160,000.00   First Lien                                      0           160,000.00                         0.00                      -          200,000.00                    80.00               80.00   No MI                     NO MI                        0                                    7.990             0.375       0.0325     0.000               0.4075
      2503220050   XXXX XXXX XXXX                                       00000    UT                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     137,700.00                     137,700.00   First Lien                                      0           137,700.00                         0.00                      -          186,000.00                    74.04               74.04   No MI                     NO MI                        0                                    6.810             0.375       0.0325     0.000               0.4075
      2503220072   ANAHEIM                                              92807    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     524,500.00                     524,500.00   First Lien                                      0           524,500.00                         0.00                      -          735,000.00                    71.37               71.37   No MI                     NO MI                        0                                    6.875             0.375       0.0325     0.000               0.4075
      0000000000   SAN BERNARDINO (FONTANA A                            92335    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     222,000.00                     222,000.00   First Lien                                      0           222,000.00                         0.00                      -          340,000.00                    65.30               65.30   No MI                     NO MI                        0                                    6.500             0.250       0.0325     0.000               0.2825
      2503220076   OXNARD                                               93033    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     163,000.00                     163,000.00   First Lien                                      0           163,000.00                         0.00                      -          698,000.00                    23.36               23.36   No MI                     NO MI                        0                                    5.875             0.375       0.0325     0.000               0.4075
      2503220077   XXXXX XXXXXXX                                        00000    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     275,000.00                     275,000.00   First Lien                                      0           275,000.00                         0.00                      -          399,000.00                    68.93               68.93   No MI                     NO MI                        0                                    7.625             0.375       0.0325     0.000               0.4075
      2503220094   AMSTON                                               06231    CT                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     329,000.00                     329,000.00   First Lien                                      0           329,000.00                         0.00                      -          373,000.00                    88.21               88.21   PMI                       LPMI                        25                                    7.875             0.375       0.0325     1.190               1.5975
      0000000000   XXXXXXXX                                             00000    MD                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     212,000.00                     212,000.00   First Lien                                      0           212,000.00                         0.00                      -          265,000.00                    80.00               80.00   No MI                     NO MI                        0                                    7.125             0.375       0.0325     0.000               0.4075
      2503220102   WAIPAHU                                              96797    HI                             20070501                 20370401   FIXED                   Yes                                             360                    480                          360                     479,000.00                     479,000.00   First Lien                                      0           479,000.00                         0.00                      -          600,000.00                    79.84               79.84   No MI                     NO MI                        0                                    6.750             0.250       0.0325     0.000               0.2825
      2503220103   APACHE JUNCTION                                      85219    AZ                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     150,500.00                     150,500.00   First Lien                                      0           150,500.00                         0.00                      -          215,000.00                    70.00               70.00   No MI                     NO MI                        0                                    6.750             0.375       0.0325     0.000               0.4075
      0000000000   SACRAMENTO                                           95824    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     175,000.00                     175,000.00   First Lien                                      0           175,000.00                         0.00                      -          259,000.00                    67.57               67.57   No MI                     NO MI                        0                                    6.500             0.375       0.0325     0.000               0.4075
      2503220111   OXNARD                                               93033    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     540,000.00                     540,000.00   First Lien                                      0           627,800.00                    87,800.00                      -          675,000.00                    80.00               93.01   No MI                     NO MI                        0                                    6.750             0.375       0.0325     0.000               0.4075
      2503220136   GARDEN GROVE                                         92843    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     490,000.00                     490,000.00   First Lien                                      0           490,000.00                         0.00                      -          615,000.00                    79.68               79.68   No MI                     NO MI                        0                                    6.490             0.375       0.0325     0.000               0.4075
      0000000000   STATE COLLEGE                                        16801    PA                             20070601                 20370501   FIXED                   No                                              360                    360                          360                     125,500.00                     125,500.00   First Lien                                      0           125,500.00                         0.00                      -          148,000.00                    84.80               84.80   PMI                       LPMI                        22                                    7.250             0.250       0.0325     0.640               0.9225
      2503220154   LA XXXXXX AREA                                       91746    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     250,000.00                     250,000.00   First Lien                                      0           250,000.00                         0.00                      -          430,000.00                    58.14               58.14   No MI                     NO MI                        0                                    6.730             0.375       0.0325     0.000               0.4075
      2503220162   LOS ANGELES (LA XXXXXX AR                            91745    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     200,000.00                     200,000.00   First Lien                                      0           200,000.00                         0.00                      -          450,000.00                    44.45               44.45   No MI                     NO MI                        0                                    6.500             0.375       0.0325     0.000               0.4075
      2503220163   COALINGA                                             93210    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     216,000.00                     216,000.00   First Lien                                      0           270,000.00                    54,000.00                 270000              285000                    80.00              100.00   No MI                     NO MI                        0                                   6.7500            0.3750       0.0325    0.0000               0.4075
      2503220173   BATON ROUGE                                          70816    LA                             20070601                 20370501   FIXED                   No                                              360                    360                          360                     160,000.00                     160,000.00   First Lien                                      0           190,000.00                    30,000.00                 200000              200000                    80.00               95.00   No MI                     NO MI                        0                                   7.3700            0.2500       0.0325    0.0000               0.2825
      2503220177   OXFORD                                               06478    CT                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     392,000.00                     392,000.00   First Lien                                      0           528,000.00                   136,000.00                      -          615,000.00                    63.74               85.86   No MI                     NO MI                        0                                    6.750             0.375       0.0325     0.000               0.4075
      2503220199   TUCSON                                               85730    AZ                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     172,900.00                     172,900.00   First Lien                                      0           172,900.00                         0.00                      -          182,000.00                    95.00               95.00   PMI                       BPMI                        30                                    8.500             0.375       0.0325     0.000               0.4075
      2503220210   XXX XXXXXXX (XXXXXX XXXX                             00000    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     684,000.00                     684,000.00   First Lien                                      0           855,000.00                   171,000.00                 855000              855000                    80.00              100.00   No MI                     NO MI                        0                                   6.9900            0.3750       0.0325    0.0000               0.4075
      0000000000   MADISON                                              04950    ME                             20070601                 20370501   ARMS                    No                                              360                    360                          360                      96,300.00                      96,300.00   First Lien                                      0            96,300.00                         0.00                 107000              113000                    90.00               90.00   PMI                       LPMI                        25                                   7.3750            0.3750       0.0325    0.5200               0.9275
      2503220234   LOS ANGELES                                          90045    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     599,200.00                     599,200.00   First Lien                                      0           711,550.00                   112,350.00                 749000              750000                    80.00               95.00   No MI                     NO MI                        0                                   7.0900            0.3750       0.0325    0.0000               0.4075
      2503220257   XXXXX XXXXX                                          00000    AZ                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     219,500.00                     219,500.00   First Lien                                      0           219,500.00                         0.00                      -          244,000.00                    89.96               89.96   PMI                       BPMI                        25                                    7.500             0.375       0.0325     0.000               0.4075
      2503220268   TEMECULA                                             92591    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     545,000.00                     545,000.00   First Lien                                      0           545,000.00                         0.00                      -          705,000.00                    77.31               77.31   No MI                     NO MI                        0                                    6.400             0.375       0.0325     0.000               0.4075
      0000000000   SALINAS                                              93906    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     300,000.00                     300,000.00   First Lien                                      0           300,000.00                         0.00                      -          555,000.00                    54.06               54.06   No MI                     NO MI                        0                                    6.325             0.375       0.0325     0.000               0.4075
      2503220288   SAN BERNARDINO                                       92410    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     243,000.00                     243,000.00   First Lien                                      0           243,000.00                         0.00                      -          325,000.00                    74.77               74.77   No MI                     NO MI                        0                                    6.500             0.375       0.0325     0.000               0.4075
      2503220293   NEW FAIRFIELD                                        06812    CT                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     731,250.00                     731,250.00   First Lien                                      0           731,250.00                         0.00                      -          975,000.00                    75.00               75.00   No MI                     NO MI                        0                                    8.750             0.375       0.0325     0.000               0.4075
      2503220307   STOCKTON                                             95205    CA                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     165,000.00                     165,000.00   First Lien                                      0           165,000.00                         0.00                      -          288,000.00                    57.30               57.30   No MI                     NO MI                        0                                    6.750             0.250       0.0325     0.000               0.2825
      2503220308   ANTIOCH                                              94509    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     251,000.00                     251,000.00   First Lien                                      0           251,000.00                         0.00                 345000              345000                    72.76               72.76   No MI                     NO MI                        0                                   6.4100            0.3750       0.0325    0.0000               0.4075
      2503220317   KINGSBURG                                            93631    CA                             20070601                 20370401   ARMS                    Yes                                             360                    480                          360                     250,000.00                     250,000.00   First Lien                                      0           250,000.00                         0.00                 250000              250000                   100.00              100.00   PMI                       LPMI                        35                                   6.7500            0.3750       0.0325    0.4700               0.8775
      2503220358   OAKDALE                                              55128    MN                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     218,500.00                     218,500.00   First Lien                                      0           218,500.00                         0.00                 230000              245000                    95.00               95.00   PMI                       BPMI                        30                                   6.9400            0.3750       0.0325    0.0000               0.4075
      2503220395   XXXXXX                                               72758    AR                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     276,000.00                     276,000.00   First Lien                                      0           276,000.00                         0.00                      -          345,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.750             0.375       0.0325     0.000               0.4075
      2503220425   CHICAGO                                              60615    IL                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     623,920.00                     623,920.00   First Lien                                      0           779,900.00                   155,980.00                 779900              800000                    80.00              100.00   No MI                     NO MI                        0                                   8.3000            0.3750       0.0325    0.0000               0.4075
      2503220433   CENTERTON                                            72719    AR                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     383,310.00                     383,310.00   First Lien                                      0           383,310.00                         0.00                 425900              426000                    90.00               90.00   PMI                       LPMI                        25                                  11.1500            0.3750       0.0325    0.6900               1.0975
      2503220450   RIVERSIDE                                            92509    CA                             20070601                 20370501   FIXED                   No                                              360                    360                          360                     355,500.00                     355,500.00   First Lien                                      0           355,500.00                         0.00                      -          395,000.00                    90.00               90.00   PMI                       LPMI                        25                                    6.990             0.250       0.0325     0.470               0.7525
      2503220474   LOS ANGELES                                          90047    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                      88,000.00                      88,000.00   First Lien                                      0            88,000.00                         0.00                      -          485,000.00                    18.15               18.15   No MI                     NO MI                        0                                    6.850             0.375       0.0325     0.000               0.4075
      2503220476   VENTURA                                              93003    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     302,000.00                     302,000.00   First Lien                                      0           302,000.00                         0.00                      -          403,000.00                    74.94               74.94   No MI                     NO MI                        0                                    6.990             0.375       0.0325     0.000               0.4075
      2503220486   SANTA XXX                                            92703    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     255,000.00                     255,000.00   First Lien                                      0           255,000.00                         0.00                      -          630,000.00                    40.48               40.48   No MI                     NO MI                        0                                    5.625             0.375       0.0325     0.000               0.4075
      0000000000   LA XXXXXX                                            91746    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                      81,000.00                      81,000.00   First Lien                                      0            81,000.00                         0.00                      -          380,000.00                    21.32               21.32   No MI                     NO MI                        0                                    6.200             0.375       0.0325     0.000               0.4075
      2503220497   LA XXXXXX                                            91746    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     190,000.00                     190,000.00   First Lien                                      0           190,000.00                         0.00                      -          420,000.00                    45.24               45.24   No MI                     NO MI                        0                                    5.670             0.375       0.0325     0.000               0.4075
      2503220512   CENTERTON                                            72719    AR                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     404,900.00                     404,900.00   First Lien                                      0           404,900.00                         0.00                 449900              450000                    90.00               90.00   PMI                       LPMI                        25                                  10.4000            0.3750       0.0325    0.6200               1.0275
      2503220527   RANCHO CUCAMONGA                                     91730    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     383,950.00                     383,950.00   First Lien                                      0           431,950.00                    48,000.00                 479999              480000                    79.99               89.99   No MI                     NO MI                        0                                   8.8380            0.3750       0.0325    0.0000               0.4075
      2503220547   HANFORD                                              93230    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     120,000.00                     120,000.00   First Lien                                      0           120,000.00                         0.00                      -          196,000.00                    61.23               61.23   No MI                     NO MI                        0                                    5.875             0.375       0.0325     0.000               0.4075
      2503220549   MIAMI                                                33126    FL                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     236,250.00                     236,250.00   First Lien                                      0           315,000.00                    78,750.00                 315000              315000                    75.00              100.00   No MI                     NO MI                        0                                   7.9900            0.3750       0.0325    0.0000               0.4075
      2503220553   HOMESTEAD                                            33032    FL                             20070501                 20370401   ARMS                    Yes                                             360                    480                          360                     252,000.00                     252,000.00   First Lien                                      0           252,000.00                         0.00                 280000              280000                    90.00               90.00   PMI                       LPMI                        25                                   7.3250            0.3750       0.0325    1.2100               1.6175
      2503220573   HEMPSTEAD                                            11550    NY                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     260,000.00                     260,000.00   First Lien                                      0           260,000.00                         0.00                      -          435,000.00                    59.78               59.78   No MI                     NO MI                        0                                    6.750             0.250       0.0325     0.000               0.2825
      2503220574   WATSONVILLE                                          95076    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     478,150.00                     478,150.00   First Lien                                      0           478,150.00                         0.00                      -          655,000.00                    73.00               73.00   No MI                     NO MI                        0                                    5.990             0.375       0.0325     0.000               0.4075
      2503220581   CORONA                                               92880    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     488,000.00                     488,000.00   First Lien                                      0           488,000.00                         0.00                      -          610,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.000             0.375       0.0325     0.000               0.4075
      2503220591   XXXXXX                                               95018    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     585,000.00                     585,000.00   First Lien                                      0           585,000.00                         0.00                      -          780,000.00                    75.00               75.00   No MI                     NO MI                        0                                    6.250             0.375       0.0325     0.000               0.4075
      0000000000   XXXXXX                                               90745    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     314,500.00                     314,500.00   First Lien                                      0           314,500.00                         0.00                      -          370,000.00                    85.00               85.00   PMI                       LPMI                        22                                    6.650             0.375       0.0325     0.630               1.0375
      2503220612   ANAHEIM                                              92805    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     516,000.00                     516,000.00   First Lien                                      0           516,000.00                         0.00                      -          750,000.00                    68.80               68.80   No MI                     NO MI                        0                                    6.250             0.375       0.0325     0.000               0.4075
      2503220613   XXXXXXXXXX XXXX                                      00000    AZ                             20070501                 20370401   FIXED                   No                                              360                    360                          360                     188,800.00                     188,800.00   First Lien                                      0           188,800.00                         0.00                      -          236,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.125             0.250       0.0325     0.000               0.2825
      2503220614   FRESNO                                               93710    CA                             20070601                 20370501   FIXED                   No                                              360                    360                          360                     204,250.00                     204,250.00   First Lien                                      0           204,250.00                         0.00                 215000              230000                    95.00               95.00   PMI                       LPMI                        30                                  10.1000            0.2500       0.0325    1.5600               1.8425
      2503220618   STOCKTON                                             95203    CA                             20070601                 20370501   FIXED                   No                                              360                    360                          360                     228,000.00                     228,000.00   First Lien                                      0           228,000.00                         0.00                      -          285,000.00                    80.00               80.00   No MI                     NO MI                        0                                    7.600             0.250       0.0325     0.000               0.2825
      2503220624   XXXX XXXXXXXXXX                                      00000    FL                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     183,900.00                     183,900.00   First Lien                                      0           229,880.00                    45,980.00                 229900              233000                    80.00              100.00   No MI                     NO MI                        0                                   7.4100            0.3750       0.0325    0.0000               0.4075
      0000000000   COLONIA                                              07067    NJ                             20070601                 20370401   ARMS                    Yes                                             360                    480                          360                     275,000.00                     275,000.00   First Lien                                      0           275,000.00                         0.00                      -          395,000.00                    69.63               69.63   No MI                     NO MI                        0                                    7.990             0.375       0.0325     0.000               0.4075
      2503220637   SALINAS                                              93906    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     527,000.00                     527,000.00   First Lien                                      0           527,000.00                         0.00                      -          660,000.00                    79.85               79.85   No MI                     NO MI                        0                                    5.890             0.375       0.0325     0.000               0.4075
      2503220639   VICTORVILLE                                          92392    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     380,000.00                     380,000.00   First Lien                                      0           380,000.00                         0.00                      -          400,000.00                    95.00               95.00   PMI                       LPMI                        30                                    7.100             0.375       0.0325     0.580               0.9875
      2503220640   KING CITY                                            93930    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     545,000.00                     545,000.00   First Lien                                      0           545,000.00                         0.00                      -          795,000.00                    68.56               68.56   No MI                     NO MI                        0                                    6.270             0.375       0.0325     0.000               0.4075
      2503220667   COVINGTON                                            30016    GA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     127,300.00                     127,300.00   First Lien                                      0           127,300.00                         0.00                 134000              134000                    95.00               95.00   PMI                       BPMI                        30                                   7.6200            0.3750       0.0325    0.0000               0.4075
      2503220674   MIAMI                                                33145    FL                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     265,410.00                     265,410.00   First Lien                                      0           265,410.00                         0.00                 294900              310000                    90.00               90.00   PMI                       LPMI                        25                                  12.8000            0.3750       0.0325    1.6600               2.0675
      0000000000   TUALATIN                                             97062    OR                             20070601                 20370501   FIXED                   No                                              360                    360                          360                     243,900.00                     243,900.00   First Lien                                      0           243,900.00                         0.00                 271000              274000                    90.00               90.00   PMI                       LPMI                        25                                   8.3250            0.2500       0.0325    0.9700               1.2525
      2503220694   MISSION VIEJO                                        92692    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     400,000.00                     400,000.00   First Lien                                      0           400,000.00                         0.00                      -          490,000.00                    81.64               81.64   PMI                       LPMI                        22                                    6.125             0.375       0.0325     0.750               1.1575
      2503220707   PALM SPRINGS                                         92262    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     300,000.00                     300,000.00   First Lien                                      0           300,000.00                         0.00                      -          402,000.00                    74.63               74.63   No MI                     NO MI                        0                                    6.000             0.375       0.0325     0.000               0.4075
      2503220709   BROOKLYN                                             11226    NY                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     495,000.00                     495,000.00   First Lien                                      0           495,000.00                         0.00                 550000              550000                    90.00               90.00   PMI                       LPMI                        25                                   8.7800            0.3750       0.0325    0.6400               1.0475
      2503220712   LOS ANGELES (VAN NUYS ARE                            91401    CA                             20070601                 20370501   FIXED                   No                                              360                    360                          360                     300,000.00                     300,000.00   First Lien                                      0           300,000.00                         0.00                      -          585,000.00                    51.29               51.29   No MI                     NO MI                        0                                    6.875             0.250       0.0325     0.000               0.2825
      2503220715   ENGLEWOOD                                            34224    FL                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     173,000.00                     173,000.00   First Lien                                      0           173,000.00                         0.00                      -          240,000.00                    72.09               72.09   No MI                     NO MI                        0                                    5.950             0.375       0.0325     0.000               0.4075
      2503220726   PAHOA                                                96778    HI                             20070601                 20370401   ARMS                    Yes                                             360                    480                          360                     178,500.00                     178,500.00   First Lien                                      0           178,500.00                         0.00                      -          225,000.00                    79.34               79.34   No MI                     NO MI                        0                                    7.250             0.375       0.0325     0.000               0.4075
      2503220729   CHICAGO                                              60645    IL                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     270,000.00                     270,000.00   First Lien                                      0           270,000.00                         0.00                 300000              300000                    90.00               90.00   PMI                       LPMI                        25                                  11.3750            0.3750       0.0325    0.7200               1.1275
      0000000000   MIAMI                                                33155    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     299,250.00                     299,250.00   First Lien                                      0           299,250.00                         0.00                 315000              335000                    95.00               95.00   PMI                       LPMI                        30                                  10.2500            0.3750       0.0325    1.6100               2.0175
      2503220746   FRESNO                                               93725    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     187,200.00                     187,200.00   First Lien                                      0           208,000.00                    20,800.00                 208000              208000                    90.00              100.00   PMI                       LPMI                        25                                   7.5000            0.3750       0.0325    1.2400               1.6475
      2503220793   XXXXXXX XXXXX                                        00000    FL                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     164,800.00                     164,800.00   First Lien                                      0           164,800.00                         0.00                      -          206,000.00                    80.00               80.00   No MI                     NO MI                        0                                    9.000             0.375       0.0325     0.000               0.4075
      2503220808   LOS ANGELES                                          90059    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     438,750.00                     438,750.00   First Lien                                      0           438,750.00                         0.00                      -          585,000.00                    75.00               75.00   No MI                     NO MI                        0                                    7.170             0.375       0.0325     0.000               0.4075
      2503220817   XXXXXXXXX XXXXXXX                                    00000    CO                             20070601                 20370501   FIXED                   No                                              360                    360                          360                     234,800.00                     234,800.00   First Lien                                      0           234,800.00                         0.00                 293500              295000                    80.00               80.00   No MI                     NO MI                        0                                   7.6000            0.2500       0.0325    0.0000               0.2825
      2503220825   SALINAS                                              93905    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     467,000.00                     467,000.00   First Lien                                      0           467,000.00                         0.00                      -          701,000.00                    66.62               66.62   No MI                     NO MI                        0                                    5.950             0.375       0.0325     0.000               0.4075
      2503220831   EAST ORANGE                                          07017    NJ                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     332,500.00                     332,500.00   First Lien                                      0           332,500.00                         0.00                      -          350,000.00                    95.00               95.00   PMI                       LPMI                        30                                   11.625             0.375       0.0325     1.610               2.0175
      2503220836   STAMFORD                                             06902    CT                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     627,200.00                     627,200.00   First Lien                                      0           783,200.00                   156,000.00                 784000              784000                    80.00               99.90   No MI                     NO MI                        0                                   8.2200            0.3750       0.0325    0.0000               0.4075
      2503220837   SACRAMENTO                                           95842    CA                             20070601                 20370401   ARMS                    Yes                                             360                    480                          360                     190,000.00                     190,000.00   First Lien                                      0           190,000.00                         0.00                      -          280,000.00                    67.86               67.86   No MI                     NO MI                        0                                    6.100             0.375       0.0325     0.000               0.4075
      2503220855   PALMDALE                                             93550    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     240,000.00                     240,000.00   First Lien                                      0           300,000.00                    60,000.00                      -          300,000.00                    80.00              100.00   No MI                     NO MI                        0                                    5.975             0.375       0.0325     0.000               0.4075
      2503220858   PLEASANT GROVE                                       84062    UT                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     576,000.00                     576,000.00   First Lien                                      0           659,000.00                    83,000.00                      -          720,000.00                    80.00               91.53   No MI                     NO MI                        0                                    7.990             0.375       0.0325     0.000               0.4075
      0000000000   HAWTHORNE (INGLEWOOD AREA                            90304    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     350,000.00                     350,000.00   First Lien                                      0           350,000.00                         0.00                      -          635,000.00                    55.12               55.12   No MI                     NO MI                        0                                    6.000             0.375       0.0325     0.000               0.4075
      2503220901   XXXX XXXXXXXXXX                                      00000    FL                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     273,950.00                     273,950.00   First Lien                                      0           273,950.00                         0.00                 288400              322000                    94.99               94.99   PMI                       BPMI                        30                                   8.5900            0.3750       0.0325    0.0000               0.4075
      2503220905   GREAT XXXXXXX                                        07838    NJ                             20070601                 20370501   FIXED                   No                                              360                    360                          360                     291,000.00                     291,000.00   First Lien                                      0           291,000.00                         0.00                      -          365,000.00                    79.73               79.73   No MI                     NO MI                        0                                    7.150             0.250       0.0325     0.000               0.2825
      0000000000   (XXXXXXX XXXX) LOS ANGELE                            91042    CA                             20070601                 20370501   FIXED                   No                                              360                    360                          360                     300,000.00                     300,000.00   First Lien                                      0           300,000.00                         0.00                      -          614,000.00                    48.86               48.86   No MI                     NO MI                        0                                    6.750             0.250       0.0325     0.000               0.2825
      2503220946   SACRAMENTO                                           95831    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     392,000.00                     392,000.00   First Lien                                      0           392,000.00                         0.00                      -          490,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.990             0.375       0.0325     0.000               0.4075
      2503220951   MOSES LAKE                                           98837    WA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     123,500.00                     123,500.00   First Lien                                      0           123,500.00                         0.00                      -          150,000.00                    82.34               82.34   PMI                       LPMI                        22                                    6.890             0.375       0.0325     0.650               1.0575
      0000000000   MISSION HILLS                                        91345    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     464,000.00                     464,000.00   First Lien                                      0           464,000.00                         0.00                      -          635,000.00                    73.08               73.08   No MI                     NO MI                        0                                    6.750             0.375       0.0325     0.000               0.4075
      2503221036   XXXXX                                                00000    HI                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     648,000.00                     648,000.00   First Lien                                      0           648,000.00                         0.00                      -          810,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.250             0.375       0.0325     0.000               0.4075
      0000000000   TAMPA                                                33610    FL                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     252,000.00                     252,000.00   First Lien                                      0           252,000.00                         0.00                 280000              280000                    90.00               90.00   PMI                       LPMI                        25                                  11.3500            0.3750       0.0325    0.9900               1.3975
      2503221054   LOXAHATCHEE                                          33470    FL                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     456,000.00                     456,000.00   First Lien                                      0           456,000.00                         0.00                 480000              505000                    95.00               95.00   PMI                       LPMI                        30                                   8.9630            0.3750       0.0325    1.2200               1.6275
      2503221069   SACRAMENTO                                           95822    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     232,000.00                     232,000.00   First Lien                                      0           232,000.00                         0.00                      -          290,000.00                    80.00               80.00   No MI                     NO MI                        0                                    8.990             0.375       0.0325     0.000               0.4075
      2503221080   WATSONVILLE                                          95076    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     500,000.00                     500,000.00   First Lien                                      0           500,000.00                         0.00                      -          741,000.00                    67.48               67.48   No MI                     NO MI                        0                                    6.250             0.375       0.0325     0.000               0.4075
      2503221087   XXXXXX XXXX                                          95037    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     862,000.00                     862,000.00   First Lien                                      0           862,000.00                         0.00                      -        1,150,000.00                    74.96               74.96   No MI                     NO MI                        0                                    7.282             0.375       0.0325     0.000               0.4075
      2503221114   LYNWOOD                                              90262    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     498,750.00                     498,750.00   First Lien                                      0           498,750.00                         0.00                 525000              530000                    95.00               95.00   PMI                       LPMI                        30                                   8.2500            0.3750       0.0325    1.2200               1.6275
      2503221131   PHOENIX                                              85035    AZ                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     213,300.00                     213,300.00   First Lien                                      0           213,300.00                         0.00                      -          237,000.00                    90.00               90.00   PMI                       LPMI                        25                                    8.500             0.375       0.0325     1.290               1.6975
      2503221149   (XXXXXX XXXX XXXX) EL MON                            91780    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     501,000.00                     501,000.00   First Lien                                      0           501,000.00                         0.00                      -          750,000.00                    66.80               66.80   No MI                     NO MI                        0                                    6.250             0.375       0.0325     0.000               0.4075
      2503221167   FONTANA                                              92335    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     318,000.00                     318,000.00   First Lien                                      0           368,000.00                    50,000.00                      -          375,000.00                    84.80               98.14   PMI                       LPMI                        22                                    6.990             0.375       0.0325     0.630               1.0375
      2503221169   KAHULUI                                              96732    HI                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     481,600.00                     481,600.00   First Lien                                      0           481,600.00                         0.00                      -          602,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.250             0.375       0.0325     0.000               0.4075
      2503221190   KAILUA                                               96734    HI                             20070601                 20370501   FIXED                   No                                              360                    360                          360                     750,000.00                     750,000.00   First Lien                                      0           900,000.00                   150,000.00                      -        1,050,000.00                    71.43               85.72   No MI                     NO MI                        0                                    6.750             0.250       0.0325     0.000               0.2825
      0000000000   FRESNO                                               93702    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     145,000.00                     145,000.00   First Lien                                      0           145,000.00                         0.00                      -          211,000.00                    68.73               68.73   No MI                     NO MI                        0                                    6.560             0.375       0.0325     0.000               0.4075
      2503221216   JAMAICA                                              11436    NY                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     421,200.00                     421,200.00   First Lien                                      0           421,200.00                         0.00                 526500              530000                    80.00               80.00   No MI                     NO MI                        0                                   7.7500            0.3750       0.0325    0.0000               0.4075
      2503221231   FRESNO                                               93720    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     322,905.00                     322,905.00   First Lien                                      0           322,905.00                         0.00                 339900              339900                    95.00               95.00   PMI                       LPMI                        30                                   8.2500            0.3750       0.0325    1.2800               1.6875
      2503221234   PORTLAND                                             97236    OR                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     263,500.00                     263,500.00   First Lien                                      0           263,500.00                         0.00                      -          330,000.00                    79.85               79.85   No MI                     NO MI                        0                                    6.750             0.375       0.0325     0.000               0.4075
      2503221254   FRESNO                                               93727    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     427,500.00                     427,500.00   First Lien                                      0           427,500.00                         0.00                 450000              465000                    95.00               95.00   PMI                       LPMI                        30                                   8.3500            0.3750       0.0325    1.1600               1.5675
      2503221272   JAMAICA                                              11433    NY                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     548,000.00                     548,000.00   First Lien                                      0           548,000.00                         0.00                 685000              685000                    80.00               80.00   No MI                     NO MI                        0                                   7.2500            0.3750       0.0325    0.0000               0.4075
      2503221291   LOS ANGELES (SYLMAR AREA)                            91342    CA                             20070601                 20370501   FIXED                   No                                              360                    360                          360                     280,000.00                     280,000.00   First Lien                                      0           280,000.00                         0.00                      -          485,000.00                    57.74               57.74   No MI                     NO MI                        0                                    6.625             0.250       0.0325     0.000               0.2825
      2503221296   FRESNO                                               93702    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     110,500.00                     110,500.00   First Lien                                      0           110,500.00                         0.00                 130000              130000                    85.00               85.00   PMI                       LPMI                        22                                  11.2500            0.3750       0.0325    0.9400               1.3475
      2503221302   WAIPAHU                                              96797    HI                             20070601                 20370501   FIXED                   No                                              360                    360                          360                     385,000.00                     385,000.00   First Lien                                      0           385,000.00                         0.00                      -          820,000.00                    46.96               46.96   No MI                     NO MI                        0                                    6.750             0.250       0.0325     0.000               0.2825
      2503221339   CLAREMONT                                            91711    CA                             20070601                 20370501   FIXED                   No                                              360                    360                          360                      85,000.00                      85,000.00   First Lien                                      0            85,000.00                         0.00                      -          350,000.00                    24.29               24.29   No MI                     NO MI                        0                                    7.000             0.250       0.0325     0.000               0.2825
      2503221344   ELGIN                                                60120    IL                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     251,750.00                     251,750.00   First Lien                                      0           251,750.00                         0.00                 265000              265000                    95.00               95.00   PMI                       LPMI                        30                                   8.5000            0.3750       0.0325    0.8800               1.2875
      2503221354   XXXXXX XXXX XXXX                                     00000    CA                             20070601                 20370501   FIXED                   No                                              360                    360                          360                     110,000.00                     110,000.00   First Lien                                      0           110,000.00                         0.00                      -          685,000.00                    16.06               16.06   No MI                     NO MI                        0                                    7.125             0.250       0.0325     0.000               0.2825
      2503221384   RANCHO CUCAMONGA                                     91737    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     424,000.00                     424,000.00   First Lien                                      0           424,000.00                         0.00                      -          530,000.00                    80.00               80.00   No MI                     NO MI                        0                                    7.500             0.375       0.0325     0.000               0.4075
      2503221387   QUAIL VALLEY                                         92587    CA                             20070601                 20370501   FIXED                   No                                              360                    360                          360                     371,440.00                     371,440.00   First Lien                                      0           371,440.00                         0.00                 390990              390990                    95.00               95.00   PMI                       LPMI                        30                                   7.7870            0.2500       0.0325    0.7800               1.0625
      2503221412   PLEASANT GROVE                                       84062    UT                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     480,000.00                     480,000.00   First Lien                                      0           570,000.00                    90,000.00                      -          600,000.00                    80.00               95.00   No MI                     NO MI                        0                                    7.250             0.375       0.0325     0.000               0.4075
      2503221414   GLENDALE                                             91208    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     484,000.00                     484,000.00   First Lien                                      0           484,000.00                         0.00                 605000              605000                    80.00               80.00   No MI                     NO MI                        0                                   6.5000            0.3750       0.0325    0.0000               0.4075
      2503221429   COTTONWOOD                                           86326    AZ                             20070601                 20370501   FIXED                   No                                              360                    360                          360                     529,200.00                     529,200.00   First Lien                                      0           560,000.00                    30,800.00                 560000              560000                    94.50              100.00   PMI                       LPMI                        30                                   8.1000            0.2500       0.0325    1.2300               1.5125
      2503221453   BURBANK                                              91501    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     460,000.00                     460,000.00   First Lien                                      0           460,000.00                         0.00                      -          750,000.00                    61.34               61.34   No MI                     NO MI                        0                                    6.500             0.375       0.0325     0.000               0.4075
      2503221468   DULUTH                                               30096    GA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     136,800.00                     136,800.00   First Lien                                      0           171,900.00                    35,100.00                      -          172,000.00                    79.54               99.95   No MI                     NO MI                        0                                    6.625             0.375       0.0325     0.000               0.4075
      2503221489   SCHENECTADY                                          12304    NY                             20070601                 20370501   ARMS                    No                                              360                    360                          360                      94,525.00                      94,525.00   First Lien                                      0            94,525.00                         0.00                  99500               99500                    95.00               95.00   PMI                       BPMI                        30                                   8.2500            0.3750       0.0325    0.0000               0.4075
      2503221498   LOS ANGELES                                          90018    CA                             20070601                 20370401   FIXED                   Yes                                             360                    480                          360                     405,000.00                     405,000.00   First Lien                                      0           405,000.00                         0.00                      -          565,000.00                    71.69               71.69   No MI                     NO MI                        0                                    6.900             0.250       0.0325     0.000               0.2825
      2503221504   XXX XXXX (XXXX)                                      00000    CA                             20070601                 20370501   FIXED                   No                                              360                    360                          360                     248,000.00                     248,000.00   First Lien                                      0           248,000.00                         0.00                      -          312,000.00                    79.49               79.49   No MI                     NO MI                        0                                    6.875             0.250       0.0325     0.000               0.2825
      2503221532   CLINTON                                              20735    MD                             20070601                 20370501   FIXED                   No                                              360                    360                          360                     356,250.00                     356,250.00   First Lien                                      0           356,250.00                         0.00                      -          375,000.00                    95.00               95.00   PMI                       LPMI                        30                                    7.990             0.250       0.0325     0.480               0.7625
      2503221560   PHOENIX                                              85022    AZ                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     233,750.00                     233,750.00   First Lien                                      0           233,750.00                         0.00                 275000              275000                    85.00               85.00   PMI                       LPMI                        22                                   8.5000            0.3750       0.0325    0.7400               1.1475
      2503221565   TUCSON                                               85757    AZ                             20070601                 20370501   FIXED                   No                                              360                    360                          360                     125,000.00                     125,000.00   First Lien                                      0           125,000.00                         0.00                      -          222,000.00                    56.31               56.31   No MI                     NO MI                        0                                    6.820             0.250       0.0325     0.000               0.2825
      0000000000   TUCSON                                               85757    AZ                             20070601                 20370501   FIXED                   No                                              360                    360                          360                     126,000.00                     126,000.00   First Lien                                      0           126,000.00                         0.00                      -          222,000.00                    56.76               56.76   No MI                     NO MI                        0                                    6.820             0.250       0.0325     0.000               0.2825
      2503221573   PHOENIX                                              85003    AZ                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     331,839.00                     331,839.00   First Lien                                      0           414,798.00                    82,959.00                 414799              450000                    80.00              100.00   No MI                     NO MI                        0                                   8.2500            0.3750       0.0325    0.0000               0.4075
      2503221575   RIVERSIDE                                            92509    CA                             20070601                 20370501   FIXED                   No                                              360                    360                          360                     393,000.00                     393,000.00   First Lien                                      0           393,000.00                         0.00                      -          527,000.00                    74.58               74.58   No MI                     NO MI                        0                                    7.500             0.250       0.0325     0.000               0.2825
      2503221611   FIREBAUGH                                            93622    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     127,500.00                     127,500.00   First Lien                                      0           183,900.00                    56,400.00                      -          255,000.00                    50.00               72.12   No MI                     NO MI                        0                                    5.750             0.375       0.0325     0.000               0.4075
      0000000000   STOCKTON                                             95210    CA                             20070601                 20370501   FIXED                   No                                              360                    360                          360                     375,250.00                     375,250.00   First Lien                                      0           375,250.00                         0.00                      -          395,000.00                    95.00               95.00   PMI                       LPMI                        30                                    8.250             0.250       0.0325     0.630               0.9125
      2503221677   XXXXXX                                               84041    UT                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     346,000.00                     346,000.00   First Lien                                      0           346,000.00                         0.00                      -          440,000.00                    78.64               78.64   No MI                     NO MI                        0                                    7.350             0.375       0.0325     0.000               0.4075
      2503221680   TEMPE                                                85283    AZ                             20070601                 20370501   FIXED                   No                                              360                    360                          360                     164,000.00                     164,000.00   First Lien                                      0           164,000.00                         0.00                      -          223,000.00                    73.55               73.55   No MI                     NO MI                        0                                    7.000             0.250       0.0325     0.000               0.2825
      2503221685   CONCORD                                              94521    CA                             20070601                 20370501   FIXED                   No                                              360                    360                          360                     295,000.00                     295,000.00   First Lien                                      0           295,000.00                         0.00                      -          560,000.00                    52.68               52.68   No MI                     NO MI                        0                                    6.875             0.250       0.0325     0.000               0.2825
      2503221699   KENMORE                                              98028    WA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     301,000.00                     301,000.00   First Lien                                      0           301,000.00                         0.00                      -          430,000.00                    70.00               70.00   No MI                     NO MI                        0                                    5.950             0.375       0.0325     0.000               0.4075
      2503221747   CLINTON                                              84015    UT                             20070601                 20370501   FIXED                   No                                              360                    360                          360                     163,800.00                     163,800.00   First Lien                                      0           163,800.00                         0.00                 182000              182000                    90.00               90.00   PMI                       LPMI                        25                                   7.5000            0.2500       0.0325    0.5200               0.8025
      2503221776   PEBBLE BEACH                                         93953    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     847,500.00                     847,500.00   First Lien                                      0           847,500.00                         0.00                1130000             1150000                    75.00               75.00   No MI                     NO MI                        0                                   7.2500            0.3750       0.0325    0.0000               0.4075
      2503221815   XXXXXXX XXXX                                         00000    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     197,000.00                     197,000.00   First Lien                                      0           197,000.00                         0.00                      -          360,000.00                    54.73               54.73   No MI                     NO MI                        0                                    6.300             0.375       0.0325     0.000               0.4075
      2503221874   AREA OF FONTANA                                      92335    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     199,000.00                     199,000.00   First Lien                                      0           199,000.00                         0.00                      -          410,000.00                    48.54               48.54   No MI                     NO MI                        0                                    5.950             0.375       0.0325     0.000               0.4075
      2503221883   POMONA                                               91767    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     297,200.00                     297,200.00   First Lien                                      0           297,200.00                         0.00                      -          405,000.00                    73.39               73.39   No MI                     NO MI                        0                                    5.700             0.375       0.0325     0.000               0.4075
      2503221898   LAS VEGAS                                            89156    NV                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     202,400.00                     202,400.00   First Lien                                      0           202,400.00                         0.00                 253000              253000                    80.00               80.00   No MI                     NO MI                        0                                   7.5450            0.3750       0.0325    0.0000               0.4075
      0000000000   KISSIMMEE                                            34746    FL                             20070601                 20370501   FIXED                   No                                              360                    360                          360                     172,000.00                     172,000.00   First Lien                                      0           193,285.00                    21,285.00                 215000              240000                    80.00               89.90   No MI                     NO MI                        0                                   7.0000            0.2500       0.0325    0.0000               0.2825
      2503221911   XXXXXXXXXX                                           00000    FL                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     600,000.00                     600,000.00   First Lien                                      0           600,000.00                         0.00                      -          750,000.00                    80.00               80.00   No MI                     NO MI                        0                                   10.850             0.375       0.0325     0.000               0.4075
      2503221940   SALINAS                                              93905    CA                             20070601                 20370501   FIXED                   No                                              360                    360                          360                     290,000.00                     290,000.00   First Lien                                      0           290,000.00                         0.00                      -          502,000.00                    57.77               57.77   No MI                     NO MI                        0                                    6.500             0.250       0.0325     0.000               0.2825
      2503221942   SALINAS                                              93905    CA                             20070601                 20370501   FIXED                   No                                              360                    360                          360                     285,000.00                     285,000.00   First Lien                                      0           285,000.00                         0.00                      -          435,000.00                    65.52               65.52   No MI                     NO MI                        0                                    6.500             0.250       0.0325     0.000               0.2825
      2503221944   SAINT ALBANS                                         11412    NY                             20070601                 20370501   FIXED                   No                                              360                    360                          360                     376,000.00                     376,000.00   First Lien                                      0           376,000.00                         0.00                      -          470,000.00                    80.00               80.00   No MI                     NO MI                        0                                    7.875             0.250       0.0325     0.000               0.2825
      2503221952   SAN LEANDRO                                          94577    CA                             20070601                 20220501   FIXED                   No                                              180                    180                          180                     291,000.00                     291,000.00   First Lien                                      0           291,000.00                         0.00                      -          485,000.00                    60.00               60.00   No MI                     NO MI                        0                                    6.676             0.250       0.0325     0.000               0.2825
      0000000000   PROVO                                                84601    UT                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     446,500.00                     446,500.00   First Lien                                      0           446,500.00                         0.00                 470000              470000                    95.00               95.00   PMI                       LPMI                        30                                   8.2500            0.3750       0.0325    0.8300               1.2375
      2503221959   CHINO                                                91710    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     360,000.00                     360,000.00   First Lien                                      0           360,000.00                         0.00                      -          600,000.00                    60.00               60.00   No MI                     NO MI                        0                                    5.990             0.375       0.0325     0.000               0.4075
      2503222017   CHICAGO                                              60641    IL                             20070601                 20370501   FIXED                   No                                              360                    360                          360                     345,000.00                     345,000.00   First Lien                                      0           345,000.00                         0.00                      -          390,000.00                    88.47               88.47   PMI                       LPMI                        25                                    8.525             0.250       0.0325     1.090               1.3725
      2503222029   CHICAGO                                              60636    IL                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     195,500.00                     195,500.00   First Lien                                      0           195,500.00                         0.00                 230000              230000                    85.00               85.00   PMI                       LPMI                        22                                  10.8400            0.3750       0.0325    1.0000               1.4075
      2503222044   HESPERIA                                             92345    CA                             20070601                 20370501   FIXED                   No                                              360                    360                          360                     312,000.00                     312,000.00   First Lien                                      0           312,000.00                         0.00                 390000              390000                    80.00               80.00   No MI                     NO MI                        0                                   6.5000            0.2500       0.0325    0.0000               0.2825
      2503222056   TULARE                                               93274    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     414,000.00                     414,000.00   First Lien                                      0           414,000.00                         0.00                 460000              475000                    90.00               90.00   PMI                       LPMI                        25                                   6.3410            0.3750       0.0325    0.4600               0.8675
      2503222067   BOTHELL                                              98011    WA                             20070601                 20220501   FIXED                   No                                              180                    180                          180                     225,400.00                     225,400.00   First Lien                                      0           225,400.00                         0.00                      -          322,000.00                    70.00               70.00   No MI                     NO MI                        0                                    6.550             0.250       0.0325     0.000               0.2825
      0000000000   RICHMOND                                             23224    VA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     103,500.00                     103,500.00   First Lien                                      0           103,500.00                         0.00                 115000              122000                    90.00               90.00   PMI                       LPMI                        25                                  11.1000            0.3750       0.0325    1.4400               1.8475
      2503222276   SAINT ALBANS                                         11412    NY                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     489,250.00                     489,250.00   First Lien                                      0           489,250.00                         0.00                 515000              525000                    95.00               95.00   PMI                       LPMI                        30                                   9.1000            0.3750       0.0325    1.1600               1.5675
      2503222398   CANOGA PARK                                          91303    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     540,000.00                     540,000.00   First Lien                                      0           540,000.00                         0.00                      -          675,000.00                    80.00               80.00   No MI                     NO MI                        0                                    7.850             0.375       0.0325     0.000               0.4075
      2503222410   CLIFTON                                              07011    NJ                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     510,000.00                     510,000.00   First Lien                                      0           510,000.00                         0.00                 600000              600000                    85.00               85.00   PMI                       LPMI                        22                                   9.7500            0.3750       0.0325    0.6900               1.0975
      2503222421   SOUTH OZONE PARK                                     11420    NY                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     560,500.00                     560,500.00   First Lien                                      0           560,500.00                         0.00                 590000              590000                    95.00               95.00   PMI                       BPMI                        30                                   8.0000            0.3750       0.0325    0.0000               0.4075
      0000000000   CHICAGO                                              60628    IL                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     168,000.00                     168,000.00   First Lien                                      0           168,000.00                         0.00                      -          210,000.00                    80.00               80.00   No MI                     NO MI                        0                                    8.500             0.375       0.0325     0.000               0.4075
      2503222473   CHICAGO                                              60639    IL                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     301,500.00                     301,500.00   First Lien                                      0           301,500.00                         0.00                 335000              335000                    90.00               90.00   PMI                       LPMI                        25                                  11.9900            0.3750       0.0325    1.4400               1.8475
      2503222505   PHOENIX                                              85041    AZ                             20070601                 20370501   FIXED                   No                                              360                    360                          360                     213,000.00                     213,000.00   First Lien                                      0           213,000.00                         0.00                      -          274,000.00                    77.74               77.74   No MI                     NO MI                        0                                    6.500             0.250       0.0325     0.000               0.2825
      2503222536   XXXXXXXXX                                            89014    NV                             20070601                 20370401   ARMS                    Yes                                             360                    480                          360                     283,500.00                     283,500.00   First Lien                                      0           283,500.00                         0.00                      -          315,000.00                    90.00               90.00   PMI                       BPMI                        25                                    6.875             0.375       0.0325     0.000               0.4075
      2503222572   ORLANDO                                              32839    FL                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     142,200.00                     142,200.00   First Lien                                      0           142,200.00                         0.00                 158000              158000                    90.00               90.00   PMI                       BPMI                        25                                   9.9700            0.3750       0.0325    0.0000               0.4075
      2503222577   ANAHEIM                                              92805    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     438,500.00                     438,500.00   First Lien                                      0           438,500.00                         0.00                      -          630,000.00                    69.61               69.61   No MI                     NO MI                        0                                    5.650             0.375       0.0325     0.000               0.4075
      2503222705   SALINAS                                              93906    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     534,750.00                     534,750.00   First Lien                                      0           534,750.00                         0.00                      -          575,000.00                    93.00               93.00   PMI                       LPMI                        30                                    6.650             0.375       0.0325     0.990               1.3975
      2503222714   PHOENIX                                              85008    AZ                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     179,910.00                     179,910.00   First Lien                                      0           179,910.00                         0.00                 199900              203000                    90.00               90.00   PMI                       LPMI                        25                                  12.0000            0.3750       0.0325    1.6100               2.0175
      2503222737   XXXXXX TREE                                          92252    CA                             20070601                 20370501   FIXED                   No                                              360                    360                          360                     328,000.00                     328,000.00   First Lien                                      0           328,000.00                         0.00                      -          410,000.00                    80.00               80.00   No MI                     NO MI                        0                                    7.125             0.250       0.0325     0.000               0.2825
      2503222750   CARMEL                                               46032    IN                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     507,450.00                     507,450.00   First Lien                                      0           597,000.00                    89,550.00                 597000              597000                    85.00              100.00   PMI                       BPMI                        22                                  10.0500            0.3750       0.0325    0.0000               0.4075
      3903000039   HIALEAH                                              33015    FL                             20050401                 20350301   ARMS                    No                                              360                    360                          335                     295,000.00                     294,895.00   First Lien                                      0           295,000.00                         0.00                 295000              295000                   100.00              100.00   PMI                       BPMI                        35                                   6.3750            0.3750       0.0325    0.0000               0.4075
      1103618137   XXXXXX                                               95650    CA                             20061001                 20360901   ARMS                    No                                              360                    360                          353                     663,200.00                     663,200.00   First Lien                                      0           746,100.00                    82,900.00                 829000              829000                    80.00               90.00   No MI                     NO MI                        0                                   7.2500            0.3750       0.0325    0.0000               0.4075
      1103642494   LYNDEN                                               98264    WA                             20070101                 20361201   ARMS                    No                                              360                    360                          356                     221,000.00                     221,000.00   First Lien                                      0           274,000.00                    53,000.00                      -          277,000.00                    79.79               98.92   No MI                     NO MI                        0                                    6.125             0.375       0.0325     0.000               0.4075
      1103643476   XXXXXX                                               05674    VT                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     281,250.00                     280,787.58   First Lien                                      0           315,000.00                    33,750.00                      -          375,000.00                    75.00               84.00   No MI                     NO MI                        0                                    7.000             0.375       0.0325     0.000               0.4075
      1103646168   VALLEJO                                              94589    CA                             20070301                 20370201   ARMS                    No                                              360                    360                          358                     300,000.00                     300,000.00   First Lien                                      0           337,500.00                    37,500.00                 375000              375000                    80.00               90.00   No MI                     NO MI                        0                                   7.8750            0.3750       0.0325    0.0000               0.4075
      1103646798   ORLANDO                                              11926    FL                             20070301                 20370201   ARMS                    No                                              360                    360                          358                     240,300.00                     240,069.95   First Lien                                      0           240,300.00                         0.00                      -          267,000.00                    90.00               90.00   LPMI                      LPMI                        25                                   11.550             0.375       0.0325     1.960               2.3675
      1103651163   MONTEBELLO                                           90640    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     460,000.00                     460,000.00   First Lien                                      0           460,000.00                         0.00                 575000              575000                    80.00               80.00   No MI                     NO MI                        0                                   7.1250            0.3750       0.0325    0.0000               0.4075
      1103655024   COLLEYVILLE                                          76034    TX                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     500,000.00                     498,977.96   First Lien                                      0           500,000.00                         0.00                 875000              929000                    57.15               57.15   No MI                     NO MI                        0                                   5.8750            0.3750       0.0325    0.0000               0.4075
      1103657475   SACRAMENTO                                           34934    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     238,000.00                     238,000.00   First Lien                                      0           272,000.00                    34,000.00                      -          340,000.00                    70.00               80.00   No MI                     NO MI                        0                                    6.375             0.375       0.0325     0.000               0.4075
      1103658445   MIAMI                                                33183    FL                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     257,000.00                     257,000.00   First Lien                                      0           257,000.00                         0.00                      -          405,000.00                    63.46               63.46   No MI                     NO MI                        0                                    6.990             0.375       0.0325     0.000               0.4075
      1103658486   HONOLULU                                             35292    HI                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     432,350.00                     432,350.00   First Lien                                      0           432,350.00                         0.00                 576500              577000                    75.00               75.00   No MI                     NO MI                        0                                   6.1250            0.3750       0.0325    0.0000               0.4075
      0000000000   XXXXXXXX XXXXX                                       00000    FL                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     442,500.00                     442,500.00   First Lien                                      0           442,500.00                         0.00                      -          590,000.00                    75.00               75.00   No MI                     NO MI                        0                                    6.700             0.375       0.0325     0.000               0.4075
      1103659421   LOS ANGELES                                          90042    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     500,000.00                     500,000.00   First Lien                                      0           500,000.00                         0.00                 626000              689000                    79.88               79.88   No MI                     NO MI                        0                                   7.3750            0.3750       0.0325    0.0000               0.4075
      1103660532   RIVERSIDE                                            33732    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     320,000.00                     320,000.00   First Lien                                      0           440,000.00                   120,000.00                      -          465,000.00                    68.82               94.63   No MI                     NO MI                        0                                    6.375             0.375       0.0325     0.000               0.4075
      1103660736   RODEO                                                94572    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     497,500.00                     497,500.00   First Lien                                      0           497,500.00                         0.00                      -          635,000.00                    78.35               78.35   No MI                     NO MI                        0                                    6.625             0.375       0.0325     0.000               0.4075
      1103661798   XXXX XXXXX XXXXX                                     00000    FL                             20070301                 20370201   ARMS                    No                                              360                    360                          358                     208,000.00                     208,000.00   First Lien                                      0           247,000.00                    39,000.00                      -          260,000.00                    80.00               95.00   No MI                     NO MI                        0                                    7.500             0.375       0.0325     0.000               0.4075
      1103661802   BROOKLYN                                             40588    NY                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     975,000.00                     975,000.00   First Lien                                      0         1,170,000.00                   195,000.00                1300000             1300000                    75.00               90.00   No MI                     NO MI                        0                                   7.8750            0.3750       0.0325    0.0000               0.4075
      1103661805   XXXXX XXXXX                                          00000    FL                             20070201                 20370101   ARMS                    No                                              360                    360                          357                   1,000,000.00                   1,000,000.00   First Lien                                      0         1,300,000.00                   300,000.00                1300000             1355000                    76.93              100.00   No MI                     NO MI                        0                                   7.8750            0.3750       0.0325    0.0000               0.4075
      1103661817   SAVANNAH                                             11428    GA                             20070301                 20370201   ARMS                    No                                              360                    360                          358                      52,000.00                      51,824.59   First Lien                                      0            52,000.00                         0.00                      -           65,000.00                    80.00               80.00   No MI                     NO MI                        0                                    8.000             0.375       0.0325     0.000               0.4075
      1103661824   XXXXXX XXXX                                          00000    MO                             20070401                 20370301   ARMS                    No                                              360                    360                          359                      76,400.00                      76,233.76   First Lien                                      0            87,038.00                    10,638.00                      -           97,000.00                    78.77               89.73   No MI                     NO MI                        0                                    7.625             0.375       0.0325     0.000               0.4075
      1103661840   PORTSMOUTH                                           45114    VA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     108,800.00                     108,800.00   First Lien                                      0           108,800.00                         0.00                 136000              146000                    80.00               80.00   No MI                     NO MI                        0                                   7.8750            0.3750       0.0325    0.0000               0.4075
      1103661871   XXXXX XXXXX                                          00000    IL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     132,000.00                     132,000.00   First Lien                                      0           132,000.00                         0.00                      -          170,000.00                    77.65               77.65   No MI                     NO MI                        0                                    8.250             0.375       0.0325     0.000               0.4075
      1103661875   CRYSTAL RIVER                                        12537    FL                             20070201                 20370101   ARMS                    No                                              360                    360                          357                     159,020.00                     159,020.00   First Lien                                      0           198,775.00                    39,755.00                 198775              300000                    80.00              100.00   No MI                     NO MI                        0                                   8.0000            0.3750       0.0325    0.0000               0.4075
      0000000000   XXXXX XXXXX                                          00000    OR                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     159,500.00                     159,169.50   First Lien                                      0           159,500.00                         0.00                 199375              240000                    80.00               80.00   No MI                     NO MI                        0                                   7.8750            0.3750       0.0325    0.0000               0.4075
      1103661889   GOODYEAR                                             85338    AZ                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     175,300.00                     175,300.00   First Lien                                      0           219,125.00                    43,825.00                 219171              260000                    79.99               99.98   No MI                     NO MI                        0                                   7.5000            0.3750       0.0325    0.0000               0.4075
      1103661896   WATERBURY                                            38908    CT                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     184,000.00                     183,628.80   First Lien                                      0           207,000.00                    23,000.00                      -          230,000.00                    80.00               90.00   No MI                     NO MI                        0                                    8.000             0.375       0.0325     0.000               0.4075
      1103661906   SAVANNAH                                             11414    GA                             20070301                 20370201   ARMS                    No                                              360                    360                          358                     195,000.00                     194,308.30   First Lien                                      0           195,000.00                         0.00                      -          260,000.00                    75.00               75.00   No MI                     NO MI                        0                                    7.750             0.375       0.0325     0.000               0.4075
      1103661920   DECATUR                                              30030    GA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     238,000.00                     238,000.00   First Lien                                      0           323,000.00                    85,000.00                 340000              349000                    70.00               95.00   No MI                     NO MI                        0                                   7.7500            0.3750       0.0325    0.0000               0.4075
      0000000000   XXXXXXXXXXX XXXXXXX                                  00000    NY                             20070301                 20370201   ARMS                    No                                              360                    360                          358                     260,000.00                     259,123.10   First Lien                                      0           260,000.00                         0.00                 325000              365000                    80.00               80.00   No MI                     NO MI                        0                                   8.0000            0.3750       0.0325    0.0000               0.4075
      1103661957   SCHAUMBURG                                           60194    IL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     312,000.00                     311,416.90   First Lien                                      0           312,000.00                         0.00                      -          390,000.00                    80.00               80.00   No MI                     NO MI                        0                                    8.375             0.375       0.0325     0.000               0.4075
      1103661973   SAN MARCOS                                           92069    CA                             20070201                 20370101   ARMS                    No                                              360                    360                          357                     380,000.00                     380,000.00   First Lien                                      0           380,000.00                         0.00                      -          485,000.00                    78.36               78.36   No MI                     NO MI                        0                                    6.750             0.375       0.0325     0.000               0.4075
      1103661977   MIAMI                                                12084    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     388,000.00                     388,000.00   First Lien                                      0           460,750.00                    72,750.00                 485000              515000                    80.00               95.00   No MI                     NO MI                        0                                   8.3750            0.3750       0.0325    0.0000               0.4075
      0000000000   XXXXXXXXXX XXXXX                                     00000    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     397,600.00                     397,600.00   First Lien                                      0           497,000.00                    99,400.00                 497000              500000                    80.00              100.00   No MI                     NO MI                        0                                   8.1250            0.3750       0.0325    0.0000               0.4075
      1103662022   HALLANDALE                                           33009    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     678,750.00                     678,750.00   First Lien                                      0           859,750.00                   181,000.00                 905000              905000                    75.00               95.00   No MI                     NO MI                        0                                   8.2500            0.3750       0.0325    0.0000               0.4075
      0000000000   PHOENIX                                              85086    AZ                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     880,000.00                     880,000.00   First Lien                                      0           880,000.00                         0.00                      -        1,100,000.00                    80.00               80.00   No MI                     NO MI                        0                                    8.250             0.375       0.0325     0.000               0.4075
      1103662266   TACOMA                                               35889    WA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     193,507.00                     193,507.00   First Lien                                      0           193,507.00                         0.00                      -          341,523.00                    56.66               56.66   No MI                     NO MI                        0                                    7.125             0.375       0.0325     0.000               0.4075
      1103662474   PLEASANTON                                           94588    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     417,500.00                     417,500.00   First Lien                                      0           417,500.00                         0.00                      -          650,000.00                    64.24               64.24   No MI                     NO MI                        0                                    5.990             0.375       0.0325     0.000               0.4075
      1103662651   SAN XXXX                                             34724    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     606,000.00                     606,000.00   First Lien                                      0           606,000.00                         0.00                      -          810,000.00                    74.82               74.82   No MI                     NO MI                        0                                    5.875             0.375       0.0325     0.000               0.4075
      1103662695   TAMPA                                                12217    FL                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     100,500.00                     100,500.00   First Lien                                      0           100,500.00                         0.00                      -          134,000.00                    75.00               75.00   No MI                     NO MI                        0                                    8.500             0.375       0.0325     0.000               0.4075
      1103662792   ADELANTO                                             33664    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     240,500.00                     240,500.00   First Lien                                      0           253,400.00                    12,900.00                      -          370,000.00                    65.00               68.49   No MI                     NO MI                        0                                    8.500             0.375       0.0325     0.000               0.4075
      0000000000   MIAMI                                                33142    FL                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     168,750.00                     168,750.00   First Lien                                      0           168,750.00                         0.00                      -          250,000.00                    67.50               67.50   No MI                     NO MI                        0                                    7.000             0.375       0.0325     0.000               0.4075
      1103663149   MIAMI                                                33179    FL                             20070601                 20370401   ARMS                    Yes                                             360                    480                          360                     306,000.00                     306,000.00   First Lien                                      0           306,000.00                         0.00                      -          340,000.00                    90.00               90.00   LPMI                      LPMI                        25                                    7.750             0.375       0.0325     0.790               1.1975
      0000000000   LOS ANGELES                                          33395    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     444,000.00                     444,000.00   First Lien                                      0           444,000.00                         0.00                      -          555,000.00                    80.00               80.00   No MI                     NO MI                        0                                    8.375             0.375       0.0325     0.000               0.4075
      1103663444   XXXXX XXXXX                                          00000    FL                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     450,850.00                     450,540.79   First Lien                                      0           450,850.00                         0.00                 474628              530000                    95.00               95.00   LPMI                      LPMI                        30                                  11.2000            0.3750       0.0325    2.4300               2.8375
      1103663486   MIAMI                                                33156    FL                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     492,000.00                     492,000.00   First Lien                                      0           492,000.00                         0.00                 615000              615000                    80.00               80.00   No MI                     NO MI                        0                                   8.7500            0.3750       0.0325    0.0000               0.4075
      1103663552   XXXXXXXXXXXXX XXXX XX XXX                            00000    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     302,250.00                     302,250.00   First Lien                                      0           395,250.00                    93,000.00                      -          465,000.00                    65.00               85.00   No MI                     NO MI                        0                                    6.500             0.375       0.0325     0.000               0.4075
      1103663555   PAIA                                                 96779    HI                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     476,000.00                     476,000.00   First Lien                                      0           476,000.00                         0.00                      -          595,000.00                    80.00               80.00   No MI                     NO MI                        0                                    7.125             0.375       0.0325     0.000               0.4075
      0000000000   FRESNO                                               34152    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     272,000.00                     272,000.00   First Lien                                      0           323,000.00                    51,000.00                      -          340,000.00                    80.00               95.00   No MI                     NO MI                        0                                    7.000             0.375       0.0325     0.000               0.4075
      1103663739   BOWIE                                                44032    MD                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     546,250.00                     546,250.00   First Lien                                      0           546,250.00                         0.00                 575000              580000                    95.00               95.00   LPMI                      LPMI                        30                                   8.6250            0.3750       0.0325    0.8600               1.2675
      1103663827   OAK CREEK                                            80467    CO                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     556,000.00                     556,000.00   First Lien                                      0           556,000.00                         0.00                 695000              696000                    80.00               80.00   No MI                     NO MI                        0                                   8.3750            0.3750       0.0325    0.0000               0.4075
      1103663993   REHOBOTH                                             02769    MA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     241,500.00                     241,500.00   First Lien                                      0           241,500.00                         0.00                      -          345,000.00                    70.00               70.00   No MI                     NO MI                        0                                    8.875             0.375       0.0325     0.000               0.4075
      1103664208   HAYMARKET                                            20169    VA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     920,000.00                     919,350.68   First Lien                                      0         1,092,500.00                   172,500.00                1150000             1175000                    80.00               95.00   No MI                     NO MI                        0                                   7.7500            0.3750       0.0325    0.0000               0.4075
      1103664215   WEST FRIENDSHIP                                      21794    MD                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     920,000.00                     920,000.00   First Lien                                      0           920,000.00                         0.00                      -        1,200,000.00                    76.67               76.67   No MI                     NO MI                        0                                    7.125             0.375       0.0325     0.000               0.4075
      1103664217   POTOMAC                                              20854    MD                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     400,000.00                     400,000.00   First Lien                                      0           400,000.00                         0.00                      -          510,000.00                    78.44               78.44   No MI                     NO MI                        0                                    7.375             0.375       0.0325     0.000               0.4075
      0000000000   XXXX XXXXX                                           00000    FL                             20070501                 20370401   ARMS                    Yes                                             360                    480                          360                     280,000.00                     279,930.67   First Lien                                      0           280,000.00                         0.00                 280000              285000                   100.00              100.00   LPMI                      LPMI                        35                                   8.5000            0.3750       0.0325    1.3500               1.7575
      1103664238   XXXXXXXX XXXXX                                       00000    FL                             20070501                 20370401   ARMS                    Yes                                             360                    480                          360                     318,000.00                     317,913.29   First Lien                                      0           318,000.00                         0.00                 318000              320000                   100.00              100.00   LPMI                      LPMI                        35                                   8.1700            0.3750       0.0325    1.5600               1.9675
      0000000000   XXXXXX                                               34669    FL                             20070501                 20370401   ARMS                    Yes                                             360                    480                          360                     155,000.00                     154,948.74   First Lien                                      0           155,000.00                         0.00                 155000              162000                   100.00              100.00   PMI                       BPMI                        35                                   7.5000            0.3750       0.0325    0.0000               0.4075
      1103664269   SPRINGFIELD                                          36899    MA                             20070501                 20370401   ARMS                    Yes                                             360                    480                          360                     163,750.00                     163,675.78   First Lien                                      0           163,750.00                         0.00                 163750              164000                   100.00              100.00   PMI                       BPMI                        35                                   6.3750            0.3750       0.0325    0.0000               0.4075
      1103664273   XXXX XXXXXXXXXX                                      00000    FL                             20070601                 20370401   ARMS                    Yes                                             360                    480                          360                     287,127.00                     287,127.00   First Lien                                      0           287,127.00                         0.00                 287127              290000                   100.00              100.00   PMI                       BPMI                        35                                   8.0000            0.3750       0.0325    0.0000               0.4075
      1103664287   XXXX BURNIE                                          21061    MD                             20070501                 20370401   ARMS                    Yes                                             360                    480                          360                     236,000.00                     235,929.91   First Lien                                      0           236,000.00                         0.00                      -          236,000.00                   100.00              100.00   PMI                       BPMI                        35                                    7.875             0.375       0.0325     0.000               0.4075
      1103664294   MIAMI                                                33162    FL                             20070501                 20370401   ARMS                    Yes                                             360                    480                          360                     410,000.00                     409,905.68   First Lien                                      0           410,000.00                         0.00                 410000              410000                   100.00              100.00   LPMI                      LPMI                        35                                   8.7500            0.3750       0.0325    0.9600               1.3675
      1103664306   FAIRBURN                                             11002    GA                             20070501                 20370401   ARMS                    Yes                                             360                    480                          360                     245,000.00                     244,945.69   First Lien                                      0           245,000.00                         0.00                 245000              250000                   100.00              100.00   LPMI                      LPMI                        35                                   8.8750            0.3750       0.0325    1.5600               1.9675
      1103664309   XXXXXXX XXXXX                                        00000    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     279,900.00                     279,900.00   First Lien                                      0           279,900.00                         0.00                 279900              279900                   100.00              100.00   PMI                       BPMI                        35                                   7.8750            0.3750       0.0325    0.0000               0.4075
      1103664315   XXXX XXXXXXXXXX                                      00000    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     450,000.00                     450,000.00   First Lien                                      0           450,000.00                         0.00                 450000              460000                   100.00              100.00   LPMI                      LPMI                        35                                   9.1250            0.3750       0.0325    1.6100               2.0175
      1103664408   WINDERMERE                                           34786    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     639,200.00                     639,200.00   First Lien                                      0           759,050.00                   119,850.00                 799000              820000                    80.00               95.00   No MI                     NO MI                        0                                   7.2500            0.3750       0.0325    0.0000               0.4075
      0000000000   MIAMI                                                33147    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     157,250.00                     157,250.00   First Lien                                      0           157,250.00                         0.00                      -          185,000.00                    85.00               85.00   LPMI                      LPMI                        22                                    8.750             0.375       0.0325     0.650               1.0575
      1103664410   XXXXXXXXX XXXXXXX                                    00000    FL                             20070501                 20370401   ARMS                    Yes                                             360                    480                          360                     141,210.00                     141,176.30   First Lien                                      0           141,210.00                         0.00                 156900              157000                    90.00               90.00   LPMI                      LPMI                        25                                   8.6250            0.3750       0.0325    0.9700               1.3775
      1103664412   TAMPA                                                12207    FL                             20070501                 20370401   ARMS                    Yes                                             360                    480                          360                     200,481.00                     200,434.88   First Lien                                      0           200,481.00                         0.00                 235861              260000                    85.00               85.00   LPMI                      LPMI                        22                                   8.7500            0.3750       0.0325    0.9400               1.3475
      1103664414   ORLANDO                                              11912    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     178,505.00                     178,505.00   First Lien                                      0           178,505.00                         0.00                 187900              195000                    95.00               95.00   PMI                       BPMI                        30                                   7.8750            0.3750       0.0325    0.0000               0.4075
      1103664415   PUYALLUP                                             98375    WA                             20070501                 20370401   ARMS                    Yes                                             360                    480                          360                     480,000.00                     479,817.13   First Lien                                      0           480,000.00                         0.00                      -          650,000.00                    73.85               73.85   No MI                     NO MI                        0                                    7.000             0.375       0.0325     0.000               0.4075
      1103664416   ORLANDO                                              32835    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     495,000.00                     495,000.00   First Lien                                      0           495,000.00                         0.00                      -          555,000.00                    89.19               89.19   PMI                       BPMI                        25                                    7.500             0.375       0.0325     0.000               0.4075
      1103664418   MIAMI                                                33176    FL                             20070501                 20370401   ARMS                    Yes                                             360                    480                          360                     128,000.00                     127,957.67   First Lien                                      0           128,000.00                         0.00                      -          160,000.00                    80.00               80.00   No MI                     NO MI                        0                                    7.500             0.375       0.0325     0.000               0.4075
      1103664420   PARRISH                                              12469    FL                             20070401                 20370401   ARMS                    Yes                                             360                    480                          359                     320,400.00                     320,215.83   First Lien                                      0           320,400.00                         0.00                 358500              430000                    89.38               89.38   LPMI                      LPMI                        25                                   8.0000            0.3750       0.0325    0.7200               1.1275
      0000000000   KISSIMMEE                                            34759    FL                             20070501                 20370301   ARMS                    Yes                                             360                    480                          360                     216,000.00                     215,928.57   First Lien                                      0           216,000.00                         0.00                 270000              310000                    80.00               80.00   No MI                     NO MI                        0                                   7.5000            0.3750       0.0325    0.0000               0.4075
      1103664426   NORTH LAUDERDALE                                     33068    FL                             20070601                 20370401   ARMS                    Yes                                             360                    480                          360                     180,500.00                     180,500.00   First Lien                                      0           180,500.00                         0.00                      -          190,000.00                    95.00               95.00   LPMI                      LPMI                        30                                    8.000             0.375       0.0325     0.690               1.0975
      1103664427   TAMPA                                                12209    FL                             20070501                 20370401   ARMS                    Yes                                             360                    480                          360                     109,600.00                     109,561.09   First Lien                                      0           109,600.00                         0.00                      -          137,000.00                    80.00               80.00   No MI                     NO MI                        0                                    7.250             0.375       0.0325     0.000               0.4075
      1103664428   XXXXXXX XXXXX                                        00000    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     284,000.00                     283,783.90   First Lien                                      0           284,000.00                         0.00                      -          355,000.00                    80.00               80.00   No MI                     NO MI                        0                                    7.375             0.375       0.0325     0.000               0.4075
      1103664431   CENTERTON                                            26499    AR                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     239,760.00                     239,603.17   First Lien                                      0           239,760.00                         0.00                      -          267,000.00                    89.80               89.80   PMI                       BPMI                        25                                    8.125             0.375       0.0325     0.000               0.4075
      1103664432   NEW BRUNSWICK                                        39692    NJ                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     298,000.00                     297,805.07   First Lien                                      0           298,000.00                         0.00                      -          381,000.00                    78.22               78.22   No MI                     NO MI                        0                                    8.125             0.375       0.0325     0.000               0.4075
      1103664434   LEHIGH ACRES                                         33936    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     246,810.00                     246,660.48   First Lien                                      0           246,810.00                         0.00                 259800              280000                    95.00               95.00   LPMI                      LPMI                        30                                   8.5000            0.3750       0.0325    2.0800               2.4875
      1103664435   MIAMI                                                12084    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     640,000.00                     640,000.00   First Lien                                      0           640,000.00                         0.00                 800000              805000                    80.00               80.00   No MI                     NO MI                        0                                   8.2500            0.3750       0.0325    0.0000               0.4075
      1103664436   CORAL SPRINGS                                        33065    FL                             20070501                 20370401   ARMS                    Yes                                             360                    480                          360                     156,000.00                     155,953.67   First Lien                                      0           156,000.00                         0.00                 176000              191000                    88.64               88.64   LPMI                      LPMI                        25                                   7.8750            0.3750       0.0325    1.1200               1.5275
      1103664437   XXXXX XXXXXXXXXX                                     00000    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     140,000.00                     139,910.73   First Lien                                      0           140,000.00                         0.00                      -          170,000.00                    82.36               82.36   PMI                       BPMI                        12                                    8.250             0.375       0.0325     0.000               0.4075
      1103664438   HOLLYWOOD                                            33020    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     499,900.00                     499,900.00   First Lien                                      0           499,900.00                         0.00                 560000              580000                    89.27               89.27   PMI                       BPMI                        25                                   8.5000            0.3750       0.0325    0.0000               0.4075
      1103664439   ORLANDO                                              11910    FL                             20070501                 20370401   ARMS                    Yes                                             360                    480                          360                      87,660.00                      87,628.87   First Lien                                      0            87,660.00                         0.00                  97900               98000                    89.55               89.55   PMI                       BPMI                        25                                   7.2500            0.3750       0.0325    0.0000               0.4075
      0000000000   ORLANDO                                              11909    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     112,000.00                     111,918.94   First Lien                                      0           112,000.00                         0.00                      -          168,000.00                    66.67               66.67   No MI                     NO MI                        0                                    7.625             0.375       0.0325     0.000               0.4075
      1103664442   ORLANDO                                              11909    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     112,000.00                     111,918.94   First Lien                                      0           112,000.00                         0.00                      -          169,000.00                    66.28               66.28   No MI                     NO MI                        0                                    7.625             0.375       0.0325     0.000               0.4075
      1103664443   JACKSONVILLE                                         11736    FL                             20070501                 20370401   ARMS                    Yes                                             360                    480                          360                     193,500.00                     193,446.55   First Lien                                      0           193,500.00                         0.00                      -          215,000.00                    90.00               90.00   LPMI                      LPMI                        25                                    8.125             0.375       0.0325     1.220               1.6275
      1103664444   ORLANDO                                              11913    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                      94,900.00                      94,900.00   First Lien                                      0            94,900.00                         0.00                  99900              100000                    95.00               95.00   PMI                       BPMI                        30                                   7.7500            0.3750       0.0325    0.0000               0.4075
      1103664445   ORLANDO                                              11922    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     270,720.00                     270,556.00   First Lien                                      0           270,720.00                         0.00                 338400              382000                    80.00               80.00   No MI                     NO MI                        0                                   8.5000            0.3750       0.0325    0.0000               0.4075
      1103664446   ORLANDO                                              11919    FL                             20070501                 20370401   ARMS                    Yes                                             360                    480                          360                     137,250.00                     137,217.24   First Lien                                      0           137,250.00                         0.00                 152500              185000                    90.00               90.00   LPMI                      LPMI                        25                                   8.6250            0.3750       0.0325    0.9900               1.3975
      1103664447   KISSIMMEE                                            34746    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     338,310.00                     338,310.00   First Lien                                      0           338,310.00                         0.00                 375901              376000                    90.00               90.00   PMI                       BPMI                        25                                   7.0000            0.3750       0.0325    0.0000               0.4075
      1103664448   XXXX XXX XXXXX                                       00000    PA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     127,600.00                     127,500.46   First Lien                                      0           127,600.00                         0.00                      -          143,500.00                    88.92               88.92   LPMI                      LPMI                        25                                    7.250             0.375       0.0325     0.370               0.7775
      1103664449   HIALEAH                                              33015    FL                             20070501                 20370401   ARMS                    Yes                                             360                    480                          360                     304,000.00                     303,899.46   First Lien                                      0           304,000.00                         0.00                 380000              385000                    80.00               80.00   No MI                     NO MI                        0                                   7.5000            0.3750       0.0325    0.0000               0.4075
      1103664450   LAUDERHILL                                           12126    FL                             20070501                 20370401   ARMS                    Yes                                             360                    480                          360                     292,500.00                     292,430.18   First Lien                                      0           292,500.00                         0.00                 325000              340000                    90.00               90.00   LPMI                      LPMI                        25                                   8.6250            0.3750       0.0325    0.8700               1.2775
      1103664451   WINTER SPRINGS                                       11878    FL                             20070501                 20370401   ARMS                    Yes                                             360                    480                          360                     396,000.00                     395,859.40   First Lien                                      0           396,000.00                         0.00                      -          495,000.00                    80.00               80.00   No MI                     NO MI                        0                                    7.250             0.375       0.0325     0.000               0.4075
      0000000000   XXXX XXXX                                            32746    FL                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     148,500.00                     148,500.00   First Lien                                      0           148,500.00                         0.00                 165000              175000                    90.00               90.00   PMI                       BPMI                        25                                   8.0000            0.3750       0.0325    0.0000               0.4075
      1103664459   GROVELAND                                            34736    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     875,000.00                     875,000.00   First Lien                                      0         1,175,750.00                   300,750.00                      -        1,250,000.00                    70.00               94.06   No MI                     NO MI                        0                                    8.500             0.375       0.0325     0.000               0.4075
      1103664462   FREDERICK                                            44380    MD                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     221,400.00                     221,400.00   First Lien                                      0           221,400.00                         0.00                      -          246,000.00                    90.00               90.00   LPMI                      LPMI                        25                                    8.875             0.375       0.0325     1.170               1.5775
      1103664463   VILLA RICA                                           30180    GA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     187,981.00                     187,981.00   First Lien                                      0           187,981.00                         0.00                 197875              202000                    95.00               95.00   LPMI                      LPMI                        30                                   9.1250            0.3750       0.0325    1.7100               2.1175
      1103664464   CHICAGO                                              60647    IL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     468,000.00                     467,730.74   First Lien                                      0           468,000.00                         0.00                 520000              520000                    90.00               90.00   LPMI                      LPMI                        25                                   8.7500            0.3750       0.0325    0.6400               1.0475
      0000000000   PENNSBURG                                            18073    PA                             20070501                 20370401   ARMS                    Yes                                             360                    480                          360                     208,165.00                     208,100.91   First Lien                                      0           208,165.00                         0.00                 244900              245000                    85.00               85.00   LPMI                      LPMI                        22                                   7.7500            0.3750       0.0325    0.3900               0.7975
      1103664467   XXXX ELLYN                                           60137    IL                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     445,590.00                     445,590.00   First Lien                                      0           445,590.00                         0.00                 495100              640000                    90.00               90.00   PMI                       BPMI                        25                                   7.0000            0.3750       0.0325    0.0000               0.4075
      1103664470   CLINTON                                              20735    MD                             20070501                 20370401   ARMS                    Yes                                             360                    480                          360                     499,500.00                     499,346.22   First Lien                                      0           499,500.00                         0.00                      -          555,000.00                    90.00               90.00   PMI                       BPMI                        25                                    7.750             0.375       0.0325     0.000               0.4075
      1103664473   ANNAPOLIS                                            44287    MD                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     594,700.00                     594,700.00   First Lien                                      0           594,700.00                         0.00                 626000              650000                    95.00               95.00   PMI                       BPMI                        30                                   8.2500            0.3750       0.0325    0.0000               0.4075
      1103664477   XXXXX XXXX                                           20769    MD                             20070501                 20370401   ARMS                    Yes                                             360                    480                          360                     337,500.00                     337,396.10   First Lien                                      0           337,500.00                         0.00                      -          375,000.00                    90.00               90.00   LPMI                      LPMI                        25                                    7.750             0.375       0.0325     0.770               1.1775
      1103664480   ANAHEIM                                              33821    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     580,000.00                     580,000.00   First Lien                                      0           580,000.00                         0.00                      -          725,000.00                    80.00               80.00   No MI                     NO MI                        0                                    7.000             0.375       0.0325     0.000               0.4075
      1103664481   PUNTA GORDA                                          33955    FL                             20070501                 20370401   ARMS                    No                                              360                    360                          360                      65,000.00                      64,952.95   First Lien                                      0            65,000.00                         0.00                      -          455,000.00                    14.29               14.29   No MI                     NO MI                        0                                    7.625             0.375       0.0325     0.000               0.4075
      1103664484   VAIL                                                 85641    AZ                             20070501                 20370401   ARMS                    Yes                                             360                    480                          360                     230,062.00                     229,991.17   First Lien                                      0           230,062.00                         0.00                 242171              243000                    95.00               95.00   LPMI                      LPMI                        30                                   7.7500            0.3750       0.0325    0.6200               1.0275
      1103664485   MARANA                                               85653    AZ                             20070501                 20370401   ARMS                    Yes                                             360                    480                          360                     246,188.00                     246,137.33   First Lien                                      0           246,188.00                         0.00                 259146              260000                    95.00               95.00   LPMI                      LPMI                        30                                   9.1250            0.3750       0.0325    1.4500               1.8575
      1103664488   NORTHFIELD                                           39503    NJ                             20070501                 20370401   ARMS                    Yes                                             360                    480                          360                     279,200.00                     279,100.87   First Lien                                      0           279,200.00                         0.00                      -          349,000.00                    80.00               80.00   No MI                     NO MI                        0                                    7.250             0.375       0.0325     0.000               0.4075
      0000000000   SPARKS                                               89431    NV                             20070501                 20370401   ARMS                    Yes                                             360                    480                          360                     152,000.00                     151,946.03   First Lien                                      0           171,000.00                    19,000.00                      -          190,000.00                    80.00               90.00   No MI                     NO MI                        0                                    7.250             0.375       0.0325     0.000               0.4075
      1103664491   RENO                                                 32640    NV                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     176,000.00                     176,000.00   First Lien                                      0           176,000.00                         0.00                      -          220,000.00                    80.00               80.00   No MI                     NO MI                        0                                    7.125             0.375       0.0325     0.000               0.4075
      1103664690   SURPRISE                                             85379    AZ                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     304,000.00                     304,000.00   First Lien                                      0           304,000.00                         0.00                 320000              320000                    95.00               95.00   LPMI                      LPMI                        30                                   7.7500            0.3750       0.0325    1.0100               1.4175
      1103664824   RIVERSIDE                                            33731    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     269,100.00                     269,100.00   First Lien                                      0           269,100.00                         0.00                 299000              315000                    90.00               90.00   LPMI                      LPMI                        25                                   9.3750            0.3750       0.0325    0.6400               1.0475
      1103664858   CITY OF INDIO                                        33637    CA                             20070301                 20370201   ARMS                    No                                              360                    360                          358                     284,952.00                     284,952.00   First Lien                                      0           356,190.00                    71,238.00                 356190              368000                    80.00              100.00   No MI                     NO MI                        0                                   7.1250            0.3750       0.0325    0.0000               0.4075
      1103664892   TAMPA                                                12218    FL                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     200,000.00                     200,000.00   First Lien                                      0           200,000.00                         0.00                      -          252,000.00                    79.37               79.37   No MI                     NO MI                        0                                    8.875             0.375       0.0325     0.000               0.4075
      1103664893   TAMPA                                                12218    FL                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     200,000.00                     200,000.00   First Lien                                      0           200,000.00                         0.00                      -          252,000.00                    79.37               79.37   No MI                     NO MI                        0                                    8.875             0.375       0.0325     0.000               0.4075
      1103664897   SPRING HILL                                          12577    FL                             20070601                 20370401   ARMS                    Yes                                             360                    480                          360                     403,200.00                     403,107.25   First Lien                                      0           403,200.00                         0.00                      -          448,000.00                    90.00               90.00   LPMI                      LPMI                        25                                    8.750             0.375       0.0325     1.020               1.4275
      1103664903   HOMEWOOD                                             22036    IL                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     247,000.00                     246,875.27   First Lien                                      0           247,000.00                         0.00                      -          260,000.00                    95.00               95.00   LPMI                      LPMI                        30                                    9.375             0.375       0.0325     1.610               2.0175
      0000000000   XXXXX XXXXXXX                                        00000    FL                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     128,000.00                     128,000.00   First Lien                                      0           128,000.00                         0.00                      -          160,000.00                    80.00               80.00   No MI                     NO MI                        0                                    8.625             0.375       0.0325     0.000               0.4075
      1103665020   SANTA XXX                                            33790    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     256,500.00                     256,500.00   First Lien                                      0           256,500.00                         0.00                 270000              300000                    95.00               95.00   LPMI                      LPMI                        30                                   9.8750            0.3750       0.0325    0.9800               1.3875
      1103665119   SAN BERNARDINO                                       33701    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     300,000.00                     300,000.00   First Lien                                      0           375,000.00                    75,000.00                 375000              375000                    80.00              100.00   No MI                     NO MI                        0                                   6.5000            0.3750       0.0325    0.0000               0.4075
      1103665121   XXXXXX VALLEY                                        92551    CA                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     396,000.00                     395,624.26   First Lien                                      0           495,000.00                    99,000.00                      -          495,000.00                    80.00              100.00   No MI                     NO MI                        0                                    6.250             0.375       0.0325     0.000               0.4075
      1103665138   PARK CIY                                             84098    UT                             20070401                 20370301   ARMS                    No                                              360                    360                          359                     426,400.00                     426,400.00   First Lien                                      0           479,700.00                    53,300.00                 533000              535000                    80.00               90.00   No MI                     NO MI                        0                                   7.0000            0.3750       0.0325    0.0000               0.4075
      1103665139   PARK CITY                                            84098    UT                             20070201                 20370101   ARMS                    No                                              360                    360                          357                     324,000.00                     324,000.00   First Lien                                      0           384,750.00                    60,750.00                      -          405,000.00                    80.00               95.00   No MI                     NO MI                        0                                    7.625             0.375       0.0325     0.000               0.4075
      1103665146   BELLFLOWER                                           33060    CA                             20070301                 20370201   ARMS                    No                                              360                    360                          358                     468,000.00                     467,606.82   First Lien                                      0           585,000.00                   117,000.00                 585000              585000                    80.00              100.00   No MI                     NO MI                        0                                   6.8750            0.3750       0.0325    0.0000               0.4075
      1103665338   TULARE                                               93274    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     137,750.00                     137,750.00   First Lien                                      0           137,750.00                         0.00                 145000              145000                    95.00               95.00   PMI                       BPMI                        30                                  10.3750            0.3750       0.0325    0.0000               0.4075
      0000000000   JACKSONVILLE                                         11735    FL                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     108,900.00                     108,850.53   First Lien                                      0           108,900.00                         0.00                 121000              125000                    90.00               90.00   LPMI                      LPMI                        25                                   9.8750            0.3750       0.0325    0.5900               0.9975
      2503214663   BRADENTON                                            12452    FL                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     446,000.00                     446,000.00   First Lien                                      0           574,212.00                   128,212.00                      -          655,000.00                    68.10               87.67   No MI                     NO MI                        0                                    6.750             0.375       0.0325     0.000               0.4075
      2503214703   DETROIT                                              17568    MI                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     103,500.00                     103,500.00   First Lien                                      0           103,500.00                         0.00                 115000              115000                    90.00               90.00   LPMI                      LPMI                        25                                  10.2250            0.3750       0.0325    0.6700               1.0775
      2503215275   XXXXXXX XXXX                                         00000    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     367,500.00                     367,500.00   First Lien                                      0           472,500.00                   105,000.00                      -          525,000.00                    70.00               90.00   No MI                     NO MI                        0                                    5.750             0.375       0.0325     0.000               0.4075
      2503215904   KISSIMMEE                                            34746    FL                             20070701                 20370601   ARMS                    No                                              360                    360                          360                     313,550.00                     313,550.00   First Lien                                      0           313,550.00                         0.00                 391990              395000                    79.99               79.99   No MI                     NO MI                        0                                   8.9900            0.3750       0.0325    0.0000               0.4075
      2503216874   SAN DIEGO                                            33620    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     220,000.00                     220,000.00   First Lien                                      0           275,000.00                    55,000.00                      -          275,000.00                    80.00              100.00   No MI                     NO MI                        0                                    6.500             0.375       0.0325     0.000               0.4075
      2503217430   CARLSBAD                                             92008    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     342,000.00                     342,000.00   First Lien                                      0           542,000.00                   200,000.00                      -          654,000.00                    52.30               82.88   No MI                     NO MI                        0                                    5.500             0.375       0.0325     0.000               0.4075
      2503217555   BAKERSFIELD                                          34039    CA                             20070501                 20370401   ARMS                    No                                              360                    360                          360                     170,000.00                     170,000.00   First Lien                                      0           170,000.00                         0.00                      -          290,000.00                    58.63               58.63   No MI                     NO MI                        0                                    6.250             0.375       0.0325     0.000               0.4075
      2503218745   LAS VEGAS                                            32526    NV                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     190,350.00                     190,350.00   First Lien                                      0           190,350.00                         0.00                 237990              251000                    79.99               79.99   No MI                     NO MI                        0                                   6.1800            0.3750       0.0325    0.0000               0.4075
      2503218746   ORLANDO                                              11923    FL                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     185,200.00                     185,200.00   First Lien                                      0           219,700.00                    34,500.00                      -          231,500.00                    80.00               94.91   No MI                     NO MI                        0                                    6.560             0.375       0.0325     0.000               0.4075
      2503219035   DENVER                                               29274    CO                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     112,000.00                     112,000.00   First Lien                                      0           112,000.00                         0.00                      -          253,000.00                    44.27               44.27   No MI                     NO MI                        0                                    6.250             0.375       0.0325     0.000               0.4075
      2503219105   CORONA                                               92879    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     444,000.00                     444,000.00   First Lien                                      0           444,000.00                         0.00                      -          555,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.250             0.375       0.0325     0.000               0.4075
      2503219136   SUNRISE                                              12136    FL                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     264,000.00                     264,000.00   First Lien                                      0           264,000.00                         0.00                      -          330,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.990             0.375       0.0325     0.000               0.4075
      2503219467   KISSIMMEE                                            34741    FL                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     281,250.00                     281,250.00   First Lien                                      0           281,250.00                         0.00                      -          398,000.00                    70.67               70.67   No MI                     NO MI                        0                                    6.990             0.375       0.0325     0.000               0.4075
      2503219561   CARLSBAD                                             92009    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     279,000.00                     279,000.00   First Lien                                      0           279,000.00                         0.00                      -          456,000.00                    61.19               61.19   No MI                     NO MI                        0                                    6.375             0.375       0.0325     0.000               0.4075
      2503219758   DENVER                                               29275    CO                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     120,500.00                     120,500.00   First Lien                                      0           120,500.00                         0.00                      -          154,000.00                    78.25               78.25   No MI                     NO MI                        0                                    6.750             0.375       0.0325     0.000               0.4075
      2503219991   OVIEDO                                               32765    FL                             20070701                 20370601   ARMS                    No                                              360                    360                          360                     227,400.00                     227,400.00   First Lien                                      0           227,400.00                         0.00                 239400              263400                    94.99               94.99   Radian Guaranty           BPMI                        30                                  10.0000            0.3750       0.0325    0.0000               0.4075
      2503219998   XXX XXXXXXX XXXX                                     00000    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     397,500.00                     397,500.00   First Lien                                      0           397,500.00                         0.00                      -          530,000.00                    75.00               75.00   No MI                     NO MI                        0                                    7.500             0.375       0.0325     0.000               0.4075
      2503220195   BROOKLYN                                             40587    NY                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     596,000.00                     596,000.00   First Lien                                      0           745,000.00                   149,000.00                 745000              765000                    80.00              100.00   No MI                     NO MI                        0                                   7.3750            0.3750       0.0325    0.0000               0.4075
      2503220202   CHICAGO                                              22086    IL                             20070701                 20370601   ARMS                    No                                              360                    360                          360                      98,100.00                      98,100.00   First Lien                                      0            98,100.00                         0.00                 109000              109000                    90.00               90.00   LPMI                      LPMI                        25                                  10.6000            0.3750       0.0325    0.8200               1.2275
      2503220475   BLOOMINGTON                                          55437    MN                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     137,000.00                     137,000.00   First Lien                                      0           172,000.00                    35,000.00                      -          185,000.00                    74.06               92.98   No MI                     NO MI                        0                                    6.125             0.375       0.0325     0.000               0.4075
      2503220490   XXXXXX                                               85236    AZ                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     159,000.00                     159,000.00   First Lien                                      0           159,000.00                         0.00                      -          350,000.00                    45.43               45.43   No MI                     NO MI                        0                                    6.250             0.375       0.0325     0.000               0.4075
      0000000000   SAN XXXX                                             95148    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     425,500.00                     425,500.00   First Lien                                      0           544,696.00                   119,196.00                      -          785,000.00                    54.21               69.39   No MI                     NO MI                        0                                    6.375             0.375       0.0325     0.000               0.4075
      2503220534   JUPITER                                              33458    FL                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     162,000.00                     162,000.00   First Lien                                      0           162,000.00                         0.00                      -          291,000.00                    55.68               55.68   No MI                     NO MI                        0                                    6.250             0.375       0.0325     0.000               0.4075
      0000000000   JUPITER                                              33458    FL                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     169,650.00                     169,650.00   First Lien                                      0           169,650.00                         0.00                      -          260,000.00                    65.25               65.25   No MI                     NO MI                        0                                    6.375             0.375       0.0325     0.000               0.4075
      2503220773   BROOKLYN                                             40595    NY                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     540,000.00                     540,000.00   First Lien                                      0           540,000.00                         0.00                      -          675,000.00                    80.00               80.00   No MI                     NO MI                        0                                    8.720             0.375       0.0325     0.000               0.4075
      2503220885   XXXX XXXXXXX                                         00000    FL                             20070701                 20370601   ARMS                    No                                              360                    360                          360                     185,400.00                     185,400.00   First Lien                                      0           185,400.00                         0.00                 206000              206000                    90.00               90.00   LPMI                      LPMI                        25                                  11.5000            0.3750       0.0325    1.4400               1.8475
      2503220903   WEST XXXXXXXXXX                                      00000    XX                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     343,000.00                     343,000.00   First Lien                                      0           441,000.00                    98,000.00                      -          490,000.00                    70.00               90.00   No MI                     NO MI                        0                                    6.850             0.375       0.0325     0.000               0.4075
      2503221019   LEHIGH ACRES                                         33971    FL                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     232,500.00                     232,500.00   First Lien                                      0           294,500.00                    62,000.00                      -          310,000.00                    75.00               95.00   No MI                     NO MI                        0                                    8.250             0.375       0.0325     0.000               0.4075
      0000000000   SACRAMENTO                                           95842    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     330,000.00                     330,000.00   First Lien                                      0           330,000.00                         0.00                      -          330,000.00                   100.00              100.00   LPMI                      LPMI                        35                                    6.750             0.375       0.0325     0.640               1.0475
      2503221039   OSSINING                                             10562    NY                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     406,000.00                     406,000.00   First Lien                                      0           406,000.00                         0.00                      -          580,000.00                    70.00               70.00   No MI                     NO MI                        0                                    6.250             0.375       0.0325     0.000               0.4075
      2503221100   LOS ANGELES                                          90016    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     586,500.00                     586,500.00   First Lien                                      0           586,500.00                         0.00                      -          690,000.00                    85.00               85.00   LPMI                      LPMI                        22                                    6.890             0.375       0.0325     0.390               0.7975
      2503221230   INGLEWOOD                                            32933    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     300,000.00                     300,000.00   First Lien                                      0           300,000.00                         0.00                      -          520,000.00                    57.70               57.70   No MI                     NO MI                        0                                    6.000             0.375       0.0325     0.000               0.4075
      2503221374   LEHIGH ACRES                                         33936    FL                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     160,000.00                     160,000.00   First Lien                                      0           160,000.00                         0.00                      -          231,000.00                    69.27               69.27   No MI                     NO MI                        0                                    6.990             0.375       0.0325     0.000               0.4075
      2503221398   STOCKTON                                             34736    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     323,000.00                     323,000.00   First Lien                                      0           323,000.00                         0.00                      -          367,000.00                    88.02               88.02   Radian Guaranty           BPMI                        25                                    7.990             0.375       0.0325     0.000               0.4075
      2503221439   TAMPA                                                12207    FL                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     234,000.00                     234,000.00   First Lien                                      0           234,000.00                         0.00                      -          335,000.00                    69.86               69.86   No MI                     NO MI                        0                                    7.350             0.375       0.0325     0.000               0.4075
      2503221440   VICTORVILLE                                          92392    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     280,800.00                     280,800.00   First Lien                                      0           280,800.00                         0.00                      -          351,000.00                    80.00               80.00   No MI                     NO MI                        0                                    7.500             0.375       0.0325     0.000               0.4075
      0000000000   BARTOW                                               12296    FL                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     107,000.00                     107,000.00   First Lien                                      0           107,000.00                         0.00                      -          153,000.00                    69.94               69.94   No MI                     NO MI                        0                                    7.150             0.375       0.0325     0.000               0.4075
      2503221582   VICTORVILLE                                          92392    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     365,000.00                     365,000.00   First Lien                                      0           365,000.00                         0.00                      -          413,000.00                    88.38               88.38   LPMI                      LPMI                        25                                    6.580             0.375       0.0325     0.660               1.0675
      2503221638   AREA OF LUCERNE VALLEY                               92356    CA                             20070601                 20370401   ARMS                    Yes                                             360                    480                          360                     116,000.00                     116,000.00   First Lien                                      0           145,000.00                    29,000.00                 145000              150000                    80.00              100.00   No MI                     NO MI                        0                                   7.8500            0.3750       0.0325    0.0000               0.4075
      2503221639   XXXX XXXXXXXXXX                                      00000    FL                             20070601                 20370401   ARMS                    Yes                                             360                    480                          360                     360,905.00                     360,905.00   First Lien                                      0           360,905.00                         0.00                 379900              400000                    95.00               95.00   Radian Guaranty           BPMI                        30                                   9.7100            0.3750       0.0325    0.0000               0.4075
      2503221660   PHOENIX                                              85016    AZ                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     752,500.00                     752,500.00   First Lien                                      0           752,500.00                         0.00                      -        1,501,476.00                    50.12               50.12   No MI                     NO MI                        0                                    6.550             0.375       0.0325     0.000               0.4075
      2503221734   CASTAIC                                              91384    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     592,000.00                     592,000.00   First Lien                                      0           592,000.00                         0.00                      -          630,000.00                    93.97               93.97   LPMI                      LPMI                        30                                    6.590             0.375       0.0325     0.820               1.2275
      2503222011   LOS ANGELES                                          90018    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     528,000.00                     528,000.00   First Lien                                      0           528,000.00                         0.00                      -          660,000.00                    80.00               80.00   No MI                     NO MI                        0                                    7.500             0.375       0.0325     0.000               0.4075
      2503222019   SOUTH JORDAN                                         84095    UT                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     457,600.00                     457,600.00   First Lien                                      0           572,000.00                   114,400.00                      -          572,000.00                    80.00              100.00   No MI                     NO MI                        0                                    6.290             0.375       0.0325     0.000               0.4075
      2503222030   TULARE                                               93274    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     309,100.00                     309,100.00   First Lien                                      0           309,100.00                         0.00                      -          503,000.00                    61.46               61.46   No MI                     NO MI                        0                                    6.990             0.375       0.0325     0.000               0.4075
      2503222113   PLUMAS LAKE                                          95961    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     324,000.00                     324,000.00   First Lien                                      0           324,000.00                         0.00                      -          405,000.00                    80.00               80.00   No MI                     NO MI                        0                                    7.420             0.375       0.0325     0.000               0.4075
      2503222136   RENTON                                               98056    WA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     431,250.00                     431,250.00   First Lien                                      0           431,250.00                         0.00                      -          575,000.00                    75.00               75.00   No MI                     NO MI                        0                                    6.375             0.375       0.0325     0.000               0.4075
      2503222167   PICO XXXXXX                                          90660    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     434,400.00                     434,400.00   First Lien                                      0           434,400.00                         0.00                 543900              543000                    80.00               80.00   No MI                     NO MI                        0                                   6.6000            0.3750       0.0325    0.0000               0.4075
      2503222198   LOS ANGELES                                          90029    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     450,000.00                     450,000.00   First Lien                                      0           450,000.00                         0.00                      -          685,000.00                    65.70               65.70   No MI                     NO MI                        0                                    6.625             0.375       0.0325     0.000               0.4075
      2503222214   SALINAS                                              34218    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     340,000.00                     340,000.00   First Lien                                      0           340,000.00                         0.00                      -          560,000.00                    60.72               60.72   No MI                     NO MI                        0                                    7.050             0.375       0.0325     0.000               0.4075
      2503222225   STOCKTON                                             34742    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     440,000.00                     440,000.00   First Lien                                      0           550,000.00                   110,000.00                 550000              550000                    80.00              100.00   No MI                     NO MI                        0                                   8.8500            0.3750       0.0325    0.0000               0.4075
      0000000000   LOS ANGELES                                          90002    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     283,950.00                     283,950.00   First Lien                                      0           283,950.00                         0.00                 315500              335000                    90.00               90.00   LPMI                      LPMI                        25                                  10.3750            0.3750       0.0325    0.9200               1.3275
      2503222247   VAN NUYS                                             33333    CA                             20070601                 20370401   ARMS                    Yes                                             360                    480                          360                     430,000.00                     430,000.00   First Lien                                      0           430,000.00                         0.00                      -          570,000.00                    75.44               75.44   No MI                     NO MI                        0                                    6.500             0.375       0.0325     0.000               0.4075
      2503222346   LOMBARD                                              60148    IL                             20070601                 20370401   ARMS                    Yes                                             360                    480                          360                     196,000.00                     196,000.00   First Lien                                      0           196,000.00                         0.00                      -          245,000.00                    80.00               80.00   No MI                     NO MI                        0                                    7.750             0.375       0.0325     0.000               0.4075
      2503222413   XX XXXX                                              00000    TX                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     124,269.00                     124,269.00   First Lien                                      0           124,269.00                         0.00                 130810              132000                    95.00               95.00   LPMI                      LPMI                        30                                   9.9900            0.3750       0.0325    1.1200               1.5275
      2503222431   LA XXXXXX                                            91744    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     134,000.00                     134,000.00   First Lien                                      0           134,000.00                         0.00                      -          188,000.00                    71.28               71.28   No MI                     NO MI                        0                                    6.450             0.375       0.0325     0.000               0.4075
      2503222514   MIAMI                                                33157    FL                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     316,000.00                     316,000.00   First Lien                                      0           316,000.00                         0.00                      -          395,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.750             0.375       0.0325     0.000               0.4075
      2503222544   LOS ANGELES                                          90061    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     480,000.00                     480,000.00   First Lien                                      0           576,000.00                    96,000.00                 640000              640000                    75.00               90.00   No MI                     NO MI                        0                                   7.1250            0.3750       0.0325    0.0000               0.4075
      2503222561   SPANISH FORK                                         84660    UT                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     403,750.00                     403,750.00   First Lien                                      0           403,750.00                         0.00                      -          475,000.00                    85.00               85.00   LPMI                      LPMI                        22                                    9.050             0.375       0.0325     0.690               1.0975
      2503222626   ONTARIO                                              91764    CA                             20070701                 20370601   ARMS                    No                                              360                    360                          360                     394,250.00                     394,250.00   First Lien                                      0           394,250.00                         0.00                      -          415,000.00                    95.00               95.00   LPMI                      LPMI                        30                                   10.150             0.375       0.0325     0.870               1.2775
      2503222675   WHITTIER                                             33029    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     436,500.00                     436,500.00   First Lien                                      0           485,000.00                    48,500.00                 485000              485000                    90.00              100.00   LPMI                      LPMI                        25                                   7.5000            0.3750       0.0325    0.8900               1.2975
      2503222708   SAN XXXX XXXXXXXX                                    95045    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     260,000.00                     260,000.00   First Lien                                      0           260,000.00                         0.00                      -          550,000.00                    47.28               47.28   No MI                     NO MI                        0                                    7.990             0.375       0.0325     0.000               0.4075
      2503222752   MIAMI                                                33165    FL                             20070701                 20370601   ARMS                    No                                              360                    360                          360                     381,600.00                     381,600.00   First Lien                                      0           381,600.00                         0.00                 477000              480000                    80.00               80.00   No MI                     NO MI                        0                                   8.0250            0.3750       0.0325    0.0000               0.4075
      0000000000   BROOKLYN                                             11236    NY                             20070701                 20370601   ARMS                    No                                              360                    360                          360                     468,000.00                     468,000.00   First Lien                                      0           468,000.00                         0.00                      -          585,000.00                    80.00               80.00   No MI                     NO MI                        0                                    8.250             0.375       0.0325     0.000               0.4075
      2503222786   LOS ANGELES                                          90026    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     620,000.00                     620,000.00   First Lien                                      0           620,000.00                         0.00                      -          775,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.500             0.375       0.0325     0.000               0.4075
      2503222813   LOS ANGELES                                          90016    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     465,000.00                     465,000.00   First Lien                                      0           465,000.00                         0.00                      -          620,000.00                    75.00               75.00   No MI                     NO MI                        0                                    6.700             0.375       0.0325     0.000               0.4075
      2503222819   ATLANTA                                              11032    GA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     218,700.00                     218,700.00   First Lien                                      0           218,700.00                         0.00                 243000              243000                    90.00               90.00   LPMI                      LPMI                        25                                  10.8400            0.3750       0.0325    0.9200               1.3275
      2503222841   SAN DIEGO                                            33619    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     225,150.00                     225,150.00   First Lien                                      0           225,150.00                         0.00                 237000              237000                    95.00               95.00   LPMI                      LPMI                        30                                   8.3750            0.3750       0.0325    1.2100               1.6175
      2503222932   HANFORD                                              93230    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     112,000.00                     112,000.00   First Lien                                      0           112,000.00                         0.00                      -          178,000.00                    62.93               62.93   No MI                     NO MI                        0                                    6.125             0.375       0.0325     0.000               0.4075
      2503222949   SACRAMENTO                                           95832    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     228,000.00                     228,000.00   First Lien                                      0           228,000.00                         0.00                      -          285,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.250             0.375       0.0325     0.000               0.4075
      2503222982   CENTERTON                                            26499    AR                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     407,850.00                     407,850.00   First Lien                                      0           407,850.00                         0.00                 453200              454000                    90.00               90.00   LPMI                      LPMI                        25                                  10.7500            0.3750       0.0325    0.6900               1.0975
      0000000000   CENTERTON                                            26499    AR                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     400,500.00                     400,500.00   First Lien                                      0           400,500.00                         0.00                 445000              445000                    90.00               90.00   LPMI                      LPMI                        25                                  10.7500            0.3750       0.0325    0.6900               1.0975
      2503223013   FREMONT                                              94536    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     425,000.00                     425,000.00   First Lien                                      0           425,000.00                         0.00                      -          745,000.00                    57.05               57.05   No MI                     NO MI                        0                                    6.305             0.375       0.0325     0.000               0.4075
      2503223027   GREENACRES                                           33463    FL                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     216,000.00                     216,000.00   First Lien                                      0           270,000.00                    54,000.00                 270000              303000                    80.00              100.00   No MI                     NO MI                        0                                   8.0400            0.3750       0.0325    0.0000               0.4075
      2503223104   EAST HARTFORD                                        38725    CT                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     103,500.00                     103,500.00   First Lien                                      0           103,500.00                         0.00                 115000              134000                    90.00               90.00   LPMI                      LPMI                        25                                  10.8000            0.3750       0.0325    0.9400               1.3475
      2503223117   NEW BEDFORD                                          02740    MA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     292,500.00                     292,500.00   First Lien                                      0           292,500.00                         0.00                 325000              325000                    90.00               90.00   Radian Guaranty           BPMI                        25                                   9.6000            0.3750       0.0325    0.0000               0.4075
      0000000000   GLENDALE                                             31107    AZ                             20070701                 20370601   ARMS                    No                                              360                    360                          360                     173,600.00                     173,600.00   First Lien                                      0           173,600.00                         0.00                      -          217,000.00                    80.00               80.00   No MI                     NO MI                        0                                    7.600             0.375       0.0325     0.000               0.4075
      2503223128   LANCASTER                                            93534    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     360,000.00                     360,000.00   First Lien                                      0           360,000.00                         0.00                      -          450,000.00                    80.00               80.00   No MI                     NO MI                        0                                    7.200             0.375       0.0325     0.000               0.4075
      2503223197   PERRIS                                               92571    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     477,850.00                     477,850.00   First Lien                                      0           477,850.00                         0.00                      -          503,000.00                    95.00               95.00   Radian Guaranty           BPMI                        30                                    6.125             0.375       0.0325     0.000               0.4075
      2503223270   PARAMOUNT                                            33077    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     392,000.00                     392,000.00   First Lien                                      0           392,000.00                         0.00                      -          490,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.625             0.375       0.0325     0.000               0.4075
      2503223290   GLENDALE                                             33271    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     750,000.00                     750,000.00   First Lien                                      0           750,000.00                         0.00                      -        1,082,000.00                    69.32               69.32   No MI                     NO MI                        0                                    7.100             0.375       0.0325     0.000               0.4075
      2503223402   APACHE JUNCTION                                      31097    AZ                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     206,500.00                     206,500.00   First Lien                                      0           206,500.00                         0.00                      -          237,000.00                    87.14               87.14   LPMI                      LPMI                        25                                    8.450             0.375       0.0325     1.340               1.7475
      2503223422   DEER PARK                                            40753    NY                             20070701                 20370601   ARMS                    No                                              360                    360                          360                     403,750.00                     403,750.00   First Lien                                      0           403,750.00                         0.00                 425000              440000                    95.00               95.00   LPMI                      LPMI                        30                                   8.9900            0.3750       0.0325    1.3600               1.7675
      2503223427   SAN XXXX                                             34709    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     576,000.00                     576,000.00   First Lien                                      0           576,000.00                         0.00                      -          640,000.00                    90.00               90.00   LPMI                      LPMI                        25                                    7.700             0.375       0.0325     0.890               1.2975
      0000000000   FAIRFIELD                                            94534    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     380,000.00                     380,000.00   First Lien                                      0           380,000.00                         0.00                      -          475,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.750             0.375       0.0325     0.000               0.4075
      2503223532   XXXXXXXXXX                                           00000    AZ                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     399,200.00                     399,200.00   First Lien                                      0           499,000.00                    99,800.00                 499000              501000                    80.00              100.00   No MI                     NO MI                        0                                   8.3400            0.3750       0.0325    0.0000               0.4075
      2503223553   XXXXX XXXXX                                          92887    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     352,000.00                     352,000.00   First Lien                                      0           352,000.00                         0.00                      -          440,000.00                    80.00               80.00   No MI                     NO MI                        0                                    6.525             0.375       0.0325     0.000               0.4075
      2503223558   XXXXXXXX XXXXXX                                      00000    FL                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     212,500.00                     212,500.00   First Lien                                      0           212,500.00                         0.00                 250000              280000                    85.00               85.00   LPMI                      LPMI                        22                                   8.7500            0.3750       0.0325    0.6200               1.0275
      2503223569   TEMPE                                                85283    AZ                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     272,000.00                     272,000.00   First Lien                                      0           272,000.00                         0.00                      -          340,000.00                    80.00               80.00   No MI                     NO MI                        0                                    7.100             0.375       0.0325     0.000               0.4075
      2503223587   LOS ANGELES                                          90043    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     417,000.00                     417,000.00   First Lien                                      0           417,000.00                         0.00                      -          525,000.00                    79.43               79.43   No MI                     NO MI                        0                                    6.750             0.375       0.0325     0.000               0.4075
      2503223720   WHITTIER                                             33025    CA                             20070701                 20370601   ARMS                    No                                              360                    360                          360                     517,600.00                     517,600.00   First Lien                                      0           517,600.00                         0.00                 647000              665000                    80.00               80.00   No MI                     NO MI                        0                                   7.5000            0.3750       0.0325    0.0000               0.4075
      2503223847   XXXXXXX                                              00000    XX                             20070701                 20370601   ARMS                    No                                              360                    360                          360                     356,250.00                     356,250.00   First Lien                                      0           356,250.00                         0.00                      -          375,000.00                    95.00               95.00   LPMI                      LPMI                        30                                    8.750             0.375       0.0325     1.190               1.5975
      2503223850   SARASOTA                                             34232    FL                             20070701                 20370601   ARMS                    No                                              360                    360                          360                     168,300.00                     168,300.00   First Lien                                      0           168,300.00                         0.00                 187000              232000                    90.00               90.00   LPMI                      LPMI                        25                                   8.5700            0.3750       0.0325    1.1900               1.5975
      2503223876   WOODBRIDGE                                           22193    VA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     357,000.00                     357,000.00   First Lien                                      0           357,000.00                         0.00                      -          420,000.00                    85.00               85.00   LPMI                      LPMI                        22                                    9.990             0.375       0.0325     0.740               1.1475
      2503223890   EL SEGUNDO                                           90245    CA                             20070601                 20370501   ARMS                    No                                              360                    360                          360                     468,000.00                     468,000.00   First Lien                                      0           468,000.00                         0.00                 585000              585000                    80.00               80.00   No MI                     NO MI                        0                                   6.6250            0.3750       0.0325    0.0000               0.4075
      2503223894   SPRINGFIELD                                          23956    MO                             20070701                 20370601   ARMS                    No                                              360                    360                          360                     176,850.00                     176,850.00   First Lien                                      0           176,850.00                         0.00                 196500              196500                    90.00               90.00   LPMI                      LPMI                        25                                   9.8500            0.3750       0.0325    0.6200               1.0275
      2503223973   TOOELE                                               84074    UT                             20070701                 20370601   ARMS                    No                                              360                    360                          360                     118,800.00                     118,800.00   First Lien                                      0           118,800.00                         0.00                 135900              132000                    90.00               90.00   PMI                       BPMI                        25                                   7.8750            0.3750       0.0325    0.0000               0.4075
      2503224073   XXXXXX XXXX                                          00000    CA                             20070701                 20370601   ARMS                    No                                              360                    360                          360                     256,500.00                     256,500.00   First Lien                                      0           256,500.00                         0.00                      -          285,000.00                    90.00               90.00   LPMI                      LPMI                        25                                   10.250             0.375       0.0325     0.690               1.0975
      2503224074   XXXXXXX                                              00000    XX                             20070701                 20370601   ARMS                    No                                              360                    360                          360                     423,855.00                     423,855.00   First Lien                                      0           423,855.00                         0.00                 470950              473000                    90.00               90.00   LPMI                      LPMI                        25                                  10.5000            0.3750       0.0325    1.2400               1.6475
      0000000000   GLENDORA                                             91740    CA                             20070701                 20370601   ARMS                    No                                              360                    360                          360                     510,000.00                     510,000.00   First Lien                                      0           510,000.00                         0.00                      -          547,000.00                    93.24               93.24   LPMI                      LPMI                        30                                    7.500             0.375       0.0325     1.160               1.5675
      2503224250   CHESTERFIELD                                         23832    VA                             20070701                 20370601   ARMS                    No                                              360                    360                          360                     207,000.00                     207,000.00   First Lien                                      0           207,000.00                         0.00                      -          230,000.00                    90.00               90.00   LPMI                      LPMI                        25                                    9.100             0.375       0.0325     1.190               1.5975
      2503224264   PALMDALE                                             93551    CA                             20070701                 20370601   ARMS                    No                                              360                    360                          360                     380,000.00                     380,000.00   First Lien                                      0           380,000.00                         0.00                      -          400,000.00                    95.00               95.00   LPMI                      LPMI                        30                                    8.500             0.375       0.0325     1.160               1.5675
      2503224346   NORTH LAUDERDALE                                     33068    FL                             20070701                 20370601   ARMS                    No                                              360                    360                          360                     255,000.00                     255,000.00   First Lien                                      0           255,000.00                         0.00                      -          300,000.00                    85.00               85.00   LPMI                      LPMI                        22                                    7.875             0.375       0.0325     0.850               1.2575
      2503224451   XXXXXX LAKE                                          98391    WA                             20070701                 20370601   ARMS                    No                                              360                    360                          360                     363,802.00                     363,802.00   First Lien                                      0           363,802.00                         0.00                 382950              390000                    95.00               95.00   LPMI                      LPMI                        30                                   7.5700            0.3750       0.0325    1.0800               1.4875
      2503224503   XXXXXXXX                                             29280    CO                             20070701                 20370601   ARMS                    No                                              360                    360                          360                     160,000.00                     160,000.00   First Lien                                      0           160,000.00                         0.00                      -          200,000.00                    80.00               80.00   No MI                     NO MI                        0                                    7.915             0.375       0.0325     0.000               0.4075
      2503224705   CENTERTON                                            26499    AR                             20070701                 20370601   ARMS                    No                                              360                    360                          360                     367,110.00                     367,110.00   First Lien                                      0           367,110.00                         0.00                 407900              415000                    90.00               90.00   LPMI                      LPMI                        25                                   9.6900            0.3750       0.0325    0.7700               1.1775

         LOAN_ID                   CURRENT_NET_COUPON           PAYMENT   PREPAY           PP_DESC                    BACK_RATIO   PRODUCT                             IO_PERIOD    INDEX                  RATE_FREQ         PAY_FREQ                  NEXT_RATE_ADJ_DATE1              NEXT_PAY_ADJ_DATE1       ROLL        MARGIN           INIT_RATE_CAP            PER_RATE_CAP            GROSS_LIFE_CAP          MAX_RATE         MIN_RATE          FICO_SCORE   DOCTYPE                                 LOAN_PURP                    OCCTYPE                    PROPTYPE
      1103143549                                5.843          1,458.33   Yes              3YP                             45.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.250            3.000                 730   SISA                                    Cash Out Refinance           Owner Occupied             PUD
      1103445953                                6.218          4,416.67   No               NO                              41.00   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.625            3.000                 704   Stated                                  Rate/Term Refinance          Owner Occupied             SFR
      1103541312                                5.593          1,067.50   Yes              1YP                             35.67   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.000            3.000                 730   Stated                                  Cash Out Refinance           Owner Occupied             Condominium
      1103581621                               5.5925              1960   Yes              3YP                             41.66   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.000            3.000                 738   Express Verified Assets                 Purchase                     Owner Occupied             SFR
      1103605926                              13.0925            369.68   No               NO                              44.68   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            13.625            0.000                 711   Stated                                  Purchase                     Investor                   SFR
      1103611487                              12.3425            522.68   No               NO                              41.62   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.875            0.000                 693   Stated                                  Purchase                     Investor                   D-PUDS
      1103611552                               6.3425           2603.81   No               NO                              43.17   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.750            3.000                 653   Stated                                  Purchase                     Owner Occupied             Condominium
      1103612837                               6.4675           1303.39   Yes              1YP                              0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.875            3.000                 697   Express No Doc                          Purchase                     Owner Occupied             D-PUDS
      1103612902                               8.0925           1128.77   Yes              2YP                             39.91   5/6 LIBOR                                        LIBOR                          6                6                             20111201                        20120101         56         3.000                   3.000                   1.000                     6.000            14.500            3.000                 704   Stated                                  Purchase                     Investor                   SFR
      1103613763                               6.5925           1331.17   Yes              2YP                              1.00   7/6 LIBOR IO                               60    LIBOR                          6                6                             20140301                        20140401         83         3.000                   3.000                   1.000                     6.000            13.000            3.000                 768   Express No Doc Verified Assets          Purchase                     Owner Occupied             D-PUDS
      1103615320                              11.2175            1191.1   Yes              3YP                             40.58   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            11.750            0.000                 682   Stated                                  Purchase                     Owner Occupied             SFR
      1103618814                               11.718            526.04   Yes              3YP                             39.99   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.250            0.000                 644   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103620173                              11.4675            525.11   Yes              1YP                             28.73   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.000            0.000                 757   Stated                                  Purchase                     Owner Occupied             SFR
      1103624061                              11.7175            558.01   No               NO                              40.42   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.250            0.000                 706   Stated                                  Purchase                     Investor                   D-PUDS
      1103624733                              13.7175            790.58   No               NO                              41.39   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            14.250            0.000                 656   Stated                                  Purchase                     Investor                   SFR
      1103626197                               10.843            323.66   Yes              3YP                             37.10   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            11.375            0.000                 694   Full                                    Cash Out Refinance           Investor                   3-FAMILY
      1103627011                              12.1175            860.05   No               NO                              49.48   20YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.650            0.000                 729   Stated                                  Purchase                     Investor                   2-FAMILY
      1103632043                              11.8925             705.6   Yes              3YP                             42.29   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.425            0.000                 689   Stated                                  Purchase                     Investor                   HI-RISE
      1103632215                              11.8425            786.83   No               NO                               0.00   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.375            0.000                 686   Express No Doc                          Purchase                     Owner Occupied             PUD
      1103632233                               11.093            307.45   No               NO                              48.79   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            11.625            0.000                 724   Full                                    Cash Out Refinance           Investor                   SFR
      1103632320                               13.393            436.21   Yes              1YP                             32.00   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            13.925            0.000                 652   Stated                                  Cash Out Refinance           Investor                   SFR
      1103632732                                7.968            764.63   No               XX                              00.00   0/0 XXXXX                                        XXXXX                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            14.375            3.000                 752   Stated                                  Rate/Term Refinance          Investor                   2-FAMILY
      1103632897                                6.343          1,771.88   Yes              1YP                             26.42   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.750            3.000                 732   Stated                                  Rate/Term Refinance          Investor                   SFR
      1103633116                              12.3425            438.58   Yes              3YP                             41.72   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.875            0.000                 636   Stated                                  Purchase                     Second Home                SFR
      1103633980                              13.0425             425.7   Yes              3YP                             45.48   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            13.575            0.000                 647   Stated                                  Purchase                     Investor                   2-FAMILY
      1103634228                              13.0675            482.79   No               NO                              49.14   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            13.600            0.000                 666   Stated                                  Purchase                     Investor                   D-PUDS
      1103634326                              13.8425            588.28   No               NO                              46.43   15YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            14.375            0.000                 643   Stated                                  Purchase                     Investor                   2-FAMILY
      0000000000                               11.018          1,222.38   Yes              3YP                             40.47   15YR FIXED IO                              60    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            11.550            0.000                 687   Stated                                  Rate/Term Refinance          Owner Occupied             SFR
      1103635040                              11.8425           1127.37   Yes              1YP                             43.77   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.375            0.000                 672   SISA                                    Purchase                     Owner Occupied             2-FAMILY
      1103635229                               8.7175            901.65   Yes              6MP                             41.32   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             9.250            0.000                 763   Stated                                  Purchase                     Owner Occupied             SFR
      1103635362                              12.0175             278.5   No               NO                              18.16   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.550            0.000                 704   Stated                                  Purchase                     Investor                   SFR
      1103635710                               13.343            751.99   No               NO                              40.82   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            13.875            0.000                 652   Stated                                  Cash Out Refinance           Investor                   2-FAMILY
      1103636278                              13.2675            395.15   No               NO                              33.59   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            13.800            0.000                 661   Stated                                  Purchase                     Investor                   D-PUDS
      1103636476                              12.2175           1087.24   No               NO                              25.38   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.750            0.000                 686   Stated                                  Purchase                     Investor                   PUD
      1103637015                              13.2175             524.3   Yes              1YP                             29.06   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            13.750            0.000                 643   Stated                                  Purchase                     Investor                   SFR
      1103637096                                6.593          2,146.67   No               NO                              44.68   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            13.000            7.000                 686   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103638302                              13.4425            768.89   No               NO                              30.14   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            13.975            0.000                 661   Stated                                  Purchase                     Investor                   2-FAMILY
      1103638697                              13.8425            628.57   No               NO                              47.49   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            14.375            0.000                 658   Stated                                  Purchase                     Investor                   Condominium
      1103638853                              10.9675            396.12   No               NO                              40.33   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            11.500            0.000                 712   Stated                                  Purchase                     Investor                   PUD
      1103638909                              13.0925            298.05   No               NO                              30.40   30/15 FIXED BAL IO                         60    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            13.625            0.000                 654   Full                                    Purchase                     Investor                   SFR
      1103638943                              12.7175           1195.21   Yes              1YP                             32.38   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            13.250            0.000                 682   Stated                                  Purchase                     Investor                   Condominium
      1103638971                                7.543          3,067.18   Yes              2YP                             46.74   2/6 LIBOR                                        LIBOR                          6                6                             20090101                        20090201         21         6.550                   3.000                   1.000                     6.000            13.950            7.950                 658   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      0000000000                               12.193          1,538.17   Yes              1YP                             42.03   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.725            0.000                 685   Stated                                  Cash Out Refinance           Investor                   SFR
      1103639110                               6.0925            666.25   Yes              2YP                             43.68   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120101                        20120201         57         3.000                   3.000                   1.000                     6.000            12.500            3.000                 732   SISA                                    Purchase                     Owner Occupied             Condominium
      0000000000                               11.343            876.34   Yes              3YP                             44.29   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            11.875            0.000                 687   Stated                                  Cash Out Refinance           Owner Occupied             Condominium
      1103639597                               11.093            254.96   No               NO                               0.00   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            11.625            0.000                 646   Express No Doc                          Cash Out Refinance           Owner Occupied             SFR
      1103639598                               12.458            660.49   No               NO                               0.00   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.990            0.000                 626   Express Verified Assets                 Cash Out Refinance           Owner Occupied             Condominium
      1103639786                               11.843          1,308.74   Yes              2YP                              0.00   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.375            0.000                 636   Express Verified Assets                 Cash Out Refinance           Owner Occupied             Townhouse
      1103639789                              12.4575            574.82   No               NO                               0.00   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.990            0.000                 632   Express Verified Assets                 Purchase                     Owner Occupied             SFR
      1103639790                              12.4575            705.26   Yes              2YP                              0.00   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.990            0.000                 621   Express Verified Assets                 Purchase                     Owner Occupied             Townhouse
      1103639791                              12.4575            972.77   Yes              2YP                              0.00   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.990            0.000                 627   Express Verified Assets                 Purchase                     Owner Occupied             Townhouse
      1103639792                              12.4575            486.38   Yes              2YP                              0.00   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.990            0.000                 643   Express Verified Assets                 Purchase                     Owner Occupied             SFR
      1103639793                               11.468            346.64   No               NO                               0.00   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.000            0.000                 607   Express Verified Assets                 Cash Out Refinance           Owner Occupied             SFR
      1103639848                               5.5925            620.62   Yes              3YP                             25.25   5/6 LIBOR IO                               60    LIBOR                          6                6                             20111201                        20120101         56         3.000                   3.000                   1.000                     6.000            12.000            6.000                 797   Stated                                  Purchase                     Investor                   SFR
      1103639907                              11.6425            833.69   Yes              3YP                             43.46   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.175            0.000                 686   Stated                                  Purchase                     Investor                   Condominium
      1103640641                              12.3675           1263.15   No               NO                              48.16   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.900            0.000                 701   Stated                                  Purchase                     Investor                   HI-RISE
      1103640736                               11.318          1,106.08   Yes              3YP                             34.01   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            11.850            0.000                 733   Stated                                  Cash Out Refinance           Investor                   2-FAMILY
      1103640941                              13.7175            783.05   No               NO                              30.63   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            14.250            0.000                 651   Stated                                  Purchase                     Investor                   SFR
      1103641203                                6.093          3,244.12   Yes              2YP                              1.00   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.375            0.000                 729   Express Verified Assets                 Rate/Term Refinance          Owner Occupied             SFR
      1103641208                                9.967            804.97   Yes              1YP                             28.94   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            10.500            0.000                 697   Full                                    Cash Out Refinance           Owner Occupied             Condominium
      1103641222                               10.943          1,532.00   Yes              3YP                             47.82   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            11.475            0.000                 727   Stated                                  Cash Out Refinance           Investor                   SFR
      1103641481                              10.9675            633.79   Yes              3YP                             41.21   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            11.500            0.000                 669   Stated                                  Purchase                     Owner Occupied             SFR
      1103641496                               11.843          1,163.32   Yes              3YP                             43.31   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.375            0.000                 692   Stated                                  Cash Out Refinance           Investor                   4-FAMILY
      1103641545                               11.443            451.75   Yes              3YP                             19.37   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            11.975            0.000                 666   Stated                                  Cash Out Refinance           Investor                   SFR
      1103641549                              12.3925            492.77   Yes              3YP                             48.83   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.925            0.000                 697   Stated                                  Purchase                     Investor                   SFR
      1103641582                                5.968          2,916.56   Yes              1YP                             41.62   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.375            3.000                 688   Full                                    Rate/Term Refinance          Owner Occupied             SFR
      1103641703                              11.5925            436.06   Yes              2YP                             48.09   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.125            0.000                 684   Stated                                  Purchase                     Investor                   SFR
      1103642086                               12.343          2,001.00   Yes              3YP                             44.36   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.875            0.000                 675   Stated                                  Cash Out Refinance           Investor                   SFR
      1103642187                               11.543            400.83   Yes              1YP                             35.92   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.075            0.000                 732   Stated                                  Cash Out Refinance           Investor                   SFR
      1103642251                               11.343            692.71   No               NO                              49.96   30/15 FIXED BAL IO                         60    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            11.875            0.000                 738   Stated                                  Cash Out Refinance           Investor                   SFR
      1103642335                               5.4675           2017.08   No               NO                              41.26   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120101                        20120201         57         2.750                   3.000                   1.000                     6.000            11.875            2.750                 702   SISA                                    Purchase                     Owner Occupied             D-PUDS
      1103642362                              11.8925           1135.75   Yes              2YP                             44.95   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.425            0.000                 687   Stated                                  Purchase                     Investor                   SFR
      0000000000                               6.2175            745.95   No               NO                              22.23   5/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20120101                        20120201         57         2.750                   6.000                   2.000                     6.000            12.625            2.750                 644   Stated                                  Purchase                     Owner Occupied             PUD
      1103643071                               11.968            576.32   Yes              1YP                             41.00   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.500            0.000                 721   Stated                                  Cash Out Refinance           Investor                   PUD
      1103643089                              12.2675             407.2   No               NO                              46.07   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.800            0.000                 709   Stated                                  Purchase                     Investor                   SFR
      1103643097                                5.718          1,375.57   Yes              3YP                             39.60   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120201                        20120301         58         2.750                   3.000                   1.000                     6.000            12.125            2.750                 732   Stated                                  Cash Out Refinance           Investor                   SFR
      1103643276                                6.843          1,454.69   Yes              3YP                             39.00   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             7.125            0.000                   0   Stated                                  Cash Out Refinance           Second Home                D-PUDS
      1103643299                              11.4675           1018.33   No               NO                              47.87   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.000            0.000                 712   Stated                                  Purchase                     Investor                   SFR
      1103643731                               5.2175           1546.88   No               NO                              41.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120201                        20120301         58         3.000                   3.000                   1.000                     6.000            11.625            5.625                 781   Stated                                  Purchase                     Owner Occupied             D-PUDS
      0000000000                                5.468          1,640.10   Yes              1YP                             40.93   3/6 LIBOR IO                              120    LIBOR                          6                6                             20100201                        20100301         34         2.750                   3.000                   1.000                     6.000            11.875            2.750                 786   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103644291                              11.2175             503.7   Yes              1YP                             44.18   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            11.750            0.000                 668   Stated                                  Purchase                     Owner Occupied             SFR
      1103644308                              12.6175            880.37   Yes              1YP                             35.45   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            13.150            0.000                 681   Stated                                  Purchase                     Investor                   Condominium
      1103644382                                5.093          1,567.92   Yes              3YP                             54.36   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             5.375            0.000                 781   Full                                    Cash Out Refinance           Owner Occupied             SFR
      1103644392                                5.843          2,624.88   No               NO                              43.00   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.125            0.000                 765   Full                                    Rate/Term Refinance          Owner Occupied             SFR
      1103644400                              13.0675             533.4   Yes              1YP                             43.26   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            13.600            0.000                 657   Stated                                  Purchase                     Investor                   SFR
      1103644465                                6.718          3,325.00   Yes              3YP                              1.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            13.125            3.000                 647   Express Non-Verified Assets             Cash Out Refinance           Owner Occupied             SFR
      1103644519                              11.9675            208.33   No               NO                              32.78   30/15 FIXED BAL IO                         60    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.500            0.000                 684   Stated                                  Purchase                     Investor                   SFR
      1103644634                                5.343          1,335.52   Yes              3YP                             29.96   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             5.625            0.000                 758   Stated                                  Rate/Term Refinance          Investor                   SFR
      0000000000                               12.718          1,215.84   No               NO                              38.14   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            13.250            0.000                 731   Stated                                  Cash Out Refinance           Investor                   SFR
      1103644816                              11.7175            605.16   No               NO                              33.23   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.250            0.000                 706   Stated                                  Purchase                     Investor                   Condominium
      0000000000                              12.1925            698.31   No               NO                              25.68   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.725            0.000                 662   Stated                                  Purchase                     Investor                   2-FAMILY
      1103644852                               11.593            750.14   Yes              2YP                             48.13   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.125            0.000                 731   Stated                                  Cash Out Refinance           Investor                   SFR
      1103644855                               6.4675              2700   Yes              3YP                             37.30   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.750            0.000                 695   Stated                                  Purchase                     Owner Occupied             SFR
      1103644918                               5.9675           2491.56   Yes              2YP                             45.02   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120501                        20120601         61         3.000                   3.000                   1.000                     6.000            12.375            3.000                 731   Stated                                  Purchase                     Owner Occupied             SFR
      1103644939                              10.3425            603.45   Yes              2YP                             38.19   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            10.875            0.000                 748   Stated                                  Purchase                     Owner Occupied             3-FAMILY
      1103645004                               9.7675           1010.95   Yes              2YP                             43.91   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            10.300            0.000                 788   Stated                                  Purchase                     Owner Occupied             3-FAMILY
      1103645207                              11.8425           1436.18   Yes              2YP                             25.40   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.375            0.000                 671   Stated                                  Purchase                     Second Home                HI-RISE
      1103645261                              12.3925            756.19   No               NO                              38.94   15YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.925            0.000                 686   Stated                                  Purchase                     Investor                   PUD
      1103645266                              13.8425           1396.81   No               NO                              46.79   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            14.375            0.000                 647   Stated                                  Purchase                     Investor                   Condominium
      1103645334                              13.2175            219.04   No               NO                               0.00   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            13.750            0.000                 746   Express No Doc                          Purchase                     Owner Occupied             Condominium
      1103645336                              12.8425            567.61   No               NO                               0.00   15YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            13.375            0.000                 666   Express No Doc                          Purchase                     Owner Occupied             2-FAMILY
      1103645372                              12.2175            285.26   Yes              2YP                              0.00   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.750            0.000                 644   Express Verified Assets                 Purchase                     Investor                   SFR
      0000000000                              12.4575            580.34   Yes              2YP                              0.00   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.990            0.000                 632   Express Verified Assets                 Purchase                     Owner Occupied             Condominium
      1103645375                               12.458            489.15   Yes              2YP                              0.00   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.990            0.000                 638   Express Verified Assets                 Cash Out Refinance           Owner Occupied             SFR
      1103645525                                6.718          2,090.00   Yes              3YP                              0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120101                        20120201         57         2.750                   6.000                   2.000                     6.000            13.125            2.750                 635   Express Verified Assets                 Cash Out Refinance           Owner Occupied             SFR
      1103645552                              12.0925            872.34   Yes              2YP                             38.41   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.625            0.000                 689   Stated                                  Purchase                     Investor                   SFR
      0000000000                                9.842            832.97   No               NO                              27.29   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            10.375            0.000                 722   Stated                                  Cash Out Refinance           Investor                   SFR
      1103645647                              12.0925           1141.59   No               NO                              48.19   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.625            0.000                 675   Stated                                  Purchase                     Investor                   SFR
      1103645678                               11.968            504.81   Yes              3YP                             43.03   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.500            0.000                 698   Stated                                  Rate/Term Refinance          Investor                   Condominium
      1103645687                               7.4675           3044.34   No               NO                              45.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120201                        20120301         58         2.750                   3.000                   1.000                     6.000            13.875            2.750                 722   Stated                                  Purchase                     Owner Occupied             4-FAMILY
      1103645821                               10.968          1,525.05   No               NO                              42.55   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            11.500            0.000                 694   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103645844                              11.7175             275.6   Yes              1YP                             36.79   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.250            0.000                 697   Stated                                  Purchase                     Investor                   SFR
      1103645898                               13.468            272.52   No               NO                              38.66   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            14.000            0.000                 647   Stated                                  Cash Out Refinance           Investor                   SFR
      1103645975                                4.968          1,881.25   Yes              3YP                             43.16   30YR FIXED IO                              60    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             5.250            0.000                 780   Full                                    Cash Out Refinance           Owner Occupied             SFR
      1103646020                               11.968            832.46   No               NO                              44.10   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.500            0.000                 684   Stated                                  Cash Out Refinance           Investor                   SFR
      1103646029                                4.968          1,080.38   Yes              3YP                             38.49   3/6 LIBOR IO                               60    LIBOR                          6                6                             20100201                        20100301         34         2.750                   3.000                   1.000                     6.000            11.375            2.750                 727   Full                                    Cash Out Refinance           Owner Occupied             SFR
      1103646126                               12.458          1,243.60   Yes              2YP                              0.00   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.990            0.000                 629   Express Verified Assets                 Cash Out Refinance           Owner Occupied             PUD
      1103646143                               11.893            315.25   No               NO                              35.11   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.425            0.000                 707   Stated                                  Cash Out Refinance           Investor                   SFR
      1103646254                              11.9675            567.78   Yes              2YP                             37.93   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.500            0.000                 661   Stated                                  Purchase                     Second Home                Condominium
      1103646277                               7.9675              3015   No               NO                              42.56   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            14.375            3.000                 651   Stated                                  Purchase                     Owner Occupied             3-FAMILY
      1103646283                              12.9675           2221.88   No               NO                              41.83   30/15 FIXED BAL IO                         60    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            13.500            0.000                 717   Stated                                  Purchase                     Investor                   HI-RISE
      1103646302                                6.093          3,905.43   No               NO                              43.67   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.375            0.000                 715   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103646348                              11.7175            272.98   Yes              1YP                             34.00   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.250            0.000                 697   Stated                                  Purchase                     Investor                   SFR
      0000000000                              10.7175            330.23   Yes              3YP                             31.81   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            11.250            0.000                 674   Stated                                  Purchase                     Owner Occupied             SFR
      1103646487                                6.468          3,678.80   Yes              1YP                             42.73   5/6 LIBOR                                        LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.875            3.000                 682   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103646493                               9.8825           1592.25   No               XX                              00.00   0/0 XXXXX 00/00 XXX                              XXXXX                          6                6                             20120401                        20120501         60         4.375                   3.000                   1.000                     6.000            17.750            4.375                 627   SISA                                    Purchase                     Investor                   SFR
      0000000000                              13.3425            609.82   No               NO                              25.00   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            13.875            0.000                 669   Stated                                  Purchase                     Investor                   PUD
      1103646623                              13.2175            256.32   No               NO                              35.37   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            13.750            0.000                 646   Stated                                  Purchase                     Investor                   Condominium
      1103646782                                5.343          3,952.17   Yes              1YP                             43.97   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         2.750                   3.000                   1.000                     6.000            11.750            2.750                 684   Stated                                  Rate/Term Refinance          Owner Occupied             D-PUDS
      1103646816                               12.593            552.41   Yes              3YP                             43.47   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            13.125            0.000                 677   Stated                                  Cash Out Refinance           Investor                   SFR
      1103646838                               8.3425            570.05   No               XX                              00.00   0/0 XXXXX                                        XXXXX                          6                6                             20120201                        20120301         58         3.000                   3.000                   1.000                     6.000            14.750            8.750                 664   Stated                                  Purchase                     Owner Occupied             Condominium
      0000000000                              13.0925           1304.86   Yes              6MP                             34.35   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            13.625            0.000                 678   Stated                                  Purchase                     Investor                   PUD
      1103647092                                6.593          3,319.13   Yes              2YP                             48.97   2/6 LIBOR                                        LIBOR                          6                6                             20090401                        20090501         24         6.950                   3.000                   1.000                     6.000            13.950            6.950                 691   SISA                                    Cash Out Refinance           Owner Occupied             D-PUDS
      0000000000                               11.893            721.78   No               NO                              41.73   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.425            0.000                 720   Stated                                  Cash Out Refinance           Investor                   SFR
      1103647132                              12.3425            547.95   Yes              2YP                             44.75   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.875            0.000                 688   Stated                                  Purchase                     Investor                   Condominium
      1103647189                                6.968          3,441.67   Yes              3YP                             36.91   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120201                        20120301         58         2.750                   3.000                   1.000                     6.000            13.375            2.750                 676   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103647199                               8.5825           1911.07   Yes              2YP                             41.33   2/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20090201                        20090301         22         7.150                   3.000                   1.000                     6.000            14.990            8.990                 652   Stated                                  Purchase                     Owner Occupied             Condominium
      1103647350                               7.5925           6666.67   Yes              1YP                             33.95   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         2.750                   3.000                   1.000                     6.000            14.000            2.750                 671   Stated                                  Purchase                     Owner Occupied             SFR
      1103647408                               9.9675           1134.28   Yes              3YP                             46.43   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            10.500            0.000                 714   Stated                                  Purchase                     Owner Occupied             Condominium
      1103647440                                5.593          1,725.00   No               NO                              39.15   3/6 LIBOR IO                              120    LIBOR                          6                6                             20100301                        20100401         35         2.750                   3.000                   1.000                     6.000            12.000            2.750                 744   Stated                                  Cash Out Refinance           Owner Occupied             Condominium
      1103647484                              12.2675            398.07   No               NO                              39.91   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.800            0.000                 704   Stated                                  Purchase                     Investor                   Condominium
      1103647491                              12.3425           3738.85   Yes              1YP                             33.95   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.875            0.000                 671   Stated                                  Purchase                     Owner Occupied             SFR
      1103647553                               11.693            308.56   No               NO                              45.01   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.225            0.000                 651   Stated                                  Cash Out Refinance           Owner Occupied             3-FAMILY
      1103647673                                7.943          3,878.19   Yes              3YP                             49.99   5/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20120201                        20120301         58         6.550                   3.000                   1.000                     6.000            15.750            9.750                 618   Stated                                  Cash Out Refinance           Second Home                SFR
      1103647703                                6.468          1,530.00   No               NO                              45.30   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.750            0.000                 705   Full                                    Rate/Term Refinance          Owner Occupied             SFR
      1103647745                                5.468          2,287.94   Yes              3YP                             38.88   5/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20120201                        20120301         58         2.750                   3.000                   1.000                     6.000            11.875            2.750                 717   Full                                    Rate/Term Refinance          Owner Occupied             SFR
      0000000000                                5.093          4,020.65   Yes              3YP                             47.00   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            11.500            3.000                 717   Stated                                  Rate/Term Refinance          Owner Occupied             SFR
      1103648053                              11.8425            486.49   Yes              2YP                             42.93   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.375            0.000                 661   Stated                                  Purchase                     Investor                   SFR
      1103648126                               5.3425            827.62   Yes              3YP                             36.89   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120201                        20120301         58         2.750                   3.000                   1.000                     6.000            11.750            2.750                 756   Stated                                  Purchase                     Owner Occupied             SFR
      1103648158                                7.218          1,041.03   No               NO                              47.90   5/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20120201                        20120301         58         3.000                   3.000                   1.000                     6.000            13.625            3.000                 615   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103648203                               5.3425           3546.04   Yes              3YP                             29.57   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             5.625            0.000                 803   Full                                    Purchase                     Second Home                D-PUDS
      1103648241                               12.468            995.58   Yes              6MP                             37.01   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            13.000            0.000                 654   Stated                                  Cash Out Refinance           Investor                   SFR
      1103648294                              11.2175            317.96   Yes              3YP                             18.93   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            11.750            0.000                 690   Stated                                  Purchase                     Investor                   SFR
      1103648355                               13.898            764.92   No               NO                              43.45   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            14.430            0.000                 667   Stated                                  Cash Out Refinance           Investor                   SFR
      1103648365                               7.4675            3307.5   No               NO                              48.07   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         4.125                   3.000                   1.000                     6.000            13.875            4.125                 736   Stated                                  Purchase                     Investor                   SFR
      1103648406                               5.5925           3498.95   Yes              3YP                             38.63   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             5.875            0.000                 760   Stated                                  Purchase                     Owner Occupied             SFR
      1103648432                                8.503          1,411.36   Yes              3YP                             47.83   5/6 LIBOR                                        LIBOR                          6                6                             20120301                        20120401         59         3.875                   3.000                   1.000                     6.000            16.250            4.250                 649   SISA                                    Cash Out Refinance           Owner Occupied             SFR
      1103648450                                5.343          3,707.23   No               NO                              44.15   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             5.625            0.000                 704   Stated                                  Rate/Term Refinance          Owner Occupied             SFR
      1103648573                               11.218          1,638.27   Yes              6MP                             40.80   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            11.750            0.000                 648   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103648735                               7.4925           4292.33   Yes              1YP                             40.61   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            13.900            3.000                 708   Stated                                  Purchase                     Owner Occupied             D-PUDS
      1103648746                                5.718          1,988.58   No               NO                              43.35   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120201                        20120301         58         2.750                   3.000                   1.000                     6.000            12.125            2.750                 739   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103648767                                5.593          4,406.25   No               NO                              22.21   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             5.875            0.000                 776   Full                                    Rate/Term Refinance          Second Home                SFR
      1103648834                               5.3425           2515.63   Yes              1YP                              1.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            11.750            3.000                 776   Express Verified Assets                 Purchase                     Investor                   SFR
      0000000000                                6.343            708.75   Yes              3YP                             32.01   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         2.750                   3.000                   1.000                     6.000            12.750            2.750                 783   Full                                    Cash Out Refinance           Owner Occupied             SFR
      0000000000                               6.5925           1864.33   Yes              1YP                             44.48   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            13.000            3.000                 701   Stated                                  Purchase                     Owner Occupied             SFR
      1103649078                               5.7175            1396.5   No               NO                              27.88   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120201                        20120301         58         2.750                   3.000                   1.000                     6.000            12.125            2.750                 791   SISA                                    Purchase                     Owner Occupied             Condominium
      1103649142                              11.8425            1414.5   Yes              1YP                             35.23   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.375            0.000                 697   Stated                                  Purchase                     Investor                   SFR
      1103649164                                5.593          3,407.26   No               NO                              43.66   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             5.875            0.000                 737   SISA                                    Rate/Term Refinance          Owner Occupied             SFR
      1103649173                                5.468            659.44   Yes              3YP                             16.91   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             5.750            0.000                 806   Full                                    Cash Out Refinance           Owner Occupied             Condominium
      1103649192                                5.468          3,154.39   Yes              3YP                             33.86   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            11.875            3.000                 768   Stated                                  Rate/Term Refinance          Owner Occupied             D-PUDS
      1103649198                                5.968          2,549.07   Yes              3YP                             32.68   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.250            0.000                 711   Full                                    Rate/Term Refinance          Owner Occupied             SFR
      1103649226                               5.4675              1175   Yes              3YP                             40.48   7/6 LIBOR IO                              120    LIBOR                          6                6                             20140201                        20140301         82         2.750                   3.000                   1.000                     6.000            11.875            2.750                 770   Stated                                  Purchase                     Second Home                D-PUDS
      1103649241                                5.468          3,536.45   Yes              3YP                             39.96   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             5.750            0.000                 783   Full                                    Rate/Term Refinance          Owner Occupied             SFR
      0000000000                              11.7175            392.97   Yes              3YP                             41.81   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.250            0.000                 662   Stated                                  Purchase                     Investor                   SFR
      1103649274                               6.8425           1060.61   Yes              1YP                             44.08   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            13.250            3.000                 669   Stated                                  Purchase                     Second Home                Condominium
      1103649275                                5.468            664.85   Yes              1YP                             40.88   3/6 LIBOR IO                              120    LIBOR                          6                6                             20100301                        20100401         35         2.500                   3.000                   1.000                     6.000            11.875            2.500                 776   Full                                    Cash Out Refinance           Investor                   SFR
      1103649342                                6.093          2,860.00   Yes              3YP                             46.37   3/6 LIBOR IO                               60    LIBOR                          6                6                             20100201                        20100301         34         2.750                   3.000                   1.000                     6.000            12.500            2.750                 764   SISA                                    Rate/Term Refinance          Investor                   3-FAMILY
      1103649373                               6.3425              1233   Yes              3YP                             37.82   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.750            3.000                 746   SISA                                    Purchase                     Owner Occupied             SFR
      1103649380                               5.4675           1288.58   Yes              2YP                             40.47   2/6 LIBOR IO                               60    LIBOR                          6                6                             20090301                        20090401         23         3.000                   3.000                   1.000                     6.000            11.875            5.875                 695   Stated                                  Purchase                     Investor                   SFR
      1103649478                                6.968          1,696.25   Yes              1YP                             27.79   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            13.375            7.375                 667   Stated                                  Cash Out Refinance           Investor                   SFR
      1103649499                                5.718            959.28   Yes              3YP                             44.49   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.000            0.000                 801   Full                                    Rate/Term Refinance          Owner Occupied             SFR
      1103649521                                7.093          1,781.25   No               NO                              49.93   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            13.500            3.000                 653   Stated                                  Rate/Term Refinance          Investor                   SFR
      1103649550                               8.3775           1740.47   Yes              3YP                             39.02   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         6.000                   3.000                   1.000                     6.000            15.875            6.000                 652   Full                                    Purchase                     Investor                   4-FAMILY
      1103649552                                5.468          1,416.73   No               XX                              00.00   0/0 XXXXX                                        XXXXX                          6                6                             20120301                        20120401         59         2.500                   3.000                   1.000                     6.000            11.875            2.500                 730   Full                                    Rate/Term Refinance          Owner Occupied             SFR
      1103649572                                6.218          2,253.33   Yes              3YP                             44.93   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.500            0.000                 691   Stated                                  Rate/Term Refinance          Owner Occupied             SFR
      1103649594                              11.5925            654.09   Yes              2YP                             44.95   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.125            0.000                 668   Stated                                  Purchase                     Second Home                HI-RISE
      1103649602                              11.8175            1161.2   No               NO                              38.40   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.350            0.000                 720   Stated                                  Purchase                     Investor                   Condominium
      1103649607                                6.468          1,976.56   Yes              3YP                             28.57   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.875            3.000                 648   Stated                                  Cash Out Refinance           Owner Occupied             Condominium
      1103649618                                4.968            850.39   Yes              3YP                             29.00   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             5.250            0.000                 798   Stated                                  Cash Out Refinance           Investor                   2-FAMILY
      1103649626                                7.343          3,861.46   No               XX                              00.00   0/0 XXXXX                                        XXXXX                          6                6                             20120301                        20120401         59         2.750                   3.000                   1.000                     6.000            13.750            2.750                 618   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      0000000000                               8.0925            956.25   No               NO                              26.22   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            14.500            3.000                 667   Stated                                  Purchase                     Investor                   SFR
      1103649788                                5.593          4,489.77   Yes              3YP                             48.63   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             5.875            0.000                 801   Stated                                  Rate/Term Refinance          Owner Occupied             D-PUDS
      1103649828                                6.528          2,110.13   No               NO                              40.00   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120101                        20120201         57         2.750                   6.000                   2.000                     6.000            14.275            8.275                 646   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103649838                               6.2175           2870.83   Yes              3YP                             44.45   7/6 LIBOR IO                              120    LIBOR                          6                6                             20140301                        20140401         83         2.750                   3.000                   1.000                     6.000            12.625            2.750                 676   Stated                                  Purchase                     Owner Occupied             SFR
      1103649844                               5.7175           2164.17   Yes              3YP                             41.67   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.125            3.000                 651   Stated                                  Purchase                     Owner Occupied             D-PUDS
      1103649879                                5.968          2,586.01   Yes              3YP                             41.71   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.250            0.000                 795   Stated                                  Rate/Term Refinance          Owner Occupied             SFR
      1103649882                              10.1175            1782.5   Yes              3YP                             44.37   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            10.650            0.000                 733   Stated                                  Purchase                     Owner Occupied             3-FAMILY
      1103649902                                5.843          2,000.00   No               NO                              35.06   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         2.750                   3.000                   1.000                     6.000            12.250            2.750                 806   SISA                                    Rate/Term Refinance          Owner Occupied             SFR
      1103649925                                6.093          1,031.88   Yes              3YP                              1.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         2.500                   3.000                   1.000                     6.000            12.500            2.500                 660   Express No Doc                          Cash Out Refinance           Owner Occupied             HI-RISE
      1103649983                               6.4675           4292.58   No               NO                              49.85   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.875            3.000                 709   Stated                                  Purchase                     Investor                   SFR
      1103650057                                5.468          3,116.28   Yes              3YP                             36.92   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             5.750            0.000                 781   Full                                    Cash Out Refinance           Owner Occupied             D-PUDS
      1103650090                                5.468          1,167.15   Yes              3YP                             38.43   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             5.750            0.000                 727   Full                                    Cash Out Refinance           Owner Occupied             SFR
      1103650126                                6.218            897.24   Yes              2YP                              1.00   15YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.500            0.000                 671   Express Non-Verified Assets             Cash Out Refinance           Investor                   SFR
      1103650169                                5.968          1,041.67   Yes              3YP                             41.43   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.250            0.000                 777   Stated                                  Cash Out Refinance           Investor                   SFR
      1103650190                                5.593            800.00   Yes              3YP                             44.03   3/6 LIBOR IO                              120    LIBOR                          6                6                             20100401                        20100501         36         3.000                   3.000                   1.000                     6.000            12.000            3.000                 765   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103650205                               10.968            693.20   Yes              1YP                             40.25   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            11.500            0.000                 764   Stated                                  Rate/Term Refinance          Owner Occupied             SFR
      1103650238                               5.9675              1275   Yes              3YP                             43.13   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         2.500                   3.000                   1.000                     6.000            12.375            2.500                 686   SISA                                    Purchase                     Owner Occupied             Condominium
      0000000000                               7.0925           1394.37   No               NO                              33.51   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            13.500            3.000                 697   Stated                                  Purchase                     Owner Occupied             Condominium
      1103650336                                5.343          3,453.94   Yes              3YP                             40.65   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             5.625            0.000                 760   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103650353                                5.843          2,333.33   Yes              3YP                              0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120201                        20120301         58         2.750                   3.000                   1.000                     6.000            12.250            2.750                 738   Express Non-Verified Assets             Rate/Term Refinance          Investor                   SFR
      1103650439                                5.592          1,439.76   Yes              3YP                             35.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            11.999            3.000                 652   Full                                    Rate/Term Refinance          Owner Occupied             Condominium
      1103650475                                6.468          3,145.70   Yes              3YP                             30.81   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.750            0.000                 638   Stated                                  Cash Out Refinance           Owner Occupied             3-FAMILY
      0000000000                                5.843          1,770.83   Yes              1YP                             48.58   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.250            3.000                 706   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103650588                                5.093          1,791.91   Yes              3YP                             39.87   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             5.375            0.000                 722   Full                                    Rate/Term Refinance          Owner Occupied             SFR
      1103650621                                5.468          4,606.98   Yes              3YP                             24.51   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            11.875            3.000                 690   Stated                                  Rate/Term Refinance          Owner Occupied             SFR
      1103650646                               5.5825           3976.75   Yes              2YP                              1.00   3/6 LIBOR                                        LIBOR                          6                6                             20100301                        20100401         35         3.000                   3.000                   1.000                     6.000            11.990            3.000                 716   Express Verified Assets                 Purchase                     Second Home                Condominium
      1103650664                                6.218          1,915.17   Yes              3YP                             34.89   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.500            0.000                 653   SISA                                    Rate/Term Refinance          Owner Occupied             PUD
      1103650704                               8.4675           3076.67   Yes              6MP                             41.54   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         4.500                   3.000                   1.000                     6.000            14.875            4.500                 651   Stated                                  Purchase                     Owner Occupied             SFR
      0000000000                               5.9675           2018.75   Yes              3YP                             44.00   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.375            3.000                 722   SISA                                    Purchase                     Owner Occupied             SFR
      0000000000                                5.718          1,233.17   Yes              3YP                             24.54   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.125            3.000                 699   Full                                    Cash Out Refinance           Owner Occupied             SFR
      1103650880                                5.468          2,224.18   Yes              3YP                             44.45   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            11.875            3.000                 683   Full                                    Cash Out Refinance           Owner Occupied             D-PUDS
      1103650906                                5.968            892.79   Yes              3YP                             16.00   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.250            0.000                 815   Stated                                  Rate/Term Refinance          Investor                   SFR
      1103650985                                6.468            646.88   Yes              1YP                              0.00   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.750            0.000                 707   Express No Doc                          Cash Out Refinance           Owner Occupied             Condominium
      1103651112                                6.343          2,775.75   No               NO                              44.00   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.625            0.000                 684   Full                                    Rate/Term Refinance          Owner Occupied             SFR
      1103651126                              12.4675            291.48   No               NO                              30.80   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            13.000            0.000                 698   Stated                                  Purchase                     Investor                   Condominium
      1103651168                               6.5925           1060.28   No               NO                              49.05   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         2.750                   3.000                   1.000                     6.000            13.000            2.750                 673   Full                                    Purchase                     Investor                   SFR
      1103651172                              12.0925            452.33   No               NO                              40.14   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.625            0.000                 650   Stated                                  Purchase                     Investor                   SFR
      1103651202                                6.343          2,756.25   No               NO                              29.13   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.750            3.000                 731   SISA                                    Cash Out Refinance           Owner Occupied             D-PUDS
      0000000000                               7.5825           1189.18   Yes              1YP                             44.30   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            13.990            3.000                 706   SISA                                    Purchase                     Owner Occupied             Condominium
      1103651250                                5.968          1,231.43   Yes              2YP                              0.00   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.250            0.000                 755   Express Verified Assets                 Cash Out Refinance           Owner Occupied             SFR
      1103651275                                5.468            770.32   Yes              3YP                             15.32   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             5.750            0.000                 808   Full                                    Cash Out Refinance           Owner Occupied             SFR
      1103651288                                5.968          2,146.25   Yes              3YP                             49.56   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.375            3.000                 622   Full                                    Rate/Term Refinance          Owner Occupied             SFR
      1103651320                                5.693          5,023.87   Yes              3YP                             30.05   15YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             5.975            0.000                 749   Full                                    Rate/Term Refinance          Owner Occupied             SFR
      1103651337                                5.718          2,000.00   No               NO                              15.00   30YR FIXED IO                              60    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.000            0.000                 809   Full                                    Cash Out Refinance           Second Home                SFR
      1103651396                                6.593          2,463.54   Yes              3YP                             41.92   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.875            0.000                 642   Full                                    Rate/Term Refinance          Owner Occupied             SFR
      1103651416                               4.9675           1545.62   No               NO                              26.24   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             5.250            0.000                 808   Full                                    Purchase                     Owner Occupied             PUD
      1103651419                               5.3425           2287.51   No               NO                              35.33   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         5.750                   3.000                   1.000                     6.000            11.750            5.750                 792   Full                                    Purchase                     Owner Occupied             HI-RISE
      1103651616                                5.093          2,566.67   No               NO                              40.00   3/6 LIBOR IO                               60    LIBOR                          6                6                             20100301                        20100401         35         3.000                   3.000                   1.000                     6.000            11.500            3.000                 789   Full                                    Rate/Term Refinance          Owner Occupied             Condominium
      1103651644                               5.7175           1551.26   Yes              3YP                             47.17   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.125            3.000                 698   Stated                                  Purchase                     Owner Occupied             SFR
      1103651658                                5.718            689.48   Yes              2YP                             47.43   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.000            0.000                 716   Full                                    Cash Out Refinance           Owner Occupied             SFR
      1103651685                                6.218          1,040.00   Yes              3YP                             20.87   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.500            0.000                 802   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      0000000000                               5.8425            1062.5   Yes              3YP                             45.15   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         5.125                   3.000                   1.000                     6.000            12.250            5.125                 723   Stated                                  Purchase                     Second Home                SFR
      1103651721                               6.9675            1445.5   No               NO                              34.38   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            13.375            7.375                 683   Stated                                  Purchase                     Investor                   PUD
      0000000000                                5.718          1,888.58   Yes              3YP                             17.53   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.000            0.000                 817   Full                                    Cash Out Refinance           Owner Occupied             SFR
      1103651764                                5.843            750.00   No               NO                              30.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.250            3.000                 641   SISA                                    Cash Out Refinance           Owner Occupied             SFR
      0000000000                                5.968          3,472.65   No               NO                              17.15   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.250            0.000                 771   Full                                    Rate/Term Refinance          Owner Occupied             SFR
      1103651837                                5.968            963.54   No               NO                              45.03   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.250            0.000                 730   Stated                                  Cash Out Refinance           Owner Occupied             D-PUDS
      1103651838                                6.343          1,778.81   Yes              1YP                             28.90   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.625            0.000                 707   Stated                                  Rate/Term Refinance          Investor                   Condominium
      1103651856                                5.968          2,390.63   No               NO                              44.19   7/6 LIBOR IO                              120    LIBOR                          6                6                             20140301                        20140401         83         2.750                   3.000                   1.000                     6.000            12.375            2.750                 732   SISA                                    Cash Out Refinance           Owner Occupied             SFR
      1103651876                                5.718          1,605.00   Yes              3YP                              0.00   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.000            0.000                 727   Express Non-Verified Assets             Rate/Term Refinance          Owner Occupied             SFR
      1103651973                                6.218          1,130.39   No               NO                              35.71   3/6 LIBOR IO                              120    LIBOR                          6                6                             20100101                        20100201         33         2.750                   3.000                   1.000                     6.000            12.625            2.750                 753   Stated                                  Cash Out Refinance           Owner Occupied             2-FAMILY
      1103652059                               6.0925              2379   Yes              3YP                             49.14   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.500                   3.000                   1.000                     6.000            12.500            3.500                 728   Stated                                  Purchase                     Owner Occupied             SFR
      1103652088                                5.468          1,331.67   Yes              3YP                             43.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            11.875            3.000                 760   Full                                    Cash Out Refinance           Owner Occupied             SFR
      1103652103                                5.468          2,439.33   No               NO                              29.77   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             5.750            0.000                 779   Stated                                  Rate/Term Refinance          Owner Occupied             SFR
      1103652104                              12.0925            370.48   Yes              2YP                             36.33   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.625            0.000                 673   Stated                                  Purchase                     Owner Occupied             Condominium
      1103652212                                6.417          2,258.24   Yes              3YP                             43.58   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.699            0.000                 685   SISA                                    Cash Out Refinance           Owner Occupied             SFR
      1103652218                               8.2175              1495   No               NO                              47.86   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            14.625            8.625                 691   Stated                                  Purchase                     Investor                   Condominium
      1103652262                                6.343          1,945.54   Yes              1YP                             41.81   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.625            0.000                 684   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103652293                                5.968          1,001.41   Yes              1YP                             39.35   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.375            3.000                 654   Stated                                  Rate/Term Refinance          Owner Occupied             SFR
      1103652316                               5.9675              3060   Yes              1YP                             42.70   3/6 LIBOR IO                              120    LIBOR                          6                6                             20100301                        20100401         35         2.750                   3.000                   1.000                     6.000            12.375            2.750                 685   Stated                                  Purchase                     Owner Occupied             SFR
      1103652329                                6.252          2,214.12   Yes              2YP                             44.96   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.659            3.000                 628   Full                                    Cash Out Refinance           Owner Occupied             SFR
      1103652333                                6.468          1,342.92   Yes              1YP                             47.80   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.250                   3.000                   1.000                     6.000            12.875            3.250                 672   Stated                                  Rate/Term Refinance          Owner Occupied             SFR
      1103652335                               5.5925           1743.56   No               NO                              26.17   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             5.875            0.000                 723   Full                                    Purchase                     Owner Occupied             Condominium
      1103652343                               6.7175            3296.5   Yes              3YP                             47.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            13.125            3.000                 779   Stated                                  Purchase                     Owner Occupied             4-FAMILY
      1103652351                                5.813          2,094.07   No               NO                              35.36   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.220            3.000                 744   Full                                    Rate/Term Refinance          Investor                   Condominium
      1103652363                                5.968          1,035.94   Yes              3YP                             31.78   3/6 LIBOR IO                               60    LIBOR                          6                6                             20100301                        20100401         35         3.000                   3.000                   1.000                     6.000            12.375            3.000                 679   Stated                                  Cash Out Refinance           Investor                   Condominium
      1103652373                               6.4675           1168.75   Yes              3YP                             44.01   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.875            3.000                 676   Stated                                  Purchase                     Owner Occupied             Condominium
      1103652452                               6.7175           2216.67   Yes              1YP                             42.00   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             7.000            0.000                 630   Stated                                  Purchase                     Owner Occupied             SFR
      1103652458                                5.343          4,785.30   Yes              2YP                             34.15   5/6 LIBOR                                        LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            11.750            3.000                 730   Stated                                  Cash Out Refinance           Owner Occupied             D-PUDS
      1103652492                                5.593          1,374.00   No               NO                              26.79   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.000            3.000                 717   Full                                    Cash Out Refinance           Owner Occupied             SFR
      1103652510                               11.968          1,035.24   No               NO                              39.00   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.500            0.000                 705   Stated                                  Cash Out Refinance           Investor                   SFR
      0000000000                                5.593          2,496.88   Yes              1YP                             35.42   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             5.875            0.000                 704   Full                                    Rate/Term Refinance          Owner Occupied             SFR
      1103652548                                6.968          2,251.18   No               NO                               1.00   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             7.250            0.000                 666   Express Verified Assets                 Rate/Term Refinance          Investor                   SFR
      1103652549                                6.593          1,833.33   Yes              2YP                             38.58   30YR FIXED IO                              60    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.875            0.000                 653   Stated                                  Rate/Term Refinance          Owner Occupied             SFR
      0000000000                               6.2175            851.02   Yes              3YP                             44.95   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.500            0.000                 668   Stated                                  Purchase                     Investor                   SFR
      1103652565                               6.3425              1440   Yes              2YP                             46.39   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         2.500                   3.000                   1.000                     6.000            12.750            2.500                 690   Stated                                  Purchase                     Investor                   Condominium
      1103652605                                5.343          1,157.67   Yes              3YP                             45.61   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            11.750            3.000                 641   Full                                    Rate/Term Refinance          Owner Occupied             SFR
      1103652607                                6.343            712.97   No               NO                              46.79   7/6 LIBOR IO                              120    LIBOR                          6                6                             20140401                        20140501         84         2.750                   3.000                   1.000                     6.000            12.750            2.750                 751   Full                                    Cash Out Refinance           Investor                   Condominium
      1103652612                                6.218          3,511.25   Yes              1YP                              0.00   7/6 LIBOR IO                              120    LIBOR                          6                6                             20140301                        20140401         83         3.000                   3.000                   1.000                     6.000            12.625            3.000                 723   Express Verified Assets                 Rate/Term Refinance          Owner Occupied             SFR
      1103652631                               6.8425           2924.17   Yes              2YP                             48.28   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            13.250            3.000                 682   Stated                                  Purchase                     Owner Occupied             SFR
      1103652634                                6.468            963.00   Yes              3YP                              1.00   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.750            0.000                 711   Express Non-Verified Assets             Cash Out Refinance           Owner Occupied             SFR
      1103652653                                6.218          2,692.61   Yes              3YP                              0.00   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.500            0.000                 760   Express Verified Assets                 Rate/Term Refinance          Owner Occupied             2-FAMILY
      1103652662                                5.918          2,480.00   Yes              1YP                             37.40   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.200            0.000                 802   Stated                                  Rate/Term Refinance          Owner Occupied             PUD
      1103652674                                5.843          3,402.62   Yes              3YP                             31.96   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.125            0.000                 685   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103652697                                6.218          1,210.17   Yes              1YP                             33.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.625            3.000                 655   Stated                                  Cash Out Refinance           Owner Occupied             Condominium
      1103652700                                5.593          2,000.00   Yes              3YP                             40.59   3/6 LIBOR IO                              120    LIBOR                          6                6                             20100301                        20100401         35         3.000                   3.000                   1.000                     6.000            12.000            3.000                 726   Stated                                  Cash Out Refinance           Owner Occupied             2-FAMILY
      1103652713                               5.3425           1686.67   No               NO                              44.87   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            11.750            3.000                 770   Full                                    Purchase                     Owner Occupied             SFR
      1103652729                                6.218          1,034.58   Yes              3YP                             33.54   30YR FIXED IO                              60    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.500            0.000                 622   Express Non-Verified Assets             Rate/Term Refinance          Owner Occupied             SFR
      1103652737                                6.093          3,697.60   Yes              1YP                              0.00   7/6 LIBOR                                        LIBOR                          6                6                             20140301                        20140401         83         3.000                   3.000                   1.000                     6.000            12.500            3.000                 685   Express Verified Assets                 Rate/Term Refinance          Owner Occupied             SFR
      1103652754                               8.4675           3605.47   Yes              3YP                             46.98   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            14.875            3.000                 695   Stated                                  Purchase                     Owner Occupied             3-FAMILY
      1103652758                               6.9675            497.81   Yes              1YP                             41.99   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         2.500                   3.000                   1.000                     6.000            13.375            2.500                 692   Stated                                  Purchase                     Investor                   Condominium
      1103652771                                6.218          2,788.02   Yes              3YP                             24.05   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.625            3.000                 766   SISA                                    Cash Out Refinance           Investor                   2-FAMILY
      1103652779                                5.968          2,734.38   No               NO                              35.00   30YR FIXED IO                              60    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.250            0.000                 780   Full                                    Rate/Term Refinance          Owner Occupied             SFR
      1103652840                                5.718          2,352.00   No               NO                              26.40   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.000            0.000                 773   Stated                                  Cash Out Refinance           Owner Occupied             D-PUDS
      1103652841                                5.218          2,343.75   Yes              2YP                             41.60   3/6 LIBOR IO                              120    LIBOR                          6                6                             20100301                        20100401         35         3.000                   3.000                   1.000                     6.000            11.625            3.000                 772   Full                                    Cash Out Refinance           Owner Occupied             SFR
      1103652847                                5.968          2,310.94   Yes              3YP                             44.43   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.375            3.000                 655   Stated                                  Rate/Term Refinance          Owner Occupied             Condominium
      0000000000                               7.0925            922.61   No               NO                              32.53   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             7.375            0.000                 730   Stated                                  Purchase                     Investor                   SFR
      1103652876                                5.593          4,375.00   Yes              3YP                             27.97   7/6 LIBOR IO                              120    LIBOR                          6                6                             20140401                        20140501         84         3.000                   3.000                   1.000                     6.000            12.000            3.000                 772   Stated                                  Rate/Term Refinance          Second Home                Condominium
      1103652929                               7.0925            615.31   Yes              3YP                             32.43   5/6 LIBOR                                        LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            13.500            3.000                 640   Full                                    Purchase                     Owner Occupied             SFR
      1103652986                                6.093          1,885.94   No               NO                              43.48   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.375            0.000                 768   Full                                    Cash Out Refinance           Owner Occupied             SFR
      0000000000                               5.5925              1505   Yes              2YP                             36.08   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.000            3.000                 732   Stated                                  Purchase                     Owner Occupied             D-PUDS
      1103653039                               5.9675           1859.38   No               NO                              38.00   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         2.750                   3.000                   1.000                     6.000            12.375            2.750                 813   Full                                    Purchase                     Investor                   SFR
      0000000000                               5.9675              3910   No               NO                              29.00   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.375            3.000                 745   Full                                    Purchase                     Second Home                D-PUDS
      1103653060                                5.843          2,927.08   Yes              3YP                             42.06   7/6 LIBOR IO                              120    LIBOR                          6                6                             20140401                        20140501         84         3.000                   3.000                   1.000                     6.000            12.250            3.000                 766   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103653068                                5.093          2,887.50   No               NO                              38.65   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         2.750                   3.000                   1.000                     6.000            11.500            2.750                 719   Stated                                  Cash Out Refinance           Owner Occupied             D-PUDS
      1103653073                               6.2175           1678.33   Yes              1YP                             26.87   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.625            3.000                 704   Stated                                  Purchase                     Investor                   SFR
      1103653093                                5.343          2,357.50   Yes              3YP                             23.37   3/6 LIBOR IO                              120    LIBOR                          6                6                             20100301                        20100401         35         2.750                   3.000                   1.000                     6.000            11.750            2.750                 714   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103653099                                5.718          1,082.08   No               NO                              16.54   3/6 LIBOR IO                               60    LIBOR                          6                6                             20100401                        20100501         36         3.000                   3.000                   1.000                     6.000            12.125            3.000                 804   Full                                    Cash Out Refinance           Owner Occupied             Condominium
      1103653115                                5.718          1,475.10   Yes              3YP                             42.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.125            3.000                 801   Stated                                  Rate/Term Refinance          Second Home                HI-RISE
      1103653161                                6.093          1,296.38   Yes              3YP                             38.80   15YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.375            0.000                 673   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103653165                                5.843          2,343.75   No               NO                              44.03   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         2.750                   3.000                   1.000                     6.000            12.250            2.750                 701   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103653172                                5.718          1,798.65   Yes              1YP                             45.00   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.000            0.000                 713   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103653191                                5.843          3,508.95   Yes              3YP                             37.61   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.125            0.000                 774   Full                                    Rate/Term Refinance          Owner Occupied             SFR
      1103653215                                5.468          3,321.64   Yes              3YP                             43.00   15YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             5.750            0.000                 777   Full                                    Cash Out Refinance           Owner Occupied             SFR
      1103653297                               5.5825           1038.27   Yes              3YP                             31.16   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            11.990            3.000                 755   Stated                                  Purchase                     Owner Occupied             D-PUDS
      1103653310                                6.343          2,302.19   No               NO                              35.52   30YR FIXED IO                              60    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.625            0.000                 726   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103653355                                5.843          2,327.41   No               XX                              00.00   0/0 XXXXX                                        XXXXX                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.250            3.000                 729   Stated                                  Rate/Term Refinance          Investor                   HI-RISE
      1103653358                               8.0925           4249.43   Yes              3YP                             43.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            14.500            3.000                 755   Stated                                  Purchase                     Owner Occupied             4-FAMILY
      1103653380                                5.843          1,029.90   No               NO                              17.17   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.125            0.000                 780   Stated                                  Rate/Term Refinance          Owner Occupied             Condominium
      1103653387                                5.843          1,750.00   Yes              3YP                             35.86   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.250            3.000                 694   Stated                                  Rate/Term Refinance          Owner Occupied             SFR
      1103653393                               7.7025           1085.76   No               XX                              00.00   0/0 XXXXX                                        XXXXX                          6                6                             20120301                        20120401         59         4.125                   3.000                   1.000                     6.000            15.300            9.300                 653   Stated                                  Purchase                     Investor                   SFR
      1103653401                               5.9675           1788.98   No               NO                              41.86   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.375            3.000                 699   Stated                                  Purchase                     Investor                   SFR
      1103653418                                6.093            626.71   Yes              1YP                              1.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.500            3.000                 797   Express Non-Verified Assets             Cash Out Refinance           Investor                   Condominium
      1103653446                                5.273          2,692.08   Yes              3YP                              1.00   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.750                   3.000                   1.000                     6.000            12.500            3.750                 685   Express Non-Verified Assets             Rate/Term Refinance          Owner Occupied             SFR
      1103653448                                5.593          3,708.75   No               NO                              37.99   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.000            3.000                 793   Full                                    Rate/Term Refinance          Owner Occupied             D-PUDS
      1103653455                                5.968          1,847.69   Yes              3YP                             47.69   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         2.500                   3.000                   1.000                     6.000            12.375            2.500                 771   Stated                                  Rate/Term Refinance          Investor                   SFR
      1103653464                                6.093          3,450.42   Yes              3YP                             37.47   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.500            3.000                 780   Stated                                  Rate/Term Refinance          Owner Occupied             3-FAMILY
      0000000000                                6.093          2,588.43   Yes              3YP                             42.59   15YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.375            0.000                 777   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103653506                               6.2175           1391.21   Yes              3YP                             48.28   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.625            3.000                 641   Stated                                  Purchase                     Owner Occupied             SFR
      1103653553                                5.093          1,663.75   No               NO                              31.33   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            11.500            3.000                 803   Stated                                  Rate/Term Refinance          Owner Occupied             D-PUDS
      1103653572                               7.0925              1075   No               NO                              41.76   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            13.500            3.000                 721   Stated                                  Purchase                     Owner Occupied             SFR
      1103653577                                5.593          1,415.00   No               NO                              40.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.000            3.000                 797   SISA                                    Rate/Term Refinance          Investor                   SFR
      1103653599                               6.5925           3153.26   Yes              3YP                              0.00   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.875            0.000                 767   Express Verified Assets                 Purchase                     Investor                   SFR
      1103653605                                5.468          2,276.56   No               NO                              22.73   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            11.875            3.000                 782   Full                                    Rate/Term Refinance          Owner Occupied             D-PUDS
      1103653612                                5.968          2,295.00   Yes              2YP                             44.61   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.375            3.000                 734   Full                                    Rate/Term Refinance          Owner Occupied             SFR
      0000000000                               6.4675           2589.58   No               NO                              44.60   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.875            3.000                 740   Stated                                  Purchase                     Investor                   Condominium
      1103653671                                6.063          1,827.78   Yes              2YP                             40.69   7/6 LIBOR IO                              120    LIBOR                          6                6                             20140401                        20140501         84         3.000                   3.000                   1.000                     6.000            12.470            3.000                 776   Full                                    Rate/Term Refinance          Owner Occupied             Condominium
      1103653689                                6.093            687.92   Yes              6MP                             29.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.500            3.000                 686   Stated                                  Rate/Term Refinance          Investor                   SFR
      1103653742                                6.218          2,040.67   No               XX                              00.00   0/0 XXXXX                                        XXXXX                          6                6                             20140301                        20140401         83         2.500                   3.000                   1.000                     6.000            12.625            2.500                 709   Express No Doc                          Rate/Term Refinance          Owner Occupied             PUD
      1103653785                               6.3425            909.66   Yes              1YP                             43.92   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.750            3.000                 706   Stated                                  Purchase                     Investor                   PUD
      1103653804                               5.3425           2684.44   No               XX                              00.00   0/0 XXXXX                                        XXXXX                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            11.750            3.000                 801   Full                                    Purchase                     Owner Occupied             Condominium
      1103653810                                5.968          1,394.53   Yes              3YP                             40.11   3/6 LIBOR IO                               60    LIBOR                          6                6                             20100401                        20100501         36         3.000                   3.000                   1.000                     6.000            12.375            3.000                 645   Stated                                  Rate/Term Refinance          Investor                   D-PUDS
      0000000000                                6.218          2,097.92   Yes              3YP                             43.69   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         2.750                   3.000                   1.000                     6.000            12.625            2.750                 651   Stated                                  Rate/Term Refinance          Owner Occupied             SFR
      1103653861                               5.4675           1298.83   No               NO                              28.01   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         2.500                   3.000                   1.000                     6.000            11.875            2.500                 752   Full                                    Purchase                     Investor                   Condominium
      1103653863                                5.593          4,259.07   Yes              3YP                             44.79   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             5.875            0.000                 718   Full                                    Cash Out Refinance           Owner Occupied             SFR
      1103653888                                7.718          1,692.89   No               XX                              00.00   0/0 XXXXX                                        XXXXX                          6                6                             20140301                        20140401         83         3.000                   3.000                   1.000                     6.000            14.125            3.000                 694   Stated                                  Cash Out Refinance           Investor                   2-FAMILY
      1103653894                                5.718          2,518.11   Yes              3YP                             29.08   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.000            0.000                 767   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103653897                               6.3425           4162.02   No               NO                              42.82   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.625            0.000                 710   Full                                    Purchase                     Owner Occupied             SFR
      1103653913                                7.093            765.63   Yes              3YP                              1.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            13.500            3.000                 637   Express Verified Assets                 Cash Out Refinance           Investor                   SFR
      1103653929                               7.3425              1550   Yes              3YP                             29.55   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            13.750            3.500                 682   Stated                                  Purchase                     Investor                   D-PUDS
      1103653934                               5.2175           2231.25   Yes              3YP                             45.20   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            11.625            3.000                 716   Stated                                  Purchase                     Owner Occupied             3-FAMILY
      1103653953                               6.3525           1171.39   Yes              3YP                             31.77   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         4.000                   3.000                   1.000                     6.000            13.590            4.000                 750   Stated                                  Purchase                     Owner Occupied             D-PUDS
      1103653975                               9.2525           2898.46   Yes              2YP                              1.00   5/6 LIBOR                                        LIBOR                          6                6                             20120401                        20120501         60         3.875                   3.000                   1.000                     6.000            16.750            3.875                 666   Express Verified Assets                 Purchase                     Investor                   Condominium
      1103653997                                5.468          1,762.50   Yes              3YP                             41.69   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            11.875            3.000                 697   Full                                    Cash Out Refinance           Owner Occupied             Condominium
      1103654006                                5.718          4,307.92   Yes              1YP                             47.03   3/6 LIBOR IO                               60    LIBOR                          6                6                             20100301                        20100401         35         3.500                   3.000                   1.000                     6.000            12.125            3.500                 672   Full                                    Rate/Term Refinance          Owner Occupied             SFR
      1103654026                               6.3425           1956.79   Yes              3YP                             44.32   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.625            0.000                 762   SISA                                    Purchase                     Owner Occupied             SFR
      1103654045                               6.3425              2700   Yes              1YP                             46.07   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.750            3.000                 682   Stated                                  Purchase                     Owner Occupied             Condominium
      0000000000                                6.093            735.85   Yes              1YP                             42.82   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.500            3.000                 709   Stated                                  Rate/Term Refinance          Investor                   SFR
      1103654056                                5.843          2,283.85   No               NO                              50.36   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.250            3.000                 816   Full                                    Rate/Term Refinance          Owner Occupied             D-PUDS
      1103654058                                6.573          1,572.26   Yes              3YP                             45.19   5/6 LIBOR                                        LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.980            3.000                 692   Full                                    Cash Out Refinance           Owner Occupied             SFR
      1103654067                               7.3425            808.91   Yes              3YP                             42.59   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            13.750            7.750                 669   Stated                                  Purchase                     Investor                   2-FAMILY
      1103654075                                7.093          2,250.00   Yes              6MP                             49.75   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            13.500            3.000                 675   Stated                                  Rate/Term Refinance          Owner Occupied             SFR
      1103654097                                5.593          3,750.00   Yes              3YP                             34.84   3/6 LIBOR IO                              120    LIBOR                          6                6                             20100401                        20100501         36         2.750                   3.000                   1.000                     6.000            12.000            2.750                 711   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103654102                                6.218          3,064.06   Yes              3YP                              1.00   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.625            3.000                 639   Express Verified Assets                 Rate/Term Refinance          Investor                   D-PUDS
      1103654122                               5.8425              3125   Yes              3YP                             15.26   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.250            3.000                 689   Full                                    Purchase                     Owner Occupied             D-PUDS
      1103654134                                5.968          1,328.13   Yes              1YP                             49.77   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         2.500                   3.000                   1.000                     6.000            12.375            2.500                 639   Full                                    Cash Out Refinance           Owner Occupied             SFR
      0000000000                               5.3425            1782.5   Yes              3YP                             44.90   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            11.750            3.000                 700   Stated                                  Purchase                     Owner Occupied             Condominium
      1103654139                                5.843          1,990.63   Yes              1YP                             38.96   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.125            0.000                 772   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      0000000000                                5.093          1,329.17   Yes              3YP                             25.12   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            11.500            3.000                 769   Full                                    Rate/Term Refinance          Owner Occupied             SFR
      1103654154                                4.968          2,302.69   Yes              3YP                             31.42   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             5.250            0.000                 759   Full                                    Cash Out Refinance           Owner Occupied             PUD
      1103654164                                5.468          2,576.00   Yes              3YP                             41.28   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             5.750            0.000                 726   Full                                    Cash Out Refinance           Owner Occupied             SFR
      1103654170                               7.0425           2632.33   Yes              3YP                             42.45   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            13.450            3.000                 699   Stated                                  Purchase                     Owner Occupied             SFR
      1103654175                                6.583          1,284.41   Yes              3YP                              1.00   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.990            6.990                 668   Express No Doc                          Cash Out Refinance           Owner Occupied             SFR
      1103654179                               5.3425           1643.54   No               NO                              49.01   3/6 LIBOR IO                               60    LIBOR                          6                6                             20100301                        20100401         35         3.000                   3.000                   1.000                     6.000            11.750            3.000                 700   SISA                                    Purchase                     Owner Occupied             SFR
      1103654181                                5.468          1,282.71   No               NO                              32.00   7/6 LIBOR IO                               60    LIBOR                          6                6                             20140401                        20140501         84         3.000                   3.000                   1.000                     6.000            11.875            3.000                 715   Full                                    Cash Out Refinance           Investor                   SFR
      0000000000                                5.393          2,281.33   Yes              2YP                             30.14   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            11.800            3.000                 706   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103654188                                6.343          2,896.88   Yes              3YP                             40.03   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         2.500                   3.000                   1.000                     6.000            12.750            2.500                 679   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103654193                                5.343          1,359.88   Yes              1YP                             25.79   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            11.750            3.000                 717   Stated                                  Rate/Term Refinance          Owner Occupied             SFR
      0000000000                                5.843          2,276.04   Yes              3YP                             41.43   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.250            3.000                 720   Stated                                  Rate/Term Refinance          Owner Occupied             SFR
      1103654232                                5.843          1,215.22   Yes              3YP                             37.25   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.125            0.000                 746   Full                                    Cash Out Refinance           Investor                   2-FAMILY
      0000000000                               7.3425           1710.79   No               XX                              00.00   0/0 XXXXX                                        XXXXX                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            13.750            3.000                 643   Stated                                  Purchase                     Owner Occupied             SFR
      1103654288                                6.093            818.53   No               XX                              00.00   0/0 XXXXX                                        XXXXX                          6                6                             20120301                        20120401         59         2.500                   3.000                   1.000                     6.000            12.500            2.500                 693   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103654309                                5.718          1,339.84   Yes              2YP                             22.81   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.125            3.000                 740   SISA                                    Rate/Term Refinance          Investor                   Condominium
      0000000000                                5.718            899.33   Yes              3YP                             26.12   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.000            0.000                 761   Full                                    Cash Out Refinance           Owner Occupied             SFR
      1103654355                               5.8425            3312.5   Yes              1YP                             40.62   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.250            3.000                 724   Stated                                  Purchase                     Owner Occupied             SFR
      1103654356                               5.8425           2020.83   Yes              1YP                             46.36   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.250            3.000                 712   Full                                    Purchase                     Owner Occupied             SFR
      1103654375                                6.093            979.48   No               NO                              40.61   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.375            0.000                 680   Stated                                  Rate/Term Refinance          Owner Occupied             SFR
      1103654408                                6.018          3,395.07   No               NO                               1.00   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.300            0.000                 742   Express Verified Assets                 Rate/Term Refinance          Owner Occupied             D-PUDS
      1103654416                                5.968            468.75   Yes              3YP                             15.96   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.250            0.000                 764   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103654433                                6.843          3,035.94   Yes              1YP                             48.83   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         2.500                   3.000                   1.000                     6.000            13.250            2.500                 717   Stated                                  Cash Out Refinance           Investor                   SFR
      0000000000                                5.593          4,300.00   No               NO                              36.92   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.000            3.000                 741   Full                                    Rate/Term Refinance          Owner Occupied             D-PUDS
      1103654472                                6.218          1,787.50   Yes              2YP                             33.94   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.500            0.000                 659   Full                                    Cash Out Refinance           Owner Occupied             2-FAMILY
      1103654482                                4.968            694.27   Yes              3YP                             51.13   3/6 LIBOR IO                              120    LIBOR                          6                6                             20100401                        20100501         36         3.000                   3.000                   1.000                     6.000            11.375            3.000                 740   Full                                    Cash Out Refinance           Owner Occupied             SFR
      1103654489                                5.968          1,847.15   Yes              2YP                             27.20   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.250            0.000                 753   Full                                    Cash Out Refinance           Owner Occupied             PUD
      1103654504                                6.093          1,105.00   Yes              2YP                             39.36   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.375            0.000                 692   Stated                                  Rate/Term Refinance          Owner Occupied             SFR
      1103654507                                6.218          2,502.99   Yes              3YP                             43.38   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.500            0.000                 735   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103654516                                6.093          1,075.21   Yes              2YP                             20.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.500            3.000                 754   Stated                                  Rate/Term Refinance          Investor                   D-PUDS
      1103654522                                5.843          1,869.79   Yes              3YP                             49.82   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.250            3.000                 718   Stated                                  Rate/Term Refinance          Owner Occupied             Condominium
      1103654534                                5.343          1,078.13   Yes              3YP                             31.58   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            11.750            3.000                 763   Full                                    Rate/Term Refinance          Owner Occupied             Condominium
      1103654536                                5.968          1,293.01   Yes              3YP                             28.78   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.250            0.000                 761   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103654539                                5.093          4,485.53   Yes              3YP                             43.83   5/6 LIBOR                                        LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            11.500            3.000                 803   Full                                    Rate/Term Refinance          Owner Occupied             SFR
      1103654546                                7.093          3,125.00   Yes              3YP                             39.83   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            13.500            3.000                 668   Stated                                  Rate/Term Refinance          Investor                   SFR
      1103654548                                6.093          1,841.67   Yes              3YP                             49.79   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         2.500                   3.000                   1.000                     6.000            12.500            2.500                 721   Stated                                  Rate/Term Refinance          Owner Occupied             D-PUDS
      1103654580                                5.843          3,906.25   No               NO                              25.00   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.250            3.000                 704   Stated                                  Cash Out Refinance           Second Home                D-PUDS
      1103654583                                5.968          1,562.50   Yes              3YP                             39.76   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.250            0.000                 707   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103654619                                5.343          1,293.75   Yes              2YP                             29.33   3/6 LIBOR IO                              120    LIBOR                          6                6                             20100301                        20100401         35         2.500                   3.000                   1.000                     6.000            11.750            2.500                 706   Stated                                  Cash Out Refinance           Owner Occupied             Condominium
      1103654622                                5.968          2,526.04   Yes              3YP                             44.26   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.250            0.000                 677   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103654631                                6.843          1,628.23   Yes              2YP                             33.91   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            13.250            7.250                 651   Stated                                  Cash Out Refinance           Investor                   SFR
      1103654636                               5.8425           2083.33   No               NO                               1.00   3/6 LIBOR IO                               60    LIBOR                          6                6                             20100301                        20100401         35         3.000                   3.000                   1.000                     6.000            12.250            3.000                 736   Express Non-Verified Assets             Purchase                     Owner Occupied             D-PUDS
      1103654637                                5.468          4,201.72   Yes              3YP                             42.00   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             5.750            0.000                 789   Full                                    Rate/Term Refinance          Owner Occupied             SFR
      1103654644                                5.593          1,780.00   Yes              2YP                             33.81   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.000            3.000                 773   Full                                    Cash Out Refinance           Owner Occupied             SFR
      1103654688                                5.968          2,339.73   Yes              2YP                              0.00   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.250            0.000                 796   Express Verified Assets                 Rate/Term Refinance          Owner Occupied             D-PUDS
      1103654691                                6.593          1,145.68   Yes              3YP                             42.33   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.875            0.000                 691   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103654727                                5.593          1,677.01   Yes              3YP                             18.74   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             5.875            0.000                 698   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103654743                               4.8425              1575   Yes              3YP                             45.32   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            11.250            3.000                 801   Full                                    Purchase                     Owner Occupied             SFR
      1103654747                                5.043          2,043.75   Yes              3YP                             38.05   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            11.450            3.000                 695   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103654762                                6.633          3,246.96   Yes              3YP                              1.00   40/30 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             7.695            0.000                 662   Express Verified Assets                 Rate/Term Refinance          Investor                   HI-RISE
      0000000000                               7.5825           2130.67   Yes              2YP                             49.30   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            13.990            3.000                 669   Stated                                  Purchase                     Owner Occupied             D-PUDS
      0000000000                                5.843          2,126.64   Yes              3YP                             25.88   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.125            0.000                 728   Stated                                  Cash Out Refinance           Owner Occupied             2-FAMILY
      1103654813                               6.0925           3271.67   Yes              1YP                             33.34   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.500            3.000                 746   Stated                                  Purchase                     Owner Occupied             SFR
      0000000000                               5.4675           1782.08   Yes              3YP                             43.72   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            11.875            3.000                 703   Stated                                  Purchase                     Owner Occupied             Condominium
      1103654829                                5.968          2,215.31   No               NO                               0.00   7/6 LIBOR IO                               60    LIBOR                          6                6                             20140301                        20140401         83         3.000                   3.000                   1.000                     6.000            12.375            3.000                 696   Express No Doc                          Cash Out Refinance           Owner Occupied             SFR
      1103654832                                5.718          3,645.46   Yes              3YP                             35.35   15YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.000            0.000                 685   Full                                    Rate/Term Refinance          Investor                   2-FAMILY
      1103654837                               9.8475            1219.2   Yes              1YP                             46.02   2/6 LIBOR                                        LIBOR                          6                6                             20090301                        20090401         23         7.150                   3.000                   1.000                     6.000            16.255           10.255                 618   Stated                                  Purchase                     Owner Occupied             SFR
      1103654858                                6.218          2,173.83   Yes              3YP                             48.46   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.625            3.000                 690   Stated                                  Rate/Term Refinance          Investor                   Condominium
      1103654873                                5.593          5,491.50   Yes              3YP                             46.43   15YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             5.875            0.000                 684   Full                                    Rate/Term Refinance          Owner Occupied             SFR
      1103654878                                5.593          2,130.00   Yes              3YP                             40.27   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.000            3.000                 698   Stated                                  Rate/Term Refinance          Owner Occupied             SFR
      1103654884                               6.0925           2589.17   Yes              3YP                             48.72   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.500            3.000                 724   Stated                                  Purchase                     Owner Occupied             3-FAMILY
      1103654886                                7.218          2,865.73   Yes              3YP                             32.96   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            13.625            3.000                 706   Stated                                  Rate/Term Refinance          Investor                   SFR
      1103654901                                5.343          1,586.04   Yes              3YP                             22.30   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            11.750            3.000                 753   Full                                    Cash Out Refinance           Owner Occupied             SFR
      0000000000                               6.3425            852.19   Yes              2YP                             18.67   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.750            3.000                 729   Stated                                  Purchase                     Investor                   SFR
      1103654911                                5.718          2,338.25   Yes              2YP                             43.89   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.000            0.000                 765   SISA                                    Cash Out Refinance           Owner Occupied             Condominium
      1103654936                                4.968            985.42   Yes              3YP                             28.84   3/6 LIBOR IO                              120    LIBOR                          6                6                             20100301                        20100401         35         3.000                   3.000                   1.000                     6.000            11.375            3.000                 718   Full                                    Cash Out Refinance           Owner Occupied             2-FAMILY
      0000000000                               5.8425          10416.15   Yes              2YP                             37.78   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.250            3.000                 780   Stated                                  Purchase                     Owner Occupied             D-PUDS
      1103654942                                6.583          3,343.55   Yes              3YP                              1.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.990            3.000                 654   Express Verified Assets                 Cash Out Refinance           Investor                   2-FAMILY
      1103654944                                6.093          1,755.00   No               NO                              38.95   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.500            3.000                 705   Full                                    Rate/Term Refinance          Owner Occupied             SFR
      1103654960                               6.0925              2158   Yes              3YP                             43.19   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         2.500                   3.000                   1.000                     6.000            12.500            2.500                 670   Stated                                  Purchase                     Owner Occupied             SFR
      1103654975                                6.343          3,141.98   No               NO                              40.75   25YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.625            0.000                 775   Full                                    Cash Out Refinance           Owner Occupied             SFR
      1103654979                                6.093          3,337.70   No               NO                              49.56   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.375            0.000                 732   Full                                    Cash Out Refinance           Owner Occupied             SFR
      1103654980                               6.2175           2473.33   Yes              3YP                             43.04   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.625            3.000                 735   Stated                                  Purchase                     Owner Occupied             SFR
      1103654985                               6.5925              1890   No               NO                              44.48   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         2.500                   3.000                   1.000                     6.000            13.000            2.500                 695   Stated                                  Purchase                     Owner Occupied             SFR
      1103654987                                6.343          1,035.00   No               NO                              38.34   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.750            3.000                 757   Full                                    Rate/Term Refinance          Owner Occupied             SFR
      1103654992                               6.5925            873.83   No               NO                              23.68   3/6 LIBOR IO                               60    LIBOR                          6                6                             20100301                        20100401         35         4.500                   3.000                   1.000                     6.000            13.000            7.000                 759   Stated                                  Purchase                     Investor                   SFR
      1103655013                                5.843          1,093.75   No               NO                              30.44   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.250            3.000                 725   Full                                    Rate/Term Refinance          Investor                   SFR
      1103655056                                5.843          1,378.13   Yes              6MP                             33.54   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.125            0.000                 725   Full                                    Rate/Term Refinance          Investor                   2-FAMILY
      1103655063                                5.718          2,521.46   No               NO                               1.00   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         2.750                   3.000                   1.000                     6.000            12.125            2.750                 693   Express No Doc                          Cash Out Refinance           Owner Occupied             SFR
      1103655080                               6.5925           1053.84   Yes              3YP                             43.81   5/6 LIBOR                                        LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            13.000            3.000                 695   Stated                                  Purchase                     Owner Occupied             SFR
      1103655105                                5.718          1,375.57   Yes              3YP                             44.28   3/6 LIBOR IO                               60    LIBOR                          6                6                             20100401                        20100501         36         3.000                   3.000                   1.000                     6.000            12.125            3.000                 717   Stated                                  Rate/Term Refinance          Owner Occupied             SFR
      1103655111                                5.843          2,734.38   Yes              1YP                             31.62   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.250            3.000                 662   Stated                                  Rate/Term Refinance          Owner Occupied             2-FAMILY
      1103655133                                6.218          1,733.33   No               NO                              50.39   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.500            0.000                 685   Full                                    Cash Out Refinance           Owner Occupied             SFR
      1103655137                               5.9675           1491.75   Yes              3YP                             48.21   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.375            3.000                 662   Stated                                  Purchase                     Owner Occupied             SFR
      0000000000                                5.968          1,317.63   Yes              3YP                             52.80   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.250            0.000                 707   Stated                                  Rate/Term Refinance          Investor                   SFR
      1103655143                                7.093            873.01   Yes              3YP                             39.12   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             7.375            0.000                 665   Full                                    Cash Out Refinance           Owner Occupied             SFR
      1103655149                               6.0925           1607.67   Yes              3YP                             46.17   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         5.500                   3.000                   1.000                     6.000            12.500            5.500                 700   Stated                                  Purchase                     Owner Occupied             SFR
      0000000000                                5.968            985.15   Yes              3YP                             25.41   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.250            0.000                 718   Full                                    Cash Out Refinance           Owner Occupied             SFR
      1103655161                               7.4675           1874.25   Yes              3YP                             36.61   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.250                   3.000                   1.000                     6.000            13.875            3.250                 723   Stated                                  Purchase                     Owner Occupied             SFR
      1103655170                                6.843          2,345.31   No               NO                               1.00   30YR FIXED IO                              60    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             7.125            0.000                 695   Express Verified Assets                 Rate/Term Refinance          Investor                   SFR
      0000000000                               6.0925             890.5   Yes              3YP                             49.56   3/6 LIBOR IO                               60    LIBOR                          6                6                             20100301                        20100401         35         3.000                   3.000                   1.000                     6.000            12.500            3.000                 708   Stated                                  Purchase                     Owner Occupied             Condominium
      0000000000                                5.843          2,254.17   Yes              3YP                             37.92   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.250            3.000                 729   Stated                                  Rate/Term Refinance          Owner Occupied             SFR
      1103655312                                6.093          1,733.33   Yes              1YP                             43.72   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.500            3.000                 647   Full                                    Cash Out Refinance           Owner Occupied             SFR
      1103655330                                5.968            738.28   Yes              3YP                             42.42   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.250            0.000                 702   Full                                    Rate/Term Refinance          Owner Occupied             SFR
      1103655336                                7.618            747.21   No               NO                               0.00   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             7.900            0.000                 660   Express Non-Verified Assets             Cash Out Refinance           Owner Occupied             SFR
      1103655338                                5.848            924.06   Yes              3YP                             22.77   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.130            0.000                 723   Full                                    Rate/Term Refinance          Owner Occupied             SFR
      1103655346                                5.843          1,562.50   Yes              2YP                             42.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.250            3.000                 774   Stated                                  Cash Out Refinance           Investor                   SFR
      1103655353                               6.8425           1318.29   Yes              1YP                             38.13   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            13.250            3.000                 752   Stated                                  Purchase                     Investor                   SFR
      0000000000                                6.218          1,542.68   Yes              3YP                             53.05   40/30 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.500            0.000                 653   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103655379                               5.9675           1347.25   Yes              1YP                             43.56   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.375            3.000                 744   Stated                                  Purchase                     Owner Occupied             SFR
      1103655390                                5.968          3,232.52   Yes              2YP                             40.00   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.250            0.000                 694   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103655392                                5.968          5,169.06   Yes              1YP                             35.00   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.375            3.000                 708   Stated                                  Rate/Term Refinance          Owner Occupied             SFR
      1103655427                                6.468          2,360.90   No               NO                              39.26   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.750            0.000                 746   SISA                                    Rate/Term Refinance          Owner Occupied             SFR
      1103655438                                5.968          1,539.29   Yes              3YP                             23.77   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.250            0.000                 736   Full                                    Cash Out Refinance           Owner Occupied             SFR
      0000000000                                5.593          1,000.00   Yes              3YP                             25.78   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.000            3.000                 771   Stated                                  Rate/Term Refinance          Investor                   PUD
      1103655471                                7.343          2,480.00   Yes              2YP                              0.00   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            13.750            3.000                 643   Express Non-Verified Assets             Cash Out Refinance           Owner Occupied             SFR
      1103655477                               7.0925           1347.73   Yes              2YP                             49.40   2/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20090301                        20090401         23         4.620                   3.000                   1.000                     6.000            13.500            7.500                 724   Stated                                  Purchase                     Owner Occupied             SFR
      1103655478                                5.593          3,038.75   Yes              1YP                              0.00   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.000            3.000                 752   Express Non-Verified Assets             Rate/Term Refinance          Owner Occupied             SFR
      0000000000                                5.968          1,126.25   Yes              3YP                             40.93   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.375            3.000                 701   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103655517                                5.968          3,250.99   No               NO                              33.18   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.250            0.000                 784   Full                                    Cash Out Refinance           Owner Occupied             SFR
      1103655520                               5.9675           3385.42   No               NO                              38.51   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.250            0.000                 764   Full                                    Purchase                     Owner Occupied             D-PUDS
      1103655533                                6.093          3,160.34   Yes              3YP                             36.00   5/6 LIBOR                                        LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.500            3.000                 725   Full                                    Rate/Term Refinance          Owner Occupied             D-PUDS
      1103655534                                5.708          2,376.03   Yes              3YP                             32.50   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             5.990            0.000                 643   Full                                    Cash Out Refinance           Owner Occupied             SFR
      1103655535                                5.718          1,592.50   Yes              3YP                             43.85   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.000            0.000                 693   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103655556                                6.093          2,175.47   Yes              2YP                             44.00   30YR FIXED IO                              60    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.375            0.000                 706   SISA                                    Cash Out Refinance           Investor                   SFR
      0000000000                                6.093          2,085.42   Yes              3YP                             44.67   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.500            3.000                 628   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103655568                                5.843          2,541.88   Yes              3YP                             36.56   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.125            0.000                 706   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103655580                                5.468          2,423.44   Yes              3YP                             33.37   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            11.875            3.000                 677   Stated                                  Rate/Term Refinance          Investor                   SFR
      1103655594                               5.7175           2997.75   No               NO                              38.10   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.000            0.000                 801   Full                                    Purchase                     Owner Occupied             D-PUDS
      1103655600                               5.3425           4695.83   No               NO                              47.58   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            11.750            3.000                 786   Full                                    Purchase                     Owner Occupied             SFR
      1103655601                               6.3425               711   Yes              2YP                             36.99   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         2.250                   3.000                   1.000                     6.000            12.750            2.250                 733   Stated                                  Purchase                     Owner Occupied             HI-RISE
      1103655612                                5.718          1,678.74   No               NO                              40.59   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.000            0.000                 736   Full                                    Cash Out Refinance           Owner Occupied             SFR
      1103655619                               5.3425           2381.46   Yes              1YP                             37.26   3/6 LIBOR IO                               60    LIBOR                          6                6                             20100301                        20100401         35         3.000                   3.000                   1.000                     6.000            11.750            3.000                 696   Stated                                  Purchase                     Owner Occupied             SFR
      1103655632                               7.0925           2005.35   No               XX                              00.00   0/0 XXXXX                                        XXXXX                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            13.500            3.000                 664   Stated                                  Purchase                     Owner Occupied             SFR
      1103655644                                5.968          1,657.50   Yes              3YP                             32.65   7/6 LIBOR IO                              120    LIBOR                          6                6                             20140301                        20140401         83         3.000                   3.000                   1.000                     6.000            12.375            3.000                 702   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103655652                                5.718          4,583.54   No               NO                              39.75   7/6 LIBOR IO                              120    LIBOR                          6                6                             20140401                        20140501         84         3.000                   3.000                   1.000                     6.000            12.125            3.000                 786   Full                                    Rate/Term Refinance          Owner Occupied             SFR
      1103655655                                6.593          2,406.25   No               NO                              34.73   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.875            0.000                 691   Full                                    Rate/Term Refinance          Owner Occupied             D-PUDS
      1103655658                                5.968          1,792.97   Yes              3YP                             43.48   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.375            3.000                 627   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103655669                                7.143            663.09   Yes              3YP                             30.77   3/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20100401                        20100501         36         3.000                   3.000                   1.000                     6.000            13.550            3.000                 629   Express Non-Verified Assets             Cash Out Refinance           Owner Occupied             SFR
      1103655672                              13.8475           2567.32   No               NO                              34.35   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            14.380            0.000                 646   Stated                                  Purchase                     Owner Occupied             D-PUDS
      1103655683                               9.2725           3098.81   No               NO                              46.77   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.875                   3.000                   1.000                     6.000            16.500            3.875                 704   SISA                                    Purchase                     Investor                   D-PUDS
      1103655684                               13.968            642.89   Yes              3YP                             49.76   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            14.500            0.000                 654   Stated                                  Rate/Term Refinance          Investor                   2-FAMILY
      1103655692                                5.843         10,152.08   Yes              1YP                             39.73   3/6 LIBOR IO                               60    LIBOR                          6                6                             20100301                        20100401         35         3.000                   3.000                   1.000                     6.000            12.250            3.000                 700   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103655694                                5.468          1,104.50   Yes              3YP                             43.68   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            11.875            3.000                 685   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103655695                               6.0925           2742.19   Yes              1YP                             44.19   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.500            3.000                 723   Stated                                  Purchase                     Investor                   2-FAMILY
      1103655700                                5.843          1,731.77   Yes              3YP                             48.82   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.250            3.000                 639   Stated                                  Rate/Term Refinance          Owner Occupied             SFR
      1103655702                                5.968          1,035.94   Yes              1YP                             38.71   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.375            3.000                 756   Stated                                  Cash Out Refinance           Investor                   D-PUDS
      1103655708                                5.968          1,668.59   No               NO                              40.00   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.250            0.000                 706   Full                                    Cash Out Refinance           Owner Occupied             D-PUDS
      1103655719                                6.218          2,549.63   Yes              2YP                             34.60   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.500            0.000                 780   Full                                    Cash Out Refinance           Owner Occupied             SFR
      1103655727                                5.343          4,312.50   Yes              3YP                             21.89   3/6 LIBOR IO                               60    LIBOR                          6                6                             20100401                        20100501         36         3.000                   3.000                   1.000                     6.000            11.750            3.000                 733   Full                                    Cash Out Refinance           Owner Occupied             SFR
      0000000000                                5.593          2,360.00   No               NO                              39.40   3/6 LIBOR IO                              120    LIBOR                          6                6                             20100301                        20100401         35         2.500                   3.000                   1.000                     6.000            12.000            2.500                 761   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103655748                                5.343          2,878.28   No               NO                              47.54   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             5.625            0.000                 726   Full                                    Rate/Term Refinance          Owner Occupied             D-PUDS
      1103655751                               6.7175           2271.09   Yes              1YP                             44.44   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            13.125            3.000                 723   Stated                                  Purchase                     Owner Occupied             SFR
      1103655755                                5.968            677.34   Yes              1YP                             38.71   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.375            3.000                 756   Stated                                  Cash Out Refinance           Investor                   D-PUDS
      1103655776                                5.343          1,437.50   Yes              6MP                             42.27   3/6 LIBOR IO                              120    LIBOR                          6                6                             20100401                        20100501         36         3.000                   3.000                   1.000                     6.000            11.750            3.000                 695   Stated                                  Cash Out Refinance           Investor                   SFR
      1103655782                                5.843          2,891.51   Yes              1YP                             24.01   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.125            0.000                 775   Full                                    Rate/Term Refinance          Owner Occupied             SFR
      1103655792                                7.093          4,400.42   Yes              3YP                             31.89   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             7.375            0.000                 664   Stated                                  Rate/Term Refinance          Owner Occupied             SFR
      1103655794                               5.8425           3587.33   Yes              3YP                             34.80   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.125            0.000                 781   Full                                    Purchase                     Owner Occupied             D-PUDS
      0000000000                                6.218          3,836.98   Yes              3YP                             31.50   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.625            3.000                 622   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103655826                                5.343          3,258.22   Yes              3YP                             44.22   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             5.625            0.000                 769   Full                                    Cash Out Refinance           Owner Occupied             SFR
      1103655827                                5.968          5,071.05   Yes              3YP                             44.04   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.375            3.000                 695   Stated                                  Rate/Term Refinance          Owner Occupied             SFR
      1103655833                                6.593          6,562.50   Yes              1YP                             36.32   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            13.000            3.000                 686   Stated                                  Rate/Term Refinance          Owner Occupied             D-PUDS
      1103655874                                5.593          1,480.99   No               NO                              43.34   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             5.875            0.000                 717   Full                                    Cash Out Refinance           Owner Occupied             SFR
      1103655891                                6.218          1,191.67   Yes              3YP                             23.00   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.500            0.000                 748   Stated                                  Cash Out Refinance           Second Home                D-PUDS
      1103655895                               6.5925           3033.33   Yes              3YP                             44.62   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            13.000            3.000                 700   Stated                                  Purchase                     Owner Occupied             SFR
      1103655913                                9.273          1,316.73   Yes              2YP                             48.84   5/6 LIBOR                                        LIBOR                          6                6                             20120301                        20120401         59         3.625                   3.000                   1.000                     6.000            16.650            3.625                 689   Stated                                  Cash Out Refinance           Investor                   SFR
      1103655918                               5.2175           1828.13   Yes              3YP                             40.67   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            11.625            3.000                 715   Stated                                  Purchase                     Owner Occupied             SFR
      1103655925                                6.218          1,343.14   Yes              3YP                             25.54   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.500            0.000                 653   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      0000000000                                5.093          2,924.17   Yes              3YP                             43.96   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            11.500            3.000                 703   Stated                                  Rate/Term Refinance          Owner Occupied             SFR
      1103655932                               5.0925            1127.5   Yes              3YP                             13.60   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            11.500            3.000                 773   Full                                    Purchase                     Owner Occupied             D-PUDS
      1103655939                                5.343          2,096.35   Yes              1YP                             41.33   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         4.500                   3.000                   1.000                     6.000            11.750            4.500                 720   Full                                    Rate/Term Refinance          Owner Occupied             SFR
      1103655950                                5.843          1,166.67   Yes              3YP                             40.80   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         2.500                   3.000                   1.000                     6.000            12.250            2.500                 709   SISA                                    Cash Out Refinance           Owner Occupied             SFR
      1103655959                                6.718          2,805.47   Yes              1YP                             39.35   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            13.125            3.000                 626   Full                                    Cash Out Refinance           Owner Occupied             2-FAMILY
      1103655978                                5.968          1,559.67   Yes              3YP                             30.01   5/6 LIBOR                                        LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.375            3.000                 755   Stated                                  Cash Out Refinance           Owner Occupied             Condominium
      1103656001                                5.843          1,380.21   Yes              3YP                             45.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.250            3.000                 729   Stated                                  Rate/Term Refinance          Investor                   SFR
      1103656015                               5.4675            1153.5   Yes              3YP                             36.96   5/6 LIBOR                                        LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            11.875            3.000                 720   Stated                                  Purchase                     Investor                   Condominium
      1103656038                               8.3425           2654.17   No               NO                              37.63   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            14.750            3.000                 718   Stated                                  Purchase                     Investor                   SFR
      1103656048                               5.3425           1391.98   No               NO                              32.81   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            11.750            3.000                 770   Full                                    Purchase                     Owner Occupied             D-PUDS
      1103656056                                5.468          1,419.79   No               NO                              28.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            11.875            3.000                 751   Full                                    Cash Out Refinance           Owner Occupied             SFR
      1103656076                                5.843            616.15   No               NO                              26.59   7/6 LIBOR IO                              120    LIBOR                          6                6                             20140401                        20140501         84         2.500                   3.000                   1.000                     6.000            12.250            2.500                 760   Full                                    Rate/Term Refinance          Owner Occupied             Condominium
      1103656103                                5.718            893.23   No               NO                              29.73   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.125            3.000                 769   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      0000000000                               6.4675           2772.92   Yes              2YP                             46.90   3/6 LIBOR IO                              120    LIBOR                          6                6                             20100401                        20100501         36         2.500                   3.000                   1.000                     6.000            12.875            2.500                 705   Stated                                  Purchase                     Owner Occupied             SFR
      1103656109                                6.093          1,207.92   Yes              3YP                             44.57   3/6 LIBOR IO                               60    LIBOR                          6                6                             20100301                        20100401         35         3.000                   3.000                   1.000                     6.000            12.500            3.000                 643   Stated                                  Cash Out Refinance           Investor                   PUD
      1103656134                                7.843          2,654.17   No               NO                               0.00   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             8.125            0.000                 733   Express No Doc                          Cash Out Refinance           Owner Occupied             SFR
      0000000000                                6.468          4,540.19   No               NO                               0.00   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.750            0.000                 748   Express No Doc                          Cash Out Refinance           Investor                   3-FAMILY
      1103656141                               6.5925           2732.82   No               NO                               0.00   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.875            0.000                 676   Express Verified Assets                 Purchase                     Owner Occupied             PUD
      1103656142                               6.8425           2436.17   No               NO                               0.00   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             7.125            0.000                 639   Express Verified Assets                 Purchase                     Owner Occupied             2-FAMILY
      1103656145                                6.468          5,513.08   No               NO                               0.00   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.750            0.000                 748   Express No Doc                          Cash Out Refinance           Investor                   3-FAMILY
      1103656146                               5.9675            714.23   No               NO                              47.20   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.250            0.000                 790   SISA                                    Purchase                     Second Home                SFR
      1103656164                                6.218          1,407.81   No               NO                              45.10   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         2.500                   3.000                   1.000                     6.000            12.625            2.500                 750   Stated                                  Rate/Term Refinance          Investor                   Condominium
      0000000000                               6.7175           1211.25   Yes              3YP                             31.08   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            13.125            3.000                 720   Stated                                  Purchase                     Investor                   2-FAMILY
      0000000000                                5.548          1,218.69   Yes              3YP                             34.32   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.290            0.000                 773   Full                                    Rate/Term Refinance          Owner Occupied             D-PUDS
      1103656229                                5.843          2,098.69   Yes              3YP                             37.35   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.125            0.000                 774   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103656234                               6.4675            1842.5   Yes              3YP                             42.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.875            3.000                 786   Stated                                  Purchase                     Owner Occupied             SFR
      1103656238                                6.093          1,083.33   Yes              2YP                             31.01   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.500            3.000                 651   Full                                    Cash Out Refinance           Owner Occupied             SFR
      1103656247                                5.843          2,812.50   Yes              1YP                             22.10   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.250            3.000                 740   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103656250                                6.393          1,360.00   Yes              3YP                             44.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.800            3.000                 695   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103656255                               6.3425            2425.5   Yes              3YP                             44.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.750            3.000                 778   Stated                                  Purchase                     Owner Occupied             SFR
      1103656270                                5.468          1,985.26   Yes              3YP                             31.34   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            11.875            3.000                 771   SISA                                    Cash Out Refinance           Owner Occupied             SFR
      0000000000                                5.718          2,638.02   No               NO                              41.99   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.000            0.000                 734   Full                                    Cash Out Refinance           Owner Occupied             D-PUDS
      1103656297                                6.093          1,760.42   Yes              3YP                             42.89   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.500            3.000                 668   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103656341                                5.843          1,781.25   Yes              1YP                             37.59   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.250            3.000                 620   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103656391                               6.3425              1134   Yes              1YP                             28.58   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.750            6.750                 746   Stated                                  Purchase                     Investor                   SFR
      0000000000                                6.843          2,270.84   Yes              2YP                              1.00   5/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            13.250            3.000                 607   Express Non-Verified Assets             Cash Out Refinance           Owner Occupied             SFR
      1103656415                               5.7175           2388.75   Yes              3YP                             37.49   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.125            3.000                 722   Stated                                  Purchase                     Owner Occupied             Condominium
      1103656427                                6.968          3,142.57   Yes              3YP                              0.00   5/6 LIBOR                                        LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            13.375            3.000                 635   Express Non-Verified Assets             Cash Out Refinance           Owner Occupied             SFR
      1103656430                                5.593          2,440.00   Yes              1YP                             40.02   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.000            3.000                 732   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103656441                                5.243          1,619.67   Yes              3YP                             45.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            11.650            3.000                 784   Stated                                  Rate/Term Refinance          Owner Occupied             D-PUDS
      1103656442                               6.4675            429.69   Yes              1YP                             49.84   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.875            3.000                 778   Stated                                  Purchase                     Investor                   SFR
      1103656446                                5.843          1,054.69   Yes              3YP                              1.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         2.500                   3.000                   1.000                     6.000            12.250            2.500                 681   Express Non-Verified Assets             Cash Out Refinance           Owner Occupied             SFR
      1103656467                                5.343          2,951.67   Yes              3YP                              1.00   3/6 LIBOR IO                              120    LIBOR                          6                6                             20100401                        20100501         36         3.000                   3.000                   1.000                     6.000            11.750            3.000                 716   Express Verified Assets                 Cash Out Refinance           Owner Occupied             2-FAMILY
      1103656469                                5.593          3,435.00   Yes              3YP                             34.51   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.000            3.000                 682   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103656471                               6.2175           1056.82   Yes              3YP                             41.20   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.500            0.000                 660   Full                                    Purchase                     Owner Occupied             SFR
      1103656473                                5.343          2,491.67   Yes              3YP                             40.35   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            11.750            3.000                 708   Full                                    Cash Out Refinance           Owner Occupied             SFR
      1103656485                               5.8425           1595.94   Yes              3YP                             29.84   5/6 LIBOR                                        LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.250            3.000                 639   Stated                                  Purchase                     Owner Occupied             SFR
      1103656490                                5.808          1,915.78   Yes              2YP                             47.16   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         4.375                   3.000                   1.000                     6.000            13.625            4.375                 632   Stated                                  Rate/Term Refinance          Owner Occupied             SFR
      0000000000                                5.468          2,374.48   Yes              3YP                              0.00   7/6 LIBOR IO                              120    LIBOR                          6                6                             20140301                        20140401         83         3.000                   3.000                   1.000                     6.000            11.875            3.000                 688   Express Non-Verified Assets             Cash Out Refinance           Owner Occupied             SFR
      1103656534                                6.468          2,578.13   Yes              3YP                             34.35   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         4.500                   3.000                   1.000                     6.000            12.875            4.500                 656   Stated                                  Cash Out Refinance           Owner Occupied             Condominium
      1103656544                                5.033            589.33   No               NO                              23.75   3/6 LIBOR IO                               60    LIBOR                          6                6                             20100301                        20100401         35         3.000                   3.000                   1.000                     6.000            11.440            3.000                 723   Full                                    Cash Out Refinance           Owner Occupied             SFR
      1103656547                                7.273          1,372.56   Yes              3YP                              0.00   5/6 LIBOR                                        LIBOR                          6                6                             20120301                        20120401         59         3.625                   3.000                   1.000                     6.000            14.250            3.625                 762   Express Non-Verified Assets             Cash Out Refinance           Owner Occupied             SFR
      1103656568                                5.093          5,268.03   Yes              3YP                             44.08   15YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             5.375            0.000                 683   Stated                                  Rate/Term Refinance          Owner Occupied             SFR
      1103656569                                6.343          2,345.63   Yes              3YP                             42.93   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.750            3.000                 737   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103656570                                6.218          1,620.67   Yes              3YP                             49.31   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.500            0.000                 705   Full                                    Rate/Term Refinance          Owner Occupied             D-PUDS
      1103656572                               6.3425           2062.69   Yes              3YP                             44.94   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.750            3.000                 661   Stated                                  Purchase                     Owner Occupied             SFR
      1103656583                                5.593          2,124.50   Yes              3YP                             54.26   7/6 LIBOR IO                               60    LIBOR                          6                6                             20140301                        20140401         83         3.000                   3.000                   1.000                     6.000            12.000            3.000                 690   Full                                    Cash Out Refinance           Owner Occupied             PUD
      1103656594                                6.093          2,621.67   Yes              2YP                             43.97   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.500            3.000                 727   Stated                                  Cash Out Refinance           Owner Occupied             2-FAMILY
      1103656613                                5.343          1,907.08   Yes              3YP                              1.00   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            11.750            3.000                 744   Express Verified Assets                 Cash Out Refinance           Owner Occupied             SFR
      1103656618                                6.968            795.89   Yes              3YP                             29.50   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            13.375            3.000                 643   Stated                                  Rate/Term Refinance          Investor                   D-PUDS
      1103656623                               7.8725            1147.5   Yes              3YP                             32.78   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.625                   3.000                   1.000                     6.000            15.000            3.625                 700   Stated                                  Purchase                     Investor                   SFR
      1103656626                                6.093            948.10   Yes              2YP                             37.37   5/6 LIBOR                                        LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.500            3.000                 651   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103656631                                5.593          1,425.00   Yes              3YP                             42.16   3/6 LIBOR IO                              120    LIBOR                          6                6                             20100401                        20100501         36         3.000                   3.000                   1.000                     6.000            12.000            3.000                 673   FISA                                    Cash Out Refinance           Owner Occupied             SFR
      1103656646                               6.5825           1080.54   Yes              1YP                             42.21   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.990            3.000                 759   Stated                                  Purchase                     Investor                   Condominium
      1103656655                                5.593          1,490.00   Yes              1YP                             41.65   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         2.500                   3.000                   1.000                     6.000            12.000            2.500                 746   SISA                                    Cash Out Refinance           Owner Occupied             SFR
      1103656679                               7.7175           1650.39   No               NO                              38.22   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            14.125            3.000                 686   Stated                                  Purchase                     Investor                   2-FAMILY
      1103656681                                6.218          2,604.12   Yes              3YP                             43.47   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.500            0.000                 633   Full                                    Cash Out Refinance           Owner Occupied             SFR
      1103656695                                6.593          1,303.39   Yes              3YP                             53.00   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.875            0.000                 672   Full                                    Cash Out Refinance           Investor                   SFR
      1103656739                               6.7175           1306.25   Yes              3YP                             44.28   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            13.125            3.000                 703   SISA                                    Purchase                     Owner Occupied             D-PUDS
      1103656742                               7.5925            527.85   No               NO                              43.49   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             7.875            0.000                 746   Stated                                  Purchase                     Investor                   SFR
      1103656750                                5.468          3,363.44   Yes              3YP                             45.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            11.875            3.000                 757   Stated                                  Cash Out Refinance           Owner Occupied             D-PUDS
      1103656761                                5.468          2,619.27   No               NO                              40.64   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            11.875            3.000                 733   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103656788                                6.468            583.74   No               NO                              23.61   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.750            0.000                 677   Full                                    Cash Out Refinance           Owner Occupied             SFR
      1103656798                               6.4675            665.44   Yes              2YP                             31.28   3/6 LIBOR IO                               60    LIBOR                          6                6                             20100401                        20100501         36         3.000                   3.000                   1.000                     6.000            12.875            3.000                 711   Stated                                  Purchase                     Investor                   Condominium
      1103656804                                6.343          2,025.00   Yes              2YP                             44.22   7/6 LIBOR IO                              120    LIBOR                          6                6                             20140401                        20140501         84         2.500                   3.000                   1.000                     6.000            12.750            2.500                 682   Express Verified Assets                 Rate/Term Refinance          Owner Occupied             SFR
      1103656807                                5.468          3,066.67   Yes              3YP                             37.27   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             5.750            0.000                 716   Stated                                  Rate/Term Refinance          Owner Occupied             SFR
      1103656818                                6.343          3,583.02   No               NO                              37.34   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.625            0.000                 770   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      0000000000                                5.843          1,822.83   No               NO                              36.18   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.125            0.000                 653   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103656820                               5.5925           2756.86   No               NO                              50.11   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             5.875            0.000                 784   Full                                    Purchase                     Owner Occupied             PUD
      1103656821                                5.718          4,177.09   No               NO                              39.65   15YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.000            0.000                 804   Stated                                  Rate/Term Refinance          Owner Occupied             SFR
      1103656822                               5.4675           2711.28   No               NO                              48.69   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             5.750            0.000                 765   Full                                    Purchase                     Owner Occupied             PUD
      1103656823                               6.2175           2356.25   No               NO                              53.83   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.500            0.000                 787   Alternative                             Purchase                     Owner Occupied             SFR
      1103656824                                6.468          1,395.00   No               NO                              37.76   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.750            0.000                 787   Stated                                  Cash Out Refinance           Owner Occupied             Condominium
      1103656825                               6.0925           1207.27   No               NO                              32.47   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.375            0.000                 674   Full                                    Purchase                     Second Home                SFR
      1103656828                               6.2175           3628.07   No               NO                              31.71   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.500            0.000                 780   Full                                    Purchase                     Owner Occupied             PUD
      1103656829                                5.968          4,002.16   No               NO                              36.10   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.250            0.000                 778   Full                                    Cash Out Refinance           Owner Occupied             SFR
      1103656830                                5.968          1,639.35   No               NO                              21.11   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.250            0.000                 698   Stated                                  Cash Out Refinance           Owner Occupied             Condominium
      1103656831                               5.9675           2672.21   No               NO                              48.15   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.250            0.000                 799   Stated                                  Purchase                     Owner Occupied             SFR
      1103656832                               5.9675           2655.28   No               NO                              37.36   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.250            0.000                 764   Stated                                  Purchase                     Owner Occupied             SFR
      1103656833                                6.093          3,194.21   No               NO                              54.91   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.375            0.000                 706   Alternative                             Cash Out Refinance           Owner Occupied             SFR
      1103656836                                6.093          2,496.88   No               NO                              47.69   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.375            0.000                 799   Full                                    Rate/Term Refinance          Owner Occupied             SFR
      1103656837                                6.093          1,122.97   No               NO                              44.74   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.375            0.000                 760   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103656838                               5.9675           1748.64   No               NO                              39.73   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.250            0.000                 768   Stated                                  Purchase                     Owner Occupied             SFR
      1103656839                                6.093          2,964.38   No               NO                              37.24   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.375            0.000                 801   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103656840                                6.593          3,941.57   No               NO                              52.55   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.875            0.000                 702   Stated                                  Cash Out Refinance           Owner Occupied             PUD
      1103656841                                5.843          1,519.03   No               NO                              34.38   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.125            0.000                 673   Stated                                  Cash Out Refinance           Owner Occupied             PUD
      1103656842                                6.468          3,372.71   No               NO                              42.61   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.750            0.000                 699   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      0000000000                                5.968          3,441.86   No               NO                              47.98   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.250            0.000                 685   Full                                    Cash Out Refinance           Owner Occupied             SFR
      1103656844                                6.468          2,643.75   No               NO                              29.50   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.750            0.000                 749   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103656845                               5.9675           4433.16   No               NO                              43.40   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.250            0.000                 770   Full                                    Purchase                     Owner Occupied             PUD
      1103656860                                6.093          2,688.88   No               NO                              39.73   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.375            0.000                 762   SISA                                    Rate/Term Refinance          Owner Occupied             SFR
      1103656867                               6.0925            573.27   No               NO                              45.00   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.375            0.000                 751   SISA                                    Purchase                     Owner Occupied             SFR
      1103656870                                5.718          1,312.00   No               NO                              53.09   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.000            0.000                 758   Full                                    Rate/Term Refinance          Owner Occupied             SFR
      1103656878                                5.968          2,500.00   No               NO                              49.00   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.250            0.000                 681   Full                                    Cash Out Refinance           Owner Occupied             SFR
      1103656882                                6.968          2,940.78   Yes              1YP                              1.00   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            13.375            3.000                 739   Express No Doc                          Cash Out Refinance           Owner Occupied             D-PUDS
      1103656886                                5.843          1,109.38   Yes              3YP                             34.94   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.250            3.000                 680   Stated                                  Rate/Term Refinance          Investor                   SFR
      1103656897                               5.4675           3781.11   Yes              2YP                             40.69   5/6 LIBOR                                        LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            11.875            3.000                 753   Full                                    Purchase                     Owner Occupied             SFR
      0000000000                                5.468          3,909.94   Yes              3YP                             32.00   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             5.750            0.000                 791   Full                                    Rate/Term Refinance          Owner Occupied             SFR
      1103656911                                5.593          1,123.92   Yes              3YP                             42.78   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             5.875            0.000                 753   Full                                    Cash Out Refinance           Investor                   SFR
      1103656912                                5.343          2,129.93   Yes              3YP                              1.00   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             5.625            0.000                 767   Express Verified Assets                 Cash Out Refinance           Owner Occupied             SFR
      1103656925                               5.4675           1733.28   Yes              2YP                             36.44   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             5.750            0.000                 782   Full                                    Purchase                     Owner Occupied             D-PUDS
      1103656947                                6.218          2,161.79   Yes              3YP                             44.09   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.500            0.000                 682   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103656952                                6.093          1,785.59   No               XX                              00.00   0/0 XXXXX                                        XXXXX                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.500            3.000                 696   Stated                                  Rate/Term Refinance          Owner Occupied             SFR
      1103657001                                5.843          1,994.79   No               NO                              39.28   7/6 LIBOR IO                              120    LIBOR                          6                6                             20140301                        20140401         83         3.000                   3.000                   1.000                     6.000            12.250            3.000                 773   Full                                    Rate/Term Refinance          Owner Occupied             D-PUDS
      1103657011                                6.593          2,800.00   No               NO                              42.14   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         2.500                   3.000                   1.000                     6.000            13.000            2.500                 643   SISA                                    Rate/Term Refinance          Owner Occupied             D-PUDS
      0000000000                               5.7175            2082.5   Yes              3YP                             34.95   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.125            3.000                 706   Stated                                  Purchase                     Owner Occupied             Condominium
      1103657016                                6.093          2,626.49   Yes              3YP                             43.71   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.375            0.000                 770   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103657044                                5.468          2,075.83   Yes              3YP                             25.08   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            11.875            3.000                 778   Full                                    Cash Out Refinance           Owner Occupied             SFR
      1103657053                                5.718            945.29   Yes              1YP                             36.67   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.125            3.000                 770   Full                                    Rate/Term Refinance          Investor                   SFR
      0000000000                                5.343          1,360.83   No               NO                              45.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            11.750            3.000                 745   Full                                    Rate/Term Refinance          Owner Occupied             SFR
      1103657075                                7.468          3,018.75   No               NO                              42.11   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            13.875            3.000                 671   Stated                                  Rate/Term Refinance          Owner Occupied             SFR
      0000000000                                8.467          2,721.67   Yes              3YP                             29.60   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            14.875            3.000                 684   Stated                                  Cash Out Refinance           Investor                   4-FAMILY
      1103657101                               6.5925           2543.33   Yes              3YP                             42.96   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            13.000            3.000                 668   Stated                                  Purchase                     Owner Occupied             D-PUDS
      1103657105                               5.9675           1253.75   No               NO                              50.00   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         2.500                   3.000                   1.000                     6.000            12.375            2.500                 696   Full                                    Purchase                     Owner Occupied             SFR
      1103657119                                5.343          2,567.72   Yes              3YP                             44.47   5/6 LIBOR                                        LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            11.750            3.000                 725   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103657120                                7.343          1,278.75   Yes              3YP                             39.06   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            13.750            3.000                 711   Stated                                  Cash Out Refinance           Investor                   2-FAMILY
      1103657131                                5.593          2,275.00   Yes              3YP                              0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         2.500                   3.000                   1.000                     6.000            12.000            2.500                 649   Express Verified Assets                 Cash Out Refinance           Owner Occupied             PUD
      1103657135                                5.593          1,678.73   Yes              3YP                             39.34   40/30 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             5.875            0.000                 788   Stated                                  Cash Out Refinance           Owner Occupied             2-FAMILY
      1103657143                                5.583          3,299.49   Yes              3YP                             34.17   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            11.990            3.000                 781   Stated                                  Rate/Term Refinance          Owner Occupied             SFR
      1103657154                                5.968            832.73   Yes              1YP                             38.71   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.375            3.000                 756   Stated                                  Cash Out Refinance           Investor                   D-PUDS
      1103657160                                5.968          1,393.31   Yes              3YP                             40.28   15YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.250            0.000                 797   Full                                    Rate/Term Refinance          Owner Occupied             SFR
      1103657173                               5.7175            793.19   Yes              1YP                             34.26   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.125            3.000                 785   Stated                                  Purchase                     Investor                   SFR
      0000000000                                5.143          3,676.88   No               NO                              39.74   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            11.550            3.000                 793   Full                                    Rate/Term Refinance          Owner Occupied             SFR
      1103657198                                5.218          2,980.89   No               NO                              30.00   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             5.500            0.000                 776   Full                                    Rate/Term Refinance          Owner Occupied             SFR
      1103657201                                6.593          1,254.17   Yes              1YP                             32.53   7/6 LIBOR IO                              120    LIBOR                          6                6                             20140401                        20140501         84         3.000                   3.000                   1.000                     6.000            13.000            3.000                 733   Full                                    Cash Out Refinance           Investor                   D-PUDS
      1103657206                               5.8425            642.58   No               NO                              37.14   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         2.750                   3.000                   1.000                     6.000            12.250            2.750                 766   Full                                    Purchase                     Investor                   D-PUDS
      1103657219                               7.3825            904.56   No               NO                              35.73   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.500                   3.000                   1.000                     6.000            14.470            3.500                 794   Stated                                  Purchase                     Second Home                D-PUDS
      1103657249                                5.968          2,215.31   Yes              3YP                             28.54   7/6 LIBOR IO                              120    LIBOR                          6                6                             20140401                        20140501         84         2.500                   3.000                   1.000                     6.000            12.375            2.500                 749   SISA                                    Cash Out Refinance           Investor                   SFR
      1103657325                              10.2525           1507.97   No               XX                              00.00   0/0 XXXXX                                        XXXXX                          6                6                             20120401                        20120501         60         3.875                   3.000                   1.000                     6.000            17.750            3.875                 660   SISA                                    Purchase                     Investor                   Condominium
      1103657327                               5.2175            660.47   Yes              1YP                             46.97   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            11.625            3.000                 796   Full                                    Purchase                     Investor                   PUD
      1103657332                                7.668          1,402.14   No               NO                              47.41   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             7.950            0.000                 624   FISA                                    Cash Out Refinance           Owner Occupied             SFR
      1103657380                               7.0925            1287.5   Yes              3YP                             43.49   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            13.500            7.500                 671   Stated                                  Purchase                     Owner Occupied             SFR
      1103657391                               7.8425           1034.49   Yes              1YP                             48.34   5/6 LIBOR                                        LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            14.250            3.000                 702   Stated                                  Purchase                     Investor                   SFR
      1103657405                                7.598          1,512.02   Yes              2YP                              0.00   5/6 LIBOR                                        LIBOR                          6                6                             20120401                        20120501         60         3.625                   3.000                   1.000                     6.000            14.625            3.625                 712   Express Verified Assets                 Cash Out Refinance           Owner Occupied             D-PUDS
      1103657413                                7.018          2,075.37   Yes              3YP                             45.17   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             8.250            0.000                 633   SISA                                    Cash Out Refinance           Owner Occupied             SFR
      1103657414                                5.968          1,036.46   Yes              1YP                             47.78   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.250            0.000                 633   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103657415                               5.1425            4040.4   Yes              3YP                             27.37   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            11.550            3.000                 780   Full                                    Purchase                     Owner Occupied             SFR
      1103657434                                5.668            873.91   Yes              3YP                             39.97   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             5.950            0.000                 692   Full                                    Cash Out Refinance           Owner Occupied             SFR
      1103657436                                6.093          2,184.00   Yes              3YP                             44.78   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.500            3.000                 712   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103657457                                5.968          1,432.81   Yes              3YP                             42.01   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.250            0.000                 651   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103657458                                5.218            914.06   Yes              1YP                             34.49   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            11.625            3.000                 798   FISA                                    Rate/Term Refinance          Owner Occupied             SFR
      1103657464                                6.093          1,386.67   Yes              3YP                             43.48   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         2.750                   3.000                   1.000                     6.000            12.500            2.750                 673   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103657466                                5.593          1,732.70   Yes              2YP                             39.75   7/6 LIBOR                                        LIBOR                          6                6                             20140301                        20140401         83         3.000                   3.000                   1.000                     6.000            12.000            3.000                 781   Full                                    Rate/Term Refinance          Owner Occupied             SFR
      1103657467                                5.843          3,125.00   Yes              3YP                              1.00   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.250            3.000                 668   Express Verified Assets                 Rate/Term Refinance          Owner Occupied             D-PUDS
      1103657491                               6.3425              1800   No               NO                               1.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         2.750                   3.000                   1.000                     6.000            12.750            2.750                 807   Express No Doc                          Purchase                     Owner Occupied             D-PUDS
      1103657492                                5.438          2,190.94   Yes              3YP                             49.07   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.750                   3.000                   1.000                     6.000            13.125            3.750                 775   Stated                                  Rate/Term Refinance          Owner Occupied             Condominium
      0000000000                                6.218          3,930.83   No               NO                              41.54   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.625            3.000                 685   Stated                                  Rate/Term Refinance          Owner Occupied             D-PUDS
      1103657504                               7.3925            2854.8   No               NO                              31.87   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            13.800            3.000                 636   Stated                                  Purchase                     Owner Occupied             SFR
      1103657517                                5.093          3,974.52   Yes              1YP                             36.73   5/6 LIBOR                                        LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            11.500            3.000                 784   Full                                    Cash Out Refinance           Owner Occupied             SFR
      1103657522                                5.593          1,775.00   Yes              3YP                             33.63   7/6 LIBOR IO                              120    LIBOR                          6                6                             20140401                        20140501         84         3.000                   3.000                   1.000                     6.000            12.000            3.000                 774   Stated                                  Cash Out Refinance           Owner Occupied             D-PUDS
      1103657537                                5.288          2,036.72   Yes              3YP                             45.34   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.875                   3.000                   1.000                     6.000            12.875            3.875                 678   Full                                    Rate/Term Refinance          Owner Occupied             Condominium
      1103657540                                6.468          2,612.50   Yes              3YP                             40.32   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.875            3.000                 663   Stated                                  Rate/Term Refinance          Owner Occupied             SFR
      1103657542                               7.0425            918.34   Yes              3YP                             43.01   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            13.450            3.000                 718   Stated                                  Purchase                     Owner Occupied             SFR
      1103657547                                5.718          1,071.88   Yes              1YP                             46.72   7/6 LIBOR IO                              120    LIBOR                          6                6                             20140401                        20140501         84         3.000                   3.000                   1.000                     6.000            12.125            3.000                 796   Full                                    Rate/Term Refinance          Owner Occupied             D-PUDS
      1103657578                               6.3425              1674   No               NO                               0.00   7/6 LIBOR IO                              120    LIBOR                          6                6                             20140301                        20140401         83         2.750                   3.000                   1.000                     6.000            12.750            2.750                 736   Express Verified Assets                 Purchase                     Owner Occupied             HI-RISE
      1103657590                                5.968          2,852.81   No               NO                              34.19   7/6 LIBOR IO                               60    LIBOR                          6                6                             20140301                        20140401         83         3.000                   3.000                   1.000                     6.000            12.375            3.000                 678   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103657592                                5.968          2,999.22   No               NO                              46.82   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.250            0.000                 789   Full                                    Rate/Term Refinance          Owner Occupied             HI-RISE
      1103657604                               6.9675           1602.78   Yes              3YP                             20.00   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            13.375            3.000                   0   Full                                    Purchase                     Second Home                Condominium
      1103657616                               5.9675            1224.8   Yes              1YP                             49.08   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.375            3.000                 720   Stated                                  Purchase                     Owner Occupied             D-PUDS
      1103657623                                5.718          1,071.88   Yes              3YP                             12.96   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.125            3.000                 744   Stated                                  Cash Out Refinance           Investor                   Condominium
      1103657625                                5.468          1,615.62   No               NO                              24.02   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            11.875            3.000                 726   Full                                    Cash Out Refinance           Owner Occupied             SFR
      1103657629                                5.718          1,071.88   Yes              3YP                             12.96   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.125            3.000                 744   Stated                                  Cash Out Refinance           Investor                   Condominium
      1103657631                                5.468          2,203.12   Yes              3YP                             44.89   7/6 LIBOR IO                              120    LIBOR                          6                6                             20140401                        20140501         84         3.000                   3.000                   1.000                     6.000            11.875            3.000                 737   Stated                                  Rate/Term Refinance          Owner Occupied             D-PUDS
      1103657637                                5.968          2,282.25   Yes              3YP                             28.28   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.375            3.000                 715   Stated                                  Rate/Term Refinance          Investor                   SFR
      1103657652                                7.218          2,880.76   Yes              3YP                             34.55   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             7.500            0.000                 663   Stated                                  Rate/Term Refinance          Owner Occupied             D-PUDS
      1103657672                                5.718          1,796.67   Yes              3YP                             30.32   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.125            3.000                 765   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      0000000000                               5.8425            1937.5   Yes              2YP                             40.13   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         2.500                   3.000                   1.000                     6.000            12.250            2.500                 724   SISA                                    Purchase                     Owner Occupied             SFR
      1103657683                                5.468          2,085.62   Yes              1YP                             39.71   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            11.875            3.000                 781   Full                                    Rate/Term Refinance          Owner Occupied             HI-RISE
      1103657685                                5.968          1,185.26   Yes              3YP                             42.18   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.250            0.000                 747   SISA                                    Cash Out Refinance           Owner Occupied             SFR
      1103657697                               6.9675            1858.5   No               NO                              43.69   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            13.375            3.000                 654   Full                                    Purchase                     Owner Occupied             Condominium
      1103657711                                5.343            996.67   Yes              3YP                             48.17   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            11.750            3.000                 712   Full                                    Cash Out Refinance           Owner Occupied             SFR
      1103657722                               5.8425            1687.5   Yes              1YP                             39.46   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.250            3.000                 678   Stated                                  Purchase                     Owner Occupied             Condominium
      1103657723                                5.718          1,575.00   No               NO                              38.46   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.000            0.000                 699   Full                                    Rate/Term Refinance          Owner Occupied             SFR
      1103657729                               6.4675           2180.05   Yes              2YP                             41.50   5/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20120401                        20120501         60         5.250                   3.000                   1.000                     6.000            12.875            5.250                 681   Stated                                  Purchase                     Owner Occupied             SFR
      1103657735                                6.408            966.92   Yes              3YP                             27.43   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.690            0.000                 632   Full                                    Cash Out Refinance           Owner Occupied             SFR
      1103657738                                5.468          2,325.52   Yes              3YP                             44.22   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            11.875            3.000                 713   Full                                    Cash Out Refinance           Owner Occupied             SFR
      1103657754                                5.343          2,826.47   Yes              3YP                             32.50   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             5.625            0.000                 778   Full                                    Rate/Term Refinance          Owner Occupied             SFR
      0000000000                               6.8425           1249.42   Yes              1YP                             49.24   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            13.250            3.000                 658   Full                                    Purchase                     Owner Occupied             SFR
      1103657781                                5.843            754.59   Yes              3YP                             49.00   40/30 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.125            0.000                 612   Full                                    Cash Out Refinance           Investor                   SFR
      1103657786                                6.593          1,297.92   Yes              2YP                             31.70   7/6 LIBOR IO                              120    LIBOR                          6                6                             20140401                        20140501         84         3.000                   3.000                   1.000                     6.000            13.000            3.000                 740   Stated                                  Cash Out Refinance           Investor                   SFR
      1103657787                                6.343          2,756.25   Yes              3YP                             41.69   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.750            3.000                 735   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103657805                                5.718          1,415.73   Yes              3YP                             54.69   5/6 LIBOR                                        LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.125            3.000                 611   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103657808                                5.468          1,684.17   Yes              3YP                             38.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            11.875            3.000                 654   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103657812                                6.093          2,556.67   Yes              3YP                             44.13   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.500            3.000                 690   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103657814                                6.093          1,665.63   Yes              3YP                             43.54   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.500            3.000                 675   Stated                                  Rate/Term Refinance          Owner Occupied             SFR
      0000000000                               6.4675           1631.67   Yes              3YP                             49.78   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         4.000                   3.000                   1.000                     6.000            12.875            4.000                 719   Stated                                  Purchase                     Owner Occupied             SFR
      1103657848                                5.718          1,360.00   Yes              3YP                              0.00   30YR FIXED IO                              60    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.000            0.000                 718   Express No Doc                          Cash Out Refinance           Owner Occupied             SFR
      1103657853                                6.343          2,805.47   No               NO                              48.69   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.750            3.000                 713   Stated                                  Rate/Term Refinance          Owner Occupied             SFR
      0000000000                                5.718            800.00   Yes              3YP                             23.16   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.000            0.000                 751   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103657867                                5.218          4,500.00   Yes              3YP                             27.94   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            11.625            3.000                 754   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103657877                                7.093          1,937.50   Yes              3YP                             29.94   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            13.500            3.000                 621   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103657893                                6.593            733.33   Yes              1YP                             49.04   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.875            0.000                 664   Full                                    Rate/Term Refinance          Owner Occupied             SFR
      1103657911                                5.968          1,487.50   Yes              3YP                             44.37   3/6 LIBOR IO                              120    LIBOR                          6                6                             20100301                        20100401         35         3.000                   3.000                   1.000                     6.000            12.375            3.000                 721   SISA                                    Rate/Term Refinance          Owner Occupied             SFR
      0000000000                                6.343          1,125.00   Yes              3YP                             31.83   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.750            3.000                 707   Stated                                  Cash Out Refinance           Owner Occupied             D-PUDS
      1103657942                                6.093          1,285.63   Yes              3YP                             48.83   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.375            0.000                 695   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103657948                                7.523            818.17   Yes              3YP                              1.00   5/6 LIBOR                                        LIBOR                          6                6                             20120301                        20120401         59         3.650                   3.000                   1.000                     6.000            14.900            3.650                 690   Express Verified Assets                 Cash Out Refinance           Owner Occupied             SFR
      1103657955                                6.468          2,108.33   Yes              3YP                              0.00   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.875            3.000                 680   Express No Doc                          Cash Out Refinance           Owner Occupied             SFR
      1103657958                                6.343            711.00   Yes              3YP                             41.52   3/6 LIBOR IO                               60    LIBOR                          6                6                             20100401                        20100501         36         3.000                   3.000                   1.000                     6.000            12.750            3.000                 653   Stated                                  Rate/Term Refinance          Owner Occupied             SFR
      1103657967                                5.468            787.74   Yes              2YP                              1.00   3/6 LIBOR IO                              120    LIBOR                          6                6                             20100401                        20100501         36         3.000                   3.000                   1.000                     6.000            11.875            3.000                 737   Stated                                  Cash Out Refinance           Investor                   D-PUDS
      1103657971                                6.468            726.43   Yes              3YP                             38.25   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.750            0.000                 675   Full                                    Cash Out Refinance           Owner Occupied             SFR
      1103657974                                6.718          1,077.95   Yes              3YP                             41.87   5/6 LIBOR                                        LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            13.125            3.000                 675   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103658003                               6.9675           1355.16   Yes              2YP                             37.45   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            13.375            7.375                 694   Stated                                  Purchase                     Investor                   D-PUDS
      1103658030                               6.9675           1284.17   Yes              2YP                             36.61   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            13.375            7.375                 683   Stated                                  Purchase                     Investor                   D-PUDS
      1103658037                                5.593          2,700.00   Yes              1YP                             34.07   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.000            3.000                 779   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103658041                                7.468          1,511.63   Yes              3YP                             36.57   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             7.750            0.000                 626   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103658044                                6.843          1,563.28   No               NO                              39.70   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            13.250            3.000                 762   Stated                                  Cash Out Refinance           Investor                   Condominium
      1103658051                                6.468          2,360.42   Yes              1YP                              1.00   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.875            3.000                 715   Express No Doc                          Rate/Term Refinance          Owner Occupied             SFR
      1103658080                                5.593          3,000.00   Yes              3YP                             40.05   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.000            3.000                 692   Stated                                  Rate/Term Refinance          Owner Occupied             SFR
      1103658087                                6.468            744.79   Yes              3YP                              0.00   7/6 LIBOR IO                              120    LIBOR                          6                6                             20140301                        20140401         83         2.500                   3.000                   1.000                     6.000            12.875            2.500                 641   Express Non-Verified Assets             Cash Out Refinance           Owner Occupied             D-PUDS
      0000000000                                5.393          1,500.27   Yes              1YP                             32.05   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            11.800            3.000                 760   Full                                    Cash Out Refinance           Investor                   D-PUDS
      1103658127                                5.968            911.46   No               NO                              27.82   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.250            0.000                 770   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103658133                                5.843          1,975.73   Yes              3YP                             41.06   5/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20120401                        20120501         60         5.250                   3.000                   1.000                     6.000            12.250            5.250                 735   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103658142                                5.843          2,050.78   Yes              3YP                             45.61   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.250            3.000                 705   Stated                                  Cash Out Refinance           Investor                   SFR
      1103658149                               5.4675           1737.53   Yes              3YP                             32.94   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            11.875            3.000                 709   Full                                    Purchase                     Investor                   HI-RISE
      1103658170                                5.543          2,380.00   Yes              3YP                             39.51   3/6 LIBOR IO                               60    LIBOR                          6                6                             20100401                        20100501         36         3.000                   3.000                   1.000                     6.000            11.950            3.000                 687   Full                                    Cash Out Refinance           Owner Occupied             SFR
      1103658173                               7.3425             697.5   Yes              1YP                             45.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            13.750            3.000                 745   Stated                                  Purchase                     Investor                   SFR
      0000000000                               7.4675           2320.22   Yes              3YP                             26.60   5/6 LIBOR                                        LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            13.875            3.000                 683   Stated                                  Purchase                     Investor                   SFR
      1103658189                                4.968          2,583.58   Yes              1YP                             43.07   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            11.375            3.000                 751   Full                                    Rate/Term Refinance          Owner Occupied             SFR
      1103658200                               6.8425            1060.1   No               XX                              00.00   0/0 XXXXX                                        XXXXX                          6                6                             20090401                        20090501         24         3.000                   3.000                   1.000                     6.000            13.250            7.250                 751   Full                                    Purchase                     Investor                   SFR
      1103658209                                5.343          2,635.42   Yes              3YP                             40.31   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            11.750            3.000                 736   Stated                                  Rate/Term Refinance          Owner Occupied             SFR
      1103658228                                6.093          1,567.19   Yes              3YP                             31.78   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.375            0.000                 727   Stated                                  Rate/Term Refinance          Owner Occupied             SFR
      1103658234                                5.593          2,400.00   No               NO                              39.68   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.000            3.000                 641   Stated                                  Cash Out Refinance           Owner Occupied             D-PUDS
      1103658240                                5.468          4,960.37   Yes              3YP                             37.15   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             5.750            0.000                 783   Full                                    Cash Out Refinance           Owner Occupied             SFR
      1103658279                                6.218          1,094.17   Yes              3YP                             44.80   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.500            0.000                 649   Full                                    Rate/Term Refinance          Owner Occupied             SFR
      1103658281                               5.9675           1123.59   Yes              2YP                             43.54   3/6 LIBOR IO                               60    LIBOR                          6                6                             20100401                        20100501         36         3.000                   3.000                   1.000                     6.000            12.375            3.000                 685   Stated                                  Purchase                     Investor                   SFR
      1103658291                                6.093          2,454.38   No               NO                              35.00   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.375            0.000                 733   Full                                    Cash Out Refinance           Owner Occupied             D-PUDS
      1103658295                               7.8425           1942.46   Yes              3YP                             34.99   5/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            14.250            3.000                 681   Stated                                  Purchase                     Owner Occupied             SFR
      1103658338                               5.4675           4739.17   No               NO                              20.86   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            11.875            3.000                 732   Full                                    Purchase                     Owner Occupied             Townhouse
      0000000000                                5.468          2,766.15   Yes              1YP                             27.93   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            11.875            3.000                 778   Stated                                  Cash Out Refinance           Investor                   SFR
      1103658395                                5.843          1,430.70   Yes              3YP                             43.48   5/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.250            3.000                 628   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103658403                               6.3425           4190.63   Yes              6MP                             47.85   3/6 LIBOR IO                              120    LIBOR                          6                6                             20100301                        20100401         35         3.000                   3.000                   1.000                     6.000            12.750            3.000                 798   Stated                                  Purchase                     Investor                   SFR
      1103658418                                5.968          2,083.33   No               NO                              28.57   30YR FIXED IO                              60    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.250            0.000                 807   Full                                    Rate/Term Refinance          Owner Occupied             SFR
      1103658423                                6.593          2,330.37   Yes              2YP                             31.46   5/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            13.000            3.000                 617   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103658481                                5.218          2,439.84   No               NO                              28.81   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            11.625            3.000                 800   Full                                    Rate/Term Refinance          Owner Occupied             SFR
      1103658503                               5.5925              2280   Yes              2YP                             42.17   3/6 LIBOR IO                               60    LIBOR                          6                6                             20100401                        20100501         36         2.750                   3.000                   1.000                     6.000            12.000            2.750                 691   Stated                                  Purchase                     Owner Occupied             SFR
      1103658540                                6.468          2,643.75   Yes              1YP                              1.00   30YR FIXED IO                              60    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.750            0.000                 799   Express Verified Assets                 Cash Out Refinance           Owner Occupied             2-FAMILY
      1103658544                                6.203          1,962.00   Yes              3YP                             43.81   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         4.125                   3.000                   1.000                     6.000            14.000            4.125                 641   SISA                                    Cash Out Refinance           Owner Occupied             SFR
      1103658545                                5.593          2,561.58   Yes              3YP                              0.00   15YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             5.875            0.000                 666   Express Verified Assets                 Rate/Term Refinance          Owner Occupied             SFR
      1103658555                               5.8425           1473.44   No               NO                              42.62   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.250            3.000                 702   Stated                                  Purchase                     Owner Occupied             SFR
      1103658557                                6.093          1,812.34   Yes              3YP                             44.70   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.375            0.000                 716   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      0000000000                               6.4675           3895.83   Yes              3YP                             43.88   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         2.750                   3.000                   1.000                     6.000            12.875            2.750                 675   Stated                                  Purchase                     Owner Occupied             SFR
      1103658599                                6.593          2,263.33   Yes              3YP                             39.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120201                        20120301         58         3.500                   3.000                   1.000                     6.000            13.000            3.500                 656   Stated                                  Cash Out Refinance           Owner Occupied             2-FAMILY
      1103658600                               6.3425           1402.73   Yes              3YP                             35.52   7/6 LIBOR IO                              120    LIBOR                          6                6                             20140201                        20140301         82         3.500                   3.000                   1.000                     6.000            12.750            3.500                 689   Stated                                  Purchase                     Investor                   SFR
      1103658601                                5.718          2,450.00   No               NO                              34.11   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.500                   3.000                   1.000                     6.000            12.125            3.500                 752   Stated                                  Rate/Term Refinance          Owner Occupied             SFR
      1103658602                               6.4675           2452.08   Yes              3YP                             40.63   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.500                   3.000                   1.000                     6.000            12.875            3.500                 666   Stated                                  Purchase                     Owner Occupied             SFR
      1103658603                                5.343          1,442.29   No               NO                              40.39   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.500                   3.000                   1.000                     6.000            11.750            3.500                 745   Full                                    Cash Out Refinance           Investor                   Condominium
      1103658604                                5.343          1,257.81   No               NO                              35.84   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.500                   3.000                   1.000                     6.000            11.750            3.500                 745   Full                                    Cash Out Refinance           Investor                   Condominium
      1103658605                                5.718          2,552.08   No               NO                              18.35   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120201                        20120301         58         3.500                   3.000                   1.000                     6.000            12.125            3.500                 719   Stated                                  Rate/Term Refinance          Investor                   SFR
      1103658606                                5.843          1,250.00   Yes              3YP                             36.50   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.500                   3.000                   1.000                     6.000            12.250            3.500                 695   Stated                                  Cash Out Refinance           Investor                   SFR
      1103658607                               5.7175           2475.52   Yes              3YP                             33.46   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120201                        20120301         58         3.500                   3.000                   1.000                     6.000            12.125            3.500                 742   Stated                                  Purchase                     Owner Occupied             SFR
      1103658608                                5.968          1,142.19   No               NO                              44.52   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120201                        20120301         58         3.500                   3.000                   1.000                     6.000            12.375            3.500                 684   Stated                                  Rate/Term Refinance          Investor                   Condominium
      0000000000                               6.5925           2566.67   No               NO                              37.90   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.500                   3.000                   1.000                     6.000            13.000            3.500                 715   Stated                                  Purchase                     Owner Occupied             SFR
      1103658610                               6.3425           2489.06   No               NO                              47.69   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120201                        20120301         58         3.500                   3.000                   1.000                     6.000            12.750            3.500                 719   Stated                                  Purchase                     Investor                   SFR
      1103658611                               6.5925           2566.67   Yes              3YP                             39.10   3/6 LIBOR IO                              120    LIBOR                          6                6                             20100201                        20100301         34         3.500                   1.000                   1.000                     6.000            13.000            3.500                 658   Stated                                  Purchase                     Owner Occupied             SFR
      1103658612                                5.968          1,864.69   Yes              3YP                             31.50   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.500                   3.000                   1.000                     6.000            12.375            3.500                 688   Stated                                  Rate/Term Refinance          Owner Occupied             SFR
      1103658613                                5.718          2,347.92   No               NO                              43.37   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.500                   3.000                   1.000                     6.000            12.125            3.500                 746   Stated                                  Rate/Term Refinance          Owner Occupied             PUD
      1103658614                                6.343          2,986.88   Yes              3YP                             44.11   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.500                   3.000                   1.000                     6.000            12.750            3.500                 652   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103658615                                5.468          1,982.81   Yes              3YP                             32.86   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.500                   3.000                   1.000                     6.000            11.875            3.500                 766   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103658616                                5.843          2,109.38   Yes              3YP                             46.72   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.500                   3.000                   1.000                     6.000            12.250            3.500                 804   Full                                    Cash Out Refinance           Investor                   3-FAMILY
      1103658618                               5.2175           1661.21   No               NO                              36.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.500                   3.000                   1.000                     6.000            11.625            3.500                 690   Stated                                  Purchase                     Owner Occupied             SFR
      1103658619                               6.2175              1590   No               NO                              45.30   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.500                   3.000                   1.000                     6.000            12.625            3.500                 673   Stated                                  Purchase                     Owner Occupied             SFR
      1103658620                                6.468          2,041.02   No               NO                              40.09   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.500                   3.000                   1.000                     6.000            12.875            3.500                 692   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103658621                                5.468          2,937.50   No               NO                              47.96   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.500                   3.000                   1.000                     6.000            11.875            3.500                 777   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103658622                               5.5925           1931.25   Yes              3YP                             40.08   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.500                   3.000                   1.000                     6.000            12.000            3.500                 738   Stated                                  Purchase                     Owner Occupied             SFR
      1103658623                               6.5925           1093.75   No               NO                              37.18   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.500                   3.000                   1.000                     6.000            13.000            3.500                 674   Stated                                  Purchase                     Owner Occupied             PUD
      0000000000                               4.9675           1541.95   Yes              3YP                             39.71   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120201                        20120301         58         3.500                   3.000                   1.000                     6.000            11.375            3.500                 665   Stated                                  Purchase                     Owner Occupied             PUD
      1103658626                               5.4675           2913.02   No               NO                              29.50   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.500                   3.000                   1.000                     6.000            11.875            3.500                 753   Stated                                  Purchase                     Owner Occupied             SFR
      1103658627                               6.5925           1859.38   No               NO                              36.33   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.500                   3.000                   1.000                     6.000            13.000            3.500                 801   Stated                                  Purchase                     Investor                   SFR
      1103658631                                6.218          1,188.36   Yes              3YP                             49.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         2.750                   3.000                   1.000                     6.000            12.625            2.750                 686   Full                                    Rate/Term Refinance          Owner Occupied             SFR
      1103658635                                6.218            828.13   Yes              3YP                             49.60   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.625            3.000                 629   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103658661                                5.218          2,952.50   Yes              3YP                             49.66   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             5.500            0.000                 784   Full                                    Rate/Term Refinance          Owner Occupied             SFR
      1103658667                               6.4675            681.37   Yes              3YP                             30.66   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.875            3.000                 747   Stated                                  Purchase                     Investor                   PUD
      1103658676                                5.968          4,263.28   Yes              2YP                             35.52   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.375            3.000                 694   Stated                                  Rate/Term Refinance          Investor                   2-FAMILY
      1103658689                                6.583            729.58   Yes              3YP                             31.00   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.990            3.000                 665   SISA                                    Cash Out Refinance           Investor                   SFR
      1103658713                               8.7175           3132.92   No               NO                               0.00   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         2.500                   3.000                   1.000                     6.000            15.125            2.500                 673   Express Non-Verified Assets             Purchase                     Investor                   SFR
      1103658715                                5.218          1,249.22   Yes              3YP                             41.99   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            11.625            3.000                 721   Stated                                  Rate/Term Refinance          Owner Occupied             Condominium
      1103658726                                6.343          1,912.50   Yes              2YP                             40.32   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.750            3.000                 641   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      0000000000                                5.718          1,828.63   Yes              3YP                             33.10   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.000            0.000                 732   Full                                    Rate/Term Refinance          Owner Occupied             Condominium
      1103658783                                7.343          2,066.02   Yes              1YP                              1.00   7/6 LIBOR IO                              120    LIBOR                          6                6                             20140401                        20140501         84         2.500                   3.000                   1.000                     6.000            13.750            2.500                 701   Express Verified Assets                 Cash Out Refinance           Owner Occupied             D-PUDS
      1103658797                               6.5925           3966.67   Yes              3YP                             43.93   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            13.000            3.000                 660   Stated                                  Purchase                     Owner Occupied             SFR
      1103658812                               5.4675           1982.45   Yes              3YP                             34.81   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            11.875            3.000                 803   Stated                                  Purchase                     Owner Occupied             D-PUDS
      1103658827                                5.593          1,706.59   Yes              2YP                             37.33   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             5.875            0.000                 762   Full                                    Rate/Term Refinance          Owner Occupied             D-PUDS
      1103658828                                5.968          3,864.58   No               NO                              28.49   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.250            0.000                 765   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      0000000000                               5.5165           2060.45   Yes              3YP                             36.54   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             5.799            0.000                 765   Full                                    Purchase                     Owner Occupied             SFR
      1103658832                                6.468            551.31   Yes              3YP                              0.00   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.750            0.000                 647   Express No Doc                          Cash Out Refinance           Owner Occupied             SFR
      1103658834                               5.5925           3005.01   Yes              3YP                             18.68   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             5.875            0.000                 701   Full                                    Purchase                     Owner Occupied             D-PUDS
      1103658835                                7.343          2,944.42   Yes              3YP                              0.00   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             7.625            0.000                 633   Express Verified Assets                 Cash Out Refinance           Owner Occupied             3-FAMILY
      1103658836                               5.7175              2350   Yes              2YP                             40.71   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.000            0.000                 788   Full                                    Purchase                     Owner Occupied             D-PUDS
      1103658837                                5.843          5,164.69   Yes              3YP                             28.65   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.125            0.000                 758   Full                                    Cash Out Refinance           Owner Occupied             SFR
      1103658838                                6.343          4,322.10   Yes              3YP                             48.76   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.625            0.000                 670   SISA                                    Cash Out Refinance           Owner Occupied             SFR
      1103658839                                5.968          1,685.53   No               NO                              37.44   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.250            0.000                 754   Full                                    Cash Out Refinance           Owner Occupied             SFR
      1103658840                                5.718          2,360.73   No               NO                              42.61   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.000            0.000                 771   Full                                    Cash Out Refinance           Owner Occupied             SFR
      1103658841                                5.093          1,528.72   Yes              3YP                             35.17   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             5.375            0.000                 781   Full                                    Cash Out Refinance           Owner Occupied             PUD
      1103658842                                5.718          2,043.27   Yes              3YP                             46.18   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.000            0.000                 712   Full                                    Rate/Term Refinance          Owner Occupied             SFR
      1103658846                                5.843          1,270.94   No               NO                              47.73   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.125            0.000                 773   Full                                    Rate/Term Refinance          Owner Occupied             SFR
      1103658851                                5.593          2,898.54   No               NO                              39.31   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             5.875            0.000                 774   Full                                    Rate/Term Refinance          Owner Occupied             SFR
      1103658861                               6.0925           2418.25   No               NO                               1.00   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.375            0.000                 687   Express Verified Assets                 Purchase                     Owner Occupied             Condominium
      1103658877                                5.343          1,964.58   No               NO                              33.57   3/6 LIBOR IO                               60    LIBOR                          6                6                             20100401                        20100501         36         3.000                   3.000                   1.000                     6.000            11.750            3.000                 803   Full                                    Cash Out Refinance           Owner Occupied             SFR
      1103658886                                5.718          3,088.02   No               NO                              33.51   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120501                        20120601         61         3.000                   3.000                   1.000                     6.000            12.125            3.000                 814   Stated                                  Rate/Term Refinance          Owner Occupied             D-PUDS
      1103658899                                5.378          1,337.42   Yes              3YP                             30.09   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.625                   3.000                   1.000                     6.000            12.625            3.625                 689   Stated                                  Cash Out Refinance           Owner Occupied             D-PUDS
      1103658908                               5.8625           1187.47   Yes              3YP                             48.99   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.500                   3.000                   1.000                     6.000            12.690            3.500                 764   Full                                    Purchase                     Owner Occupied             SFR
      1103658915                                5.593            644.58   Yes              3YP                             36.96   15YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             5.875            0.000                 663   Full                                    Cash Out Refinance           Owner Occupied             SFR
      0000000000                                5.593          2,542.09   Yes              3YP                             41.77   5/6 LIBOR                                        LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.000            3.000                 653   Full                                    Cash Out Refinance           Owner Occupied             D-PUDS
      1103658933                               6.9675            543.91   No               NO                              37.67   3/6 LIBOR IO                               60    LIBOR                          6                6                             20100401                        20100501         36         3.000                   3.000                   1.000                     6.000            13.375            3.000                 739   Stated                                  Purchase                     Investor                   SFR
      1103658934                               7.7175           1083.27   Yes              1YP                             43.49   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            14.125            3.000                 646   Stated                                  Purchase                     Owner Occupied             D-PUDS
      1103658938                                6.468          2,511.67   Yes              3YP                              1.00   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.875            3.000                 716   Express Non-Verified Assets             Cash Out Refinance           Owner Occupied             SFR
      1103658952                                5.468            979.17   Yes              3YP                             30.43   3/6 LIBOR IO                              120    LIBOR                          6                6                             20100401                        20100501         36         3.000                   3.000                   1.000                     6.000            11.875            3.000                 726   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103658970                                5.843          2,858.33   Yes              2YP                             30.40   30YR FIXED IO                              60    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.125            0.000                 742   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      0000000000                               6.4675             425.1   Yes              3YP                             45.90   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         2.500                   3.000                   1.000                     6.000            12.875            2.500                 742   Stated                                  Purchase                     Investor                   SFR
      1103658991                               5.4675           3909.94   Yes              3YP                             39.33   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             5.750            0.000                 780   Stated                                  Purchase                     Owner Occupied             SFR
      1103658992                               6.8425           1894.67   Yes              6MP                             46.11   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            13.250            3.000                 658   SISA                                    Purchase                     Owner Occupied             SFR
      1103659047                               8.2675           1654.03   Yes              3YP                             45.19   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            14.675            3.000                 661   Stated                                  Purchase                     Investor                   SFR
      0000000000                                5.968          1,115.63   No               NO                              32.23   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.375            3.000                 684   Stated                                  Cash Out Refinance           Owner Occupied             Condominium
      1103659081                                5.343          1,413.54   No               NO                              36.16   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            11.750            3.000                 704   Full                                    Cash Out Refinance           Owner Occupied             SFR
      1103659106                               7.8425            736.31   Yes              2YP                             42.05   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            14.250            3.000                 694   Stated                                  Purchase                     Investor                   Condominium
      1103659137                                6.593            788.31   Yes              3YP                             41.05   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.875            0.000                 687   Full                                    Cash Out Refinance           Owner Occupied             SFR
      1103659146                                7.343            831.04   Yes              3YP                             42.10   7/6 LIBOR                                        LIBOR                          6                6                             20140401                        20140501         84         3.000                   3.000                   1.000                     6.000            13.750            3.000                 748   SISA                                    Cash Out Refinance           Owner Occupied             SFR
      1103659150                                5.968          2,507.50   Yes              3YP                             48.49   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.375            3.000                 646   SISA                                    Cash Out Refinance           Owner Occupied             SFR
      1103659166                                5.343          1,581.25   No               NO                               1.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            11.750            3.000                 768   Express Verified Assets                 Cash Out Refinance           Second Home                Condominium
      1103659176                               6.5825            1584.4   Yes              2YP                             40.09   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.990            3.000                 693   SISA                                    Purchase                     Investor                   SFR
      1103659180                                5.843          1,329.95   Yes              3YP                             33.48   5/6 LIBOR                                        LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.250            3.000                 721   Full                                    Rate/Term Refinance          Owner Occupied             SFR
      1103659207                               5.9675           2658.33   Yes              3YP                             43.36   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.250            0.000                 699   Full                                    Purchase                     Owner Occupied             SFR
      1103659209                                5.593          2,735.00   Yes              3YP                              1.00   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            12.000            3.000                 753   Express Verified Assets                 Rate/Term Refinance          Owner Occupied             SFR
      1103659272                                6.468          2,190.83   Yes              3YP                             44.13   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.875            3.000                 724   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      0000000000                               6.8425           1245.79   Yes              1YP                             29.12   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            13.250            3.000                 752   Stated                                  Purchase                     Investor                   SFR
      1103659286                                6.343          1,248.61   Yes              3YP                             33.16   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.625            0.000                 677   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103659293                                6.218            774.58   Yes              6MP                             40.25   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.500            0.000                 770   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103659331                                5.843          1,583.33   Yes              3YP                             36.30   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.250            3.000                 729   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103659333                               6.8425            995.18   Yes              3YP                             43.48   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            13.250            3.000                 721   Stated                                  Purchase                     Investor                   SFR
      1103659341                               5.8425           1131.25   No               NO                              44.65   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         2.750                   3.000                   1.000                     6.000            12.250            2.750                 698   Full                                    Purchase                     Owner Occupied             SFR
      1103659374                               7.0925              1400   Yes              3YP                             44.84   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            13.500            3.000                 721   Stated                                  Purchase                     Owner Occupied             3-FAMILY
      1103659437                                5.843          2,015.63   No               NO                              18.87   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.250            3.000                 643   Full                                    Rate/Term Refinance          Investor                   SFR
      1103659442                                5.468          1,575.65   Yes              3YP                              0.00   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             5.750            0.000                 711   Stated                                  Cash Out Refinance           Investor                   SFR
      1103659473                                5.843          3,577.29   Yes              3YP                              1.00   40/30 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.125            0.000                 630   Express Verified Assets                 Rate/Term Refinance          Owner Occupied             SFR
      1103659475                               5.3425           3166.11   Yes              3YP                             20.22   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             5.625            0.000                 771   Full                                    Purchase                     Owner Occupied             SFR
      1103659600                                5.218          2,542.97   No               NO                              19.99   3/6 LIBOR IO                               60    LIBOR                          6                6                             20100501                        20100601         37         3.000                   3.000                   1.000                     6.000            11.625            3.000                 799   Full                                    Cash Out Refinance           Owner Occupied             SFR
      1103659608                                5.968          1,859.38   Yes              3YP                             28.73   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.375            3.000                 673   Stated                                  Cash Out Refinance           Investor                   SFR
      1103659613                               6.8425           2019.24   Yes              3YP                             42.63   5/6 LIBOR                                        LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            13.250            3.000                 673   Stated                                  Purchase                     Owner Occupied             SFR
      1103659637                                5.843          1,096.59   No               NO                               8.23   7/6 LIBOR                                        LIBOR                          6                6                             20140401                        20140501         84         2.750                   3.000                   1.000                     6.000            12.250            2.750                 788   SISA                                    Rate/Term Refinance          Investor                   SFR
      1103659639                                5.968          1,656.28   Yes              3YP                             36.50   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.250            0.000                 654   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      0000000000                                6.343          4,258.07   Yes              3YP                              1.00   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.625            0.000                 686   Express No Doc                          Cash Out Refinance           Owner Occupied             SFR
      1103659727                               6.4675           2566.67   Yes              3YP                             51.55   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.875            3.000                 723   Full                                    Purchase                     Investor                   2-FAMILY
      1103659728                                5.843            735.00   Yes              3YP                             44.62   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.125            0.000                 737   Full                                    Cash Out Refinance           Owner Occupied             SFR
      1103659753                                5.593          1,225.00   Yes              3YP                             53.17   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120501                        20120601         61         3.000                   3.000                   1.000                     6.000            12.000            3.000                 715   Stated                                  Cash Out Refinance           Investor                   SFR
      0000000000                                6.593          2,341.86   No               XX                              00.00   0/0 XXXXX                                        XXXXX                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            13.000            3.000                 746   Full                                    Cash Out Refinance           Owner Occupied             SFR
      1103659784                                5.843          2,965.14   Yes              3YP                             51.14   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.125            0.000                 777   Stated                                  Rate/Term Refinance          Owner Occupied             SFR
      1103659804                                7.468          1,033.59   Yes              3YP                             19.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.000                   3.000                   1.000                     6.000            13.875            3.000                   0   Stated                                  Cash Out Refinance           Second Home                SFR
      1103659836                               5.5925            2962.5   No               NO                              20.05   3/6 LIBOR IO                               60    LIBOR                          6                6                             20100501                        20100601         37         3.000                   3.000                   1.000                     6.000            12.000            3.000                 799   Full                                    Purchase                     Investor                   SFR
      1103659838                                5.343          2,300.00   Yes              3YP                             44.57   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            11.750            3.000                 774   Full                                    Rate/Term Refinance          Investor                   D-PUDS
      1103659840                               5.9675           4637.81   Yes              3YP                             45.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.375            3.000                 684   Stated                                  Purchase                     Owner Occupied             D-PUDS
      1103659859                               8.3425              1050   Yes              5YP                             21.00   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120101                        20120201         57         3.000                   3.000                   1.000                     6.000            14.750            3.000                   0   Full                                    Purchase                     Second Home                Condominium
      1103659884                                5.343          1,645.94   Yes              3YP                             36.14   3/6 LIBOR IO                               60    LIBOR                          6                6                             20100401                        20100501         36         3.000                   3.000                   1.000                     6.000            11.750            3.000                 786   SISA                                    Rate/Term Refinance          Owner Occupied             SFR
      1103659922                                5.343          3,354.17   Yes              3YP                             28.16   3/6 LIBOR IO                               60    LIBOR                          6                6                             20100401                        20100501         36         3.000                   3.000                   1.000                     6.000            11.750            3.000                 800   Full                                    Cash Out Refinance           Owner Occupied             SFR
      1103659930                                5.218          1,013.16   Yes              3YP                             45.00   5/6 LIBOR                                        LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            11.625            3.000                 763   Stated                                  Rate/Term Refinance          Investor                   3-FAMILY
      1103659944                                5.843          3,875.00   Yes              3YP                             32.10   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.250            3.000                 670   SISA                                    Rate/Term Refinance          Owner Occupied             SFR
      1103659949                                6.218            599.22   Yes              3YP                             44.00   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.500            0.000                 641   FISA                                    Rate/Term Refinance          Owner Occupied             Condominium
      1103659952                                6.093            770.31   Yes              1YP                             45.24   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.375            0.000                 693   Stated                                  Cash Out Refinance           Investor                   SFR
      1103659990                                5.093          2,833.27   Yes              2YP                             22.26   7/6 LIBOR                                        LIBOR                          6                6                             20140401                        20140501         84         3.000                   3.000                   1.000                     6.000            11.500            3.000                 784   Full                                    Rate/Term Refinance          Owner Occupied             SFR
      1103660004                               5.0925            572.92   No               NO                               1.00   7/6 LIBOR IO                               60    LIBOR                          6                6                             20140401                        20140501         84         2.750                   3.000                   1.000                     6.000            11.500            2.750                 687   Express No Doc Verified Assets          Purchase                     Owner Occupied             Condominium
      1103660022                                6.968          2,712.71   Yes              1YP                             46.59   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             7.250            0.000                 680   SISA                                    Rate/Term Refinance          Owner Occupied             SFR
      1103660033                                6.218          3,930.20   Yes              5YP                             44.87   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.500            0.000                 662   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103660039                                6.093          5,312.49   Yes              3YP                             54.49   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.375            0.000                 797   Full                                    Cash Out Refinance           Owner Occupied             SFR
      1103660053                               5.2175           2478.75   Yes              3YP                             31.04   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            11.625            3.000                 802   Full                                    Purchase                     Owner Occupied             D-PUDS
      1103660065                                5.968          3,453.13   No               NO                              47.92   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.375            3.000                 661   Full                                    Rate/Term Refinance          Owner Occupied             SFR
      1103660094                                6.218          1,296.63   Yes              1YP                             36.91   5/6 LIBOR                                        LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.625            3.000                 648   Stated                                  Cash Out Refinance           Investor                   D-PUDS
      1103660127                                6.763          1,091.27   Yes              3YP                             25.03   5/6 LIBOR                                        LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            13.170            3.000                 627   Stated                                  Cash Out Refinance           Investor                   SFR
      1103660147                                6.918            570.00   Yes              3YP                             51.38   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             7.200            0.000                 702   Full                                    Cash Out Refinance           Owner Occupied             SFR
      1103660170                                6.093          2,383.33   Yes              3YP                             38.45   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.500            3.000                 736   Stated                                  Cash Out Refinance           Owner Occupied             2-FAMILY
      1103660245                               6.1225           2703.75   Yes              2YP                             41.73   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.625                   3.000                   1.000                     6.000            13.000            3.625                 768   Stated                                  Purchase                     Owner Occupied             D-PUDS
      1103660261                                6.468          1,168.75   No               NO                              43.64   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.875            3.000                 663   Stated                                  Rate/Term Refinance          Owner Occupied             SFR
      1103660271                               5.8425           1031.25   No               NO                              43.47   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.250            3.000                 800   Stated                                  Purchase                     Second Home                HI-RISE
      1103660279                                6.468            716.15   No               NO                              49.51   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         2.500                   3.000                   1.000                     6.000            12.875            2.500                 627   SISA                                    Cash Out Refinance           Owner Occupied             SFR
      0000000000                                7.093          2,489.06   Yes              3YP                              0.00   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             7.375            0.000                 702   Express Verified Assets                 Cash Out Refinance           Investor                   SFR
      1103660298                               5.2175           1911.25   Yes              3YP                             19.42   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             5.500            0.000                 809   Full                                    Purchase                     Owner Occupied             SFR
      1103660300                                5.593          1,750.00   Yes              3YP                             30.09   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.000            3.000                 810   Full                                    Cash Out Refinance           Owner Occupied             SFR
      1103660328                                5.813          1,347.67   No               NO                              28.85   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.220            3.000                 685   Full                                    Cash Out Refinance           Owner Occupied             SFR
      1103660400                                6.093            916.41   Yes              3YP                             38.58   30YR FIXED IO                              60    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.375            0.000                 743   Full                                    Rate/Term Refinance          Owner Occupied             SFR
      1103660419                                5.968          1,732.80   Yes              3YP                             44.69   5/6 LIBOR                                        LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.375            3.000                 685   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103660460                               5.4675            1809.5   Yes              3YP                             39.96   3/6 LIBOR IO                              120    LIBOR                          6                6                             20100401                        20100501         36         3.000                   3.000                   1.000                     6.000            11.875            3.000                 764   Stated                                  Purchase                     Owner Occupied             SFR
      1103660469                                6.983          1,101.86   Yes              3YP                             39.96   30YR FIXED IO                              60    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             7.265            0.000                 770   SISA                                    Cash Out Refinance           Owner Occupied             SFR
      0000000000                                5.218          2,165.63   Yes              3YP                             52.77   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         5.000                   3.000                   1.000                     6.000            11.625            5.000                 650   Full                                    Cash Out Refinance           Owner Occupied             SFR
      1103660507                               7.8125            1662.3   Yes              3YP                             46.97   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.875                   3.000                   1.000                     6.000            15.250            3.875                 704   SISA                                    Purchase                     Owner Occupied             Condominium
      1103660521                                7.343          1,487.35   Yes              2YP                             29.82   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         5.000                   3.000                   1.000                     6.000            13.750            5.000                 693   Stated                                  Cash Out Refinance           Investor                   SFR
      1103660528                                5.468            998.75   No               NO                              49.55   3/6 LIBOR IO                               60    LIBOR                          6                6                             20100401                        20100501         36         3.500                   3.000                   1.000                     6.000            11.875            3.500                 725   Full                                    Rate/Term Refinance          Second Home                Condominium
      1103660534                                6.093          1,896.20   Yes              3YP                              0.00   5/6 LIBOR                                        LIBOR                          6                6                             20120401                        20120501         60         5.125                   3.000                   3.000                     6.000            12.500            5.125                 672   Express Non-Verified Assets             Cash Out Refinance           Owner Occupied             SFR
      1103660560                                5.468          1,742.92   Yes              3YP                             37.25   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            11.875            3.000                 797   Stated                                  Rate/Term Refinance          Owner Occupied             SFR
      1103660581                                6.093          1,441.12   Yes              3YP                             26.51   5/6 LIBOR                                        LIBOR                          6                6                             20120401                        20120501         60         4.500                   3.000                   1.000                     6.000            12.500            4.500                 682   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      0000000000                                7.218            653.13   No               NO                              36.41   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             7.500            0.000                 645   Stated                                  Cash Out Refinance           Investor                   SFR
      1103660625                                7.718            891.00   Yes              3YP                              1.00   7/6 LIBOR                                        LIBOR                          6                6                             20140401                        20140501         84         3.000                   3.000                   1.000                     6.000            14.125            3.000                 702   Express No Doc                          Cash Out Refinance           Owner Occupied             Condominium
      1103660635                                6.343          2,177.06   Yes              2YP                              1.00   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.625            0.000                 707   Express Non-Verified Assets             Cash Out Refinance           Owner Occupied             SFR
      1103660636                                5.968          1,434.38   Yes              3YP                             47.61   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.375            3.000                 659   SISA                                    Cash Out Refinance           Owner Occupied             SFR
      1103660640                                5.343          1,437.50   Yes              3YP                              1.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            11.750            3.000                 726   Express Verified Assets                 Rate/Term Refinance          Owner Occupied             Condominium
      1103660646                                5.343          2,526.87   No               XX                              00.00   0/0 XXXXX                                        XXXXX                          6                6                             20100401                        20100501         36         3.000                   3.000                   1.000                     6.000            11.750            3.000                 756   Full                                    Rate/Term Refinance          Owner Occupied             SFR
      1103660651                                5.968          1,610.22   Yes              3YP                             49.64   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         2.750                   3.000                   1.000                     6.000            12.375            2.750                 692   Stated                                  Rate/Term Refinance          Investor                   SFR
      1103660675                               6.5925              1750   Yes              3YP                             48.63   2/6 LIBOR IO                               60    LIBOR                          6                6                             20090401                        20090501         24         3.000                   3.000                   1.000                     6.000            13.000            3.000                 751   SISA                                    Purchase                     Owner Occupied             SFR
      1103660684                               7.9675           2233.28   Yes              3YP                             32.03   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            14.375            3.000                 666   Stated                                  Purchase                     Owner Occupied             D-PUDS
      1103660694                                5.843          1,446.94   Yes              2YP                             42.39   5/6 LIBOR                                        LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.250            3.000                 626   SISA                                    Cash Out Refinance           Owner Occupied             SFR
      1103660698                                5.593          1,050.00   Yes              1YP                             49.80   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.000            3.000                 781   Stated                                  Cash Out Refinance           Investor                   SFR
      1103660713                                5.543          1,041.25   Yes              1YP                             49.56   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         5.950                   3.000                   1.000                     6.000            11.950            5.950                 761   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103660727                                5.468            819.28   Yes              3YP                             19.92   5/6 LIBOR                                        LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            11.875            3.000                 654   SISA                                    Cash Out Refinance           Owner Occupied             SFR
      1103660735                                5.718          4,800.12   Yes              2YP                             42.88   7/6 LIBOR                                        LIBOR                          6                6                             20140401                        20140501         84         3.000                   3.000                   1.000                     6.000            12.125            3.000                 776   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103660797                               5.4675           1860.42   Yes              3YP                              0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         2.500                   3.000                   1.000                     6.000            11.875            2.500                 729   Express Verified Assets                 Purchase                     Owner Occupied             D-PUDS
      1103660799                                5.968          1,450.31   Yes              3YP                             49.64   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         2.750                   3.000                   1.000                     6.000            12.375            2.750                 692   Stated                                  Cash Out Refinance           Investor                   SFR
      1103660824                                5.968          1,694.69   Yes              3YP                             38.38   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.375            3.000                 636   SISA                                    Rate/Term Refinance          Owner Occupied             SFR
      1103660862                                5.593          1,315.00   Yes              3YP                             37.18   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.000            3.000                 657   Stated                                  Rate/Term Refinance          Owner Occupied             SFR
      1103660890                               5.0925           3079.84   Yes              3YP                             46.33   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             5.375            0.000                 787   Full                                    Purchase                     Investor                   SFR
      1103660907                                5.718          3,436.02   No               NO                              18.67   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.000            0.000                 796   Full                                    Rate/Term Refinance          Owner Occupied             SFR
      1103660914                                6.093          1,856.01   Yes              1YP                             34.88   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.375            0.000                 773   Full                                    Cash Out Refinance           Investor                   D-PUDS
      1103660915                                6.968          2,280.10   Yes              3YP                              0.00   3/6 LIBOR IO                              120    LIBOR                          6                6                             20100301                        20100401         35         2.875                   6.000                   2.000                     6.000            13.375            2.875                 680   Express Verified Assets                 Cash Out Refinance           Owner Occupied             2-FAMILY
      1103660917                                6.593          2,520.00   Yes              3YP                              0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         2.875                   6.000                   2.000                     6.000            13.000            2.875                 710   Express Verified Assets                 Cash Out Refinance           Owner Occupied             SFR
      1103660918                               5.9675           2146.25   Yes              3YP                              0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         2.875                   6.000                   2.000                     6.000            12.375            2.875                 684   Express Verified Assets                 Purchase                     Owner Occupied             SFR
      1103660920                                6.593          3,324.66   Yes              3YP                              0.00   5/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20120301                        20120401         59         2.875                   6.000                   2.000                     6.000            13.000            2.875                 628   Express Verified Assets                 Cash Out Refinance           Owner Occupied             PUD
      1103660921                                6.093          1,978.84   No               NO                               0.00   5/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20120301                        20120401         59         2.875                   6.000                   2.000                     6.000            12.500            2.875                 627   Express Verified Assets                 Rate/Term Refinance          Owner Occupied             SFR
      1103660922                               7.0625           2490.76   Yes              3YP                              0.00   3/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20100301                        20100401         35         4.000                   6.000                   2.000                     6.000            15.000            4.000                 676   Express Verified Assets                 Purchase                     Second Home                PUD
      1103660924                               6.0925           1343.33   Yes              3YP                              0.00   3/6 LIBOR IO                              120    LIBOR                          6                6                             20100301                        20100401         35         2.875                   6.000                   2.000                     6.000            12.500            2.875                 766   Express Verified Assets                 Purchase                     Owner Occupied             SFR
      1103660925                                6.463          3,177.92   Yes              3YP                              0.00   5/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20120301                        20120401         59         4.000                   6.000                   2.000                     6.000            14.250            4.000                 687   Express Verified Assets                 Rate/Term Refinance          Owner Occupied             PUD
      1103660926                               7.1675           1660.36   Yes              3YP                              0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         4.000                   6.000                   2.000                     6.000            14.875            4.000                 691   Express Verified Assets                 Purchase                     Investor                   PUD
      1103660927                               6.8425           1874.24   Yes              3YP                              0.00   3/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20100301                        20100401         35         2.875                   6.000                   2.000                     6.000            13.250            2.875                 661   Express Verified Assets                 Purchase                     Owner Occupied             PUD
      0000000000                               7.7175            697.03   Yes              3YP                              0.00   5/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20120301                        20120401         59         2.875                   6.000                   2.000                     6.000            14.125            2.875                 632   Express Verified Assets                 Purchase                     Investor                   2-FAMILY
      1103660929                               7.3875            1092.5   No               NO                               0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.750                   6.000                   2.000                     6.000            14.625            3.750                 747   Express No Doc                          Purchase                     Second Home                PUD
      1103660930                               7.0575           2916.19   Yes              3YP                              0.00   5/6 LIBOR                                        LIBOR                          6                6                             20120301                        20120401         59         4.000                   6.000                   2.000                     6.000            14.875            4.000                 644   Express Verified Assets                 Purchase                     Owner Occupied             PUD
      1103660931                                6.343          7,264.30   Yes              3YP                              0.00   5/6 LIBOR                                        LIBOR                          6                6                             20120301                        20120401         59         2.875                   6.000                   2.000                     6.000            12.750            2.875                 685   Express Verified Assets                 Rate/Term Refinance          Owner Occupied             SFR
      1103660932                                7.093          2,072.92   Yes              1YP                             49.30   5/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20120101                        20120201         57         2.875                   6.000                   2.000                     6.000            13.500            2.875                 637   Full                                    Cash Out Refinance           Investor                   SFR
      1103660933                               6.9425           3397.92   No               NO                               0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         4.000                   6.000                   2.000                     6.000            14.750            4.000                 695   Express Verified Assets                 Purchase                     Owner Occupied             SFR
      1103660934                               6.3425           1800.68   Yes              3YP                              0.00   7/6 LIBOR BAL                                    LIBOR                          6                6                             20140201                        20140301         82         2.875                   6.000                   2.000                     6.000            12.750            2.875                 760   Express Verified Assets                 Purchase                     Owner Occupied             SFR
      1103660935                                7.468            439.69   Yes              3YP                              0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         2.875                   6.000                   2.000                     6.000            13.875            2.875                 730   Express No Doc                          Cash Out Refinance           Owner Occupied             Condominium
      0000000000                                6.783          1,567.19   Yes              3YP                              0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         4.000                   6.000                   2.000                     6.000            14.500            4.000                 693   Express Verified Assets                 Rate/Term Refinance          Second Home                SFR
      1103660937                               5.6775            914.27   Yes              1YP                             49.53   5/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20120301                        20120401         59         3.750                   6.000                   2.000                     6.000            13.125            3.750                 730   Stated                                  Purchase                     Owner Occupied             PUD
      1103660938                               7.2825            623.13   Yes              1YP                             49.92   5/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20120301                        20120401         59         3.750                   6.000                   2.000                     6.000            14.500            3.750                 712   Full                                    Purchase                     Investor                   SFR
      1103660939                                7.413          2,782.71   No               NO                               0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         4.000                   6.000                   2.000                     6.000            15.250            4.000                 661   Express Verified Assets                 Cash Out Refinance           Owner Occupied             PUD
      1103660941                                5.718          2,235.81   Yes              3YP                              0.00   5/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20120301                        20120401         59         2.875                   6.000                   2.000                     6.000            12.125            2.875                 736   Express Verified Assets                 Cash Out Refinance           Owner Occupied             SFR
      1103660942                                6.378            741.19   No               NO                               0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         4.000                   6.000                   2.000                     6.000            14.375            4.000                 656   Express Verified Assets                 Cash Out Refinance           Owner Occupied             Condominium
      1103660943                                5.903          1,153.92   Yes              3YP                              0.00   5/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20120301                        20120401         59         3.250                   6.000                   2.000                     6.000            12.750            3.250                 743   Express Verified Assets                 Cash Out Refinance           Owner Occupied             PUD
      0000000000                               6.4675           1214.58   Yes              3YP                              0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         2.875                   6.000                   2.000                     6.000            12.875            2.875                 716   Express Verified Assets                 Purchase                     Owner Occupied             SFR
      1103660945                               6.4675           2625.09   Yes              3YP                              0.00   5/6 LIBOR                                        LIBOR                          6                6                             20120301                        20120401         59         2.875                   6.000                   2.000                     6.000            12.875            2.875                 684   Express Verified Assets                 Purchase                     Owner Occupied             SFR
      1103660946                               6.7825           1451.46   Yes              3YP                              0.00   5/6 LIBOR                                        LIBOR                          6                6                             20120301                        20120401         59         4.000                   6.000                   2.000                     6.000            14.750            4.000                 633   Express Verified Assets                 Purchase                     Second Home                Condominium
      1103660947                               6.2175           1307.65   No               NO                               0.00   5/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20120301                        20120401         59         2.875                   6.000                   2.000                     6.000            12.625            2.875                 732   Express Verified Assets                 Purchase                     Owner Occupied             SFR
      1103660948                               6.7175            1416.6   Yes              3YP                             44.25   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         2.875                   6.000                   2.000                     6.000            13.125            2.875                 662   Stated                                  Purchase                     Owner Occupied             PUD
      1103660949                               7.2175             976.3   Yes              3YP                              0.00   5/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20120301                        20120401         59         2.875                   6.000                   2.000                     6.000            13.625            2.875                 693   Express Verified Assets                 Purchase                     Investor                   SFR
      1103660950                               6.9675           1446.79   Yes              3YP                              0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         2.875                   6.000                   2.000                     6.000            13.375            2.875                 680   Express No Doc                          Purchase                     Owner Occupied             Condominium
      0000000000                               6.3425           1387.72   Yes              3YP                              0.00   3/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20100301                        20100401         35         2.875                   6.000                   2.000                     6.000            12.750            2.875                 732   Express Verified Assets                 Purchase                     Owner Occupied             SFR
      1103660952                               7.8425           2370.84   Yes              3YP                              0.00   3/6 LIBOR IO                              120    LIBOR                          6                6                             20100301                        20100401         35         2.875                   6.000                   2.000                     6.000            14.250            2.875                 675   Express No Doc                          Purchase                     Second Home                PUD
      1103660953                                7.593          1,019.93   Yes              3YP                              0.00   5/6 LIBOR                                        LIBOR                          6                6                             20120301                        20120401         59         2.875                   6.000                   2.000                     6.000            14.000            2.875                 640   Express No Doc                          Cash Out Refinance           Investor                   SFR
      1103660954                                6.778          1,566.15   Yes              1YP                              0.00   5/6 LIBOR                                        LIBOR                          6                6                             20120301                        20120401         59         3.500                   6.000                   2.000                     6.000            13.875            3.500                 728   Express No Doc                          Cash Out Refinance           Owner Occupied             PUD
      1103660955                                6.343          2,520.00   Yes              3YP                              0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         2.875                   6.000                   2.000                     6.000            12.750            2.875                 654   Express Verified Assets                 Rate/Term Refinance          Owner Occupied             Condominium
      1103660959                               7.2475           1199.97   Yes              3YP                              0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.500                   6.000                   2.000                     6.000            14.375            3.500                 801   Express No Doc                          Purchase                     Second Home                Condominium
      1103660960                                6.218          1,176.88   Yes              3YP                              0.00   5/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20120301                        20120401         59         2.875                   6.000                   2.000                     6.000            12.625            2.875                 739   Express Verified Assets                 Cash Out Refinance           Owner Occupied             PUD
      1103660961                                6.593          1,138.46   Yes              3YP                              0.00   5/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20120301                        20120401         59         2.875                   6.000                   2.000                     6.000            13.000            2.875                 739   Express Verified Assets                 Cash Out Refinance           Investor                   PUD
      1103660962                               6.4675            893.29   Yes              3YP                              0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         2.875                   6.000                   2.000                     6.000            12.875            2.875                 722   Express No Doc                          Purchase                     Owner Occupied             Condominium
      1103660963                               7.7175           2545.83   Yes              3YP                              0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         2.875                   6.000                   2.000                     6.000            14.125            2.875                 667   Express No Doc                          Purchase                     Owner Occupied             2-FAMILY
      1103660964                               6.6875           1583.17   Yes              3YP                              0.00   5/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20120301                        20120401         59         3.625                   6.000                   2.000                     6.000            13.875            3.625                 751   Express No Doc                          Purchase                     Second Home                PUD
      1103660965                               5.8425           1651.01   Yes              3YP                              0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         2.875                   6.000                   2.000                     6.000            12.250            2.875                 781   Express Verified Assets                 Purchase                     Owner Occupied             PUD
      1103660966                               6.7175               855   Yes              3YP                              0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         2.875                   6.000                   2.000                     6.000            13.125            2.875                 752   Express Verified Assets                 Purchase                     Owner Occupied             Condominium
      1103660967                               7.4125           2071.09   Yes              3YP                              0.00   5/6 LIBOR                                        LIBOR                          6                6                             20120301                        20120401         59         4.000                   6.000                   2.000                     6.000            15.250            4.000                 670   Express No Doc                          Purchase                     Second Home                SFR
      1103660968                                6.673          1,290.00   Yes              3YP                              0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.875                   6.000                   2.000                     6.000            14.000            3.875                 684   Express No Doc                          Cash Out Refinance           Owner Occupied             SFR
      0000000000                               6.9325           1472.31   No               NO                               0.00   5/6 LIBOR                                        LIBOR                          6                6                             20120301                        20120401         59         4.000                   6.000                   2.000                     6.000            14.750            4.000                 656   Express Verified Assets                 Purchase                     Owner Occupied             PUD
      1103660970                                5.593          3,576.39   Yes              3YP                             46.45   3/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20100301                        20100401         35         2.875                   6.000                   2.000                     6.000            12.000            2.875                 708   Full                                    Rate/Term Refinance          Owner Occupied             PUD
      1103660971                                6.553          1,770.21   No               NO                               0.00   5/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20120301                        20120401         59         3.375                   6.000                   2.000                     6.000            13.500            3.375                 681   Express Verified Assets                 Cash Out Refinance           Owner Occupied             SFR
      1103660972                               6.3525           1740.88   No               NO                               0.00   5/6 LIBOR                                        LIBOR                          6                6                             20120301                        20120401         59         4.000                   6.000                   2.000                     6.000            13.750            4.000                 654   Express Verified Assets                 Purchase                     Owner Occupied             SFR
      1103660973                               7.3425           1435.69   Yes              3YP                              0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         2.875                   6.000                   2.000                     6.000            13.750            2.875                 701   Express Verified Assets                 Purchase                     Investor                   2-FAMILY
      1103660974                               6.6625           1415.27   Yes              3YP                              0.00   5/6 LIBOR                                        LIBOR                          6                6                             20120301                        20120401         59         4.000                   6.000                   2.000                     6.000            14.750            4.000                 690   Express Verified Assets                 Purchase                     Owner Occupied             Condominium
      1103660975                               7.1325           1757.96   Yes              3YP                              0.00   5/6 LIBOR                                        LIBOR                          6                6                             20120301                        20120401         59         3.625                   6.000                   2.000                     6.000            14.250            3.625                 731   Express No Doc                          Purchase                     Investor                   PUD
      1103660976                               6.4675           1304.11   Yes              3YP                              0.00   5/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20120301                        20120401         59         2.875                   6.000                   2.000                     6.000            12.875            2.875                 639   Express No Doc                          Purchase                     Owner Occupied             SFR
      1103660979                                7.218          2,795.83   Yes              1YP                              0.00   3/6 LIBOR IO                              120    LIBOR                          6                6                             20100301                        20100401         35         2.875                   6.000                   2.000                     6.000            13.625            2.875                 702   Express Verified Assets                 Rate/Term Refinance          Owner Occupied             Condominium
      1103660980                               6.6025           2143.69   Yes              3YP                             46.80   5/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20120301                        20120401         59         4.000                   6.000                   2.000                     6.000            14.750            4.000                 663   Stated                                  Purchase                     Owner Occupied             PUD
      1103660981                               6.4675           3809.04   Yes              3YP                              0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         2.875                   6.000                   2.000                     6.000            12.875            2.875                 694   Express Verified Assets                 Purchase                     Owner Occupied             PUD
      1103660982                                7.718          1,090.78   No               NO                               0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         2.875                   6.000                   2.000                     6.000            14.125            2.875                 631   Express Verified Assets                 Cash Out Refinance           Owner Occupied             Condominium
      1103660983                               6.9325           1093.28   Yes              3YP                              0.00   5/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20120301                        20120401         59         4.000                   6.000                   2.000                     6.000            14.750            4.000                 653   Express Verified Assets                 Purchase                     Owner Occupied             SFR
      1103660984                                7.343          1,082.59   Yes              3YP                              0.00   5/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20120301                        20120401         59         2.875                   6.000                   2.000                     6.000            13.750            2.875                 678   Express Verified Assets                 Cash Out Refinance           Investor                   Condominium
      0000000000                               6.7175           1211.25   Yes              1YP                              0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         2.875                   6.000                   2.000                     6.000            13.125            2.875                 663   Express Verified Assets                 Purchase                     Owner Occupied             SFR
      1103660986                                7.468            836.31   Yes              3YP                              0.00   5/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20120301                        20120401         59         2.875                   6.000                   2.000                     6.000            13.875            2.875                 635   Express No Doc                          Cash Out Refinance           Investor                   SFR
      1103660987                               6.8875           1093.49   Yes              3YP                              0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.750                   6.000                   2.000                     6.000            14.125            3.750                 742   Express Verified Assets                 Purchase                     Investor                   PUD
      1103660988                                8.467          1,372.67   Yes              1YP                              0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         2.875                   6.000                   2.000                     6.000            14.875            2.875                 620   Express Verified Assets                 Cash Out Refinance           Investor                   PUD
      1103660989                               7.0925            1749.5   Yes              3YP                              0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         2.875                   6.000                   2.000                     6.000            13.500            2.875                 620   Express Verified Assets                 Purchase                     Owner Occupied             PUD
      1103660992                                7.093            875.00   Yes              3YP                             20.96   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120201                        20120301         58         2.750                   3.000                   1.000                     6.000            13.500            2.750                 667   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      0000000000                                5.718          3,828.13   Yes              1YP                             44.60   3/6 LIBOR IO                              120    LIBOR                          6                6                             20100301                        20100401         35         2.750                   3.000                   1.000                     6.000            12.125            2.750                 737   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103660994                                6.093          2,491.13   Yes              3YP                              0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         2.750                   3.000                   1.000                     6.000            12.500            2.750                 750   Express Verified Assets                 Rate/Term Refinance          Investor                   Condominium
      1103660995                                6.468          2,686.98   Yes              2YP                              0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         2.750                   3.000                   1.000                     6.000            12.875            2.750                 665   Express Verified Assets                 Cash Out Refinance           Investor                   SFR
      1103660996                                5.968          1,785.00   Yes              1YP                             41.22   3/6 LIBOR IO                              120    LIBOR                          6                6                             20100301                        20100401         35         2.750                   3.000                   1.000                     6.000            12.375            2.750                 740   SISA                                    Rate/Term Refinance          Owner Occupied             Condominium
      1103660998                                5.968          1,483.34   Yes              1YP                             24.95   15YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.250            0.000                 730   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103660999                                5.843          1,020.83   Yes              3YP                             51.62   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.125            0.000                 673   Stated                                  Cash Out Refinance           Investor                   SFR
      1103661000                                5.843          1,250.52   Yes              3YP                              0.00   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.125            0.000                 721   Express No Doc                          Cash Out Refinance           Owner Occupied             SFR
      1103661001                                6.593            825.10   Yes              3YP                             46.14   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.875            0.000                 732   Express Verified Assets                 Cash Out Refinance           Investor                   SFR
      1103661002                                6.218          1,592.50   Yes              1YP                             46.90   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.500            0.000                 742   Stated                                  Cash Out Refinance           Investor                   Condominium
      1103661003                                6.093          1,747.81   Yes              3YP                             40.96   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.375            0.000                 701   SISA                                    Rate/Term Refinance          Owner Occupied             PUD
      1103661004                                6.093          1,599.06   Yes              1YP                             41.71   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.375            0.000                 760   Stated                                  Rate/Term Refinance          Investor                   SFR
      1103661005                                5.968            947.92   Yes              1YP                             51.78   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.250            0.000                 775   Stated                                  Cash Out Refinance           Owner Occupied             PUD
      1103661006                                6.093          1,097.03   Yes              3YP                             33.43   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.375            0.000                 712   Full                                    Rate/Term Refinance          Owner Occupied             SFR
      1103661007                                6.093          2,096.20   Yes              3YP                             47.30   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.375            0.000                 690   Full                                    Rate/Term Refinance          Owner Occupied             SFR
      1103661008                                6.093          2,491.56   Yes              1YP                             40.45   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.375            0.000                 697   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      0000000000                                6.593            864.52   Yes              3YP                             43.76   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.875            0.000                 753   SISA                                    Cash Out Refinance           Owner Occupied             Condominium
      1103661010                                5.968          2,046.88   Yes              1YP                             30.30   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.250            0.000                 682   Stated                                  Cash Out Refinance           Owner Occupied             PUD
      1103661011                                6.218          1,495.00   Yes              3YP                             38.08   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.500            0.000                 757   Full                                    Cash Out Refinance           Owner Occupied             PUD
      1103661012                                5.968          1,329.64   Yes              1YP                             44.37   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.250            0.000                 727   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103661013                                5.968          2,604.17   Yes              3YP                             43.66   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.250            0.000                 761   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103661014                                6.218          2,600.00   Yes              1YP                             44.54   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.500            0.000                 727   Stated                                  Rate/Term Refinance          Owner Occupied             SFR
      1103661015                                6.093          1,168.75   Yes              1YP                             41.71   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.375            0.000                 760   Stated                                  Cash Out Refinance           Investor                   SFR
      1103661016                                5.968          1,507.81   Yes              3YP                             47.18   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.250            0.000                 770   Stated                                  Rate/Term Refinance          Owner Occupied             SFR
      0000000000                                6.593          1,036.98   Yes              2YP                              0.00   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.875            0.000                 717   Express Verified Assets                 Cash Out Refinance           Investor                   SFR
      1103661018                                9.217            609.58   Yes              3YP                              1.00   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            15.625            3.625                 698   Express Non-Verified Assets             Cash Out Refinance           Owner Occupied             Condominium
      1103661040                               6.9675           2310.83   Yes              3YP                              1.00   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            13.375            3.000                 700   Stated                                  Purchase                     Owner Occupied             SFR
      1103661057                                5.718          1,263.83   Yes              3YP                             30.44   7/6 LIBOR                                        LIBOR                          6                6                             20140401                        20140501         84         3.000                   3.000                   1.000                     6.000            12.125            3.000                 620   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103661065                                8.342          3,325.00   No               NO                              20.89   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            14.750            3.000                 663   Stated                                  Cash Out Refinance           Investor                   SFR
      1103661077                                5.468          1,037.92   Yes              3YP                             28.16   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            11.875            3.000                 770   Stated                                  Rate/Term Refinance          Owner Occupied             SFR
      0000000000                                5.843          1,927.08   Yes              3YP                             47.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.250            3.000                 742   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103661087                                5.843          1,395.83   No               NO                              23.14   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.250            3.000                 703   Stated                                  Cash Out Refinance           Owner Occupied             D-PUDS
      1103661092                                5.218          3,102.79   Yes              3YP                             28.71   7/6 LIBOR                                        LIBOR                          6                6                             20140401                        20140501         84         3.000                   3.000                   1.000                     6.000            11.625            3.000                 780   Full                                    Rate/Term Refinance          Owner Occupied             D-PUDS
      1103661120                                6.583          4,368.75   No               NO                               1.00   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.990            3.000                 632   Express Non-Verified Assets             Cash Out Refinance           Owner Occupied             SFR
      1103661123                                6.343          1,057.21   Yes              3YP                             22.77   5/6 LIBOR                                        LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.750            3.000                 632   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103661138                                6.718            891.51   Yes              3YP                             26.10   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             7.000            0.000                 664   SISA                                    Cash Out Refinance           Owner Occupied             Condominium
      1103661147                               8.1475           1591.84   Yes              3YP                              0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         4.000                   3.000                   1.000                     6.000            15.575            4.000                 731   Express No Doc                          Purchase                     Owner Occupied             Condominium
      1103661156                               8.7725           2110.09   Yes              3YP                              1.00   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             9.875            0.000                 719   Express Non-Verified Assets             Purchase                     Investor                   Condominium
      1103661169                                5.843          1,458.33   No               NO                              40.71   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.250            3.000                 715   Stated                                  Rate/Term Refinance          Investor                   SFR
      1103661176                                6.093          1,460.94   Yes              3YP                              1.00   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.375            0.000                 797   Express Verified Assets                 Rate/Term Refinance          Owner Occupied             SFR
      1103661191                                8.792            917.34   No               XX                              00.00   0/0 XXXXX                                        XXXXX                          6                6                             20140401                        20140501         84         3.000                   3.000                   1.000                     6.000            15.200            3.200                 653   SISA                                    Cash Out Refinance           Owner Occupied             Condominium
      1103661194                                7.843          1,446.50   Yes              3YP                             30.00   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            14.250            3.000                 685   Stated                                  Cash Out Refinance           Second Home                SFR
      1103661219                                5.718          2,802.60   Yes              3YP                             49.68   5/6 LIBOR                                        LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.125            3.000                 729   Stated                                  Cash Out Refinance           Owner Occupied             2-FAMILY
      1103661248                                6.218            925.57   No               NO                              35.35   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.625            3.000                 751   Stated                                  Rate/Term Refinance          Investor                   SFR
      1103661269                                5.708          2,024.62   Yes              3YP                             42.28   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             5.990            0.000                 683   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103661279                               9.0925           1837.27   Yes              3YP                              0.00   5/6 LIBOR                                        LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            15.500            3.000                 690   Express No Doc                          Purchase                     Owner Occupied             SFR
      1103661288                                7.343            992.59   No               NO                               0.00   5/6 LIBOR                                        LIBOR                          6                6                             20120301                        20120401         59         4.000                   3.000                   1.000                     5.000            12.750            4.000                 635   Express No Doc                          Cash Out Refinance           Owner Occupied             PUD
      1103661289                               7.2175           1348.35   No               NO                               0.00   5/6 LIBOR                                        LIBOR                          6                6                             20120301                        20120401         59         2.250                   5.000                   1.000                     5.000            12.625            2.250                 752   Express No Doc                          Purchase                     Investor                   SFR
      1103661290                                7.468          3,322.27   No               NO                               0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120201                        20120301         58         2.250                   5.000                   1.000                     5.000            12.875            2.250                 668   Express No Doc                          Rate/Term Refinance          Investor                   PUD
      1103661291                                6.593          4,316.67   No               NO                               0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120201                        20120301         58         2.250                   5.000                   1.000                     5.000            12.000            2.250                 668   Express No Doc                          Cash Out Refinance           Owner Occupied             SFR
      1103661292                                6.718          1,130.50   No               NO                              43.74   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         2.250                   6.000                   2.000                     6.000            13.125            2.250                 709   Stated                                  Rate/Term Refinance          Owner Occupied             Condominium
      1103661293                                7.218          1,489.42   No               NO                              49.85   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         2.250                   5.000                   1.000                     5.000            12.625            2.250                 759   SISA                                    Cash Out Refinance           Second Home                SFR
      1103661294                               6.4875           1294.97   No               NO                               0.00   5/6 LIBOR                                        LIBOR                          6                6                             20120301                        20120401         59         4.125                   3.000                   1.000                     5.000            12.875            4.125                 706   Express No Doc                          Purchase                     Owner Occupied             SFR
      1103661295                                6.343          3,937.50   No               NO                              39.76   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         2.750                   6.000                   2.000                     6.000            12.750            2.750                 645   SISA                                    Cash Out Refinance           Owner Occupied             SFR
      1103661296                               7.5925              1530   No               NO                              50.08   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         4.250                   5.000                   1.000                     5.000            13.000            4.250                 693   Full                                    Purchase                     Investor                   2-FAMILY
      1103661297                               5.9675            863.28   No               NO                               0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120201                        20120301         58         2.750                   6.000                   2.000                     6.000            12.375            2.750                 647   Express No Doc                          Purchase                     Second Home                PUD
      1103661299                                6.468          1,727.92   No               NO                              44.61   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120201                        20120301         58         2.250                   6.000                   2.000                     6.000            12.875            2.250                 705   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103661300                                7.343          1,264.83   No               NO                               0.00   5/6 LIBOR                                        LIBOR                          6                6                             20120301                        20120401         59         4.000                   5.000                   1.000                     5.000            12.750            4.000                 762   Express No Doc                          Cash Out Refinance           Investor                   SFR
      1103661301                               5.4675            813.36   No               NO                               0.00   5/6 LIBOR                                        LIBOR                          6                6                             20120201                        20120301         58         2.250                   5.000                   1.000                     5.000            10.875            2.250                 794   Express No Doc                          Purchase                     Owner Occupied             PUD
      1103661302                               6.7175           1271.34   No               NO                              40.95   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120201                        20120301         58         2.250                   6.000                   2.000                     6.000            13.125            2.250                 741   Stated                                  Purchase                     Owner Occupied             Condominium
      1103661303                                6.968            966.95   No               NO                               0.00   5/6 LIBOR                                        LIBOR                          6                6                             20120401                        20120501         60         2.250                   5.000                   1.000                     5.000            12.375            2.250                 757   Express No Doc                          Cash Out Refinance           Investor                   Condominium
      1103661304                                6.218          2,765.94   No               NO                               0.00   10/1 CMT IO                               120    CMT                           12               12                             20170201                        20170301        118         2.750                   5.000                   2.000                     5.000            11.625            6.625                 799   SISA                                    Cash Out Refinance           Investor                   3-FAMILY
      1103661305                                7.343          2,886.88   No               NO                               0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         2.750                   6.000                   2.000                     6.000            13.750            2.750                 701   Express No Doc                          Cash Out Refinance           Owner Occupied             2-FAMILY
      0000000000                                8.342          1,431.72   No               NO                               0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120201                        20120301         58         2.750                   6.000                   2.000                     6.000            14.750            2.750                 698   Express No Doc                          Cash Out Refinance           Investor                   2-FAMILY
      1103661307                                6.968          1,476.32   No               XX                              00.00   0/0 XXXXX                                        XXXXX                          6                6                             20120301                        20120401         59         2.250                   5.000                   1.000                     5.000            12.375            2.250                 662   Full                                    Cash Out Refinance           Owner Occupied             SFR
      1103661309                               6.2175            979.95   No               NO                               0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         2.250                   5.000                   1.000                     5.000            11.625            2.250                 796   Express No Doc                          Purchase                     Owner Occupied             Condominium
      1103661312                                7.583          3,099.45   No               NO                              41.44   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            13.990            3.000                 645   Stated                                  Cash Out Refinance           Investor                   SFR
      1103661342                                6.343          1,684.69   Yes              2YP                              1.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.750            3.000                 628   Express Verified Assets                 Rate/Term Refinance          Owner Occupied             SFR
      1103661343                                7.043            667.40   Yes              3YP                             21.86   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            13.450            3.000                 756   FISA                                    Cash Out Refinance           Owner Occupied             SFR
      1103661354                                7.093          4,076.42   No               NO                               0.00   5/6 LIBOR                                        LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            13.500            3.000                 739   Express Non-Verified Assets             Cash Out Refinance           Owner Occupied             SFR
      1103661401                                7.468          1,640.63   Yes              3YP                              0.00   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         2.875                   3.000                   1.000                     6.000            13.875            2.875                 637   Express Verified Assets                 Cash Out Refinance           Investor                   SFR
      1103661403                                5.593          1,628.63   Yes              3YP                             44.78   5/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20120401                        20120501         60         2.750                   3.000                   1.000                     6.000            12.000            2.750                 676   Stated                                  Cash Out Refinance           Owner Occupied             Condominium
      1103661437                               8.7525              1564   Yes              3YP                             30.55   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.500                   3.000                   1.000                     6.000            15.600            3.500                 785   Stated                                  Purchase                     Investor                   D-PUDS
      1103661450                               5.7175           1453.67   Yes              1YP                             39.20   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         2.750                   3.000                   1.000                     6.000            12.125            2.750                 725   Stated                                  Purchase                     Owner Occupied             D-PUDS
      1103661482                                5.243          1,111.17   Yes              3YP                             23.97   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            11.650            3.000                 763   SISA                                    Cash Out Refinance           Owner Occupied             SFR
      1103661529                                5.843          1,041.67   Yes              3YP                             24.30   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.250            3.000                 807   Full                                    Cash Out Refinance           Owner Occupied             SFR
      1103661542                                6.468          1,506.77   Yes              1YP                             46.42   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.875            3.000                 630   Stated                                  Rate/Term Refinance          Investor                   Condominium
      1103661563                               7.8725           3408.75   No               NO                               0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         4.125                   3.000                   1.000                     6.000            15.000            4.125                 702   Express No Doc Verified Assets          Purchase                     Owner Occupied             SFR
      1103661564                                7.218          1,500.00   Yes              3YP                             43.31   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             7.500            0.000                 655   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103661580                                5.593          2,997.75   No               XX                              00.00   0/0 XXXXX                                        XXXXX                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.000            3.000                 780   Stated                                  Rate/Term Refinance          Owner Occupied             D-PUDS
      1103661586                                6.468          6,445.31   Yes              3YP                             27.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.875            3.000                 687   Stated                                  Rate/Term Refinance          Owner Occupied             SFR
      0000000000                                7.988          1,305.96   No               XX                              00.00   0/0 XXXXX                                        XXXXX                          6                6                             20120301                        20120401         59         3.500                   3.000                   1.000                     6.000            15.175            3.500                 664   Stated                                  Cash Out Refinance           Investor                   Condominium
      1103661593                               6.2175            786.17   No               NO                              15.32   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120501                        20120601         61         3.000                   3.000                   1.000                     6.000            12.625            3.000                 736   Full                                    Purchase                     Investor                   Townhouse
      1103661638                                6.718          1,710.00   Yes              1YP                             41.29   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            13.125            3.000                 732   SISA                                    Cash Out Refinance           Owner Occupied             SFR
      1103661647                               6.9675           4470.83   No               NO                              37.49   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             7.250            0.000                 642   Stated                                  Purchase                     Owner Occupied             SFR
      0000000000                               6.2175           1421.33   No               NO                               1.00   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.500            0.000                 702   Express Verified Assets                 Purchase                     Owner Occupied             SFR
      1103661692                                6.218          1,601.04   Yes              3YP                             47.34   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         6.000                   3.000                   1.000                     6.000            12.625            6.000                 644   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103661701                               8.8425           2247.75   No               NO                               1.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.625                   3.000                   1.000                     6.000            15.990            3.625                 722   Express Non-Verified Assets             Purchase                     Investor                   SFR
      1103661712                                6.843          3,247.16   Yes              3YP                              1.00   5/6 LIBOR                                        LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            13.250            3.000                 650   Express Non-Verified Assets             Cash Out Refinance           Investor                   SFR
      1103661724                                5.393          2,141.65   Yes              2YP                             41.69   5/6 LIBOR                                        LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            11.800            3.000                 731   Stated                                  Rate/Term Refinance          Owner Occupied             D-PUDS
      1103661746                                6.718          1,558.59   Yes              3YP                             39.40   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            13.125            3.000                 663   Stated                                  Cash Out Refinance           Investor                   SFR
      1103661747                               7.2175           3100.83   Yes              1YP                             47.56   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120501                        20120601         61         3.000                   3.000                   1.000                     6.000            13.625            3.000                 681   Stated                                  Purchase                     Owner Occupied             SFR
      1103661781                                7.428          3,757.08   Yes              3YP                             49.96   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         4.000                   3.000                   1.000                     6.000            14.875            4.000                 662   SISA                                    Cash Out Refinance           Owner Occupied             SFR
      1103661783                                6.593          2,036.48   No               NO                              41.64   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.875            0.000                 795   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103661787                               7.0925            939.74   Yes              2YP                              0.00   5/6 LIBOR                                        LIBOR                          6                6                             20111201                        20120101         56         5.000                   5.000                   1.000                     5.000            12.500            5.000                 667   Express No Doc                          Purchase                     Owner Occupied             PUD
      1103661791                               7.4675           1322.95   No               NO                              40.84   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         5.000                   5.000                   1.000                     5.000            12.875            5.000                 626   Stated                                  Purchase                     Owner Occupied             Condominium
      1103661792                                6.093          1,099.58   Yes              2YP                             18.69   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   3.000                   1.000                     5.000            11.500            5.000                 634   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      0000000000                               7.8425           1402.45   No               NO                              36.16   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         5.000                   3.000                   1.000                     5.000            13.250            5.000                 699   SISA                                    Purchase                     Owner Occupied             Condominium
      1103661794                               7.7175           1514.69   No               XX                              00.00   0/0 XXXXX                                        XXXXX                          6                6                             20120401                        20120501         60         5.000                   3.000                   1.000                     5.000            13.125            5.000                 648   Stated                                  Purchase                     Owner Occupied             Condominium
      1103661795                                7.593          1,496.88   Yes              2YP                             43.82   5/6 LIBOR                                        LIBOR                          6                6                             20120401                        20120501         60         5.000                   5.000                   1.000                     5.000            13.000            5.000                 641   Stated                                  Cash Out Refinance           Owner Occupied             PUD
      1103661796                               7.2175           1303.37   Yes              2YP                              0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   3.000                   1.000                     5.000            12.625            5.000                 695   Express Verified Assets                 Purchase                     Owner Occupied             SFR
      1103661797                               7.3425           1343.01   No               NO                              22.70   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   3.000                   1.000                     5.000            12.750            5.000                 694   SISA                                    Purchase                     Owner Occupied             PUD
      1103661804                               7.2175           6354.17   Yes              2YP                             37.06   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120101                        20120201         57         5.000                   3.000                   1.000                     5.000            12.625            5.000                 667   SISA                                    Purchase                     Owner Occupied             SFR
      1103661806                               6.4675           5729.17   No               NO                              28.37   5/6 LIBOR IO                              120    LIBOR                          6                6                             20111201                        20120101         56         5.000                   5.000                   1.000                     5.000            11.875            5.000                 708   Stated                                  Purchase                     Owner Occupied             SFR
      1103661807                               7.5925           6666.67   Yes              2YP                             32.01   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         5.000                   5.000                   1.000                     5.000            13.000            5.000                 698   SISA                                    Purchase                     Second Home                SFR
      1103661808                               7.2175            876.87   No               NO                              44.73   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   3.000                   1.000                     5.000            12.625            5.000                 660   Stated                                  Purchase                     Owner Occupied             PUD
      1103661809                               7.0925               875   No               NO                              45.07   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         5.000                   5.000                   1.000                     5.000            12.500            5.000                 756   Stated                                  Purchase                     Investor                   Condominium
      1103661810                               7.0925               875   No               NO                              47.21   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         5.000                   3.000                   1.000                     5.000            12.500            5.000                 756   Stated                                  Purchase                     Investor                   Condominium
      1103661811                               7.8425            979.03   No               NO                              37.30   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   3.000                   1.000                     5.000            13.250            5.000                 638   SISA                                    Purchase                     Owner Occupied             SFR
      1103661813                               6.9675            909.58   Yes              2YP                             41.64   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   5.000                   1.000                     5.000            12.375            5.000                 657   Stated                                  Purchase                     Owner Occupied             PUD
      1103661815                               7.4675            781.62   No               NO                               0.00   5/6 LIBOR                                        LIBOR                          6                6                             20120301                        20120401         59         5.000                   3.000                   1.000                     5.000            12.875            5.000                 695   Express No Doc Verified Assets          Purchase                     Owner Occupied             SFR
      1103661816                               7.5925               720   No               NO                               0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   3.000                   1.000                     5.000            13.000            5.000                 752   Express No Doc Verified Assets          Purchase                     Second Home                Condominium
      1103661818                                7.468            359.63   No               NO                              44.93   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   5.000                   1.000                     5.000            12.875            5.000                 740   Stated                                  Cash Out Refinance           Investor                   SFR
      0000000000                                7.968            420.70   Yes              2YP                             28.01   5/6 LIBOR                                        LIBOR                          6                6                             20120301                        20120401         59         5.000                   5.000                   1.000                     5.000            13.375            5.000                 627   Stated                                  Cash Out Refinance           Investor                   SFR
      1103661820                                7.968            484.55   Yes              2YP                             48.90   5/6 LIBOR                                        LIBOR                          6                6                             20120301                        20120401         59         5.000                   3.000                   1.000                     5.000            13.375            5.000                 627   Stated                                  Cash Out Refinance           Investor                   SFR
      1103661821                               7.8425            496.02   No               NO                               0.00   5/6 LIBOR                                        LIBOR                          6                6                             20120401                        20120501         60         5.000                   5.000                   1.000                     5.000            13.250            5.000                 655   Express No Doc                          Purchase                     Owner Occupied             SFR
      1103661822                                7.343            487.16   Yes              2YP                              0.00   5/6 LIBOR                                        LIBOR                          6                6                             20120301                        20120401         59         5.000                   5.000                   1.000                     5.000            12.750            5.000                 709   Express No Doc                          Cash Out Refinance           Investor                   SFR
      1103661825                                7.593            544.00   Yes              1YP                             15.32   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   3.000                   1.000                     5.000            13.000            5.000                 660   SISA                                    Cash Out Refinance           Investor                   SFR
      1103661826                               7.8425            619.04   No               XX                              00.00   0/0 XXXXX                                        XXXXX                          6                6                             20120401                        20120501         60         5.000                   3.000                   1.000                     5.000            13.250            5.000                 735   Stated                                  Purchase                     Investor                   SFR
      0000000000                               7.1425            569.25   Yes              5YP                              0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   5.000                   1.000                     5.000            13.250            5.000                 693   Express No Doc                          Purchase                     Owner Occupied             SFR
      1103661829                               7.3425            567.82   No               NO                              16.04   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   3.000                   1.000                     5.000            12.750            5.000                 747   Stated                                  Purchase                     Investor                   SFR
      1103661830                                6.968            621.61   No               NO                               0.00   5/6 LIBOR                                        LIBOR                          6                6                             20120301                        20120401         59         5.000                   3.000                   1.000                     5.000            12.375            5.000                 696   Express No Doc                          Cash Out Refinance           Owner Occupied             SFR
      1103661831                               7.4675            597.45   Yes              2YP                              0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         5.000                   3.000                   1.000                     5.000            12.875            5.000                 674   Express No Doc                          Purchase                     Owner Occupied             SFR
      1103661833                               7.8425            646.25   No               NO                              27.87   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   3.000                   1.000                     5.000            13.250            5.000                 642   Stated                                  Purchase                     Owner Occupied             SFR
      1103661834                               7.9675            717.51   No               NO                               0.00   5/6 LIBOR                                        LIBOR                          6                6                             20120301                        20120401         59         5.000                   3.000                   1.000                     5.000            13.375            5.000                 677   Express No Doc                          Purchase                     Investor                   PUD
      0000000000                               7.7175            747.69   No               NO                               0.00   5/6 LIBOR                                        LIBOR                          6                6                             20120301                        20120401         59         5.000                   3.000                   1.000                     5.000            13.125            5.000                 679   Express No Doc                          Purchase                     Owner Occupied             SFR
      1103661836                               6.8425             623.5   No               NO                               0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         5.000                   3.000                   1.000                     5.000            12.250            5.000                 743   Express No Doc                          Purchase                     Owner Occupied             SFR
      1103661839                               7.0925            656.25   No               NO                              46.09   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         5.000                   5.000                   1.000                     5.000            12.500            5.000                 698   Stated                                  Purchase                     Owner Occupied             SFR
      1103661841                               7.9675            764.92   No               NO                              48.29   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   5.000                   1.000                     5.000            13.375            5.000                 659   Stated                                  Purchase                     Owner Occupied             SFR
      1103661842                                7.593            810.08   No               NO                               0.00   5/6 LIBOR                                        LIBOR                          6                6                             20120101                        20120201         57         5.000                   3.000                   1.000                     5.000            13.000            5.000                 658   Express No Doc                          Cash Out Refinance           Investor                   SFR
      0000000000                               7.9675             770.5   No               NO                              33.82   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   5.000                   1.000                     5.000            13.375            5.000                 625   Stated                                  Purchase                     Owner Occupied             Condominium
      1103661844                               7.8425            841.42   No               NO                               0.00   5/6 LIBOR                                        LIBOR                          6                6                             20120301                        20120401         59         5.000                   3.000                   1.000                     5.000            13.250            5.000                 672   Express No Doc                          Purchase                     Investor                   Condominium
      1103661845                               6.4675            750.61   No               XX                              00.00   0/0 XXXXX                                        XXXXX                          6                6                             20120401                        20120501         60         5.000                   5.000                   1.000                     5.000            11.875            5.000                 639   Stated                                  Purchase                     Owner Occupied             PUD
      1103661846                                7.968            804.00   No               NO                               0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         5.000                   5.000                   1.000                     5.000            13.375            5.000                 643   Express No Doc                          Cash Out Refinance           Owner Occupied             SFR
      1103661848                               7.8425            871.47   Yes              2YP                             31.01   5/6 LIBOR                                        LIBOR                          6                6                             20120301                        20120401         59         5.000                   3.000                   1.000                     5.000            13.250            5.000                 707   SISA                                    Purchase                     Owner Occupied             Condominium
      1103661849                                7.593            773.33   No               NO                               0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120101                        20120201         57         5.000                   5.000                   1.000                     5.000            13.000            5.000                 670   Express No Doc                          Cash Out Refinance           Investor                   SFR
      0000000000                               7.4675            773.98   Yes              3YP                             31.63   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   5.000                   1.000                     5.000            12.875            5.000                 664   SISA                                    Purchase                     Owner Occupied             Condominium
      1103661851                               7.7175               891   No               NO                              37.34   5/6 LIBOR                                        LIBOR                          6                6                             20120101                        20120201         57         5.000                   3.000                   1.000                     5.000            13.125            5.000                 721   SISA                                    Purchase                     Owner Occupied             SFR
      1103661852                                7.468            870.08   Yes              2YP                              0.00   5/6 LIBOR                                        LIBOR                          6                6                             20120301                        20120401         59         5.000                   5.000                   1.000                     5.000            12.875            5.000                 782   Express No Doc                          Cash Out Refinance           Investor                   SFR
      1103661853                               6.9675             737.5   No               NO                              40.43   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         5.000                   3.000                   1.000                     5.000            12.375            5.000                 765   Stated                                  Purchase                     Investor                   SFR
      1103661854                               7.5925            892.26   No               NO                               0.00   5/6 LIBOR                                        LIBOR                          6                6                             20120401                        20120501         60         5.000                   3.000                   1.000                     5.000            13.000            5.000                 698   Express No Doc                          Purchase                     Investor                   2-FAMILY
      1103661855                               7.9675            865.42   No               NO                               0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   5.000                   1.000                     5.000            13.375            5.000                 641   Express No Doc                          Purchase                     Investor                   PUD
      1103661856                                7.843            859.38   No               NO                              19.36   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120101                        20120201         57         5.000                   5.000                   1.000                     5.000            13.250            5.000                 648   Stated                                  Cash Out Refinance           Investor                   SFR
      1103661857                               7.8425             863.5   No               NO                              38.75   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   5.000                   1.000                     5.000            13.250            5.000                 622   Stated                                  Purchase                     Owner Occupied             SFR
      1103661859                               7.4675            830.97   No               NO                               0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   3.000                   1.000                     5.000            12.875            5.000                 719   Express No Doc                          Purchase                     Investor                   PUD
      1103661860                                7.093          1,322.50   Yes              2YP                             44.08   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   5.000                   1.000                     5.000            12.500            5.000                 648   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103661861                                7.468          1,391.25   Yes              1YP                             34.24   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         5.000                   5.000                   1.000                     5.000            12.875            5.000                 723   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103661862                               7.0925              1335   No               NO                              41.09   5/6 LIBOR IO                              120    LIBOR                          6                6                             20111201                        20120101         56         5.000                   5.000                   1.000                     5.000            12.500            5.000                 737   SISA                                    Purchase                     Owner Occupied             PUD
      1103661863                               7.4675           1402.73   Yes              2YP                              0.00   5/6 LIBOR IO                               60    LIBOR                          6                6                             20111201                        20120101         56         4.000                   6.000                   2.000                     6.000            13.875            4.000                 623   Express Verified Assets                 Purchase                     Owner Occupied             SFR
      1103661864                               7.9675            1507.5   No               NO                               0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   3.000                   1.000                     5.000            13.375            5.000                 679   Express No Doc                          Purchase                     Owner Occupied             SFR
      1103661865                               7.4675            1438.5   No               NO                              45.99   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   5.000                   1.000                     5.000            12.875            5.000                 638   Stated                                  Purchase                     Owner Occupied             PUD
      1103661866                               7.3425           1420.83   Yes              1YP                              0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         5.000                   3.000                   1.000                     5.000            12.750            5.000                 690   Express Verified Assets                 Purchase                     Investor                   SFR
      1103661867                               7.9675           1562.78   Yes              2YP                             35.31   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         5.000                   3.000                   1.000                     5.000            13.375            5.000                 623   Stated                                  Purchase                     Owner Occupied             SFR
      0000000000                               7.0925           1399.69   No               NO                              15.29   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   5.000                   1.000                     5.000            12.500            5.000                 665   Stated                                  Purchase                     Owner Occupied             PUD
      1103661870                               7.5925            879.47   No               NO                              39.26   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   3.000                   1.000                     5.000            13.000            5.000                 654   Stated                                  Purchase                     Owner Occupied             SFR
      1103661872                               7.7175           1055.71   No               NO                               0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   3.000                   1.000                     5.000            13.125            5.000                 771   Express Non-Verified Assets             Purchase                     Second Home                Condominium
      1103661873                                6.718            926.25   Yes              2YP                             18.05   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         5.000                   5.000                   1.000                     5.000            12.125            5.000                 783   SISA                                    Cash Out Refinance           Investor                   Condominium
      1103661874                                7.593          1,150.18   No               XX                              00.00   0/0 XXXXX                                        XXXXX                          6                6                             20120301                        20120401         59         5.000                   3.000                   1.000                     5.000            13.000            5.000                 746   Stated                                  Rate/Term Refinance          Investor                   SFR
      1103661877                               6.3425            898.59   Yes              1YP                              0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   3.000                   1.000                     5.000            11.750            5.000                 718   Express Verified Assets                 Purchase                     Owner Occupied             PUD
      1103661878                               7.7175              1188   No               NO                              21.60   5/6 LIBOR                                        LIBOR                          6                6                             20120101                        20120201         57         5.000                   3.000                   1.000                     5.000            13.125            5.000                 687   SISA                                    Purchase                     Owner Occupied             3-FAMILY
      1103661879                               6.9675            994.17   No               NO                              41.54   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   3.000                   1.000                     5.000            12.375            5.000                 795   Alternative                             Purchase                     Investor                   PUD
      1103661881                                7.593          1,105.00   No               NO                              20.79   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   3.000                   1.000                     5.000            13.000            5.000                 634   SISA                                    Cash Out Refinance           Investor                   SFR
      1103661882                                7.468          1,089.38   No               NO                               0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   5.000                   1.000                     5.000            12.875            5.000                 702   Express No Doc                          Cash Out Refinance           Investor                   SFR
      1103661883                               7.0925           1049.69   No               NO                              39.46   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         5.000                   5.000                   1.000                     5.000            12.500            5.000                 653   Stated                                  Purchase                     Owner Occupied             Townhouse
      0000000000                                7.343          1,203.57   Yes              1YP                              0.00   5/6 LIBOR                                        LIBOR                          6                6                             20120301                        20120401         59         5.000                   5.000                   1.000                     5.000            12.750            5.000                 671   Express Verified Assets                 Cash Out Refinance           Investor                   SFR
      1103661885                               7.9675           1284.52   No               XX                              00.00   0/0 XXXXX                                        XXXXX                          6                6                             20120301                        20120401         59         5.000                   5.000                   1.000                     5.000            13.375            5.000                 630   Stated                                  Purchase                     Owner Occupied             SFR
      1103661886                                7.468          1,229.72   No               XX                              00.00   0/0 XXXXX                                        XXXXX                          6                6                             20120301                        20120401         59         5.000                   5.000                   1.000                     5.000            12.875            5.000                 677   Stated                                  Cash Out Refinance           Investor                   SFR
      1103661887                               7.9675           1299.72   No               XX                              00.00   0/0 XXXXX                                        XXXXX                          6                6                             20120301                        20120401         59         5.000                   3.000                   1.000                     5.000            13.375            5.000                 809   Alternative                             Purchase                     Investor                   SFR
      1103661888                               8.0925           1334.91   Yes              2YP                              0.00   5/6 LIBOR                                        LIBOR                          6                6                             20120301                        20120401         59         5.000                   3.000                   1.000                     5.000            13.500            5.000                 655   Express Verified Assets                 Purchase                     Second Home                SFR
      1103661890                               7.5925            1172.8   No               NO                              43.82   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   3.000                   1.000                     5.000            13.000            5.000                 654   Stated                                  Purchase                     Owner Occupied             SFR
      0000000000                               6.5925           1026.67   Yes              2YP                             41.37   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         5.000                   5.000                   1.000                     5.000            12.000            5.000                 673   Full                                    Purchase                     Owner Occupied             Condominium
      1103661893                                6.468          1,026.09   No               NO                               0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   3.000                   1.000                     5.000            11.875            5.000                 698   Express No Doc                          Cash Out Refinance           Owner Occupied             SFR
      1103661894                               7.3425            1162.5   No               NO                               0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   5.000                   1.000                     5.000            12.750            5.000                 782   Express Verified Assets                 Purchase                     Investor                   Condominium
      1103661895                               7.2175           1302.34   Yes              2YP                              0.00   5/6 LIBOR                                        LIBOR                          6                6                             20120301                        20120401         59         5.000                   3.000                   1.000                     5.000            12.625            5.000                 707   Express Verified Assets                 Purchase                     Owner Occupied             PUD
      1103661897                                7.468          1,207.50   No               NO                               0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   3.000                   1.000                     5.000            12.875            5.000                 701   Express Verified Assets                 Cash Out Refinance           Investor                   Condominium
      1103661898                               7.8425           1289.06   No               NO                              46.41   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   5.000                   1.000                     5.000            13.250            5.000                 639   Stated                                  Purchase                     Owner Occupied             PUD
      1103661899                               7.4675           1363.17   Yes              2YP                              0.00   5/6 LIBOR                                        LIBOR                          6                6                             20120201                        20120301         58         5.000                   3.000                   1.000                     5.000            12.875            5.000                 634   Express Verified Assets                 Purchase                     Owner Occupied             Condominium
      0000000000                                6.718          1,116.25   Yes              2YP                             35.14   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   3.000                   1.000                     5.000            12.125            5.000                 687   SISA                                    Cash Out Refinance           Owner Occupied             SFR
      1103661901                                7.738          1,469.53   Yes              2YP                              0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   3.000                   1.000                     5.000            14.375            5.000                 679   Express No Doc                          Rate/Term Refinance          Owner Occupied             Condominium
      1103661903                               7.8425           1316.91   No               NO                              57.98   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   3.000                   1.000                     5.000            13.250            5.000                 695   Stated                                  Purchase                     Investor                   Condominium
      1103661904                               6.9675            1326.1   No               XX                              00.00   0/0 XXXXX                                        XXXXX                          6                6                             20120101                        20120201         57         5.000                   5.000                   1.000                     5.000            12.375            5.000                 711   Stated                                  Purchase                     Investor                   3-FAMILY
      1103661905                               7.9675           1355.91   No               NO                              43.64   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   5.000                   1.000                     5.000            13.375            5.000                 628   Stated                                  Purchase                     Owner Occupied             SFR
      1103661907                                7.468          1,281.66   Yes              2YP                             47.17   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   5.000                   1.000                     5.000            12.875            5.000                 653   Stated                                  Cash Out Refinance           Investor                   SFR
      1103661910                               7.7175           1343.33   Yes              2YP                             21.05   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   3.000                   1.000                     5.000            13.125            5.000                 674   Stated                                  Purchase                     Owner Occupied             Condominium
      1103661912                               7.0925           1429.73   Yes              2YP                             47.76   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   3.000                   1.000                     5.000            12.500            5.000                 641   Stated                                  Purchase                     Owner Occupied             PUD
      1103661913                                7.218          1,453.83   No               NO                              32.52   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         5.000                   3.000                   1.000                     5.000            12.625            5.000                 628   SISA                                    Cash Out Refinance           Investor                   SFR
      1103661915                                7.093          1,622.18   No               XX                              00.00   0/0 XXXXX                                        XXXXX                          6                6                             20120201                        20120301         58         5.000                   5.000                   1.000                     5.000            12.500            5.000                 685   SISA                                    Cash Out Refinance           Owner Occupied             SFR
      1103661916                                7.593          1,557.33   Yes              2YP                              0.00   5/6 LIBOR IO                               60    LIBOR                          6                6                             20111201                        20120101         56         4.000                   5.000                   2.000                     6.000            14.000            4.000                 635   Express Verified Assets                 Cash Out Refinance           Owner Occupied             SFR
      1103661917                                5.968          1,469.21   No               NO                               0.00   5/6 LIBOR                                        LIBOR                          6                6                             20120301                        20120401         59         5.000                   5.000                   1.000                     5.000            11.375            5.000                 752   Express Verified Assets                 Cash Out Refinance           Investor                   3-FAMILY
      0000000000                               7.9675           1647.08   No               NO                               0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   3.000                   1.000                     5.000            13.375            5.000                 759   Express No Doc                          Purchase                     Investor                   SFR
      1103661921                               7.8425            1644.5   No               NO                              44.10   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         5.000                   5.000                   1.000                     5.000            13.250            5.000                 685   SISA                                    Purchase                     Owner Occupied             SFR
      1103661922                                7.843          1,833.09   No               XX                              00.00   0/0 XXXXX                                        XXXXX                          6                6                             20120301                        20120401         59         5.000                   5.000                   1.000                     5.000            13.250            5.000                 677   SISA                                    Cash Out Refinance           Investor                   3-FAMILY
      1103661923                               6.8425           1488.67   No               NO                              36.14   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   3.000                   1.000                     5.000            12.250            5.000                 716   Stated                                  Purchase                     Owner Occupied             SFR
      1103661924                               6.5925           1442.58   Yes              2YP                              0.00   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120201                        20120301         58         4.000                   5.000                   1.000                     5.000            12.000            4.000                 643   Express Verified Assets                 Purchase                     Owner Occupied             SFR
      1103661925                               6.5925           1444.85   No               NO                               0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   3.000                   1.000                     5.000            12.000            5.000                 652   Express No Doc                          Purchase                     Owner Occupied             PUD
      0000000000                               7.9675           1730.83   No               NO                               0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   5.000                   1.000                     5.000            13.375            5.000                 670   Express No Doc                          Purchase                     Investor                   SFR
      1103661927                               7.0925              1555   No               NO                              42.79   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   3.000                   1.000                     5.000            12.500            5.000                 627   Stated                                  Purchase                     Owner Occupied             SFR
      1103661928                                6.843          1,510.42   No               NO                               0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         5.000                   5.000                   1.000                     5.000            12.250            5.000                 801   Express No Doc                          Cash Out Refinance           Investor                   SFR
      1103661929                                7.468          1,827.17   Yes              5YP                              0.00   5/6 LIBOR                                        LIBOR                          6                6                             20120401                        20120501         60         5.000                   5.000                   1.000                     5.000            12.875            5.000                 663   Express Verified Assets                 Cash Out Refinance           Owner Occupied             Condominium
      1103661930                               8.2175           2086.09   No               NO                               0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   5.000                   1.000                     5.000            14.875            5.000                 635   Express Verified Assets                 Purchase                     Owner Occupied             Condominium
      1103661931                               7.7175           1900.79   No               XX                              00.00   0/0 XXXXX                                        XXXXX                          6                6                             20120401                        20120501         60         5.000                   5.000                   1.000                     5.000            13.125            5.000                 644   Stated                                  Purchase                     Owner Occupied             PUD
      1103661932                               7.4675              1680   No               NO                              26.54   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         5.000                   3.000                   1.000                     5.000            12.875            5.000                 642   Stated                                  Purchase                     Owner Occupied             SFR
      1103661933                               7.7175           1751.95   No               NO                               0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   3.000                   1.000                     5.000            13.125            5.000                 699   Express Verified Assets                 Purchase                     Investor                   Condominium
      1103661935                               7.8425           1953.29   No               XX                              00.00   0/0 XXXXX                                        XXXXX                          6                6                             20120301                        20120401         59         5.000                   5.000                   1.000                     5.000            13.250            5.000                 770   Stated                                  Purchase                     Investor                   SFR
      1103661936                                6.843          1,798.90   No               XX                              00.00   0/0 XXXXX                                        XXXXX                          6                6                             20120301                        20120401         59         5.000                   5.000                   1.000                     5.000            12.250            5.000                 708   Stated                                  Cash Out Refinance           Second Home                PUD
      1103661937                                7.968          2,036.99   No               XX                              00.00   0/0 XXXXX                                        XXXXX                          6                6                             20120401                        20120501         60         5.000                   3.000                   1.000                     5.000            13.375            5.000                 723   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103661938                                6.968          1,659.37   Yes              2YP                             29.39   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   5.000                   1.000                     5.000            12.375            5.000                 678   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103661939                                7.218          1,715.62   No               NO                              41.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   3.000                   1.000                     5.000            12.625            5.000                 649   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103661940                                6.593          1,811.29   Yes              2YP                             43.30   5/6 LIBOR                                        LIBOR                          6                6                             20120201                        20120301         58         4.000                   3.000                   2.000                     6.000            13.000            4.000                 802   Full                                    Cash Out Refinance           Owner Occupied             PUD
      0000000000                               7.3425           1787.67   No               NO                              38.81   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   3.000                   1.000                     5.000            12.750            5.000                 632   Stated                                  Purchase                     Owner Occupied             2-FAMILY
      1103661945                                7.468          2,059.20   No               XX                              00.00   0/0 XXXXX                                        XXXXX                          6                6                             20120301                        20120401         59         5.000                   3.000                   1.000                     5.000            12.875            5.000                 626   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103661946                                7.593          1,898.67   No               NO                              45.90   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120101                        20120201         57         5.000                   3.000                   1.000                     5.000            13.000            5.000                 621   SISA                                    Cash Out Refinance           Investor                   SFR
      1103661947                               7.9675              2010   No               NO                               0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   5.000                   1.000                     5.000            13.375            5.000                 734   Express Non-Verified Assets             Purchase                     Investor                   PUD
      1103661949                                6.093          1,581.67   No               NO                              38.27   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   5.000                   1.000                     5.000            11.500            5.000                 735   Full                                    Cash Out Refinance           Owner Occupied             SFR
      1103661950                                6.968          1,794.58   Yes              5YP                             31.34   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         5.000                   3.000                   1.000                     5.000            12.375            5.000                 673   Stated                                  Cash Out Refinance           Investor                   SFR
      1103661951                               7.8425              2035   No               NO                               0.00   5/6 LIBOR IO                               60    LIBOR                          6                6                             20111201                        20120101         56         2.250                   5.000                   2.000                     6.000            14.250            4.000                 671   Express Verified Assets                 Purchase                     Investor                   SFR
      1103661952                               6.4675           1714.17   Yes              2YP                             30.27   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   5.000                   1.000                     5.000            11.875            5.000                 707   Stated                                  Purchase                     Owner Occupied             SFR
      1103661953                               7.4675           2177.53   No               NO                               0.00   5/6 LIBOR                                        LIBOR                          6                6                             20120301                        20120401         59         5.000                   5.000                   1.000                     5.000            12.875            5.000                 701   Express Verified Assets                 Purchase                     Second Home                PUD
      1103661954                               7.2175           1931.67   No               NO                               0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   3.000                   1.000                     5.000            12.625            5.000                 679   Express Verified Assets                 Purchase                     Owner Occupied             SFR
      1103661955                               7.2175           1941.52   No               NO                              34.35   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   3.000                   1.000                     5.000            12.625            5.000                 693   SISA                                    Purchase                     Owner Occupied             PUD
      1103661956                               7.2175           1941.83   No               NO                              44.33   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   5.000                   1.000                     5.000            12.625            5.000                 644   Stated                                  Purchase                     Owner Occupied             PUD
      1103661958                               7.4675              2058   No               NO                               0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   5.000                   1.000                     5.000            12.875            5.000                 708   Express Verified Assets                 Purchase                     Owner Occupied             SFR
      0000000000                               8.6975           2661.19   Yes              2YP                              0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   3.000                   1.000                     5.000            15.125            5.000                 638   NINA                                    Purchase                     Owner Occupied             2-FAMILY
      1103661960                               7.3425           2050.65   No               NO                               0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         5.000                   3.000                   1.000                     5.000            12.750            5.000                 694   Express No Doc                          Purchase                     Owner Occupied             Condominium
      1103661961                               7.0925           2000.94   No               NO                              33.55   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         5.000                   3.000                   1.000                     5.000            12.500            5.000                 697   Stated                                  Purchase                     Owner Occupied             PUD
      1103661962                                7.593          2,406.75   No               NO                               0.00   5/6 LIBOR                                        LIBOR                          6                6                             20120101                        20120201         57         5.000                   3.000                   1.000                     5.000            13.000            5.000                 681   Express No Doc                          Cash Out Refinance           Investor                   3-FAMILY
      1103661963                               6.7325           2293.42   No               NO                               0.00   5/6 LIBOR                                        LIBOR                          6                6                             20120401                        20120501         60         5.000                   3.000                   1.000                     5.000            12.500            5.000                 784   Express No Doc                          Purchase                     Owner Occupied             SFR
      1103661964                               7.0925           2063.75   No               NO                               0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         5.000                   3.000                   1.000                     5.000            12.500            5.000                 685   Express Verified Assets                 Purchase                     Owner Occupied             Condominium
      1103661965                               6.7175           1969.47   No               NO                               0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   5.000                   1.000                     5.000            12.125            5.000                 715   Express Verified Assets                 Purchase                     Owner Occupied             PUD
      1103661966                                7.093          2,093.75   No               NO                               0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   3.000                   1.000                     5.000            12.500            5.000                 641   Express No Doc                          Cash Out Refinance           Investor                   PUD
      0000000000                               7.9675              2345   No               NO                               0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   5.000                   1.000                     5.000            13.375            5.000                 672   Express Verified Assets                 Purchase                     Owner Occupied             SFR
      1103661968                               6.8425           2096.46   No               NO                              28.74   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   5.000                   1.000                     5.000            12.250            5.000                 638   SISA                                    Purchase                     Owner Occupied             PUD
      1103661969                                6.218          1,932.29   Yes              2YP                             41.39   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         5.000                   3.000                   1.000                     5.000            11.625            5.000                 663   SISA                                    Cash Out Refinance           Owner Occupied             SFR
      1103661970                                7.593          2,400.00   No               NO                              22.25   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   3.000                   1.000                     5.000            13.000            5.000                 750   Stated                                  Cash Out Refinance           Investor                   SFR
      1103661972                               7.9675           2814.23   No               XX                              00.00   0/0 XXXXX                                        XXXXX                          6                6                             20120301                        20120401         59         5.000                   3.000                   1.000                     5.000            13.375            5.000                 637   Stated                                  Purchase                     Owner Occupied             2-FAMILY
      1103661974                               6.5925           2229.38   No               NO                               0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   5.000                   1.000                     5.000            12.000            5.000                 690   Express Verified Assets                 Purchase                     Second Home                PUD
      0000000000                                6.843          2,612.74   No               XX                              00.00   0/0 XXXXX                                        XXXXX                          6                6                             20120301                        20120401         59         5.000                   3.000                   1.000                     5.000            12.250            5.000                 662   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103661976                               7.3425              2480   Yes              1YP                             39.59   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   5.000                   1.000                     5.000            12.750            5.000                 719   Alternative                             Purchase                     Owner Occupied             3-FAMILY
      1103661978                               6.5925           2263.33   Yes              2YP                             39.98   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   3.000                   1.000                     5.000            12.000            5.000                 632   Stated                                  Purchase                     Owner Occupied             PUD
      1103661979                               6.7175            2327.5   Yes              2YP                             41.49   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   3.000                   1.000                     5.000            12.125            5.000                 661   Stated                                  Purchase                     Owner Occupied             PUD
      1103661981                               7.7175           2675.83   No               NO                              34.89   5/6 LIBOR IO                              120    LIBOR                          6                6                             20111201                        20120101         56         5.000                   3.000                   1.000                     5.000            13.125            5.000                 654   Stated                                  Purchase                     Owner Occupied             SFR
      1103661982                               6.8425           2400.35   No               NO                              25.91   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         5.000                   3.000                   1.000                     5.000            12.250            5.000                 668   SISA                                    Purchase                     Owner Occupied             PUD
      1103661987                                6.468          2,360.42   No               NO                              35.40   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120101                        20120201         57         5.000                   3.000                   1.000                     5.000            11.875            5.000                 708   Stated                                  Cash Out Refinance           Investor                   SFR
      1103661988                                6.843          2,492.19   No               NO                              35.89   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   5.000                   1.000                     5.000            12.250            5.000                 647   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103661990                               7.8425              3465   No               NO                              44.47   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   3.000                   1.000                     5.000            13.250            5.000                 662   Stated                                  Purchase                     Owner Occupied             2-FAMILY
      0000000000                               7.8425            3789.5   No               NO                               0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         5.000                   5.000                   1.000                     5.000            13.250            5.000                 693   Express Verified Assets                 Purchase                     Owner Occupied             3-FAMILY
      1103661993                               7.8425            3030.5   No               NO                               0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   3.000                   1.000                     5.000            13.250            5.000                 721   Express Verified Assets                 Purchase                     Investor                   4-FAMILY
      1103661995                               7.3425           3206.18   Yes              2YP                              0.00   5/6 LIBOR                                        LIBOR                          6                6                             20120301                        20120401         59         5.000                   3.000                   1.000                     5.000            13.000            5.000                 627   Express Verified Assets                 Purchase                     Second Home                SFR
      1103661996                                7.968          3,344.32   No               NO                               0.00   5/6 LIBOR                                        LIBOR                          6                6                             20120401                        20120501         60         5.000                   5.000                   1.000                     5.000            13.375            5.000                 727   Express No Doc                          Cash Out Refinance           Owner Occupied             PUD
      1103661998                               6.5325           2718.75   Yes              2YP                              0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   5.000                   1.000                     5.000            12.250            5.000                 757   Express Verified Assets                 Purchase                     Owner Occupied             SFR
      1103661999                               7.7175           3385.19   No               NO                               0.00   5/6 LIBOR                                        LIBOR                          6                6                             20111201                        20120101         56         5.000                   5.000                   1.000                     5.000            13.125            5.000                 662   Express Verified Assets                 Purchase                     Owner Occupied             SFR
      1103662000                               7.3425           2978.91   Yes              2YP                             46.48   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         5.000                   3.000                   1.000                     5.000            12.750            5.000                 657   Stated                                  Purchase                     Owner Occupied             Condominium
      1103662001                               6.9675           2851.62   No               NO                               0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   5.000                   1.000                     5.000            12.375            5.000                 661   Express Verified Assets                 Purchase                     Owner Occupied             PUD
      1103662003                               7.3425           3031.22   No               NO                               0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         5.000                   3.000                   1.000                     5.000            12.750            5.000                 763   Express Verified Assets                 Purchase                     Owner Occupied             PUD
      1103662004                                7.343          3,100.00   No               NO                               0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   5.000                   1.000                     5.000            12.750            5.000                 680   Express Verified Assets                 Cash Out Refinance           Owner Occupied             SFR
      1103662005                                7.968          3,350.00   No               NO                              44.64   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   5.000                   1.000                     5.000            13.375            5.000                 664   Stated                                  Rate/Term Refinance          Investor                   SFR
      1103662006                                7.093          3,125.00   Yes              2YP                             41.86   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120201                        20120301         58         4.000                   5.000                   1.000                     5.000            12.500            4.000                 659   Stated                                  Cash Out Refinance           Owner Occupied             PUD
      0000000000                               6.9675           3180.47   No               NO                               0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   5.000                   1.000                     5.000            12.375            5.000                 745   Express Verified Assets                 Purchase                     Investor                   Condominium
      1103662008                               7.0925           3263.44   No               NO                               0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   5.000                   1.000                     5.000            12.500            5.000                 674   Express Verified Assets                 Purchase                     Owner Occupied             PUD
      1103662010                               6.9675           3318.75   No               NO                               0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   3.000                   1.000                     5.000            12.375            5.000                 745   Express Verified Assets                 Purchase                     Investor                   Condominium
      1103662011                               6.9675           3318.75   No               NO                              38.42   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   5.000                   1.000                     5.000            12.375            5.000                 664   SISA                                    Purchase                     Owner Occupied             Condominium
      1103662012                               6.9675           3318.75   Yes              2YP                             36.61   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   3.000                   1.000                     5.000            12.375            5.000                 684   SISA                                    Purchase                     Investor                   Condominium
      1103662013                                7.468          3,570.00   No               NO                              42.27   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   3.000                   1.000                     5.000            12.875            5.000                 682   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103662014                               6.8425           3294.88   Yes              2YP                             39.88   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   5.000                   1.000                     5.000            12.250            5.000                 697   Stated                                  Purchase                     Investor                   SFR
      0000000000                               7.9675            3868.2   Yes              2YP                              0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   5.000                   1.000                     5.000            13.375            5.000                 660   Express No Doc Verified Assets          Purchase                     Owner Occupied             SFR
      1103662018                                7.468          3,957.19   No               NO                              43.56   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   3.000                   1.000                     5.000            12.875            5.000                 681   Stated                                  Cash Out Refinance           Owner Occupied             PUD
      1103662020                                7.218          3,990.42   No               NO                              37.31   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         5.000                   5.000                   1.000                     5.000            12.625            5.000                 736   Alternative                             Cash Out Refinance           Investor                   SFR
      1103662021                               7.5925           4266.67   No               NO                              45.47   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   3.000                   1.000                     5.000            13.000            5.000                 655   Stated                                  Purchase                     Owner Occupied             Condominium
      0000000000                               6.5925           4083.33   No               NO                              35.45   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   5.000                   1.000                     5.000            12.000            5.000                 754   Stated                                  Purchase                     Owner Occupied             SFR
      1103662024                               7.8425              4950   No               NO                              32.54   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   5.000                   1.000                     5.000            13.250            5.000                 679   Stated                                  Purchase                     Owner Occupied             PUD
      1103662027                               7.3425           5033.08   No               NO                               0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         5.000                   5.000                   1.000                     5.000            12.750            5.000                 666   Express Verified Assets                 Purchase                     Owner Occupied             PUD
      1103662028                               6.9675           4916.67   No               NO                               0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         5.000                   3.000                   1.000                     5.000            12.375            5.000                 801   Express Verified Assets                 Purchase                     Owner Occupied             SFR
      1103662029                               7.8425              5720   No               NO                              35.12   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         5.000                   3.000                   1.000                     5.000            13.250            5.000                 697   Stated                                  Purchase                     Investor                   PUD
      1103662030                                7.343          5,425.00   Yes              2YP                             15.24   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   5.000                   1.000                     5.000            12.750            5.000                 630   SISA                                    Cash Out Refinance           Investor                   SFR
      1103662033                                7.468          6,152.34   No               NO                               0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         5.000                   5.000                   1.000                     5.000            12.875            5.000                 703   Express Verified Assets                 Cash Out Refinance           Owner Occupied             PUD
      0000000000                                6.843          1,933.33   Yes              3YP                             44.02   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            13.250            3.000                 631   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103662082                                5.343          1,313.04   Yes              3YP                             50.82   5/6 LIBOR                                        LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            11.750            3.000                 762   Full                                    Cash Out Refinance           Owner Occupied             SFR
      1103662112                                6.838          2,090.16   Yes              2YP                             45.74   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.875                   3.000                   1.000                     6.000            13.875            3.875                 664   Stated                                  Rate/Term Refinance          Owner Occupied             Condominium
      0000000000                                5.843          2,046.77   Yes              2YP                             44.36   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.125            0.000                 803   SISA                                    Cash Out Refinance           Owner Occupied             SFR
      1103662157                                7.468          2,723.44   Yes              1YP                             43.31   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            13.875            3.000                 683   SISA                                    Cash Out Refinance           Owner Occupied             2-FAMILY
      1103662166                                6.843          1,252.44   Yes              3YP                              0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         2.875                   6.000                   2.000                     6.000            13.250            2.875                 728   Express Verified Assets                 Rate/Term Refinance          Investor                   PUD
      1103662169                                6.218          2,318.75   Yes              3YP                              0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         2.875                   6.000                   2.000                     6.000            12.625            2.875                 712   Express Verified Assets                 Cash Out Refinance           Owner Occupied             SFR
      1103662170                                6.593          2,735.72   Yes              3YP                             41.50   5/6 LIBOR                                        LIBOR                          6                6                             20120401                        20120501         60         2.875                   6.000                   2.000                     6.000            13.000            2.875                 712   Full                                    Cash Out Refinance           Owner Occupied             SFR
      0000000000                                6.843          2,135.86   Yes              3YP                              0.00   5/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20120301                        20120401         59         2.875                   6.000                   2.000                     6.000            13.250            2.875                 644   Express Verified Assets                 Cash Out Refinance           Owner Occupied             SFR
      1103662172                                6.068          1,220.08   Yes              3YP                             38.27   5/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20120301                        20120401         59         3.500                   6.000                   2.000                     6.000            13.125            3.500                 681   Full                                    Rate/Term Refinance          Investor                   Condominium
      1103662173                                7.093          1,912.50   Yes              3YP                              0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         2.875                   6.000                   2.000                     6.000            13.500            2.875                 644   Express Verified Assets                 Cash Out Refinance           Owner Occupied             SFR
      1103662174                               6.2525           1733.79   Yes              3YP                              0.00   5/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20120301                        20120401         59         3.250                   6.000                   2.000                     6.000            13.000            3.250                 786   Express Verified Assets                 Purchase                     Owner Occupied             SFR
      1103662175                                6.718          1,353.75   Yes              3YP                              0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         2.875                   6.000                   2.000                     6.000            13.125            2.875                 670   Express Verified Assets                 Cash Out Refinance           Investor                   Condominium
      1103662177                                6.343          1,620.00   Yes              3YP                              0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         2.875                   6.000                   2.000                     6.000            12.750            2.875                 774   Express Verified Assets                 Cash Out Refinance           Owner Occupied             SFR
      1103662179                                6.968          1,427.47   Yes              3YP                              0.00   3/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20100301                        20100401         35         2.875                   6.000                   2.000                     6.000            13.375            2.875                 738   Express Verified Assets                 Rate/Term Refinance          Investor                   SFR
      1103662184                               6.8275            1889.1   No               NO                               0.00   3/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20100401                        20100501         36         3.500                   6.000                   2.000                     6.000            13.875            3.500                 804   Express No Doc                          Purchase                     Owner Occupied             SFR
      1103662185                               6.5075           1660.41   Yes              1YP                              0.00   5/6 LIBOR                                        LIBOR                          6                6                             20120401                        20120501         60         3.875                   3.000                   1.000                     6.000            13.875            3.875                 706   Express Verified Assets                 Purchase                     Owner Occupied             SFR
      1103662186                               7.3075           1056.55   No               XX                              00.00   0/0 XXXXX 00/00 XXX                              XXXXX                          6                6                             20120401                        20120501         60         4.000                   6.000                   2.000                     6.000            14.875            4.000                 652   Full                                    Purchase                     Investor                   SFR
      1103662187                               6.8475           1499.52   No               NO                               0.00   3/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20100301                        20100401         35         4.000                   3.000                   1.000                     6.000            15.125            4.000                 679   Express Verified Assets                 Purchase                     Owner Occupied             SFR
      1103662188                               7.9675           2086.77   Yes              1YP                              0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         2.875                   6.000                   2.000                     6.000            14.375            2.875                 754   Express Verified Assets                 Purchase                     Investor                   4-FAMILY
      0000000000                                7.343          5,063.33   Yes              1YP                              0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         2.875                   6.000                   2.000                     6.000            13.750            2.875                 635   Express Verified Assets                 Rate/Term Refinance          Owner Occupied             SFR
      1103662190                               6.8425           2964.88   Yes              1YP                             40.74   5/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20120301                        20120401         59         2.875                   6.000                   2.000                     6.000            13.250            2.875                 770   Full                                    Purchase                     Investor                   PUD
      1103662191                                6.818          1,419.14   Yes              3YP                              0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.625                   6.000                   2.000                     6.000            13.875            3.625                 747   Express Verified Assets                 Rate/Term Refinance          Second Home                SFR
      1103662192                                7.323          1,560.63   Yes              3YP                              0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.500                   6.000                   2.000                     6.000            14.250            3.500                 786   Express No Doc                          Rate/Term Refinance          Second Home                SFR
      1103662194                                6.743            860.69   Yes              3YP                              0.00   5/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20120301                        20120401         59         3.750                   6.000                   2.000                     6.000            14.000            3.750                 730   Express Verified Assets                 Rate/Term Refinance          Investor                   SFR
      1103662195                                7.138          1,538.21   Yes              3YP                              0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.750                   6.000                   2.000                     6.000            14.375            3.750                 767   Express Verified Assets                 Rate/Term Refinance          Owner Occupied             SFR
      1103662198                                5.968            790.90   Yes              3YP                              0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         2.875                   6.000                   2.000                     6.000            12.375            2.875                 683   Express Verified Assets                 Cash Out Refinance           Owner Occupied             SFR
      1103662201                               6.7175            549.82   Yes              3YP                              0.00   5/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20120401                        20120501         60         2.875                   6.000                   2.000                     6.000            13.125            2.875                 790   Express Verified Assets                 Purchase                     Owner Occupied             Condominium
      1103662202                                7.218          1,121.11   Yes              1YP                              0.00   5/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20120301                        20120401         59         2.875                   6.000                   2.000                     6.000            13.625            2.875                 692   Express No Doc                          Cash Out Refinance           Investor                   PUD
      1103662203                               6.8425            884.02   Yes              3YP                              0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         2.875                   6.000                   2.000                     6.000            13.250            2.875                 728   Express Verified Assets                 Purchase                     Investor                   Condominium
      1103662204                                6.218          1,854.48   Yes              3YP                              0.00   5/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20120301                        20120401         59         2.875                   6.000                   2.000                     6.000            12.625            2.875                 661   Express Verified Assets                 Cash Out Refinance           Owner Occupied             PUD
      0000000000                               6.7175           2061.58   Yes              3YP                              0.00   5/6 LIBOR                                        LIBOR                          6                6                             20120301                        20120401         59         2.875                   6.000                   2.000                     6.000            13.125            2.875                 651   Express Verified Assets                 Purchase                     Second Home                PUD
      1103662207                               7.5175            772.86   Yes              3YP                              0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.875                   6.000                   2.000                     6.000            14.875            3.875                 714   Express Verified Assets                 Purchase                     Investor                   SFR
      1103662209                                6.843            946.71   Yes              3YP                              0.00   3/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20100401                        20100501         36         2.875                   6.000                   2.000                     5.875            13.125            2.875                 626   Express Verified Assets                 Cash Out Refinance           Owner Occupied             SFR
      1103662210                               6.1375           1485.22   Yes              3YP                              0.00   5/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20120301                        20120401         59         3.750                   6.000                   2.000                     6.000            13.375            3.750                 722   Express Verified Assets                 Purchase                     Owner Occupied             Condominium
      1103662211                                6.593          1,448.85   Yes              3YP                              0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         2.875                   6.000                   2.000                     6.000            13.000            2.875                 700   Express No Doc                          Cash Out Refinance           Second Home                PUD
      1103662212                               6.1175           1817.76   Yes              3YP                              0.00   5/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20120301                        20120401         59         2.875                   6.000                   2.000                     6.000            13.875            2.875                 696   Express Verified Assets                 Purchase                     Owner Occupied             SFR
      0000000000                                6.143          1,239.58   Yes              3YP                              0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.500                   6.000                   2.000                     6.000            13.000            3.500                 695   Express Verified Assets                 Cash Out Refinance           Owner Occupied             PUD
      1103662215                                6.968          1,302.92   Yes              3YP                              0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         2.875                   6.000                   2.000                     6.000            13.375            2.875                 677   Express Verified Assets                 Rate/Term Refinance          Second Home                SFR
      1103662216                               7.2175           1169.17   Yes              3YP                              0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         2.875                   6.000                   2.000                     6.000            13.625            2.875                 698   Express Verified Assets                 Purchase                     Investor                   PUD
      1103662217                               6.8175           1752.58   Yes              3YP                             48.76   5/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20120301                        20120401         59         4.000                   6.000                   2.000                     6.000            14.625            4.000                 668   Stated                                  Purchase                     Owner Occupied             SFR
      1103662218                                7.093          1,069.80   Yes              3YP                              0.00   3/6 LIBOR                                        LIBOR                          6                6                             20100401                        20100501         36         2.875                   6.000                   2.000                     6.000            13.500            2.875                 711   Express No Doc                          Cash Out Refinance           Owner Occupied             HI-RISE
      1103662219                                7.968            752.47   Yes              3YP                             40.94   5/6 LIBOR                                        LIBOR                          6                6                             20120401                        20120501         60         2.875                   6.000                   2.000                     6.000            14.375            2.875                 645   Full                                    Cash Out Refinance           Investor                   2-FAMILY
      1103662222                                6.343            687.83   Yes              3YP                              0.00   5/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20120401                        20120501         60         2.875                   6.000                   2.000                     6.000            12.750            2.875                 767   Express No Doc                          Cash Out Refinance           Owner Occupied             Condominium
      1103662223                                6.343          2,278.13   Yes              3YP                              0.00   3/6 LIBOR IO                              120    LIBOR                          6                6                             20100301                        20100401         35         2.875                   6.000                   2.000                     6.000            12.750            2.875                 731   Express No Doc                          Cash Out Refinance           Owner Occupied             SFR
      1103662224                                6.468          1,432.29   Yes              3YP                              0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         2.875                   6.000                   2.000                     6.000            12.875            2.875                 670   Express Verified Assets                 Cash Out Refinance           Owner Occupied             SFR
      1103662225                                6.913          1,370.63   Yes              3YP                              0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         4.000                   6.000                   2.000                     6.000            14.500            4.000                 655   Express Verified Assets                 Cash Out Refinance           Owner Occupied             PUD
      1103662226                               6.9675            653.92   Yes              3YP                              0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         2.875                   6.000                   2.000                     6.000            13.375            2.875                 721   Express No Doc                          Purchase                     Second Home                Condominium
      1103662227                               6.5075           1522.65   Yes              3YP                              0.00   5/6 LIBOR                                        LIBOR                          6                6                             20120301                        20120401         59         3.875                   6.000                   2.000                     6.000            13.875            3.875                 707   Express Verified Assets                 Purchase                     Owner Occupied             SFR
      1103662229                                7.283          2,318.27   Yes              3YP                              0.00   5/6 LIBOR                                        LIBOR                          6                6                             20120401                        20120501         60         3.750                   6.000                   2.000                     6.000            14.500            3.750                 683   Express No Doc                          Cash Out Refinance           Owner Occupied             SFR
      1103662230                                6.968            939.32   Yes              1YP                              0.00   3/6 LIBOR                                        LIBOR                          6                6                             20100401                        20100501         36         2.875                   6.000                   2.000                     6.000            13.375            2.875                 623   Express Verified Assets                 Cash Out Refinance           Investor                   Condominium
      1103662231                                6.593            866.25   Yes              3YP                              0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         2.875                   6.000                   2.000                     6.000            13.000            2.875                 636   Express Verified Assets                 Cash Out Refinance           Owner Occupied             SFR
      1103662232                               6.5675           2231.07   Yes              3YP                              0.00   5/6 LIBOR                                        LIBOR                          6                6                             20120401                        20120501         60         3.750                   6.000                   2.000                     6.000            13.875            3.750                 702   Express Verified Assets                 Purchase                     Investor                   PUD
      1103662233                               7.1375           1086.75   Yes              3YP                              0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.750                   6.000                   2.000                     6.000            14.375            3.750                 744   Express Verified Assets                 Purchase                     Investor                   PUD
      1103662234                                7.468          4,458.66   Yes              1YP                              0.00   5/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20120401                        20120501         60         2.875                   6.000                   2.000                     6.000            13.875            2.875                 621   Express Verified Assets                 Cash Out Refinance           Owner Occupied             Condominium
      0000000000                                6.573          2,596.94   Yes              3YP                             42.39   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             7.375            0.000                 710   Stated                                  Rate/Term Refinance          Owner Occupied             SFR
      1103662280                               6.2175           1219.83   No               NO                               1.00   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.500            0.000                 686   Express Non-Verified Assets             Purchase                     Owner Occupied             SFR
      1103662283                                5.718          1,347.50   Yes              2YP                             42.09   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.125            3.000                 699   Stated                                  Cash Out Refinance           Investor                   SFR
      0000000000                                5.593          2,075.00   Yes              3YP                              1.00   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.000            3.000                 789   Express No Doc Verified Assets          Cash Out Refinance           Owner Occupied             SFR
      1103662300                                5.343          2,415.00   Yes              3YP                             44.34   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            11.750            3.000                 684   SISA                                    Rate/Term Refinance          Owner Occupied             SFR
      0000000000                                5.468          2,447.92   No               NO                              30.56   5/1 LIBOR IO                              120    LIBOR                         12               12                             20120101                        20120201         57         2.500                   2.000                   2.000                     6.000            11.875            2.500                 660   Full                                    Cash Out Refinance           Owner Occupied             Condominium
      1103662330                                6.843          3,286.67   Yes              3YP                             47.91   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120101                        20120201         57         2.750                   3.000                   1.000                     6.000            13.250            7.250                 668   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103662332                                7.718          2,691.95   Yes              3YP                             11.82   5/1 LIBOR IO                               60    LIBOR                         12               12                             20120401                        20120501         60         2.750                   5.000                   1.000                     5.000            13.125            2.750                 645   Stated                                  Rate/Term Refinance          Investor                   Condominium
      1103662340                                6.468          1,864.84   Yes              3YP                             35.25   7/6 LIBOR IO                              120    LIBOR                          6                6                             20140401                        20140501         84         3.500                   3.000                   1.000                     6.000            12.875            3.500                 738   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103662383                                5.968          1,966.42   Yes              3YP                              0.00   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.375            3.000                 715   Express Non-Verified Assets             Cash Out Refinance           Owner Occupied             SFR
      1103662400                                7.368            725.32   Yes              3YP                              0.00   7/6 LIBOR                                        LIBOR                          6                6                             20140401                        20140501         84         3.000                   3.000                   1.000                     6.000            13.775            3.000                 782   Express Non-Verified Assets             Cash Out Refinance           Owner Occupied             SFR
      1103662432                               7.2175           1194.58   Yes              1YP                              1.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         3.500                   3.000                   1.000                     6.000            13.625            3.500                 717   Express Verified Assets                 Purchase                     Second Home                Condominium
      1103662448                               6.8425           5606.67   Yes              1YP                             44.03   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            13.250            3.000                 706   Stated                                  Purchase                     Owner Occupied             3-FAMILY
      1103662480                               7.0025           3478.98   Yes              3YP                             40.50   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.750                   3.000                   1.000                     6.000            13.990            3.750                 767   Stated                                  Purchase                     Owner Occupied             SFR
      0000000000                                6.218            984.35   Yes              3YP                             39.50   15YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.500            0.000                 670   Stated                                  Rate/Term Refinance          Owner Occupied             SFR
      1103662503                                9.092          1,109.93   Yes              3YP                              0.00   5/6 LIBOR                                        LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            15.500            3.000                 662   Express Non-Verified Assets             Cash Out Refinance           Owner Occupied             SFR
      1103662507                                6.218          2,063.69   Yes              2YP                             48.97   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         2.750                   3.000                   1.000                     6.000            12.625            2.750                 666   Stated                                  Rate/Term Refinance          Owner Occupied             SFR
      1103662512                               7.0925            836.41   Yes              1YP                             25.00   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            13.500            3.000                   0   Stated                                  Purchase                     Second Home                Condominium
      1103662531                                7.343          1,343.33   Yes              3YP                             46.23   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            13.750            3.000                 637   Stated                                  Cash Out Refinance           Owner Occupied             2-FAMILY
      1103662564                                6.583          2,012.34   No               NO                              45.88   5/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20120401                        20120501         60         4.000                   3.000                   1.000                     6.000            14.500            4.000                 638   SISA                                    Cash Out Refinance           Owner Occupied             PUD
      0000000000                                6.468          2,681.25   Yes              3YP                             41.13   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            12.875            3.000                 696   Stated                                  Rate/Term Refinance          Owner Occupied             SFR
      0000000000                                6.343          2,025.00   Yes              5YP                             48.07   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120501                        20120601         61         3.000                   3.000                   1.000                     6.000            12.750            3.000                 700   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103662663                                6.468            940.47   Yes              3YP                             22.91   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.750            0.000                 677   Full                                    Cash Out Refinance           Owner Occupied             SFR
      0000000000                               5.4675           1523.58   Yes              1YP                             41.62   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120501                        20120601         61         3.000                   3.000                   1.000                     6.000            11.875            3.000                 712   Stated                                  Purchase                     Owner Occupied             Condominium
      1103662693                                5.968          2,454.38   Yes              3YP                              1.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120501                        20120601         61         3.000                   3.000                   1.000                     6.000            12.375            3.000                 689   Express Verified Assets                 Rate/Term Refinance          Owner Occupied             SFR
      1103662735                                5.968          2,576.56   No               NO                              51.04   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120501                        20120601         61         3.000                   3.000                   1.000                     6.000            12.375            3.000                 709   Stated                                  Rate/Term Refinance          Investor                   SFR
      1103662753                               5.4675            2232.5   No               NO                              38.18   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120501                        20120601         61         3.000                   3.000                   1.000                     6.000            11.875            3.000                 718   SISA                                    Purchase                     Owner Occupied             SFR
      1103662757                               8.9675           1218.75   No               NO                              33.56   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            15.375            3.000                 690   SISA                                    Purchase                     Investor                   SFR
      1103662771                               6.5825            2236.8   Yes              3YP                              1.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120501                        20120601         61         3.000                   3.000                   1.000                     6.000            12.990            3.000                 698   Express Verified Assets                 Purchase                     Owner Occupied             SFR
      1103662812                               6.8625           2436.16   Yes              3YP                              1.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.875                   3.000                   1.000                     6.000            14.250            3.875                 708   Express Verified Assets                 Purchase                     Owner Occupied             Condominium
      1103662845                                6.593          1,936.67   Yes              3YP                             25.01   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120501                        20120601         61         3.000                   3.000                   1.000                     6.000            13.000            3.000                 783   Stated                                  Cash Out Refinance           Investor                   SFR
      1103662885                                7.093          1,531.25   Yes              2YP                              1.00   2/6 LIBOR IO                              120    LIBOR                          6                6                             20090301                        20090401         23         2.875                   3.000                   1.000                     6.000            13.500            2.875                 646   Express Non-Verified Assets             Rate/Term Refinance          Investor                   SFR
      1103662897                               7.2175            541.88   Yes              3YP                             30.64   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             8.500            0.000                 631   Stated                                  Purchase                     Investor                   SFR
      1103663049                                8.692            811.83   Yes              3YP                              0.00   5/6 LIBOR                                        LIBOR                          6                6                             20120501                        20120601         61         3.000                   3.000                   1.000                     6.000            15.100            3.000                 754   Express No Doc                          Cash Out Refinance           Owner Occupied             SFR
      1103663092                                6.593          3,225.83   Yes              3YP                              1.00   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120501                        20120601         61         3.000                   3.000                   1.000                     6.000            13.000            3.000                 670   Express Verified Assets                 Rate/Term Refinance          Investor                   HI-RISE
      1103663135                               7.5425              3180   Yes              3YP                              0.00   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            13.950            3.000                 742   Express Verified Assets                 Purchase                     Owner Occupied             SFR
      1103663313                                6.343          2,353.50   Yes              3YP                              1.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120501                        20120601         61         3.000                   3.000                   1.000                     6.000            12.750            3.000                 654   Express Verified Assets                 Cash Out Refinance           Owner Occupied             SFR
      1103663337                               8.8425           1338.17   Yes              3YP                              0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         2.750                   3.000                   1.000                     6.000            15.250            9.250                 726   Stated                                  Purchase                     Investor                   4-FAMILY
      1103663343                               8.2175           3382.73   Yes              1YP                             29.69   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         2.750                   3.000                   1.000                     6.000            14.625            8.625                 701   Stated                                  Purchase                     Investor                   4-FAMILY
      1103663354                               6.8425              1748   Yes              3YP                              0.00   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             7.125            0.000                 704   Express Non-Verified Assets             Purchase                     Owner Occupied             D-PUDS
      1103663356                               8.9525           1292.53   Yes              1YP                             40.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         4.500                   3.000                   1.000                     6.000            16.000            4.500                 726   Stated                                  Purchase                     Investor                   D-PUDS
      1103663365                               7.5825           1251.77   Yes              1YP                             28.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         2.750                   3.000                   1.000                     6.000            13.990            7.990                 678   Stated                                  Purchase                     Owner Occupied             SFR
      1103663519                               5.8425            726.08   Yes              3YP                             32.91   40/30 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.125            0.000                 790   Full                                    Purchase                     Owner Occupied             SFR
      1103663537                                7.093          1,675.00   Yes              6MP                             23.60   2/6 LIBOR IO                              120    LIBOR                          6                6                             20090301                        20090401         23         2.875                   3.000                   1.000                     6.000            13.500            2.875                 658   Stated                                  Cash Out Refinance           Second Home                SFR
      1103663569                                6.968            844.32   Yes              3YP                             30.70   30YR FIXED IO                              60    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             7.250            0.000                 677   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      0000000000                               7.4675            811.17   No               NO                              32.04   30YR FIXED IO                              60    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             7.750            0.000                 759   Stated                                  Purchase                     Investor                   SFR
      1103663638                               6.9675            832.26   Yes              3YP                             49.54   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             7.250            0.000                 650   Stated                                  Purchase                     Owner Occupied             D-PUDS
      1103663705                                6.843          1,063.33   Yes              3YP                             40.98   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120301                        20120401         59         2.750                   3.000                   1.000                     6.000            13.250            7.250                 673   Stated                                  Cash Out Refinance           Owner Occupied             PUD
      1103663861                               6.8925           1165.47   Yes              3YP                             25.00   5/6 LIBOR                                        LIBOR                          6                6                             20120501                        20120601         61         3.000                   3.000                   1.000                     6.000            13.300            3.000                   0   Full                                    Purchase                     Second Home                Condominium
      1103663873                                6.858          1,824.17   Yes              3YP                             44.70   5/6 LIBOR                                        LIBOR                          6                6                             20120301                        20120401         59         2.750                   3.000                   1.000                     6.000            14.375            8.375                 630   SISA                                    Rate/Term Refinance          Owner Occupied             SFR
      1103664231                               7.3425           1089.53   Yes              3YP                              0.00   5/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20120401                        20120501         60         2.875                   6.000                   2.000                     6.000            13.750            2.875                 733   Express Verified Assets                 Purchase                     Investor                   Condominium
      1103664232                                7.468          1,233.75   Yes              3YP                              0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120501                        20120601         61         2.875                   6.000                   2.000                     6.000            13.875            2.875                 622   Express No Doc                          Cash Out Refinance           Investor                   SFR
      1103664241                               7.6925           1352.81   Yes              1YP                              0.00   5/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20120401                        20120501         60         3.750                   6.000                   2.000                     6.000            15.000            3.750                 706   Express Verified Assets                 Purchase                     Investor                   Condominium
      1103664242                               7.4425           1260.84   Yes              1YP                              0.00   5/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20120401                        20120501         60         3.750                   6.000                   2.000                     6.000            14.750            3.750                 706   Express Verified Assets                 Purchase                     Investor                   Condominium
      1103664248                               7.2825           1026.33   No               XX                              00.00   0/0 XXXXX 00/00 XXX                              XXXXX                          6                6                             20120301                        20120401         59         3.750                   6.000                   2.000                     6.000            14.500            3.750                 735   Full                                    Purchase                     Investor                   2-FAMILY
      1103664253                               6.9075             613.1   No               NO                              42.37   5/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20120401                        20120501         60         3.750                   6.000                   2.000                     6.000            14.125            3.750                 713   Full                                    Purchase                     Investor                   SFR
      1103664259                               6.9425            850.75   Yes              3YP                              0.00   5/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20120401                        20120501         60         3.750                   6.000                   2.000                     6.000            14.250            3.750                 709   Express Verified Assets                 Purchase                     Investor                   Condominium
      1103664260                                7.218          1,531.67   Yes              3YP                              0.00   3/6 LIBOR                                        LIBOR                          6                6                             20100401                        20100501         36         2.875                   6.000                   2.000                     6.000            13.625            2.875                 641   Express No Doc                          Cash Out Refinance           Investor                   SFR
      1103664261                               6.4075            586.48   Yes              3YP                             37.00   5/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20120401                        20120501         60         3.750                   6.000                   2.000                     6.000            13.625            3.750                 767   Full                                    Purchase                     Investor                   SFR
      1103664262                               7.7175           1299.32   Yes              3YP                             39.84   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         2.875                   6.000                   2.000                     6.000            14.125            2.875                 628   Stated                                  Purchase                     Owner Occupied             Condominium
      1103664263                               7.4675               798   Yes              3YP                              0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         2.875                   6.000                   2.000                     6.000            13.875            2.875                 686   Express Verified Assets                 Purchase                     Investor                   2-FAMILY
      1103664266                               7.6175           2569.01   No               NO                               0.00   5/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20120401                        20120501         60         3.750                   6.000                   2.000                     6.000            14.875            3.750                 724   Express Verified Assets                 Purchase                     Investor                   2-FAMILY
      1103664270                               7.0125           1546.79   Yes              3YP                              0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         3.750                   6.000                   2.000                     6.000            14.250            3.750                 762   Express Verified Assets                 Purchase                     Investor                   PUD
      0000000000                               6.4675           2205.73   Yes              3YP                              0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         2.875                   6.000                   2.000                     6.000            12.875            2.875                 686   Express Verified Assets                 Purchase                     Owner Occupied             PUD
      1103664281                               7.1175           1339.92   No               NO                               0.00   5/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20120401                        20120501         60         4.000                   6.000                   2.000                     6.000            14.875            4.000                 687   Express Verified Assets                 Purchase                     Owner Occupied             PUD
      0000000000                               7.1875           2192.87   No               NO                               0.00   5/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20120401                        20120501         60         3.625                   6.000                   2.000                     6.000            14.375            3.625                 767   Express Verified Assets                 Purchase                     Investor                   Condominium
      1103664285                               7.1875           1208.41   No               NO                               0.00   5/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20120401                        20120501         60         3.625                   6.000                   2.000                     6.000            14.375            3.625                 767   Express Verified Assets                 Purchase                     Investor                   SFR
      1103664290                                7.343          2,987.95   No               NO                              48.81   3/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20100401                        20100501         36         2.875                   6.000                   2.000                     6.000            13.750            2.875                 653   Stated                                  Cash Out Refinance           Owner Occupied             2-FAMILY
      0000000000                               6.8425            850.16   Yes              3YP                              0.00   5/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20120301                        20120401         59         2.875                   6.000                   2.000                     6.000            13.250            2.875                 757   Express Verified Assets                 Purchase                     Investor                   Condominium
      0000000000                                8.467          1,146.35   Yes              3YP                             42.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         2.875                   6.000                   2.000                     6.000            14.875            2.875                 630   Stated                                  Cash Out Refinance           Owner Occupied             Condominium
      1103664301                                8.467          1,567.92   Yes              1YP                              0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         2.875                   6.000                   2.000                     6.000            14.875            2.875                 627   Express No Doc                          Cash Out Refinance           Investor                   PUD
      1103664310                               6.0625           1354.54   Yes              3YP                              0.00   5/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20120401                        20120501         60         3.750                   6.000                   2.000                     6.000            13.250            3.750                 707   Express No Doc                          Purchase                     Second Home                SFR
      1103664311                               7.7175            880.89   Yes              3YP                              9.23   5/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20120401                        20120501         60         2.875                   6.000                   2.000                     6.000            14.125            2.875                 634   Stated                                  Purchase                     Owner Occupied             SFR
      1103664314                               7.4175           3250.52   Yes              3YP                             33.66   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         4.000                   6.000                   2.000                     6.000            15.875            4.000                 655   Stated                                  Purchase                     Owner Occupied             SFR
      1103664316                               7.1575           1335.79   Yes              3YP                             49.91   5/6 LIBOR                                        LIBOR                          6                6                             20120401                        20120501         60         3.750                   6.000                   2.000                     6.000            14.375            3.750                 748   Full                                    Purchase                     Investor                   SFR
      0000000000                                7.593          5,515.91   Yes              1YP                              0.00   5/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20120301                        20120401         59         2.875                   6.000                   2.000                     6.000            14.000            2.875                 626   Express No Doc                          Rate/Term Refinance          Owner Occupied             SFR
      1103664321                               7.0925           2372.34   Yes              3YP                              0.00   5/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20120401                        20120501         60         4.000                   6.000                   2.000                     6.000            14.750            4.000                 695   Express Verified Assets                 Purchase                     Investor                   Condominium
      1103664324                               7.3075           3808.76   Yes              3YP                              0.00   5/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20120401                        20120501         60         4.000                   6.000                   2.000                     6.000            14.875            4.000                 663   Express No Doc                          Purchase                     Owner Occupied             PUD
      1103664327                               6.1375            798.09   Yes              3YP                              0.00   5/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20120301                        20120401         59         3.750                   6.000                   2.000                     6.000            13.375            3.750                 727   Express Verified Assets                 Purchase                     Owner Occupied             SFR
      1103664328                               6.5175            2158.8   Yes              3YP                              0.00   5/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20120401                        20120501         60         3.625                   6.000                   2.000                     6.000            13.625            3.625                 775   Express Verified Assets                 Purchase                     Owner Occupied             PUD
      1103664331                               6.6575           2064.48   Yes              3YP                              0.00   5/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20120401                        20120501         60         4.000                   6.000                   2.000                     6.000            14.625            4.000                 660   Express Verified Assets                 Purchase                     Owner Occupied             Condominium
      1103664335                               6.8675           2339.25   No               NO                               0.00   5/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20120401                        20120501         60         4.000                   6.000                   2.000                     6.000            14.625            4.000                 696   Express Verified Assets                 Purchase                     Owner Occupied             SFR
      1103664340                               7.4675           1140.56   Yes              1YP                              0.00   5/6 LIBOR IO                              120    LIBOR                          6                6                             20120401                        20120501         60         2.875                   6.000                   2.000                     6.000            13.875            2.875                 655   Express No Doc                          Purchase                     Investor                   Condominium
      1103664341                               7.0325           1377.48   Yes              3YP                             43.87   3/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20100401                        20100501         36         4.000                   6.000                   2.000                     6.000            14.500            4.000                 743   Full                                    Purchase                     Investor                   Condominium
      1103664343                               7.7175           1390.68   Yes              3YP                              0.00   5/6 LIBOR                                        LIBOR                          6                6                             20120401                        20120501         60         4.000                   6.000                   2.000                     6.000            15.375            4.000                 697   Express Verified Assets                 Purchase                     Investor                   PUD
      1103664348                               7.9175            634.78   No               NO                              47.56   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            10.500            0.000                 639   Stated                                  Purchase                     Owner Occupied             Condominium
      1103664349                                7.343            707.79   Yes              3YP                              0.00   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             7.625            0.000                 643   Express No Doc                          Cash Out Refinance           Owner Occupied             SFR
      1103664352                               6.5925            2176.4   Yes              3YP                              0.00   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.875            0.000                 663   Express Verified Assets                 Purchase                     Owner Occupied             PUD
      1103664353                                6.968          1,623.58   Yes              3YP                              0.00   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             7.250            0.000                 650   Express No Doc                          Cash Out Refinance           Owner Occupied             SFR
      1103664356                                7.468          1,397.00   Yes              3YP                              0.00   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             7.750            0.000                 588   Express No Doc                          Cash Out Refinance           Owner Occupied             PUD
      1103664358                                6.968          1,064.84   Yes              3YP                              0.00   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             7.250            0.000                 608   Express Verified Assets                 Cash Out Refinance           Owner Occupied             SFR
      0000000000                               7.6075           1558.15   Yes              3YP                             48.30   40/30 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             9.000            0.000                 693   Full                                    Purchase                     Investor                   PUD
      1103664361                               7.8425            407.63   No               NO                              45.13   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             8.125            0.000                 775   Full                                    Purchase                     Investor                   2-FAMILY
      1103664362                               8.4675            529.92   No               NO                               0.00   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             8.750            0.000                 681   Express Verified Assets                 Purchase                     Investor                   Condominium
      1103664364                                6.843          1,485.55   Yes              3YP                              0.00   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             7.125            0.000                 615   Express No Doc                          Rate/Term Refinance          Owner Occupied             PUD
      1103664365                                7.843          1,828.13   No               NO                               0.00   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             8.125            0.000                 619   Express Verified Assets                 Cash Out Refinance           Owner Occupied             SFR
      0000000000                               7.5925           1782.78   Yes              3YP                              0.00   40/30 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             7.875            0.000                 665   Express Verified Assets                 Purchase                     Owner Occupied             PUD
      1103664368                                6.968          1,228.17   Yes              3YP                              0.00   40/30 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             7.250            0.000                 605   Express Verified Assets                 Cash Out Refinance           Owner Occupied             SFR
      1103664371                                8.342            915.07   Yes              3YP                              0.00   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             8.625            0.000                 619   Express No Doc                          Cash Out Refinance           Investor                   PUD
      1103664374                               7.9675            581.28   Yes              1YP                              0.00   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             8.250            0.000                 747   Express Verified Assets                 Purchase                     Investor                   SFR
      1103664377                               8.0925           1054.94   Yes              3YP                              0.00   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             8.375            0.000                 677   Express No Doc                          Purchase                     Owner Occupied             SFR
      1103664378                                6.593          1,403.65   Yes              3YP                              0.00   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.875            0.000                 612   Express Verified Assets                 Cash Out Refinance           Owner Occupied             SFR
      1103664379                               7.5925            911.63   Yes              3YP                             43.62   40/30 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             7.875            0.000                 628   Stated                                  Purchase                     Owner Occupied             Condominium
      1103664381                                7.343            997.65   Yes              3YP                              0.00   40/30 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             7.625            0.000                 590   Express Verified Assets                 Rate/Term Refinance          Owner Occupied             PUD
      1103664382                                8.592            954.77   Yes              3YP                              0.00   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             8.875            0.000                 610   Express Verified Assets                 Cash Out Refinance           Investor                   SFR
      1103664384                                7.843          1,320.31   Yes              3YP                              0.00   30YR FIXED IO                             120    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             8.125            0.000                 616   Express Verified Assets                 Cash Out Refinance           Owner Occupied             SFR
      1103664386                               7.4075             492.1   Yes              3YP                             44.77   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             8.500            0.000                 727   Full                                    Purchase                     Investor                   SFR
      1103664389                               7.8125           1017.39   Yes              3YP                              0.00   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             8.875            0.000                 750   Express Verified Assets                 Purchase                     Investor                   PUD
      1103664392                                6.968          2,220.48   Yes              3YP                              0.00   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             7.250            0.000                 605   Express Verified Assets                 Cash Out Refinance           Owner Occupied             SFR
      1103664393                                7.593            659.81   Yes              3YP                              0.00   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             7.875            0.000                 618   Express Verified Assets                 Cash Out Refinance           Owner Occupied             SFR
      1103664394                               6.5075           2868.87   Yes              3YP                              0.00   40/30 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             7.750            0.000                 723   Express Verified Assets                 Purchase                     Owner Occupied             SFR
      1103664395                               7.2175           1041.83   Yes              1YP                             36.24   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             7.500            0.000                 694   Full                                    Purchase                     Investor                   PUD
      1103664397                               8.0925           1494.68   Yes              3YP                              0.00   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             8.375            0.000                 706   Express Verified Assets                 Purchase                     Investor                   SFR
      1103664398                               6.9675            2650.8   Yes              3YP                              0.00   40/30 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             7.250            0.000                 602   Express Verified Assets                 Purchase                     Owner Occupied             SFR
      1103664399                               7.7175            623.88   No               NO                               0.00   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             8.000            0.000                 670   Express No Doc                          Purchase                     Owner Occupied             SFR
      1103664400                               7.6575            645.09   Yes              3YP                             47.44   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             8.750            0.000                 714   Full                                    Purchase                     Investor                   SFR
      1103664402                               7.4075            653.58   Yes              1YP                             48.21   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             8.500            0.000                 783   Full                                    Purchase                     Investor                   SFR
      1103664591                               7.2175            1677.5   Yes              3YP                             43.47   5/6 LIBOR IO                              120    LIBOR                          6                6                             20111201                        20120101         56         2.500                   3.000                   1.000                     6.000            13.625            2.500                 633   Stated                                  Purchase                     Owner Occupied             Condominium
      0000000000                               6.5925           3406.67   No               NO                               0.00   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.500                   5.000                   1.000                     5.000            12.000            4.500                 689   Express Verified Assets                 Purchase                     Owner Occupied             SFR
      1103665110                               6.8425           3192.58   No               XX                              00.00   0/0 XXXXX                                        XXXXX                          6                6                             20120201                        20120301         58         2.500                   5.000                   1.000                     5.000            12.250            4.750                 657   Stated                                  Purchase                     Owner Occupied             2-FAMILY
      1103665111                               7.0925           2824.83   Yes              3YP                             44.20   5/6 LIBOR                                        LIBOR                          6                6                             20120301                        20120401         59         2.750                   5.000                   2.000                     5.000            12.500            4.750                 623   Stated                                  Purchase                     Owner Occupied             SFR
      1103665112                               7.0925              2175   Yes              3YP                             42.63   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120201                        20120301         58         5.000                   5.000                   1.000                     5.000            12.500            5.000                 626   Stated                                  Purchase                     Owner Occupied             SFR
      1103665113                               7.0925              3750   No               NO                              42.30   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         2.250                   5.000                   1.000                     5.000            12.500            5.000                 682   Stated                                  Purchase                     Owner Occupied             SFR
      1103665114                                6.468          1,305.65   Yes              3YP                             28.78   5/6 LIBOR                                        LIBOR                          6                6                             20120301                        20120401         59         2.500                   5.000                   1.000                     5.000            11.875            4.625                 670   Stated                                  Cash Out Refinance           Investor                   SFR
      1103665115                               6.7175           1705.25   No               NO                              47.92   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         2.250                   5.000                   1.000                     5.000            12.125            4.875                 663   Full                                    Purchase                     Owner Occupied             SFR
      1103665116                               7.0925               860   Yes              3YP                              0.00   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         2.625                   5.000                   1.000                     5.000            12.500            4.875                 719   Express Verified Assets                 Purchase                     Owner Occupied             SFR
      0000000000                                6.468          2,612.50   No               NO                              44.90   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         2.500                   5.000                   1.000                     5.000            11.875            4.375                 664   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103665118                                6.968          1,647.08   No               NO                               0.00   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120201                        20120301         58         2.500                   5.000                   1.000                     5.000            12.375            4.725                 633   Express Verified Assets                 Cash Out Refinance           Owner Occupied             SFR
      1103665120                               6.7425           1780.44   Yes              3YP                             43.60   5/6 LIBOR                                        LIBOR                          6                6                             20120301                        20120401         59         2.250                   6.000                   2.000                     6.000            13.150            4.900                 731   Stated                                  Purchase                     Investor                   SFR
      1103665122                                6.593          7,758.33   No               NO                              43.80   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120201                        20120301         58         2.500                   5.000                   1.000                     5.000            12.000            4.500                 665   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103665123                               6.5925           3454.25   Yes              3YP                             47.70   5/6 LIBOR                                        LIBOR                          6                6                             20120301                        20120401         59         2.500                   5.000                   1.000                     5.000            12.000            4.470                 663   Stated                                  Purchase                     Owner Occupied             SFR
      0000000000                               5.9675           2486.25   Yes              3YP                              0.00   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         2.500                   5.000                   1.000                     5.000            11.375            4.725                 712   Express Verified Assets                 Purchase                     Owner Occupied             SFR
      1103665126                               6.9675           2974.58   Yes              3YP                             44.74   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120201                        20120301         58         2.250                   5.000                   1.000                     5.000            12.375            5.000                 681   Express Verified Assets                 Purchase                     Owner Occupied             SFR
      1103665127                               6.7175           2867.35   No               NO                               0.00   5/6 LIBOR                                        LIBOR                          6                6                             20120101                        20120201         57         2.500                   5.000                   1.000                     5.000            12.125            4.875                 641   Express Verified Assets                 Purchase                     Owner Occupied             SFR
      1103665128                                7.343          5,444.73   No               XX                              00.00   0/0 XXXXX                                        XXXXX                          6                6                             20120201                        20120301         58         2.250                   5.000                   1.000                     5.000            12.750            5.000                 659   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103665129                                6.343          3,825.00   Yes              3YP                             39.24   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120201                        20120301         58         2.500                   5.000                   1.000                     5.000            11.750            4.250                 680   Stated                                  Rate/Term Refinance          Owner Occupied             SFR
      1103665130                               6.5925           3432.96   No               XX                              00.00   0/0 XXXXX                                        XXXXX                          6                6                             20120201                        20120301         58         2.500                   5.000                   1.000                     5.000            12.000            4.500                 678   Stated                                  Purchase                     Owner Occupied             SFR
      1103665131                                6.468          1,283.33   No               NO                              44.03   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         2.500                   5.000                   1.000                     5.000            11.875            4.375                 628   Stated                                  Rate/Term Refinance          Owner Occupied             SFR
      0000000000                               6.4675           1759.77   Yes              3YP                             41.22   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120101                        20120201         57         2.500                   5.000                   1.000                     5.000            11.875            4.375                 672   Stated                                  Purchase                     Owner Occupied             SFR
      1103665134                               7.8425            1226.5   No               NO                               0.00   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         3.375                   5.000                   1.000                     5.000            13.250            4.875                 715   Express Verified Assets                 Purchase                     Investor                   SFR
      1103665135                               6.0925           1279.06   Yes              1YP                             41.19   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120101                        20120201         57         2.500                   5.000                   1.000                     5.000            11.500            4.000                 649   Stated                                  Purchase                     Owner Occupied             SFR
      1103665136                               6.4675            1146.1   Yes              3YP                              0.00   5/6 LIBOR                                        LIBOR                          6                6                             20111201                        20120101         56         2.500                   5.000                   1.000                     5.000            11.875            4.375                 700   Express No Doc                          Purchase                     Owner Occupied             SFR
      1103665137                               7.4675           1019.45   No               NO                              41.17   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120201                        20120301         58         2.875                   5.000                   1.000                     5.000            12.875            5.000                 666   Stated                                  Purchase                     Owner Occupied             Condominium
      1103665140                               6.5925           3159.78   No               XX                              00.00   0/0 XXXXX                                        XXXXX                          6                6                             20120401                        20120501         60         2.500                   5.000                   1.000                     5.000            12.000            4.500                 746   Stated                                  Purchase                     Second Home                SFR
      0000000000                                6.843          1,364.35   Yes              1YP                             40.78   5/6 LIBOR                                        LIBOR                          6                6                             20120301                        20120401         59         2.500                   5.000                   1.000                     5.000            12.250            4.750                 664   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      1103665142                                6.968          2,873.21   Yes              3YP                              0.00   5/6 LIBOR                                        LIBOR                          6                6                             20120101                        20120201         57         2.500                   5.000                   1.000                     5.000            12.375            4.725                 676   Express Verified Assets                 Cash Out Refinance           Owner Occupied             SFR
      1103665143                                6.718          5,818.75   Yes              3YP                              0.00   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         2.500                   5.000                   1.000                     5.000            12.125            4.625                 708   Express Verified Assets                 Cash Out Refinance           Owner Occupied             SFR
      1103665144                               6.7175           2303.75   No               NO                              44.84   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         2.500                   5.000                   1.000                     5.000            12.125            4.625                 740   Stated                                  Purchase                     Owner Occupied             2-FAMILY
      1103665145                               7.0925              1825   Yes              3YP                             36.25   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120201                        20120301         58         2.625                   5.000                   1.000                     5.000            12.500            4.875                 721   Stated                                  Purchase                     Owner Occupied             Condominium
      1103665147                               6.5925           2671.85   Yes              3YP                             41.20   7/6 LIBOR                                        LIBOR                          6                6                             20140101                        20140201         81         2.500                   5.000                   1.000                     5.000            12.000            4.500                 702   Stated                                  Purchase                     Owner Occupied             SFR
      1103665148                               6.5925           2543.33   No               NO                               0.00   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120301                        20120401         59         2.500                   5.000                   1.000                     5.000            12.000            4.500                 756   Express Verified Assets                 Purchase                     Owner Occupied             SFR
      1103665149                               7.0925              3125   No               NO                               0.00   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120201                        20120301         58         2.625                   5.000                   1.000                     5.000            12.500            4.875                 656   Express Verified Assets                 Purchase                     Owner Occupied             SFR
      1103665150                               7.7175              2880   Yes              3YP                              0.00   30YR FIXED IO                              60    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             8.000            0.000                 625   Express Verified Assets                 Purchase                     Owner Occupied             SFR
      1103665151                                7.593          2,231.25   No               NO                               0.00   30YR FIXED IO                              60    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             7.875            0.000                 687   Express Verified Assets                 Cash Out Refinance           Owner Occupied             SFR
      1103665152                               7.5925           1968.75   No               NO                               0.00   30YR FIXED IO                              60    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             7.875            0.000                 622   Express Verified Assets                 Purchase                     Owner Occupied             SFR
      1103665153                               7.5925           2736.56   Yes              3YP                             43.20   30YR FIXED IO                              60    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             7.875            0.000                 646   Stated                                  Purchase                     Owner Occupied             SFR
      1103665154                               8.0925           2361.75   No               NO                               0.00   30YR FIXED IO                              60    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             8.375            0.000                 620   Express Verified Assets                 Purchase                     Owner Occupied             Condominium
      1103665156                               8.4675           2216.48   No               NO                               0.00   30YR FIXED IO                              60    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             8.750            0.000                 733   Express Verified Assets                 Purchase                     Investor                   SFR
      1103665157                                6.093          2,826.13   No               NO                              41.24   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             6.375            0.000                 721   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      0000000000                               7.9675            1281.5   Yes              3YP                             40.76   30YR FIXED IO                              60    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             8.250            0.000                 711   Stated                                  Purchase                     Investor                   SFR
      1103665159                               7.0925           1514.33   Yes              3YP                             29.00   30YR FIXED IO                              60    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             7.375            0.000                 734   Stated                                  Purchase                     Second Home                SFR
      1103665160                               7.3425            686.25   No               NO                              37.60   30YR FIXED IO                              60    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             7.625            0.000                 690   Stated                                  Purchase                     Owner Occupied             SFR
      1103665161                               8.3425           1075.25   No               NO                              32.90   30YR FIXED IO                              60    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             8.625            0.000                 679   Stated                                  Purchase                     Investor                   SFR
      1103665162                               7.4675           2893.33   Yes              3YP                             35.50   30YR FIXED IO                              60    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000             7.750            0.000                 711   Stated                                  Purchase                     Owner Occupied             2-FAMILY
      2503153673                              11.0675           1317.27   No               NO                              49.99   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            11.600            0.000                 684   Stated                                  Purchase                     Owner Occupied             3-FAMILY
      2503164097                                8.292          2,417.16   Yes              3YP                             48.21   3/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20090701                        20090801         27         5.550                   3.000                   1.000                     6.000            14.700            8.700                 598   Full                                    Cash Out Refinance           Owner Occupied             SFR
      2503180761                              12.3425            997.76   Yes              2YP                             46.29   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.875            0.000                 634   Stated                                  Purchase                     Owner Occupied             SFR
      2503184571                              11.2175            595.55   Yes              2YP                             53.27   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            11.750            0.000                 635   Full                                    Purchase                     Owner Occupied             D-PUDS
      2503185841                              12.2075            499.52   Yes              3YP                             41.01   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.740            0.000                 635   Stated                                  Purchase                     Owner Occupied             SFR
      2503188998                              11.9675            672.37   Yes              2YP                             47.44   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.500            0.000                 653   Stated                                  Purchase                     Owner Occupied             SFR
      2503189258                               11.363            497.51   Yes              2YP                             36.40   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            11.895            0.000                 752   Stated                                  Cash Out Refinance           Owner Occupied             Condominium
      2503189762                               12.168            281.53   Yes              3YP                             33.16   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.700            0.000                 624   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      2503190770                              11.7575            367.85   No               NO                              34.67   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.290            0.000                 706   Stated                                  Purchase                     Investor                   SFR
      2503191818                               12.158            300.33   Yes              3YP                             37.88   30/15 FIXED BAL IO                         60    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.690            0.000                 696   Stated                                  Cash Out Refinance           Investor                   SFR
      2503191847                              11.2175            689.43   Yes              1YP                             48.33   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            11.750            0.000                 686   Stated                                  Purchase                     Owner Occupied             Condominium
      2503193131                              10.2075            496.68   Yes              3YP                             33.27   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            10.740            0.000                 706   Stated                                  Purchase                     Owner Occupied             Condominium
      2503194961                               11.593          1,360.10   Yes              3YP                             25.16   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.125            0.000                 689   Stated                                  Cash Out Refinance           Investor                   D-PUDS
      2503195310                              10.3575            903.43   Yes              3YP                             43.91   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            10.890            0.000                 684   Stated                                  Purchase                     Owner Occupied             Condominium
      2503195664                              11.4675            779.15   No               NO                              28.93   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.000            0.000                 693   Stated                                  Purchase                     Owner Occupied             Condominium
      2503195675                              12.7175            270.19   Yes              2YP                             42.26   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            13.250            0.000                 648   Full                                    Purchase                     Investor                   SFR
      2503195750                                6.593          2,800.00   Yes              3YP                             29.81   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120201                        20120301         58         3.000                   3.000                   1.000                     6.000            13.000            3.000                 661   Stated                                  Rate/Term Refinance          Owner Occupied             SFR
      2503195826                              11.8575           1720.44   No               NO                              49.08   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.390            0.000                 741   Stated                                  Purchase                     Owner Occupied             4-FAMILY
      2503196100                               10.918            813.84   Yes              3YP                             42.60   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            11.450            0.000                 692   Stated                                  Cash Out Refinance           Owner Occupied             Condominium
      2503196609                              12.0675            217.69   No               NO                              49.94   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.600            0.000                 686   Stated                                  Purchase                     Investor                   4-FAMILY
      2503196781                              11.3875            511.23   No               NO                              45.09   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            11.920            0.000                 697   Stated                                  Purchase                     Investor                   2-FAMILY
      2503197046                              11.4025             268.7   No               NO                              41.36   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            11.935            0.000                 691   Stated                                  Purchase                     Investor                   Condominium
      2503197386                              13.4175            500.41   No               NO                              46.91   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            13.950            0.000                 692   Stated                                  Purchase                     Investor                   Condominium
      2503197397                              11.4425            360.37   No               NO                              37.10   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            11.975            0.000                 684   Stated                                  Purchase                     Owner Occupied             Condominium
      2503198076                              13.3675            560.23   No               NO                              40.19   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            13.900            0.000                 647   Stated                                  Purchase                     Second Home                HI-RISE
      0000000000                               8.5825           1125.46   Yes              2YP                             44.64   2/6 LIBOR                                        LIBOR                          6                6                             20090301                        20090401         23         6.550                   3.000                   1.000                     6.000            14.990            8.990                 649   Stated                                  Purchase                     Owner Occupied             SFR
      2503198749                              12.7075             373.5   No               NO                              42.59   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            13.240            0.000                 689   Stated                                  Purchase                     Investor                   2-FAMILY
      2503198867                              12.0575               803   No               NO                              37.94   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.590            0.000                 668   Stated                                  Purchase                     Owner Occupied             Townhouse
      2503199274                                5.468            940.00   Yes              3YP                             41.11   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120401                        20120501         60         3.000                   3.000                   1.000                     6.000            11.875            3.000                 701   Stated                                  Rate/Term Refinance          Investor                   PUD
      2503199481                               13.868          1,627.21   No               NO                              47.79   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            14.400            0.000                 642   Stated                                  Cash Out Refinance           Investor                   SFR
      2503199678                               11.983            641.05   Yes              1YP                             39.82   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.515            0.000                 684   Stated                                  Cash Out Refinance           Investor                   SFR
      0000000000                              12.7175            440.74   Yes              1YP                             48.96   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            13.250            0.000                 682   Stated                                  Purchase                     Investor                   Condominium
      2503200154                              13.0675            278.65   No               NO                              48.19   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            13.600            0.000                 670   Stated                                  Purchase                     Investor                   SFR
      2503200183                              12.7675            482.95   No               NO                              47.41   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            13.300            0.000                 665   Stated                                  Purchase                     Investor                   SFR
      2503200602                              12.4575            400.71   Yes              2YP                             50.00   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.990            0.000                 655   Stated                                  Purchase                     Second Home                Condominium
      2503200917                              12.1675            314.01   Yes              3YP                             49.92   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.700            0.000                 650   Stated                                  Purchase                     Owner Occupied             SFR
      0000000000                               14.368            288.98   Yes              2YP                             46.89   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            14.900            0.000                 641   Stated                                  Cash Out Refinance           Investor                   Condominium
      2503200932                              12.2425            366.87   No               NO                              41.76   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.775            0.000                 720   Stated                                  Purchase                     Investor                   Condominium
      2503201011                              12.2425            448.52   No               NO                              45.48   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.775            0.000                 724   Stated                                  Purchase                     Investor                   Condominium
      0000000000                              12.2975            1621.9   No               NO                              44.24   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.830            0.000                 643   Stated                                  Purchase                     Owner Occupied             4-FAMILY
      2503201291                              11.3175            874.69   No               NO                              41.88   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            11.850            0.000                 693   Stated                                  Purchase                     Owner Occupied             HI-RISE
      2503201423                               12.468            420.36   No               NO                              37.54   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            13.000            0.000                 653   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      2503201732                              11.6075            394.97   No               NO                              36.61   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.140            0.000                 673   Stated                                  Purchase                     Owner Occupied             SFR
      0000000000                               11.768            465.40   Yes              2YP                             47.55   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.300            0.000                 695   Stated                                  Cash Out Refinance           Investor                   D-PUDS
      0000000000                              12.3425            868.38   No               NO                              38.64   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.875            0.000                 702   Stated                                  Purchase                     Investor                   4-FAMILY
      2503202208                              13.2175            964.13   No               NO                              49.98   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            13.750            0.000                 674   Stated                                  Purchase                     Investor                   Condominium
      2503202420                              12.7075            393.75   No               NO                              44.01   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            13.240            0.000                 691   Stated                                  Purchase                     Investor                   2-FAMILY
      2503202514                               10.343            326.25   No               NO                              31.04   30/15 FIXED BAL IO                         60    FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            10.875            0.000                 669   Stated                                  Rate/Term Refinance          Owner Occupied             D-PUDS
      2503202548                              11.4575            781.16   Yes              2YP                             45.00   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            11.990            0.000                 620   Full                                    Purchase                     Owner Occupied             SFR
      2503202609                               12.218            415.66   No               NO                              37.98   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.750            0.000                 684   Stated                                  Rate/Term Refinance          Investor                   SFR
      2503202645                               11.838            509.03   No               NO                              39.23   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.370            0.000                 653   Stated                                  Cash Out Refinance           Second Home                D-PUDS
      2503202757                               8.5775           3387.15   Yes              2YP                             42.41   2/6 LIBOR 40/30 BAL                              LIBOR                          6                6                             20090301                        20090401         23         5.550                   3.000                   1.000                     6.000            17.125           11.125                 607   Stated                                  Purchase                     Owner Occupied             PUD
      2503203013                              12.1575            529.65   Yes              3YP                             41.82   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.690            0.000                 658   Full                                    Purchase                     Owner Occupied             Condominium
      2503203247                              11.3675            558.95   Yes              3YP                             40.48   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            11.900            0.000                 676   Stated                                  Purchase                     Investor                   SFR
      2503203341                              12.5175            997.43   No               NO                              47.54   30YR FIXED                                       FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            13.050            0.000                 693   Stated                                  Purchase                     Investor                   SFR
      2503203461                              11.8575            583.89   No               NO                              35.69   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.390            0.000                 716   Stated                                  Purchase                     Investor                   Condominium
      2503203466                              10.4575            475.59   No               NO                              50.45   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            10.990            0.000                 702   Stated                                  Purchase                     Owner Occupied             D-PUDS
      2503203513                              11.3925            606.03   No               NO                              30.96   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            11.925            0.000                 712   Stated                                  Purchase                     Investor                   SFR
      2503203514                               11.888          1,244.62   Yes              1YP                             31.11   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.420            0.000                 704   Stated                                  Cash Out Refinance           Investor                   2-FAMILY
      2503203529                              13.7175             384.3   No               NO                              29.37   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            14.250            0.000                 674   Stated                                  Purchase                     Investor                   2-FAMILY
      0000000000                               11.618            538.29   Yes              3YP                             34.81   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.150            0.000                 693   Stated                                  Rate/Term Refinance          Investor                   D-PUDS
      2503203584                              12.2575            420.67   Yes              3YP                             42.82   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.790            0.000                 667   Stated                                  Purchase                     Investor                   PUD
      2503203710                               12.468            414.82   Yes              2YP                             52.96   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            13.000            0.000                 675   Stated                                  Cash Out Refinance           Investor                   SFR
      2503203782                              11.9675             544.3   Yes              2YP                             42.64   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.500            0.000                 625   Full                                    Purchase                     Owner Occupied             Condominium
      2503203852                               11.158            316.52   No               NO                              40.87   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            11.690            0.000                 724   Stated                                  Cash Out Refinance           Investor                   D-PUDS
      2503203861                              11.2675            500.04   No               NO                              34.98   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            11.800            0.000                 713   Stated                                  Purchase                     Investor                   SFR
      2503203896                               11.268            375.41   Yes              3YP                             30.28   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            11.800            0.000                 622   Full                                    Cash Out Refinance           Owner Occupied             D-PUDS
      2503203994                              11.6675            305.38   No               NO                              38.87   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.200            0.000                 668   Stated                                  Purchase                     Investor                   2-FAMILY
      2503204068                              12.5175             637.2   No               NO                              42.47   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            13.050            0.000                 669   Stated                                  Purchase                     Investor                   D-PUDS
      2503204087                              12.6075           1281.93   No               NO                              21.82   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            13.140            0.000                 734   Stated                                  Purchase                     Investor                   2-FAMILY
      2503204151                              11.9825           1044.92   No               NO                              37.42   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.515            0.000                 734   Stated                                  Purchase                     Investor                   2-FAMILY
      0000000000                              11.4675            324.01   No               NO                              32.00   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.000            0.000                 710   Stated                                  Purchase                     Investor                   SFR
      2503204310                               11.983            797.04   Yes              1YP                             47.75   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.515            0.000                 646   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      2503204389                              11.3675            458.85   No               NO                              30.92   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            11.900            0.000                 703   Stated                                  Purchase                     Investor                   D-PUDS
      2503204520                               12.458          1,193.85   Yes              1YP                             43.43   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.990            0.000                 682   Stated                                  Cash Out Refinance           Investor                   2-FAMILY
      0000000000                              10.9675           2401.46   No               NO                              46.72   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            11.500            0.000                 725   Stated                                  Purchase                     Owner Occupied             3-FAMILY
      2503204710                              12.3675            744.71   No               NO                              32.23   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.900            0.000                 697   Stated                                  Purchase                     Investor                   2-FAMILY
      0000000000                               12.518            263.65   Yes              3YP                             30.41   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            13.050            0.000                 664   Full                                    Cash Out Refinance           Investor                   SFR
      2503204783                               11.328            603.08   No               NO                              39.80   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            11.860            0.000                 631   Full                                    Rate/Term Refinance          Owner Occupied             SFR
      2503204824                              12.3575            370.97   No               NO                              35.69   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.890            0.000                 697   Stated                                  Purchase                     Investor                   Condominium
      2503204848                               7.3425           1343.27   Yes              3YP                             49.99   3/6 LIBOR                                        LIBOR                          6                6                             20100301                        20100401         35         5.650                   3.000                   1.000                     6.000            13.750            7.750                 637   Full                                    Purchase                     Owner Occupied             SFR
      2503204851                              11.9075            664.13   Yes              3YP                             49.99   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.440            0.000                 637   Full                                    Purchase                     Owner Occupied             SFR
      0000000000                               11.093            379.94   Yes              2YP                             32.79   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            11.625            0.000                 656   Stated                                  Cash Out Refinance           Second Home                SFR
      2503204863                               12.243            345.10   No               NO                              31.71   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.775            0.000                 670   Stated                                  Cash Out Refinance           Investor                   SFR
      2503204878                              13.1375            477.43   Yes              1YP                             47.69   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            13.670            0.000                 672   Stated                                  Purchase                     Investor                   2-FAMILY
      2503204980                              11.7575            591.18   No               NO                              41.92   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.290            0.000                 685   Stated                                  Purchase                     Investor                   SFR
      2503205026                               11.458            925.06   Yes              2YP                             39.34   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            11.990            0.000                 729   Stated                                  Cash Out Refinance           Investor                   Condominium
      2503205029                              10.8675             663.3   No               NO                              39.06   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            11.400            0.000                 649   Stated                                  Purchase                     Owner Occupied             3-FAMILY
      2503205117                               13.843            801.65   No               NO                              36.69   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            14.375            0.000                 652   Stated                                  Cash Out Refinance           Investor                   PUD
      2503205315                              11.6175            586.66   No               NO                              40.81   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.150            0.000                 720   Stated                                  Purchase                     Investor                   Condominium
      2503205391                               11.366            385.85   No               NO                              36.46   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            11.898            0.000                 666   Stated                                  Cash Out Refinance           Owner Occupied             SFR
      2503205411                              11.4575            706.13   No               NO                              33.23   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            11.990            0.000                 711   Stated                                  Purchase                     Investor                   D-PUDS
      0000000000                              11.9675           1280.71   No               NO                              49.98   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.500            0.000                 646   Stated                                  Purchase                     Owner Occupied             2-FAMILY
      2503205693                               11.668            803.91   No               NO                              41.03   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.200            0.000                 668   Stated                                  Rate/Term Refinance          Owner Occupied             SFR
      2503205877                              13.0275            793.59   No               NO                              39.78   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            13.560            0.000                 685   Stated                                  Purchase                     Investor                   D-PUDS
      2503205980                               12.738            279.02   No               NO                              36.50   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            13.270            0.000                 666   Stated                                  Cash Out Refinance           Investor                   SFR
      0000000000                                7.293          1,604.17   Yes              3YP                             36.60   5/6 LIBOR IO                               60    LIBOR                          6                6                             20120201                        20120301         58         5.550                   3.000                   1.000                     6.000            13.700            7.700                 644   SISA                                    Cash Out Refinance           Owner Occupied             SFR
      2503206108                              11.4675            800.26   No               NO                              46.75   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.000            0.000                 674   Stated                                  Purchase                     Owner Occupied             Condominium
      2503206109                              10.3575            649.01   No               NO                              37.35   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            10.890            0.000                 793   Stated                                  Purchase                     Owner Occupied             3-FAMILY
      2503206237                               7.9625           2885.89   Yes              3YP                             42.53   3/6 LIBOR                                        LIBOR                          6                6                             20100301                        20100401         35         5.550                   3.000                   1.000                     6.000            16.250           10.250                 625   Stated                                  Purchase                     Owner Occupied             D-PUDS
      2503206315                              12.2365            500.56   Yes              1YP                             32.28   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.769            0.000                 693   Stated                                  Purchase                     Investor                   Condominium
      2503206352                               12.058          1,208.53   No               NO                              41.85   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            12.590            0.000                 641   Stated                                  Rate/Term Refinance          Investor                   SFR
      2503206378                               13.683            248.80   Yes              1YP                             43.00   30/15 FIXED BAL                                  FIXED                          0                0                                                                               0         0.000                   0.000                   0.000                     0.000            14.215            0.000                 656   Stated                                  Cash Out Ref

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IMPAC SECURED ASSETS CORP., Depositor, IMPAC FUNDING CORPORATION Master Servicer, and DEUTSCHE BANK NATIONAL TRUST COMPANY Trustee POOLING AND SERVICING AGREEMENT Dated as of April 1, 2007 Mortgage Pass-Through Certificates Series 2007-3

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