UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
FORM 10-D
ASSET-BACKED ISSUER
DISTRIBUTION REPORT PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
For the monthly distribution period from:
April 26, 2006 to May 25, 2006
Commission File Number of issuing entity: 333-121559-17
Banc of America Funding 2006-1 Trust
(Exact name of issuing entity as specified in its charter)
Commission File Number of depositor: 333-121559
Banc of America Funding Corporation
(Exact name of depositor as specified in its charter)
Bank of America, National Association
(Exact name of sponsor as specified in its charter)
New York
(State or other jurisdiction of incorporation or organization
of the issuing entity)
54-2193459
54-2193460
54-2193461
(I.R.S. Employer Identification No.)
c/o Wells Fargo Bank, N.A.
9062 Old Annapolis Road
Columbia, MD 21045
(Address of principal executive offices of the issuing entity) (Zip Code)
(410) 884-2000
(Telephone number, including area code)
Not Applicable
(Former name, former address, if changed since last report)
<TABLE>
Registered/reporting
pursuant to (check one)
Title of Section Section Section Name of Exchange
Class 12(b) 12(g) 15(d) (If Section 12(b))
<s> <c> <c> <c> <c>
1-A-1 _____ _____ __X___ ____________
1-A-10 _____ _____ __X___ ____________
1-A-11 _____ _____ __X___ ____________
1-A-12 _____ _____ __X___ ____________
1-A-13 _____ _____ __X___ ____________
1-A-14 _____ _____ __X___ ____________
1-A-15 _____ _____ __X___ ____________
1-A-16 _____ _____ __X___ ____________
1-A-17 _____ _____ __X___ ____________
1-A-18 _____ _____ __X___ ____________
1-A-19 _____ _____ __X___ ____________
1-A-2 _____ _____ __X___ ____________
1-A-20 _____ _____ __X___ ____________
1-A-21 _____ _____ __X___ ____________
1-A-22 _____ _____ __X___ ____________
1-A-23 _____ _____ __X___ ____________
1-A-24 _____ _____ __X___ ____________
1-A-25 _____ _____ __X___ ____________
1-A-26 _____ _____ __X___ ____________
1-A-27 _____ _____ __X___ ____________
1-A-28 _____ _____ __X___ ____________
1-A-3 _____ _____ __X___ ____________
1-A-4 _____ _____ __X___ ____________
1-A-5 _____ _____ __X___ ____________
1-A-6 _____ _____ __X___ ____________
1-A-7 _____ _____ __X___ ____________
1-A-8 _____ _____ __X___ ____________
1-A-9 _____ _____ __X___ ____________
2-A-1 _____ _____ __X___ ____________
2-A-2 _____ _____ __X___ ____________
B-1 _____ _____ __X___ ____________
B-2 _____ _____ __X___ ____________
B-3 _____ _____ __X___ ____________
B-4 _____ _____ __X___ ____________
B-5 _____ _____ __X___ ____________
B-6 _____ _____ __X___ ____________
X-IO _____ _____ __X___ ____________
X-PO _____ _____ __X___ ____________
3-A-1 _____ _____ __X___ ____________
3-A-2 _____ _____ __X___ ____________
X-B-1 _____ _____ __X___ ____________
X-B-2 _____ _____ __X___ ____________
X-B-3 _____ _____ __X___ ____________
X-B-4 _____ _____ __X___ ____________
X-B-5 _____ _____ __X___ ____________
X-B-6 _____ _____ __X___ ____________
3-A-R _____ _____ __X___ ____________
</TABLE>
Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to
such filing requirements for the past 90 days.
Yes __X__ No ____
Part I - DISTRIBUTION INFORMATION
Item 1. Distribution and Pool Performance Information
On May 25, 2006 a distribution was made to holders of Banc of America Funding
2006-1 Trust.
The distribution report is attached as an Exhibit to this Form 10-D. Please
see Item 9(b), Exhibit 99.1 for the related information.
Part II - OTHER INFORMATION
Item 9. Exhibits.
(a) The following is a list of documents filed as part of this Report on
Form 10-D:
(99.1) Monthly report distributed to holders of Banc of America Funding
2006-1 Trust, relating to the May 25, 2006 distribution.
(b) The exhibits required to be filed by Registrant pursuant to Item 601
of Regulation S-K are listed above and in the Exhibit Index that
immediately follows the signature page hereof.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
Banc of America Funding 2006-1 Trust
(Issuing Entity)
Wells Fargo Bank, N.A.
Master Servicer
/s/ Chris Regnier
Chris Regnier, Vice
President
Date: June 7, 2006
EXHIBIT INDEX
Exhibit Number Description
EX-99.1 Monthly report distributed to holders of Banc of
America Funding 2006-1 Trust, relating to the May 25,
2006 distribution.
EX-99.1
Banc of America Funding Corporation
Mortgage Loan Pass-Through Certificates
Distribution Date: 5/25/2006
Banc of America Funding Corporation
Mortgage Loan Pass-Through Certificates
Series 2006-1
Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Securities Administration Services
7485 New Horizon Way
Frederick, MD 21703
www.ctslink.com
Telephone: (301) 815-6600
Fax: (301) 815-6660
<TABLE>
<CAPTION>
Certificateholder Distribution Summary
Class CUSIP Certificate Beginning Interest
Pass-Through Certificate Distribution
Rate Balance
<s> <c> <c> <c> <c>
1-A-1 05949TAA7 5.75000% 11,199,074.42 53,662.23
1-A-2 05949TAB5 5.75000% 3,320,000.00 15,908.33
1-A-3 05949TAC3 5.75000% 579,000.00 2,774.38
1-A-4 05949TAD1 5.75000% 4,342,000.00 20,805.42
1-A-5 05949TAE9 5.50000% 2,000,000.00 9,166.67
1-A-6 05949TAF6 6.00000% 2,000,000.00 10,000.00
1-A-7 05949TAG4 5.75000% 116,650.04 558.95
1-A-8 05949TAH2 5.75000% 1,057,000.00 5,064.79
1-A-9 05949TAJ8 5.75000% 1,000,000.00 4,791.67
1-A-10 05949TAK5 5.75000% 17,198,466.68 82,409.32
1-A-11 05949TAL3 5.75000% 1,524,000.00 7,302.50
1-A-12 05949TAM1 5.75000% 3,701,000.00 17,733.96
1-A-13 05949TAN9 5.25000% 996,468.15 4,359.55
1-A-14 05949TAP4 6.25000% 996,468.15 5,189.94
1-A-15 05949TAQ2 5.75000% 581,586.71 2,786.77
1-A-16 05949TAR0 5.75000% 775,000.00 3,713.54
1-A-17 05949TBY4 5.75000% 775,000.00 3,713.54
1-A-18 05949TAS8 5.50000% 2,750,434.46 12,606.16
1-A-19 05949TAT6 6.00000% 2,750,434.46 13,752.17
1-A-20 05949TAU3 5.85938% 27,547,468.87 134,509.24
1-A-21 05949TAV1 0.00000% 0.00 0.00
1-A-22 05949TAW9 5.75000% 1,162,871.88 5,572.09
1-A-23 05949TAX7 5.75000% 50,178,000.00 240,436.25
1-A-24 05949TAY5 5.75000% 6,023,000.00 28,860.21
1-A-25 05949TAZ2 5.75000% 40,668,154.26 194,868.24
1-A-26 05949TBA6 5.75000% 0.00 18,620.49
1-A-27 05949TBB4 5.50000% 27,041,000.00 123,937.92
1-A-28 05949TBC2 5.30000% 34,631,883.38 152,957.48
2-A-1 05949TBD0 5.50000% 103,753,739.09 475,537.97
2-A-2 05949TBE8 5.50000% 4,267,110.23 19,557.59
3-A-1 05949TBF5 5.50000% 92,277,753.16 422,939.70
3-A-2 05949TBG3 5.50000% 3,347,200.87 15,341.34
3-A-R 05949TBH1 5.50000% 0.00 0.24
X-PO 05949TBK4 0.00000% 6,984,448.82 0.00
X-IO 05949TBJ7 5.50000% 0.00 41,878.39
X-B-1 05949TBP3 5.68170% 7,521,206.30 35,611.05
X-B-2 05949TBQ1 5.68170% 2,017,300.32 9,551.42
X-B-3 05949TBR9 5.68170% 1,284,644.00 6,082.47
X-B-4 05949TBV0 5.68170% 733,654.50 3,473.67
X-B-5 05949TBW8 5.68170% 549,991.33 2,604.07
X-B-6 05949TBX6 5.68170% 734,254.40 3,476.51
B-1 05949TBL2 5.50000% 2,923,000.00 13,397.08
B-2 05949TBM0 5.50000% 687,000.00 3,148.75
B-3 05949TBN8 5.50000% 344,000.00 1,576.67
B-4 05949TBS7 5.50000% 229,000.00 1,049.58
B-5 05949TBT5 5.50000% 172,000.00 788.33
B-6 05949TBU2 5.50000% 172,580.00 790.99
Totals 472,913,844.48 2,232,867.63
</TABLE>
<TABLE>
<CAPTION>
Certificateholder Distribution Summary (continued)
Class Principal Current Ending Total Cumulative
Distribution Realized Certificate Distribution Realized
Loss Balance Losses
<s> <c> <c> <c> <c> <c>
1-A-1 343,348.71 0.00 10,855,725.71 397,010.94 0.00
1-A-2 0.00 0.00 3,320,000.00 15,908.33 0.00
1-A-3 0.00 0.00 579,000.00 2,774.38 0.00
1-A-4 0.00 0.00 4,342,000.00 20,805.42 0.00
1-A-5 0.00 0.00 2,000,000.00 9,166.67 0.00
1-A-6 0.00 0.00 2,000,000.00 10,000.00 0.00
1-A-7 640.25 0.00 116,009.79 1,199.20 0.00
1-A-8 0.00 0.00 1,057,000.00 5,064.79 0.00
1-A-9 0.00 0.00 1,000,000.00 4,791.67 0.00
1-A-10 339,184.61 0.00 16,859,282.06 421,593.93 0.00
1-A-11 0.00 0.00 1,524,000.00 7,302.50 0.00
1-A-12 0.00 0.00 3,701,000.00 17,733.96 0.00
1-A-13 5,469.27 0.00 990,998.88 9,828.82 0.00
1-A-14 5,469.27 0.00 990,998.88 10,659.21 0.00
1-A-15 42,038.71 0.00 539,547.99 44,825.48 0.00
1-A-16 0.00 0.00 775,000.00 3,713.54 0.00
1-A-17 0.00 0.00 775,000.00 3,713.54 0.00
1-A-18 54,243.50 0.00 2,696,190.96 66,849.66 0.00
1-A-19 54,243.50 0.00 2,696,190.96 67,995.67 0.00
1-A-20 209,457.22 0.00 27,338,011.65 343,966.46 0.00
1-A-21 0.00 0.00 0.00 0.00 0.00
1-A-22 211,090.02 0.00 951,781.87 216,662.11 0.00
1-A-23 0.00 0.00 50,178,000.00 240,436.25 0.00
1-A-24 0.00 0.00 6,023,000.00 28,860.21 0.00
1-A-25 353,569.79 0.00 40,314,584.47 548,438.03 0.00
1-A-26 0.00 0.00 0.00 18,620.49 0.00
1-A-27 0.00 0.00 27,041,000.00 123,937.92 0.00
1-A-28 148,944.95 0.00 34,482,938.43 301,902.43 0.00
2-A-1 1,120,276.18 0.00 102,633,462.91 1,595,814.15 0.00
2-A-2 46,073.92 0.00 4,221,036.31 65,631.51 0.00
3-A-1 77,154.88 0.00 92,200,598.28 500,094.58 0.00
3-A-2 2,798.65 0.00 3,344,402.22 18,139.99 0.00
3-A-R 0.00 0.00 0.00 0.24 0.00
X-PO 22,542.51 0.00 6,961,906.31 22,542.51 0.00
X-IO 0.00 0.00 0.00 41,878.39 0.00
X-B-1 4,659.21 0.00 7,516,547.09 40,270.26 0.00
X-B-2 1,249.67 0.00 2,016,050.65 10,801.09 0.00
X-B-3 795.81 0.00 1,283,848.19 6,878.28 0.00
X-B-4 454.48 0.00 733,200.02 3,928.15 0.00
X-B-5 340.71 0.00 549,650.62 2,944.78 0.00
X-B-6 454.85 0.00 733,799.54 3,931.36 0.00
B-1 0.00 0.00 2,923,000.00 13,397.08 0.00
B-2 0.00 0.00 687,000.00 3,148.75 0.00
B-3 0.00 0.00 344,000.00 1,576.67 0.00
B-4 0.00 0.00 229,000.00 1,049.58 0.00
B-5 0.00 0.00 172,000.00 788.33 0.00
B-6 0.00 0.00 172,580.00 790.99 0.00
Totals 3,044,500.67 0.00 469,869,343.79 5,277,368.30 0.00
<FN>
As Master Servicer, Wells Fargo Bank, N.A. has independently calculated collateral
information based on loan level data received from external parties, which may include
the Servicers, Issuer and other parties to the transaction. Wells Fargo Bank, N.A.
expressly disclaims any responsibility for the accuracy or completeness of information
furnished to it by those third parties.
</FN>
</TABLE>
<TABLE>
<CAPTION>
Principal Distribution Statement
Class Original Beginning Scheduled UnScheduled Accretion Realized
Face Certificate Principal Principal Loss
Amount Balance Distribution Distribution
<s> <c> <c> <c> <c> <c> <c>
1-A-1 12,759,000.00 11,199,074.42 40,545.85 302,802.86 0.00 0.00
1-A-2 3,320,000.00 3,320,000.00 0.00 0.00 0.00 0.00
1-A-3 579,000.00 579,000.00 0.00 0.00 0.00 0.00
1-A-4 4,342,000.00 4,342,000.00 0.00 0.00 0.00 0.00
1-A-5 2,000,000.00 2,000,000.00 0.00 0.00 0.00 0.00
1-A-6 2,000,000.00 2,000,000.00 0.00 0.00 0.00 0.00
1-A-7 118,000.00 116,650.04 75.61 564.64 0.00 0.00
1-A-8 1,057,000.00 1,057,000.00 0.00 0.00 0.00 0.00
1-A-9 1,000,000.00 1,000,000.00 0.00 0.00 0.00 0.00
1-A-10 18,759,000.00 17,198,466.68 40,054.12 299,130.50 0.00 0.00
1-A-11 1,524,000.00 1,524,000.00 0.00 0.00 0.00 0.00
1-A-12 3,701,000.00 3,701,000.00 0.00 0.00 0.00 0.00
1-A-13 1,008,000.00 996,468.15 645.86 4,823.41 0.00 0.00
1-A-14 1,008,000.00 996,468.15 645.86 4,823.41 0.00 0.00
1-A-15 775,000.00 581,586.71 4,964.33 37,074.39 0.00 0.00
1-A-16 775,000.00 775,000.00 0.00 0.00 0.00 0.00
1-A-17 775,000.00 775,000.00 0.00 0.00 0.00 0.00
1-A-18 3,000,000.00 2,750,434.46 6,405.58 47,837.92 0.00 0.00
1-A-19 3,000,000.00 2,750,434.46 6,405.58 47,837.92 0.00 0.00
1-A-20 28,000,000.00 27,547,468.87 24,734.68 184,722.54 0.00 0.00
1-A-21 0.00 0.00 0.00 0.00 0.00 0.00
1-A-22 2,621,000.00 1,162,871.88 25,585.50 191,076.61 (5,572.09) 0.00
1-A-23 50,178,000.00 50,178,000.00 0.00 0.00 0.00 0.00
1-A-24 6,023,000.00 6,023,000.00 0.00 0.00 0.00 0.00
1-A-25 41,542,000.00 40,668,154.26 41,752.85 311,816.93 0.00 0.00
1-A-26 0.00 0.00 0.00 0.00 0.00 0.00
1-A-27 27,041,000.00 27,041,000.00 0.00 0.00 0.00 0.00
1-A-28 35,000,000.00 34,631,883.38 17,588.82 131,356.13 0.00 0.00
2-A-1 105,137,000.00 103,753,739.09 0.00 1,120,276.18 0.00 0.00
2-A-2 4,324,000.00 4,267,110.23 0.00 46,073.92 0.00 0.00
3-A-1 92,989,000.00 92,277,753.16 0.00 77,154.88 0.00 0.00
3-A-2 3,373,000.00 3,347,200.87 0.00 2,798.65 0.00 0.00
3-A-R 100.00 0.00 0.00 0.00 0.00 0.00
X-PO 7,023,913.00 6,984,448.82 5,361.93 17,180.58 0.00 0.00
X-IO 0.00 0.00 0.00 0.00 0.00 0.00
X-B-1 7,535,000.00 7,521,206.30 4,659.21 0.00 0.00 0.00
X-B-2 2,021,000.00 2,017,300.32 1,249.67 0.00 0.00 0.00
X-B-3 1,287,000.00 1,284,644.00 795.81 0.00 0.00 0.00
X-B-4 735,000.00 733,654.50 454.48 0.00 0.00 0.00
X-B-5 551,000.00 549,991.33 340.71 0.00 0.00 0.00
X-B-6 735,601.00 734,254.40 454.85 0.00 0.00 0.00
B-1 2,923,000.00 2,923,000.00 0.00 0.00 0.00 0.00
B-2 687,000.00 687,000.00 0.00 0.00 0.00 0.00
B-3 344,000.00 344,000.00 0.00 0.00 0.00 0.00
B-4 229,000.00 229,000.00 0.00 0.00 0.00 0.00
B-5 172,000.00 172,000.00 0.00 0.00 0.00 0.00
B-6 172,580.00 172,580.00 0.00 0.00 0.00 0.00
Totals 482,144,194.00 472,913,844.48 222,721.30 2,827,351.47 (5,572.09) 0.00
</TABLE>
<TABLE>
<CAPTION>
Principal Distribution Statement (continued)
Class Total Ending Ending Total
Principal Certificate Certificate Principal
Reduction Balance Percentage Distribution
<s> <c> <c> <c> <c>
1-A-1 343,348.71 10,855,725.71 0.85082888 343,348.71
1-A-2 0.00 3,320,000.00 1.00000000 0.00
1-A-3 0.00 579,000.00 1.00000000 0.00
1-A-4 0.00 4,342,000.00 1.00000000 0.00
1-A-5 0.00 2,000,000.00 1.00000000 0.00
1-A-6 0.00 2,000,000.00 1.00000000 0.00
1-A-7 640.25 116,009.79 0.98313381 640.25
1-A-8 0.00 1,057,000.00 1.00000000 0.00
1-A-9 0.00 1,000,000.00 1.00000000 0.00
1-A-10 339,184.61 16,859,282.06 0.89873032 339,184.61
1-A-11 0.00 1,524,000.00 1.00000000 0.00
1-A-12 0.00 3,701,000.00 1.00000000 0.00
1-A-13 5,469.27 990,998.88 0.98313381 5,469.27
1-A-14 5,469.27 990,998.88 0.98313381 5,469.27
1-A-15 42,038.71 539,547.99 0.69619095 42,038.71
1-A-16 0.00 775,000.00 1.00000000 0.00
1-A-17 0.00 775,000.00 1.00000000 0.00
1-A-18 54,243.50 2,696,190.96 0.89873032 54,243.50
1-A-19 54,243.50 2,696,190.96 0.89873032 54,243.50
1-A-20 209,457.22 27,338,011.65 0.97635756 209,457.22
1-A-21 0.00 0.00 0.00000000 0.00
1-A-22 211,090.02 951,781.87 0.36313692 211,090.02
1-A-23 0.00 50,178,000.00 1.00000000 0.00
1-A-24 0.00 6,023,000.00 1.00000000 0.00
1-A-25 353,569.79 40,314,584.47 0.97045362 353,569.79
1-A-26 0.00 0.00 0.00000000 0.00
1-A-27 0.00 27,041,000.00 1.00000000 0.00
1-A-28 148,944.95 34,482,938.43 0.98522681 148,944.95
2-A-1 1,120,276.18 102,633,462.91 0.97618786 1,120,276.18
2-A-2 46,073.92 4,221,036.31 0.97618786 46,073.92
3-A-1 77,154.88 92,200,598.28 0.99152156 77,154.88
3-A-2 2,798.65 3,344,402.22 0.99152156 2,798.65
3-A-R 0.00 0.00 0.00000000 0.00
X-PO 22,542.51 6,961,906.31 0.99117206 22,542.51
X-IO 0.00 0.00 0.00000000 0.00
X-B-1 4,659.21 7,516,547.09 0.99755104 4,659.21
X-B-2 1,249.67 2,016,050.65 0.99755104 1,249.67
X-B-3 795.81 1,283,848.19 0.99755104 795.81
X-B-4 454.48 733,200.02 0.99755105 454.48
X-B-5 340.71 549,650.62 0.99755103 340.71
X-B-6 454.85 733,799.54 0.99755104 454.85
B-1 0.00 2,923,000.00 1.00000000 0.00
B-2 0.00 687,000.00 1.00000000 0.00
B-3 0.00 344,000.00 1.00000000 0.00
B-4 0.00 229,000.00 1.00000000 0.00
B-5 0.00 172,000.00 1.00000000 0.00
B-6 0.00 172,580.00 1.00000000 0.00
Totals 3,044,500.67 469,869,343.79 0.97454112 3,044,500.67
</TABLE>
<TABLE>
<CAPTION>
Principal Distribution Factors Statement
Class Original Beginning Scheduled UnScheduled Accretion
Face Certificate Principal Principal
Amount Balance Distribution Distribution
<s> <c> <c> <c> <c> <c>
1-A-1 12,759,000.00 877.73919743 3.17782350 23.73249157 0.00000000
1-A-2 3,320,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-3 579,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-4 4,342,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-5 2,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-6 2,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-7 118,000.00 988.55966102 0.64076271 4.78508475 0.00000000
1-A-8 1,057,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-9 1,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-10 18,759,000.00 916.81148675 2.13519484 15.94597260 0.00000000
1-A-11 1,524,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-12 3,701,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-13 1,008,000.00 988.55967262 0.64073413 4.78512897 0.00000000
1-A-14 1,008,000.00 988.55967262 0.64073413 4.78512897 0.00000000
1-A-15 775,000.00 750.43446452 6.40558710 47.83792258 0.00000000
1-A-16 775,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-17 775,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-18 3,000,000.00 916.81148667 2.13519333 15.94597333 0.00000000
1-A-19 3,000,000.00 916.81148667 2.13519333 15.94597333 0.00000000
1-A-20 28,000,000.00 983.83817393 0.88338143 6.59723357 0.00000000
1-A-21 0.00 0.00000000 0.00000000 0.00000000 0.00000000
1-A-22 2,621,000.00 443.67488745 9.76173216 72.90217856 (2.12594048)
1-A-23 50,178,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-24 6,023,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-25 41,542,000.00 978.96476482 1.00507559 7.50606446 0.00000000
1-A-26 0.00 0.00000000 0.00000000 0.00000000 0.00000000
1-A-27 27,041,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-28 35,000,000.00 989.48238229 0.50253771 3.75303229 0.00000000
2-A-1 105,137,000.00 986.84325299 0.00000000 10.65539420 0.00000000
2-A-2 4,324,000.00 986.84325393 0.00000000 10.65539315 0.00000000
3-A-1 92,989,000.00 992.35127983 0.00000000 0.82972050 0.00000000
3-A-2 3,373,000.00 992.35128076 0.00000000 0.82972132 0.00000000
3-A-R 100.00 0.00000000 0.00000000 0.00000000 0.00000000
X-PO 7,023,913.00 994.38145376 0.76338218 2.44601264 0.00000000
X-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
X-B-1 7,535,000.00 998.16938288 0.61834240 0.00000000 0.00000000
X-B-2 2,021,000.00 998.16938149 0.61834240 0.00000000 0.00000000
X-B-3 1,287,000.00 998.16938617 0.61834499 0.00000000 0.00000000
X-B-4 735,000.00 998.16938776 0.61834014 0.00000000 0.00000000
X-B-5 551,000.00 998.16938294 0.61834846 0.00000000 0.00000000
X-B-6 735,601.00 998.16938802 0.61833793 0.00000000 0.00000000
B-1 2,923,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
B-2 687,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
B-3 344,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
B-4 229,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
B-5 172,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
B-6 172,580.00 1000.00000000 0.00000000 0.00000000 0.00000000
</TABLE>
<TABLE>
<CAPTION>
Principal Distribution Factors Statement (continued)
Class Realized Total Ending Ending Total
Loss Principal Certificate Certificate Principal
Reduction Balance Percentage Distribution
<s> <c> <c> <c> <c> <c>
1-A-1 0.00000000 26.91031507 850.82888236 0.85082888 26.91031507
1-A-2 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000
1-A-3 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000
1-A-4 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000
1-A-5 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000
1-A-6 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000
1-A-7 0.00000000 5.42584746 983.13381356 0.98313381 5.42584746
1-A-8 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000
1-A-9 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000
1-A-10 0.00000000 18.08116691 898.73031931 0.89873032 18.08116691
1-A-11 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000
1-A-12 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000
1-A-13 0.00000000 5.42586310 983.13380952 0.98313381 5.42586310
1-A-14 0.00000000 5.42586310 983.13380952 0.98313381 5.42586310
1-A-15 0.00000000 54.24349677 696.19095484 0.69619095 54.24349677
1-A-16 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000
1-A-17 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000
1-A-18 0.00000000 18.08116667 898.73032000 0.89873032 18.08116667
1-A-19 0.00000000 18.08116667 898.73032000 0.89873032 18.08116667
1-A-20 0.00000000 7.48061500 976.35755893 0.97635756 7.48061500
1-A-21 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
1-A-22 0.00000000 80.53797024 363.13692102 0.36313692 80.53797024
1-A-23 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000
1-A-24 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000
1-A-25 0.00000000 8.51114029 970.45362452 0.97045362 8.51114029
1-A-26 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
1-A-27 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000
1-A-28 0.00000000 4.25557000 985.22681229 0.98522681 4.25557000
2-A-1 0.00000000 10.65539420 976.18785879 0.97618786 10.65539420
2-A-2 0.00000000 10.65539315 976.18786078 0.97618786 10.65539315
3-A-1 0.00000000 0.82972050 991.52155932 0.99152156 0.82972050
3-A-2 0.00000000 0.82972132 991.52155944 0.99152156 0.82972132
3-A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
X-PO 0.00000000 3.20939482 991.17205894 0.99117206 3.20939482
X-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
X-B-1 0.00000000 0.61834240 997.55104048 0.99755104 0.61834240
X-B-2 0.00000000 0.61834240 997.55103909 0.99755104 0.61834240
X-B-3 0.00000000 0.61834499 997.55104118 0.99755104 0.61834499
X-B-4 0.00000000 0.61834014 997.55104762 0.99755105 0.61834014
X-B-5 0.00000000 0.61834846 997.55103448 0.99755103 0.61834846
X-B-6 0.00000000 0.61833793 997.55103650 0.99755104 0.61833793
B-1 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000
B-2 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000
B-3 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000
B-4 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000
B-5 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000
B-6 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000
<FN>
NOTE: All classes are per 1,000 dollar denomination.
</FN>
</TABLE>
<TABLE>
<CAPTION>
Interest Distribution Statement
Class Accrual Accrual Current Beginning Current Payment of
Dates Days Certificate Certificate/ Accrued Unpaid Interest
Rate Notional Interest Shortfall (1)
Balance
<s> <c> <c> <c> <c> <c> <c>
1-A-1 04/01/06 - 04/30/06 30 5.75000% 11,199,074.42 53,662.23 0.00
1-A-2 04/01/06 - 04/30/06 30 5.75000% 3,320,000.00 15,908.33 0.00
1-A-3 04/01/06 - 04/30/06 30 5.75000% 579,000.00 2,774.38 0.00
1-A-4 04/01/06 - 04/30/06 30 5.75000% 4,342,000.00 20,805.42 0.00
1-A-5 04/01/06 - 04/30/06 30 5.50000% 2,000,000.00 9,166.67 0.00
1-A-6 04/01/06 - 04/30/06 30 6.00000% 2,000,000.00 10,000.00 0.00
1-A-7 04/01/06 - 04/30/06 30 5.75000% 116,650.04 558.95 0.00
1-A-8 04/01/06 - 04/30/06 30 5.75000% 1,057,000.00 5,064.79 0.00
1-A-9 04/01/06 - 04/30/06 30 5.75000% 1,000,000.00 4,791.67 0.00
1-A-10 04/01/06 - 04/30/06 30 5.75000% 17,198,466.68 82,409.32 0.00
1-A-11 04/01/06 - 04/30/06 30 5.75000% 1,524,000.00 7,302.50 0.00
1-A-12 04/01/06 - 04/30/06 30 5.75000% 3,701,000.00 17,733.96 0.00
1-A-13 04/01/06 - 04/30/06 30 5.25000% 996,468.15 4,359.55 0.00
1-A-14 04/01/06 - 04/30/06 30 6.25000% 996,468.15 5,189.94 0.00
1-A-15 04/01/06 - 04/30/06 30 5.75000% 581,586.71 2,786.77 0.00
1-A-16 04/01/06 - 04/30/06 30 5.75000% 775,000.00 3,713.54 0.00
1-A-17 04/01/06 - 04/30/06 30 5.75000% 775,000.00 3,713.54 0.00
1-A-18 04/01/06 - 04/30/06 30 5.50000% 2,750,434.46 12,606.16 0.00
1-A-19 04/01/06 - 04/30/06 30 6.00000% 2,750,434.46 13,752.17 0.00
1-A-20 04/25/06 - 05/24/06 30 5.85938% 27,547,468.87 134,509.24 2,510.95
1-A-21 N/A N/A 0.00000% 27,547,468.87 0.00 0.00
1-A-22 04/01/06 - 04/30/06 30 5.75000% 1,162,871.88 5,572.09 0.00
1-A-23 04/01/06 - 04/30/06 30 5.75000% 50,178,000.00 240,436.25 0.00
1-A-24 04/01/06 - 04/30/06 30 5.75000% 6,023,000.00 28,860.21 0.00
1-A-25 04/01/06 - 04/30/06 30 5.75000% 40,668,154.26 194,868.24 0.00
1-A-26 04/01/06 - 04/30/06 30 5.75000% 3,886,015.88 18,620.49 0.00
1-A-27 04/01/06 - 04/30/06 30 5.50000% 27,041,000.00 123,937.92 0.00
1-A-28 04/01/06 - 04/30/06 30 5.30000% 34,631,883.38 152,957.48 0.00
2-A-1 04/01/06 - 04/30/06 30 5.50000% 103,753,739.09 475,537.97 0.00
2-A-2 04/01/06 - 04/30/06 30 5.50000% 4,267,110.23 19,557.59 0.00
3-A-1 04/01/06 - 04/30/06 30 5.50000% 92,277,753.16 422,939.70 0.00
3-A-2 04/01/06 - 04/30/06 30 5.50000% 3,347,200.87 15,341.34 0.00
3-A-R N/A N/A 5.50000% 0.00 0.00 0.00
X-PO N/A N/A 0.00000% 6,984,448.82 0.00 0.00
X-IO 04/01/06 - 04/30/06 30 5.50000% 9,137,103.35 41,878.39 0.00
X-B-1 04/01/06 - 04/30/06 30 5.68170% 7,521,206.30 35,611.05 0.00
X-B-2 04/01/06 - 04/30/06 30 5.68170% 2,017,300.32 9,551.42 0.00
X-B-3 04/01/06 - 04/30/06 30 5.68170% 1,284,644.00 6,082.47 0.00
X-B-4 04/01/06 - 04/30/06 30 5.68170% 733,654.50 3,473.67 0.00
X-B-5 04/01/06 - 04/30/06 30 5.68170% 549,991.33 2,604.07 0.00
X-B-6 04/01/06 - 04/30/06 30 5.68170% 734,254.40 3,476.51 0.00
B-1 04/01/06 - 04/30/06 30 5.50000% 2,923,000.00 13,397.08 0.00
B-2 04/01/06 - 04/30/06 30 5.50000% 687,000.00 3,148.75 0.00
B-3 04/01/06 - 04/30/06 30 5.50000% 344,000.00 1,576.67 0.00
B-4 04/01/06 - 04/30/06 30 5.50000% 229,000.00 1,049.58 0.00
B-5 04/01/06 - 04/30/06 30 5.50000% 172,000.00 788.33 0.00
B-6 04/01/06 - 04/30/06 30 5.50000% 172,580.00 790.99 0.00
Totals 2,232,867.39 2,510.95
</TABLE>
<TABLE>
<CAPTION>
Interest Distribution Statement (continued)
Class Current Non-Supported Total Remaining Ending
Interest Interest Interest Unpaid Interest Certificate/
Shortfall(1) Shortfall Distribution Shortfall(1) Notional
Balance
<s> <c> <c> <c> <c> <c>
1-A-1 0.00 0.00 53,662.23 0.00 10,855,725.71
1-A-2 0.00 0.00 15,908.33 0.00 3,320,000.00
1-A-3 0.00 0.00 2,774.38 0.00 579,000.00
1-A-4 0.00 0.00 20,805.42 0.00 4,342,000.00
1-A-5 0.00 0.00 9,166.67 0.00 2,000,000.00
1-A-6 0.00 0.00 10,000.00 0.00 2,000,000.00
1-A-7 0.00 0.00 558.95 0.00 116,009.79
1-A-8 0.00 0.00 5,064.79 0.00 1,057,000.00
1-A-9 0.00 0.00 4,791.67 0.00 1,000,000.00
1-A-10 0.00 0.00 82,409.32 0.00 16,859,282.06
1-A-11 0.00 0.00 7,302.50 0.00 1,524,000.00
1-A-12 0.00 0.00 17,733.96 0.00 3,701,000.00
1-A-13 0.00 0.00 4,359.55 0.00 990,998.88
1-A-14 0.00 0.00 5,189.94 0.00 990,998.88
1-A-15 0.00 0.00 2,786.77 0.00 539,547.99
1-A-16 0.00 0.00 3,713.54 0.00 775,000.00
1-A-17 0.00 0.00 3,713.54 0.00 775,000.00
1-A-18 0.00 0.00 12,606.16 0.00 2,696,190.96
1-A-19 0.00 0.00 13,752.17 0.00 2,696,190.96
1-A-20 2,510.95 0.00 134,509.24 0.00 27,338,011.65
1-A-21 0.00 0.00 0.00 0.00 27,338,011.65
1-A-22 0.00 0.00 5,572.09 0.00 951,781.87
1-A-23 0.00 0.00 240,436.25 0.00 50,178,000.00
1-A-24 0.00 0.00 28,860.21 0.00 6,023,000.00
1-A-25 0.00 0.00 194,868.24 0.00 40,314,584.47
1-A-26 0.00 0.00 18,620.49 0.00 3,874,359.32
1-A-27 0.00 0.00 123,937.92 0.00 27,041,000.00
1-A-28 0.00 0.00 152,957.48 0.00 34,482,938.43
2-A-1 0.00 0.00 475,537.97 0.00 102,633,462.91
2-A-2 0.00 0.00 19,557.59 0.00 4,221,036.31
3-A-1 0.00 0.00 422,939.70 0.00 92,200,598.28
3-A-2 0.00 0.00 15,341.34 0.00 3,344,402.22
3-A-R 0.00 0.00 0.24 0.00 0.00
X-PO 0.00 0.00 0.00 0.00 6,961,906.31
X-IO 0.00 0.00 41,878.39 0.00 8,974,156.34
X-B-1 0.00 0.00 35,611.05 0.00 7,516,547.09
X-B-2 0.00 0.00 9,551.42 0.00 2,016,050.65
X-B-3 0.00 0.00 6,082.47 0.00 1,283,848.19
X-B-4 0.00 0.00 3,473.67 0.00 733,200.02
X-B-5 0.00 0.00 2,604.07 0.00 549,650.62
X-B-6 0.00 0.00 3,476.51 0.00 733,799.54
B-1 0.00 0.00 13,397.08 0.00 2,923,000.00
B-2 0.00 0.00 3,148.75 0.00 687,000.00
B-3 0.00 0.00 1,576.67 0.00 344,000.00
B-4 0.00 0.00 1,049.58 0.00 229,000.00
B-5 0.00 0.00 788.33 0.00 172,000.00
B-6 0.00 0.00 790.99 0.00 172,580.00
Totals 2,510.95 0.00 2,232,867.63 0.00
<FN>
(1) Amount also includes Coupon Cap or Basis Risk Shortfalls,if applicable.
</FN>
</TABLE>
<TABLE>
<CAPTION>
Interest Distribution Factors Statement
Class Original Current Beginning Current Payment of
Face Certificate Certificate/ Accrued Unpaid Interest
Amount Rate Notional Interest Shortfall (1)
Balance
<s> <c> <c> <c> <c> <c>
1-A-1 12,759,000.00 5.75000% 877.73919743 4.20583353 0.00000000
1-A-2 3,320,000.00 5.75000% 1000.00000000 4.79166566 0.00000000
1-A-3 579,000.00 5.75000% 1000.00000000 4.79167530 0.00000000
1-A-4 4,342,000.00 5.75000% 1000.00000000 4.79166743 0.00000000
1-A-5 2,000,000.00 5.50000% 1000.00000000 4.58333500 0.00000000
1-A-6 2,000,000.00 6.00000% 1000.00000000 5.00000000 0.00000000
1-A-7 118,000.00 5.75000% 988.55966102 4.73686441 0.00000000
1-A-8 1,057,000.00 5.75000% 1000.00000000 4.79166509 0.00000000
1-A-9 1,000,000.00 5.75000% 1000.00000000 4.79167000 0.00000000
1-A-10 18,759,000.00 5.75000% 916.81148675 4.39305507 0.00000000
1-A-11 1,524,000.00 5.75000% 1000.00000000 4.79166667 0.00000000
1-A-12 3,701,000.00 5.75000% 1000.00000000 4.79166712 0.00000000
1-A-13 1,008,000.00 5.25000% 988.55967262 4.32495040 0.00000000
1-A-14 1,008,000.00 6.25000% 988.55967262 5.14875000 0.00000000
1-A-15 775,000.00 5.75000% 750.43446452 3.59583226 0.00000000
1-A-16 775,000.00 5.75000% 1000.00000000 4.79166452 0.00000000
1-A-17 775,000.00 5.75000% 1000.00000000 4.79166452 0.00000000
1-A-18 3,000,000.00 5.50000% 916.81148667 4.20205333 0.00000000
1-A-19 3,000,000.00 6.00000% 916.81148667 4.58405667 0.00000000
1-A-20 28,000,000.00 5.85938% 983.83817393 4.80390143 0.08967679
1-A-21 0.00 0.00000% 983.83817393 0.00000000 0.00000000
1-A-22 2,621,000.00 5.75000% 443.67488745 2.12594048 0.00000000
1-A-23 50,178,000.00 5.75000% 1000.00000000 4.79166667 0.00000000
1-A-24 6,023,000.00 5.75000% 1000.00000000 4.79166694 0.00000000
1-A-25 41,542,000.00 5.75000% 978.96476482 4.69087285 0.00000000
1-A-26 0.00 5.75000% 992.64101971 4.75640418 0.00000000
1-A-27 27,041,000.00 5.50000% 1000.00000000 4.58333346 0.00000000
1-A-28 35,000,000.00 5.30000% 989.48238229 4.37021371 0.00000000
2-A-1 105,137,000.00 5.50000% 986.84325299 4.52303157 0.00000000
2-A-2 4,324,000.00 5.50000% 986.84325393 4.52303191 0.00000000
3-A-1 92,989,000.00 5.50000% 992.35127983 4.54827668 0.00000000
3-A-2 3,373,000.00 5.50000% 992.35128076 4.54827750 0.00000000
3-A-R 100.00 5.50000% 0.00000000 0.00000000 0.00000000
X-PO 7,023,913.00 0.00000% 994.38145376 0.00000000 0.00000000
X-IO 0.00 5.50000% 948.27645802 4.34626706 0.00000000
X-B-1 7,535,000.00 5.68170% 998.16938288 4.72608494 0.00000000
X-B-2 2,021,000.00 5.68170% 998.16938149 4.72608610 0.00000000
X-B-3 1,287,000.00 5.68170% 998.16938617 4.72608392 0.00000000
X-B-4 735,000.00 5.68170% 998.16938776 4.72608163 0.00000000
X-B-5 551,000.00 5.68170% 998.16938294 4.72607985 0.00000000
X-B-6 735,601.00 5.68170% 998.16938802 4.72608112 0.00000000
B-1 2,923,000.00 5.50000% 1000.00000000 4.58333219 0.00000000
B-2 687,000.00 5.50000% 1000.00000000 4.58333333 0.00000000
B-3 344,000.00 5.50000% 1000.00000000 4.58334302 0.00000000
B-4 229,000.00 5.50000% 1000.00000000 4.58331878 0.00000000
B-5 172,000.00 5.50000% 1000.00000000 4.58331395 0.00000000
B-6 172,580.00 5.50000% 1000.00000000 4.58332368 0.00000000
</TABLE>
<TABLE>
<CAPTION>
Interest Distribution Factors Statement (continued)
Class Current Non-Supported Total Remaining Unpaid Ending
Interest Interest Interest Interest Certificate/
Shortfall(1) Shortfall Distribution Shortfall(1) Notional
Balance
<s> <c> <c> <c> <c> <c>
1-A-1 0.00000000 0.00000000 4.20583353 0.00000000 850.82888236
1-A-2 0.00000000 0.00000000 4.79166566 0.00000000 1000.00000000
1-A-3 0.00000000 0.00000000 4.79167530 0.00000000 1000.00000000
1-A-4 0.00000000 0.00000000 4.79166743 0.00000000 1000.00000000
1-A-5 0.00000000 0.00000000 4.58333500 0.00000000 1000.00000000
1-A-6 0.00000000 0.00000000 5.00000000 0.00000000 1000.00000000
1-A-7 0.00000000 0.00000000 4.73686441 0.00000000 983.13381356
1-A-8 0.00000000 0.00000000 4.79166509 0.00000000 1000.00000000
1-A-9 0.00000000 0.00000000 4.79167000 0.00000000 1000.00000000
1-A-10 0.00000000 0.00000000 4.39305507 0.00000000 898.73031931
1-A-11 0.00000000 0.00000000 4.79166667 0.00000000 1000.00000000
1-A-12 0.00000000 0.00000000 4.79166712 0.00000000 1000.00000000
1-A-13 0.00000000 0.00000000 4.32495040 0.00000000 983.13380952
1-A-14 0.00000000 0.00000000 5.14875000 0.00000000 983.13380952
1-A-15 0.00000000 0.00000000 3.59583226 0.00000000 696.19095484
1-A-16 0.00000000 0.00000000 4.79166452 0.00000000 1000.00000000
1-A-17 0.00000000 0.00000000 4.79166452 0.00000000 1000.00000000
1-A-18 0.00000000 0.00000000 4.20205333 0.00000000 898.73032000
1-A-19 0.00000000 0.00000000 4.58405667 0.00000000 898.73032000
1-A-20 0.08967679 0.00000000 4.80390143 0.00000000 976.35755893
1-A-21 0.00000000 0.00000000 0.00000000 0.00000000 976.35755893
1-A-22 0.00000000 0.00000000 2.12594048 0.00000000 363.13692102
1-A-23 0.00000000 0.00000000 4.79166667 0.00000000 1000.00000000
1-A-24 0.00000000 0.00000000 4.79166694 0.00000000 1000.00000000
1-A-25 0.00000000 0.00000000 4.69087285 0.00000000 970.45362452
1-A-26 0.00000000 0.00000000 4.75640418 0.00000000 989.66347666
1-A-27 0.00000000 0.00000000 4.58333346 0.00000000 1000.00000000
1-A-28 0.00000000 0.00000000 4.37021371 0.00000000 985.22681229
2-A-1 0.00000000 0.00000000 4.52303157 0.00000000 976.18785879
2-A-2 0.00000000 0.00000000 4.52303191 0.00000000 976.18786078
3-A-1 0.00000000 0.00000000 4.54827668 0.00000000 991.52155932
3-A-2 0.00000000 0.00000000 4.54827750 0.00000000 991.52155944
3-A-R 0.00000000 0.00000000 2.40000000 0.00000000 0.00000000
X-PO 0.00000000 0.00000000 0.00000000 0.00000000 991.17205894
X-IO 0.00000000 0.00000000 4.34626706 0.00000000 931.36532026
X-B-1 0.00000000 0.00000000 4.72608494 0.00000000 997.55104048
X-B-2 0.00000000 0.00000000 4.72608610 0.00000000 997.55103909
X-B-3 0.00000000 0.00000000 4.72608392 0.00000000 997.55104118
X-B-4 0.00000000 0.00000000 4.72608163 0.00000000 997.55104762
X-B-5 0.00000000 0.00000000 4.72607985 0.00000000 997.55103448
X-B-6 0.00000000 0.00000000 4.72608112 0.00000000 997.55103650
B-1 0.00000000 0.00000000 4.58333219 0.00000000 1000.00000000
B-2 0.00000000 0.00000000 4.58333333 0.00000000 1000.00000000
B-3 0.00000000 0.00000000 4.58334302 0.00000000 1000.00000000
B-4 0.00000000 0.00000000 4.58331878 0.00000000 1000.00000000
B-5 0.00000000 0.00000000 4.58331395 0.00000000 1000.00000000
B-6 0.00000000 0.00000000 4.58332368 0.00000000 1000.00000000
<FN>
(1) Amount also includes Coupon Cap or Basis Risk Shortfalls,if applicable.
NOTE: All classes are per 1,000 dollar denomination.
</FN>
</TABLE>
<TABLE>
<CAPTION>
Certificateholder Component Statement
Component Beginning Ending Beginning Ending Ending
Pass-Through Notional Notional Component Component Component
Class Rate Balance Balance Balance Balance Percentage
<s> <c> <c> <c> <c> <c> <c>
1-X-IO 5.50000% 3,065,811.36 2,925,558.79 0.00 0.00 83.96919979%
2-X-IO 5.50000% 3,175,226.55 3,155,674.44 0.00 0.00 97.48293062%
3-X-IO 5.50000% 2,896,065.43 2,892,923.11 0.00 0.00 99.26841557%
1-X-PO 0.00000% 0.00 0.00 6,028,460.11 6,006,174.78 98.99553247%
2-X-PO 0.00000% 0.00 0.00 614,644.83 614,526.97 99.92893405%
3-X-PO 0.00000% 0.00 0.00 341,343.88 341,204.56 99.81644785%
</TABLE>
<TABLE>
<CAPTION>
Certificateholder Account Statement
CERTIFICATE ACCOUNT
<s> <c>
Beginning Balance 0.00
Deposits
Payments of Interest and Principal 5,361,252.34
Reserve Funds and Credit Enhancements 0.00
Proceeds from Repurchased Loans 0.00
Servicer Advances 18,777.63
Gains & Subsequent Recoveries (Realized Losses) 0.00
Prepayment Penalties 0.00
Total Deposits 5,380,029.97
Withdrawals
Reserve Funds and Credit Enhancements 0.00
Reimbursement for Servicer Advances 0.00
Total Administration Fees 102,661.67
Payment of Interest and Principal 5,277,368.30
Total Withdrawals (Pool Distribution Amount) 5,380,029.97
Ending Balance 0.00
<FN>
Servicer Advances are calculated as delinquent scheduled principal and interest.
</FN>
</TABLE>
<TABLE>
<CAPTION>
PREPAYMENT/CURTAILMENT INTEREST SHORTFALL
<s> <c>
Total Prepayment/Curtailment Interest Shortfall 0.00
Servicing Fee Support 0.00
Non-Supported Prepayment/Curtailment Interest Shortfall 0.00
</TABLE>
<TABLE>
<CAPTION>
ADMINISTRATION FEES
<s> <c>
Gross Servicing Fee* 102,661.67
Supported Prepayment/Curtailment Interest Shortfall 0.00
Total Administration Fees 102,661.67
<FN>
*Servicer Payees include: BANK OF AMERICA (NY); GMAC MTG CORP; NATIONAL CITY MTG CO; PHH US MTG
CORP; RESIDENTIAL FUNDING CORP; SUN TRUST MTG INC; WASHINGTON MUTUAL BANK, F.A.; WELLS FARGO BANK
, N.A.
</FN>
</TABLE>
<TABLE>
<CAPTION>
Reserve and Guaranty Funds
Account Name Beginning Current Current Ending
Balance Withdrawals Deposits Balance
<s> <c> <c> <c> <c>
Class 1-A-20 Reserve Fund 0.00 2,510.95 2,512.98 2.02
</TABLE>
<TABLE>
<CAPTION>
COLLATERAL STATEMENT
<S> <C>
Collateral Description Mixed Fixed
Weighted Average Gross Coupon 5.919941%
Weighted Average Net Coupon 5.659441%
Weighted Average Pass-Through Rate 5.659441%
Weighted Average Remaining Term 353
Beginning Scheduled Collateral Loan Count 891
Number Of Loans Paid In Full 5
Ending Scheduled Collateral Loan Count 886
Beginning Scheduled Collateral Balance 472,913,846.04
Ending Scheduled Collateral Balance 469,869,345.37
Ending Actual Collateral Balance at 30-Apr-2006 470,046,406.32
Monthly P&I Constant 2,555,081.58
Special Servicing Fee 0.00
Prepayment Penalty Waived Amount 0.00
Prepayment Penalty Waived Count 0
Prepayment Penalty Paid Amount 0.00
Prepayment Penalty Paid Count 0
Realized Loss Amount 0.00
Cumulative Realized Loss 0.00
Scheduled Principal 222,063.31
Unscheduled Principal 2,822,437.36
</TABLE>
<TABLE>
<CAPTION>
Group Level Collateral Statement
<s> <c> <c>
Group 1 2
Collateral Description Fixed 30 Year Fixed 30 Year
Weighted Average Coupon Rate 5.935944 5.908350
Weighted Average Net Rate 5.681605 5.624451
Pass-Through Rate 5.681605 5.624451
Weighted Average Remaining Term 353 354
Record Date 04/30/2006 04/30/2006
Principal And Interest Constant 1,509,551.86 557,172.58
Beginning Loan Count 432 230
Loans Paid in Full 3 2
Ending Loan Count 429 228
Beginning Scheduled Balance 260,276,415.32 113,163,074.53
Ending Scheduled Balance 258,478,475.46 111,996,606.57
Scheduled Principal 222,063.31 0.00
Unscheduled Principal 1,575,876.55 1,166,467.96
Scheduled Interest 1,287,488.55 557,172.58
Servicing Fees 55,165.40 26,772.45
Master Servicing Fees 0.00 0.00
Trustee Fee 0.00 0.00
FRY Amount 0.00 0.00
Special Hazard Fee 0.00 0.00
Other Fee 0.00 0.00
Pool Insurance Fee 0.00 0.00
Spread 1 0.00 0.00
Spread 2 0.00 0.00
Spread 3 0.00 0.00
Net Interest 1,232,323.15 530,400.13
Realized Loss Amount 0.00 0.00
Cumulative Realized Loss 0.00 0.00
Percentage of Cumulative Losses 0.0000 0.0000
Prepayment Penalty Waived Amount 0.00 0.00
Prepayment Penalty Waived Count 0 0
Prepayment Penalty Paid Amount 0.00 0.00
Prepayment Penalty Paid Count 0 0
Special Servicing Fee 0.00 0.00
</TABLE>
<TABLE>
<CAPTION>
Group Level Collateral Statement
<s> <c> <c>
Group 3 Total
Collateral Description Fixed 30 Year Mixed Fixed
Weighted Average Coupon Rate 5.891253 5.919941
Weighted Average Net Rate 5.641253 5.659441
Pass-Through Rate 5.641253 5.659441
Weighted Average Remaining Term 354 353
Record Date 04/30/2006 04/30/2006
Principal And Interest Constant 488,357.14 2,555,081.58
Beginning Loan Count 229 891
Loans Paid in Full 0 5
Ending Loan Count 229 886
Beginning Scheduled Balance 99,474,356.19 472,913,846.04
Ending Scheduled Balance 99,394,263.34 469,869,345.37
Scheduled Principal 0.00 222,063.31
Unscheduled Principal 80,092.85 2,822,437.36
Scheduled Interest 488,357.14 2,333,018.27
Servicing Fees 20,723.82 102,661.67
Master Servicing Fees 0.00 0.00
Trustee Fee 0.00 0.00
FRY Amount 0.00 0.00
Special Hazard Fee 0.00 0.00
Other Fee 0.00 0.00
Pool Insurance Fee 0.00 0.00
Spread 1 0.00 0.00
Spread 2 0.00 0.00
Spread 3 0.00 0.00
Net Interest 467,633.32 2,230,356.60
Realized Loss Amount 0.00 0.00
Cumulative Realized Loss 0.00 0.00
Percentage of Cumulative Losses 0.0000 0.0000
Prepayment Penalty Waived Amount 0.00 0.00
Prepayment Penalty Waived Count 0 0
Prepayment Penalty Paid Amount 0.00 0.00
Prepayment Penalty Paid Count 0 0
Special Servicing Fee 0.00 0.00
</TABLE>
<TABLE>
<CAPTION>
Additional Reporting - Deal Level
Miscellaneous Reporting
<s> <c>
1A20 Yield Maintenance Amount 2,512.98
Aggregate Subordinate % 3.727739%
Non PO Recovery 0.00
PO Recovery 0.00
Aggregate Senior Prepayment % 100.000000%
Aggregate Senior % 96.272261%
Aggregate Subordinate Prepayment % 0.000000%
<CAPTION>
Trigger Event Reporting
<s> <c>
Group 1 & 3 Delinquency Trigger
Trigger Result Pass
Threshold Value 0.500000%
Calculated Value 0.014736%
Group 1 & 3 Cumm Loss Trigger
Trigger Result Pass
Threshold Value 30.000000%
Calculated Value 0.000000%
Group 1 & 3 Senior Stepdown Trigger
Trigger Result Pass
Group 2 Delinquency Trigger
Trigger Result Pass
Threshold Value 0.500000%
Calculated Value 0.000000%
Group 2 Cumm Loss Trigger
Trigger Result Pass
Threshold Value 30.000000%
Calculated Value 0.000000%
Group 2 Senior Stepdown Trigger
Trigger Result Pass
</TABLE>
<TABLE>
<CAPTION>
Additional Reporting - Group Level
Miscellaneous Reporting
<s> <c>
1
CPR % 7.034226%
Subordinate Prepayment % 0.000000%
Subordinate % 3.670823%
Group 1 PO Deferred Amount 0.00
Group 1 PO Recovery Amount 0.00
Group 1 Non-PO Recovery Amount 0.00
Senior Prepayment % 100.000000%
Senior Percentage 96.329177%
2
CPR % 11.691703%
Subordinate Prepayment % 0.000000%
Subordinate % 4.022784%
Group 2 PO Deferred Amount 0.00
Group 2 PO Recovery Amount 0.00
Group 2 Non-PO Recovery Amount 0.00
Senior Prepayment % 100.000000%
Senior Percentage 95.977216%
3
CPR % 0.961926%
Subordinate Prepayment % 0.000000%
Subordinate % 3.538738%
Group 3 PO Deferred Amount 0.00
Group 3 PO Recovery Amount 0.00
Group 3 Non-PO Recovery Amount 0.00
Senior Prepayment % 100.000000%
Senior Percentage 96.461262%
</TABLE>
<TABLE>
<CAPTION>
Loan Status Stratification/Credit Enhancement Statement
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s> <c> <c> <c> <c> <c>
No. of Loans No. of Loans No. of Loans No. of Loans No. of Loans
Actual Balance Actual Balance Actual Balance Actual Balance Actual Balance
0-29 Days 0 0 0 0
0.00 0.00 0.00 0.00
30 Days 7 0 0 0 7
2,818,363.28 0.00 0.00 0.00 2,818,363.28
60 Days 2 0 0 0 2
758,106.87 0.00 0.00 0.00 758,106.87
90 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
120 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
150 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
180+ Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
Totals 9 0 0 0 9
3,576,470.15 0.00 0.00 0.00 3,576,470.15
No. of Loans No. of Loans No. of Loans No. of Loans No. of Loans
Actual Balance Actual Balance Actual Balance Actual Balance Actual Balance
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.790068% 0.000000% 0.000000% 0.000000% 0.790068%
0.599593% 0.000000% 0.000000% 0.000000% 0.599593%
60 Days 0.225734% 0.000000% 0.000000% 0.000000% 0.225734%
0.161283% 0.000000% 0.000000% 0.000000% 0.161283%
90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
Totals 1.015801% 0.000000% 0.000000% 0.000000% 1.015801%
0.760876% 0.000000% 0.000000% 0.000000% 0.760876%
</TABLE>
<TABLE>
<CAPTION>
<s> <c>
Current Period Class A Insufficient Funds 0.00
Principal Balance of Contaminated Properties 0.00
Periodic Advance 18,777.63
</TABLE>
<TABLE>
<CAPTION>
Delinquency Status By Group
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s> <c> <c> <c> <c> <c>
1 No. of Loans No. of Loans No. of Loans No. of Loans No. of Loans
Actual Balance Actual Balance Actual Balance Actual Balance Actual Balance
0-29 Days 0 0 0 0
0.00 0.00 0.00 0.00
30 Days 3 0 0 0 3
1,014,511.34 0.00 0.00 0.00 1,014,511.34
60 Days 2 0 0 0 2
758,106.87 0.00 0.00 0.00 758,106.87
90 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
120 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
150 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
180+ Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
Totals 5 0 0 0 5
1,772,618.21 0.00 0.00 0.00 1,772,618.21
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.699301% 0.000000% 0.000000% 0.000000% 0.699301%
0.392225% 0.000000% 0.000000% 0.000000% 0.392225%
60 Days 0.466200% 0.000000% 0.000000% 0.000000% 0.466200%
0.293095% 0.000000% 0.000000% 0.000000% 0.293095%
90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
Totals 1.165501% 0.000000% 0.000000% 0.000000% 1.165501%
0.685320% 0.000000% 0.000000% 0.000000% 0.685320%
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<CAPTION>
<s> <c> <c> <c> <c> <c>
2 No. of Loans No. of Loans No. of Loans No. of Loans No. of Loans
Actual Balance Actual Balance Actual Balance Actual Balance Actual Balance
0-29 Days 0 0 0 0
0.00 0.00 0.00 0.00
30 Days 4 0 0 0 4
1,803,851.94 0.00 0.00 0.00 1,803,851.94
60 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
90 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
120 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
150 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
180+ Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
Totals 4 0 0 0 4
1,803,851.94 0.00 0.00 0.00 1,803,851.94
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 1.754386% 0.000000% 0.000000% 0.000000% 1.754386%
1.610631% 0.000000% 0.000000% 0.000000% 1.610631%
60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
Totals 1.754386% 0.000000% 0.000000% 0.000000% 1.754386%
1.610631% 0.000000% 0.000000% 0.000000% 1.610631%
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<CAPTION>
<s> <c> <c> <c> <c> <c>
3 No. of Loans No. of Loans No. of Loans No. of Loans No. of Loans
Actual Balance Actual Balance Actual Balance Actual Balance Actual Balance
0-29 Days 0 0 0 0
0.00 0.00 0.00 0.00
30 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
60 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
90 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
120 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
150 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
180+ Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
Totals 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
Totals 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
</TABLE>
<TABLE>
REO Detail - All Mortgage Loans in REO during Current Period
<CAPTION>
Summary 12 Month REO History*
New REO Loans Month REO Percentage
<s> <c> <s> <c>
Loans in REO 0 Jun-05 0.000%
Original Principal Balance 0.00 Jul-05 0.000%
Current Actual Balance 0.00 Aug-05 0.000%
Sep-05 0.000%
Current REO Total Oct-05 0.000%
Loans in REO 0 Nov-05 0.000%
Original Principal Balance 0.00 Dec-05 0.000%
Current Actual Balance 0.00 Jan-06 0.000%
Feb-06 0.000%
Mar-06 0.000%
Apr-06 0.000%
May-06 0.000%
*The text reported in the above table is presented graphically
on the monthly bond remittance report. The monthly bond
remittance report can be viewed online at www.ctslink.com.
<CAPTION>
1 12 Month REO History*
New REO Loans Month REO Percentage
<s> <c> <s> <c>
Loans in REO 0 Jun-05 0.000%
Original Principal Balance 0.00 Jul-05 0.000%
Current Actual Balance 0.00 Aug-05 0.000%
Sep-05 0.000%
Current REO Total Oct-05 0.000%
Loans in REO 0 Nov-05 0.000%
Original Principal Balance 0.00 Dec-05 0.000%
Current Actual Balance 0.00 Jan-06 0.000%
Feb-06 0.000%
Mar-06 0.000%
Apr-06 0.000%
May-06 0.000%
*The text reported in the above table is presented graphically
on the monthly bond remittance report. The monthly bond
remittance report can be viewed online at www.ctslink.com.
<CAPTION>
2 12 Month REO History*
New REO Loans Month REO Percentage
<s> <c> <s> <c>
Loans in REO 0 Jun-05 0.000%
Original Principal Balance 0.00 Jul-05 0.000%
Current Actual Balance 0.00 Aug-05 0.000%
Sep-05 0.000%
Current REO Total Oct-05 0.000%
Loans in REO 0 Nov-05 0.000%
Original Principal Balance 0.00 Dec-05 0.000%
Current Actual Balance 0.00 Jan-06 0.000%
Feb-06 0.000%
Mar-06 0.000%
Apr-06 0.000%
May-06 0.000%
*The text reported in the above table is presented graphically
on the monthly bond remittance report. The monthly bond
remittance report can be viewed online at www.ctslink.com.
<CAPTION>
3 12 Month REO History*
New REO Loans Month REO Percentage
<s> <c> <s> <c>
Loans in REO 0 Jun-05 0.000%
Original Principal Balance 0.00 Jul-05 0.000%
Current Actual Balance 0.00 Aug-05 0.000%
Sep-05 0.000%
Current REO Total Oct-05 0.000%
Loans in REO 0 Nov-05 0.000%
Original Principal Balance 0.00 Dec-05 0.000%
Current Actual Balance 0.00 Jan-06 0.000%
Feb-06 0.000%
Mar-06 0.000%
Apr-06 0.000%
May-06 0.000%
*The text reported in the above table is presented graphically
on the monthly bond remittance report. The monthly bond
remittance report can be viewed online at www.ctslink.com.
</TABLE>
<TABLE>
<CAPTION>
REO Loan Detail - All Mortgage Loans in REO during Current Period
Month
Loan First Original
Loan Entered Payment LTV at Principal
Group Number REO Date State Origination Balance
<s> <c> <c> <c> <c> <c> <c>
No REO Loans this Period
</TABLE>
<TABLE>
<CAPTION>
REO Loan Detail - All Mortgage Loans in REO during Current Period (continued)
Current Paid Current Approximate
Loan Actual To Months Loan Delinquent
Group Number Balance Date Delinquent Rate Interest
<s> <c> <c> <c> <c> <c> <c>
No REO Loans this Period
</TABLE>
<TABLE>
Foreclosure Detail - All Mortgage Loans in Foreclosure during Current Period
<CAPTION>
Summary 12 Month Foreclosure History*
New Foreclosure Loans Month Foreclosure Percentage
<s> <c> <s> <c>
Loans in Foreclosure 0 Jun-05 0.000%
Original Principal Balance 0.00 Jul-05 0.000%
Current Actual Balance 0.00 Aug-05 0.000%
Sep-05 0.000%
Current Foreclosure Total Oct-05 0.000%
Loans in Foreclosure 0 Nov-05 0.000%
Original Principal Balance 0.00 Dec-05 0.000%
Current Actual Balance 0.00 Jan-06 0.000%
Feb-06 0.000%
Mar-06 0.000%
Apr-06 0.000%
May-06 0.000%
*The text reported in the above table is presented graphically
on the monthly bond remittance report. The monthly bond
remittance report can be viewed online at www.ctslink.com.
<CAPTION>
1 12 Month Foreclosure History*
New Foreclosure Loans Month Foreclosure Percentage
<s> <c> <s> <c>
Loans in Foreclosure 0 Jun-05 0.000%
Original Principal Balance 0.00 Jul-05 0.000%
Current Actual Balance 0.00 Aug-05 0.000%
Sep-05 0.000%
Current Foreclosure Total Oct-05 0.000%
Loans in Foreclosure 0 Nov-05 0.000%
Original Principal Balance 0.00 Dec-05 0.000%
Current Actual Balance 0.00 Jan-06 0.000%
Feb-06 0.000%
Mar-06 0.000%
Apr-06 0.000%
May-06 0.000%
*The text reported in the above table is presented graphically
on the monthly bond remittance report. The monthly bond
remittance report can be viewed online at www.ctslink.com.
<CAPTION>
2 12 Month Foreclosure History*
New Foreclosure Loans Month Foreclosure Percentage
<s> <c> <s> <c>
Loans in Foreclosure 0 Jun-05 0.000%
Original Principal Balance 0.00 Jul-05 0.000%
Current Actual Balance 0.00 Aug-05 0.000%
Sep-05 0.000%
Current Foreclosure Total Oct-05 0.000%
Loans in Foreclosure 0 Nov-05 0.000%
Original Principal Balance 0.00 Dec-05 0.000%
Current Actual Balance 0.00 Jan-06 0.000%
Feb-06 0.000%
Mar-06 0.000%
Apr-06 0.000%
May-06 0.000%
*The text reported in the above table is presented graphically
on the monthly bond remittance report. The monthly bond
remittance report can be viewed online at www.ctslink.com.
<CAPTION>
3 12 Month Foreclosure History*
New Foreclosure Loans Month Foreclosure Percentage
<s> <c> <s> <c>
Loans in Foreclosure 0 Jun-05 0.000%
Original Principal Balance 0.00 Jul-05 0.000%
Current Actual Balance 0.00 Aug-05 0.000%
Sep-05 0.000%
Current Foreclosure Total Oct-05 0.000%
Loans in Foreclosure 0 Nov-05 0.000%
Original Principal Balance 0.00 Dec-05 0.000%
Current Actual Balance 0.00 Jan-06 0.000%
Feb-06 0.000%
Mar-06 0.000%
Apr-06 0.000%
May-06 0.000%
*The text reported in the above table is presented graphically
on the monthly bond remittance report. The monthly bond
remittance report can be viewed online at www.ctslink.com.
</TABLE>
<TABLE>
<CAPTION>
Foreclosure Loan Detail - All Mortgage Loans in Foreclosure during Current Period
Month
Loan First Original
Loan Entered Payment LTV at Principal
Group Number FC Date State Origination Balance
<s> <c> <c> <c> <c> <c> <c>
No Foreclosure Loans this Period
</TABLE>
<TABLE>
<CAPTION>
Foreclosure Loan Detail - All Mortgage Loans in Foreclosure during Current Period (continued)
Current Paid Current Approximate
Loan Actual To Months Loan Delinquent
Group Number Balance Date Delinquent Rate Interest
<s> <c> <c> <c> <c> <c> <c>
No Foreclosure Loans this Period
</TABLE>
<TABLE>
Bankruptcy Detail - All Mortgage Loans in Bankruptcy during Current Period
<CAPTION>
Summary 12 Month Bankruptcy History*
New Bankruptcy Loans Month Bankruptcy Percentage
<s> <c> <s> <c>
Loans in Bankruptcy 0 Jun-05 0.000%
Original Principal Balance 0.00 Jul-05 0.000%
Current Actual Balance 0.00 Aug-05 0.000%
Sep-05 0.000%
Current Bankruptcy Total Oct-05 0.000%
Loans in Bankruptcy 0 Nov-05 0.000%
Original Principal Balance 0.00 Dec-05 0.000%
Current Actual Balance 0.00 Jan-06 0.000%
Feb-06 0.000%
Mar-06 0.000%
Apr-06 0.000%
May-06 0.000%
*The text reported in the above table is presented graphically
on the monthly bond remittance report. The monthly bond
remittance report can be viewed online at www.ctslink.com.
<CAPTION>
1 12 Month Bankruptcy History*
New Bankruptcy Loans Month Bankruptcy Percentage
<s> <c> <s> <c>
Loans in Bankruptcy 0 Jun-05 0.000%
Original Principal Balance 0.00 Jul-05 0.000%
Current Actual Balance 0.00 Aug-05 0.000%
Sep-05 0.000%
Current Bankruptcy Total Oct-05 0.000%
Loans in Bankruptcy 0 Nov-05 0.000%
Original Principal Balance 0.00 Dec-05 0.000%
Current Actual Balance 0.00 Jan-06 0.000%
Feb-06 0.000%
Mar-06 0.000%
Apr-06 0.000%
May-06 0.000%
*The text reported in the above table is presented graphically
on the monthly bond remittance report. The monthly bond
remittance report can be viewed online at www.ctslink.com.
<CAPTION>
2 12 Month Bankruptcy History*
New Bankruptcy Loans Month Bankruptcy Percentage
<s> <c> <s> <c>
Loans in Bankruptcy 0 Jun-05 0.000%
Original Principal Balance 0.00 Jul-05 0.000%
Current Actual Balance 0.00 Aug-05 0.000%
Sep-05 0.000%
Current Bankruptcy Total Oct-05 0.000%
Loans in Bankruptcy 0 Nov-05 0.000%
Original Principal Balance 0.00 Dec-05 0.000%
Current Actual Balance 0.00 Jan-06 0.000%
Feb-06 0.000%
Mar-06 0.000%
Apr-06 0.000%
May-06 0.000%
*The text reported in the above table is presented graphically
on the monthly bond remittance report. The monthly bond
remittance report can be viewed online at www.ctslink.com.
<CAPTION>
3 12 Month Bankruptcy History*
New Bankruptcy Loans Month Bankruptcy Percentage
<s> <c> <s> <c>
Loans in Bankruptcy 0 Jun-05 0.000%
Original Principal Balance 0.00 Jul-05 0.000%
Current Actual Balance 0.00 Aug-05 0.000%
Sep-05 0.000%
Current Bankruptcy Total Oct-05 0.000%
Loans in Bankruptcy 0 Nov-05 0.000%
Original Principal Balance 0.00 Dec-05 0.000%
Current Actual Balance 0.00 Jan-06 0.000%
Feb-06 0.000%
Mar-06 0.000%
Apr-06 0.000%
May-06 0.000%
*The text reported in the above table is presented graphically
on the monthly bond remittance report. The monthly bond
remittance report can be viewed online at www.ctslink.com.
</TABLE>
<TABLE>
<CAPTION>
Bankruptcy Detail - All Mortgage Loans in Bankruptcy during Current Period
Group Loan Month Loan First State LTV at Original
Number Entered Payment Origination Principal
Bankruptcy Date Balance
<s> <c> <c> <c> <c> <c> <c>
No Bankruptcy Loans this Period
</TABLE>
<TABLE>
<CAPTION>
Bankruptcy Detail - All Mortgage Loans in Bankruptcy during Current Period (continued)
Group Loan Current Paid To Months Current Approximate
Number Actual Date Delinquent Loan Rate Delinquent
Balance Interest
<s> <c> <c> <c> <c> <c> <c>
No Bankruptcy Loans this Period
</TABLE>
<TABLE>
<CAPTION>
Realized Loss Detail Report - Loans with Losses during Current Period
Summary
# Loans Prior Realized Current
with Actual Loss/(Gain) Loss
Group Losses Balance Amount Percentage
<s> <c> <c> <c> <c>
1 0 0.00 0.00 0.000%
2 0 0.00 0.00 0.000%
3 0 0.00 0.00 0.000%
Total 0 0.00 0.00 0.000%
</TABLE>
<TABLE>
<CAPTION>
Realized Loss Loan Detail Report - Loans With Losses during Current Period
Original Current
Loan Principal Note LTV at Original
Group Number Balance Rate State Origination Term
<s> <c> <c> <c> <c> <c> <c>
No Losses this Period
</TABLE>
<TABLE>
<CAPTION>
Realized Loss Loan Detail Report - Loans With Losses during Current Period (continued)
Prior Cumulative
Loan Actual Realized Realized
Group Number Balance Loss/(Gain) Loss/(Gain)
<s> <c> <c> <c> <c>
No Losses this Period
</TABLE>
<TABLE>
<CAPTION>
Realized Loss Report - Collateral
Summary
MDR SDA
<s> <c> <s> <c>
Current Month 0.000% Current Month 0.000%
3 Month Average 0.000% 3 Month Average 0.000%
12 Month Average 0.000% 12 Month Average 0.000%
<CAPTION>
MDR: Current vs. 12mo Average* SDA: Current vs. 12mo Average*
Month Current 12mo Avg. Month Current 12mo Avg.
<s> <c> <c> <s> <c> <c>
Jun-2005 N/A N/A Jun-2005 N/A N/A
Jul-2005 N/A N/A Jul-2005 N/A N/A
Aug-2005 N/A N/A Aug-2005 N/A N/A
Sep-2005 N/A N/A Sep-2005 N/A N/A
Oct-2005 N/A N/A Oct-2005 N/A N/A
Nov-2005 N/A N/A Nov-2005 N/A N/A
Dec-2005 N/A N/A Dec-2005 N/A N/A
Jan-2006 N/A N/A Jan-2006 N/A N/A
Feb-2006 0.000% N/A Feb-2006 0.000% N/A
Mar-2006 0.000% N/A Mar-2006 0.000% N/A
Apr-2006 0.000% N/A Apr-2006 0.000% N/A
May-2006 0.000% N/A May-2006 0.000% N/A
*The text reported in the above table is presented *The text reported in the above table is presented
graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The
monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at
www.ctslink.com. www.ctslink.com.
<CAPTION>
CDR Loss Severity Approximation
<s> <c> <s> <c>
Current Month 0.000% Current Month 0.000%
3 Month Average 0.000% 3 Month Average 0.000%
12 Month Average 0.000% 12 Month Average 0.000%
<CAPTION>
CDR: Current vs. 12mo Average* Loss Severity: Current vs. 12mo Average*
Month Current 12mo Avg. Month Current 12mo Avg.
<s> <c> <c> <s> <c> <c>
Jun-2005 N/A N/A Jun-2005 N/A N/A
Jul-2005 N/A N/A Jul-2005 N/A N/A
Aug-2005 N/A N/A Aug-2005 N/A N/A
Sep-2005 N/A N/A Sep-2005 N/A N/A
Oct-2005 N/A N/A Oct-2005 N/A N/A
Nov-2005 N/A N/A Nov-2005 N/A N/A
Dec-2005 N/A N/A Dec-2005 N/A N/A
Jan-2006 N/A N/A Jan-2006 N/A N/A
Feb-2006 0.000% N/A Feb-2006 0.000% N/A
Mar-2006 0.000% N/A Mar-2006 0.000% N/A
Apr-2006 0.000% N/A Apr-2006 0.000% N/A
May-2006 0.000% N/A May-2006 0.000% N/A
*The text reported in the above table is presented *The text reported in the above table is presented
graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The
monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at
www.ctslink.com. www.ctslink.com.
1
<CAPTION>
MDR SDA
<s> <c> <s> <c>
Current Month 0.000% Current Month 0.000%
3 Month Average 0.000% 3 Month Average 0.000%
12 Month Average 0.000% 12 Month Average 0.000%
<CAPTION>
MDR: Current vs. 12mo Average* SDA: Current vs. 12mo Average*
Month Current 12mo Avg. Month Current 12mo Avg.
<s> <c> <c> <s> <c> <c>
Jun-2005 N/A N/A Jun-2005 N/A N/A
Jul-2005 N/A N/A Jul-2005 N/A N/A
Aug-2005 N/A N/A Aug-2005 N/A N/A
Sep-2005 N/A N/A Sep-2005 N/A N/A
Oct-2005 N/A N/A Oct-2005 N/A N/A
Nov-2005 N/A N/A Nov-2005 N/A N/A
Dec-2005 N/A N/A Dec-2005 N/A N/A
Jan-2006 N/A N/A Jan-2006 N/A N/A
Feb-2006 0.000% N/A Feb-2006 0.000% N/A
Mar-2006 0.000% N/A Mar-2006 0.000% N/A
Apr-2006 0.000% N/A Apr-2006 0.000% N/A
May-2006 0.000% N/A May-2006 0.000% N/A
*The text reported in the above table is presented *The text reported in the above table is presented
graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The
monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at
www.ctslink.com. www.ctslink.com.
<CAPTION>
CDR Loss Severity Approximation
<s> <c> <s> <c>
Current Month 0.000% Current Month 0.000%
3 Month Average 0.000% 3 Month Average 0.000%
12 Month Average 0.000% 12 Month Average 0.000%
<CAPTION>
CDR: Current vs. 12mo Average* Loss Severity: Current vs. 12mo Average*
Month Current 12mo Avg. Month Current 12mo Avg.
<s> <c> <c> <s> <c> <c>
Jun-2005 N/A N/A Jun-2005 N/A N/A
Jul-2005 N/A N/A Jul-2005 N/A N/A
Aug-2005 N/A N/A Aug-2005 N/A N/A
Sep-2005 N/A N/A Sep-2005 N/A N/A
Oct-2005 N/A N/A Oct-2005 N/A N/A
Nov-2005 N/A N/A Nov-2005 N/A N/A
Dec-2005 N/A N/A Dec-2005 N/A N/A
Jan-2006 N/A N/A Jan-2006 N/A N/A
Feb-2006 0.000% N/A Feb-2006 0.000% N/A
Mar-2006 0.000% N/A Mar-2006 0.000% N/A
Apr-2006 0.000% N/A Apr-2006 0.000% N/A
May-2006 0.000% N/A May-2006 0.000% N/A
*The text reported in the above table is presented *The text reported in the above table is presented
graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The
monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at
www.ctslink.com. www.ctslink.com.
2
<CAPTION>
MDR SDA
<s> <c> <s> <c>
Current Month 0.000% Current Month 0.000%
3 Month Average 0.000% 3 Month Average 0.000%
12 Month Average 0.000% 12 Month Average 0.000%
<CAPTION>
MDR: Current vs. 12mo Average* SDA: Current vs. 12mo Average*
Month Current 12mo Avg. Month Current 12mo Avg.
<s> <c> <c> <s> <c> <c>
Jun-2005 N/A N/A Jun-2005 N/A N/A
Jul-2005 N/A N/A Jul-2005 N/A N/A
Aug-2005 N/A N/A Aug-2005 N/A N/A
Sep-2005 N/A N/A Sep-2005 N/A N/A
Oct-2005 N/A N/A Oct-2005 N/A N/A
Nov-2005 N/A N/A Nov-2005 N/A N/A
Dec-2005 N/A N/A Dec-2005 N/A N/A
Jan-2006 N/A N/A Jan-2006 N/A N/A
Feb-2006 0.000% N/A Feb-2006 0.000% N/A
Mar-2006 0.000% N/A Mar-2006 0.000% N/A
Apr-2006 0.000% N/A Apr-2006 0.000% N/A
May-2006 0.000% N/A May-2006 0.000% N/A
*The text reported in the above table is presented *The text reported in the above table is presented
graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The
monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at
www.ctslink.com. www.ctslink.com.
<CAPTION>
CDR Loss Severity Approximation
<s> <c> <s> <c>
Current Month 0.000% Current Month 0.000%
3 Month Average 0.000% 3 Month Average 0.000%
12 Month Average 0.000% 12 Month Average 0.000%
<CAPTION>
CDR: Current vs. 12mo Average* Loss Severity: Current vs. 12mo Average*
Month Current 12mo Avg. Month Current 12mo Avg.
<s> <c> <c> <s> <c> <c>
Jun-2005 N/A N/A Jun-2005 N/A N/A
Jul-2005 N/A N/A Jul-2005 N/A N/A
Aug-2005 N/A N/A Aug-2005 N/A N/A
Sep-2005 N/A N/A Sep-2005 N/A N/A
Oct-2005 N/A N/A Oct-2005 N/A N/A
Nov-2005 N/A N/A Nov-2005 N/A N/A
Dec-2005 N/A N/A Dec-2005 N/A N/A
Jan-2006 N/A N/A Jan-2006 N/A N/A
Feb-2006 0.000% N/A Feb-2006 0.000% N/A
Mar-2006 0.000% N/A Mar-2006 0.000% N/A
Apr-2006 0.000% N/A Apr-2006 0.000% N/A
May-2006 0.000% N/A May-2006 0.000% N/A
*The text reported in the above table is presented *The text reported in the above table is presented
graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The
monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at
www.ctslink.com. www.ctslink.com.
3
<CAPTION>
MDR SDA
<s> <c> <s> <c>
Current Month 0.000% Current Month 0.000%
3 Month Average 0.000% 3 Month Average 0.000%
12 Month Average 0.000% 12 Month Average 0.000%
<CAPTION>
MDR: Current vs. 12mo Average* SDA: Current vs. 12mo Average*
Month Current 12mo Avg. Month Current 12mo Avg.
<s> <c> <c> <s> <c> <c>
Jun-2005 N/A N/A Jun-2005 N/A N/A
Jul-2005 N/A N/A Jul-2005 N/A N/A
Aug-2005 N/A N/A Aug-2005 N/A N/A
Sep-2005 N/A N/A Sep-2005 N/A N/A
Oct-2005 N/A N/A Oct-2005 N/A N/A
Nov-2005 N/A N/A Nov-2005 N/A N/A
Dec-2005 N/A N/A Dec-2005 N/A N/A
Jan-2006 N/A N/A Jan-2006 N/A N/A
Feb-2006 0.000% N/A Feb-2006 0.000% N/A
Mar-2006 0.000% N/A Mar-2006 0.000% N/A
Apr-2006 0.000% N/A Apr-2006 0.000% N/A
May-2006 0.000% N/A May-2006 0.000% N/A
*The text reported in the above table is presented *The text reported in the above table is presented
graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The
monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at
www.ctslink.com. www.ctslink.com.
<CAPTION>
CDR Loss Severity Approximation
<s> <c> <s> <c>
Current Month 0.000% Current Month 0.000%
3 Month Average 0.000% 3 Month Average 0.000%
12 Month Average 0.000% 12 Month Average 0.000%
<CAPTION>
CDR: Current vs. 12mo Average* Loss Severity: Current vs. 12mo Average*
Month Current 12mo Avg. Month Current 12mo Avg.
<s> <c> <c> <s> <c> <c>
Jun-2005 N/A N/A Jun-2005 N/A N/A
Jul-2005 N/A N/A Jul-2005 N/A N/A
Aug-2005 N/A N/A Aug-2005 N/A N/A
Sep-2005 N/A N/A Sep-2005 N/A N/A
Oct-2005 N/A N/A Oct-2005 N/A N/A
Nov-2005 N/A N/A Nov-2005 N/A N/A
Dec-2005 N/A N/A Dec-2005 N/A N/A
Jan-2006 N/A N/A Jan-2006 N/A N/A
Feb-2006 0.000% N/A Feb-2006 0.000% N/A
Mar-2006 0.000% N/A Mar-2006 0.000% N/A
Apr-2006 0.000% N/A Apr-2006 0.000% N/A
May-2006 0.000% N/A May-2006 0.000% N/A
*The text reported in the above table is presented *The text reported in the above table is presented
graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The
monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at
www.ctslink.com. www.ctslink.com.
<FN>
Calculation Methodology:
Monthly Default Rate (MDR): sum(Beg Scheduled Balance of Liquidated Loans)/ sum(Beg Scheduled Balance).
Conditional Default Rate (CDR): 1-((1-MDR)^12)
SDA Standard Default Assumption: If WAS is less than or equal to 30 then CDR /(WAS * 0.02) else if WAS is greater than 30 and
less than or equal to 60 then CDR / 0.6 else if WAS is greater than 60 and less than or equal to 120 then CDR / (0.6 - ((WAS
- 60) * 0.0095)) else if WAS is greater than 120 then CDR / 0.03
Loss Severity Approximation for current period: sum(Realized Loss Amount)/sum(Beg Scheduled Balance of Liquidated Loans)
</FN>
</TABLE>
<TABLE>
<CAPTION>
Prepayment Detail - Prepayments during Current Period
Summary
Loans Paid In Full Repurchased Loans
Original Current Original Current
Principal Scheduled Principal Scheduled
Group Count Balance Balance Count Balance Balance
<s> <c> <c> <c> <c> <c> <c>
1 3 1,543,000.00 1,540,751.34 0 0.00 0.00
2 2 1,090,000.00 1,090,000.00 0 0.00 0.00
3 0 0.00 0.00 0 0.00 0.00
Total 5 2,633,000.00 2,630,751.34 0 0.00 0.00
</TABLE>
<TABLE>
<CAPTION>
Prepayment Detail - Prepayments during Current Period (continued)
Summary
Substitution Loans Liquidated Loans Curtailments
Original Current Original Current
Principal Scheduled Principal Scheduled Curtailment
Group Count Balance Balance Count Balance Balance Amount
<s> <c> <c> <c> <c> <c> <c> <c>
1 0 0.00 0.00 0 0.00 0.00 35,458.65
2 0 0.00 0.00 0 0.00 0.00 76,467.96
3 0 0.00 0.00 0 0.00 0.00 80,092.85
Total 0 0.00 0.00 0 0.00 0.00 192,019.46
</TABLE>
<TABLE>
<CAPTION>
Prepayment Loan Detail - Prepayments during Current Period
First Original
Loan LTV at Payment Principal Prepayment
Group Number State Origination Date Balance Amount
<s> <c> <c> <c> <c> <c> <c>
1 0004347154 CA 69.51 01-Dec-2005 716,000.00 716,000.00
1 0004370565 CA 35.00 01-Dec-2005 350,000.00 347,922.81
1 0009984336 VA 62.76 01-Nov-2005 477,000.00 476,495.09
2 0009971200 VA 66.67 01-Nov-2005 880,000.00 880,000.00
2 0010160713 CA 89.36 01-Nov-2005 210,000.00 210,000.00
</TABLE>
<TABLE>
<CAPTION>
Prepayment Loan Detail - Prepayments during Current Period (continued)
Current
Loan PIF Months Loan Original
Group Number Type Delinquent Rate Term Seasoning
<s> <c> <c> <c> <c> <c> <c>
1 0004347154 Loan Paid in Full 0 6.875% 360 5
1 0004370565 Loan Paid in Full 0 6.375% 360 5
1 0009984336 Loan Paid in Full 0 5.875% 360 6
2 0009971200 Loan Paid in Full 0 5.875% 360 6
2 0010160713 Loan Paid in Full 1 6.125% 360 6
</TABLE>
<TABLE>
Prepayment - Voluntary Prepayments
<CAPTION>
Summary
SMM CPR PSA
<s> <c> <s> <c> <s> <c>
Current Month 0.597% Current Month 6.934% Current Month 604.588%
3 Month Average 0.706% 3 Month Average 7.981% 3 Month Average 814.231%
12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000%
<CAPTION>
CPR: Current vs. 12mo Average* PSA: Current vs. 12mo Average*
Month Current 12mo Avg. Month Current 12mo Avg.
<s> <c> <c> <s> <c> <c>
Jun-2005 N/A N/A Jun-2005 N/A N/A
Jul-2005 N/A N/A Jul-2005 N/A N/A
Aug-2005 N/A N/A Aug-2005 N/A N/A
Sep-2005 N/A N/A Sep-2005 N/A N/A
Oct-2005 N/A N/A Oct-2005 N/A N/A
Nov-2005 N/A N/A Nov-2005 N/A N/A
Dec-2005 N/A N/A Dec-2005 N/A N/A
Jan-2006 N/A N/A Jan-2006 N/A N/A
Feb-2006 3.104% N/A Feb-2006 567.733% N/A
Mar-2006 1.485% N/A Mar-2006 198.790% N/A
Apr-2006 15.523% N/A Apr-2006 1,639.314% N/A
May-2006 6.935% N/A May-2006 604.588% N/A
*The text reported in the above table is presented *The text reported in the above table is presented
graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The
monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at
www.ctslink.com. www.ctslink.com.
<CAPTION>
1
SMM CPR PSA
<s> <c> <s> <c> <s> <c>
Current Month 0.606% Current Month 7.034% Current Month 626.359%
3 Month Average 0.891% 3 Month Average 9.873% 3 Month Average 1,046.069%
12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000%
<CAPTION>
CPR: Current vs. 12mo Average* PSA: Current vs. 12mo Average*
Month Current 12mo Avg. Month Current 12mo Avg.
<s> <c> <c> <s> <c> <c>
Jun-2005 N/A N/A Jun-2005 N/A N/A
Jul-2005 N/A N/A Jul-2005 N/A N/A
Aug-2005 N/A N/A Aug-2005 N/A N/A
Sep-2005 N/A N/A Sep-2005 N/A N/A
Oct-2005 N/A N/A Oct-2005 N/A N/A
Nov-2005 N/A N/A Nov-2005 N/A N/A
Dec-2005 N/A N/A Dec-2005 N/A N/A
Jan-2006 N/A N/A Jan-2006 N/A N/A
Feb-2006 3.941% N/A Feb-2006 753.196% N/A
Mar-2006 2.146% N/A Mar-2006 296.707% N/A
Apr-2006 20.439% N/A Apr-2006 2,215.142% N/A
May-2006 7.034% N/A May-2006 626.359% N/A
*The text reported in the above table is presented *The text reported in the above table is presented
graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The
monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at
www.ctslink.com. www.ctslink.com.
<CAPTION>
2
SMM CPR PSA
<s> <c> <s> <c> <s> <c>
Current Month 1.031% Current Month 11.692% Current Month 969.372%
3 Month Average 0.747% 3 Month Average 8.454% 3 Month Average 781.220%
12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000%
<CAPTION>
CPR: Current vs. 12mo Average* PSA: Current vs. 12mo Average*
Month Current 12mo Avg. Month Current 12mo Avg.
<s> <c> <c> <s> <c> <c>
Jun-2005 N/A N/A Jun-2005 N/A N/A
Jul-2005 N/A N/A Jul-2005 N/A N/A
Aug-2005 N/A N/A Aug-2005 N/A N/A
Sep-2005 N/A N/A Sep-2005 N/A N/A
Oct-2005 N/A N/A Oct-2005 N/A N/A
Nov-2005 N/A N/A Nov-2005 N/A N/A
Dec-2005 N/A N/A Dec-2005 N/A N/A
Jan-2006 N/A N/A Jan-2006 N/A N/A
Feb-2006 0.570% N/A Feb-2006 94.167% N/A
Mar-2006 0.653% N/A Mar-2006 81.113% N/A
Apr-2006 13.016% N/A Apr-2006 1,293.176% N/A
May-2006 11.692% N/A May-2006 969.372% N/A
*The text reported in the above table is presented *The text reported in the above table is presented
graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The
monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at
www.ctslink.com. www.ctslink.com.
<CAPTION>
3
SMM CPR PSA
<s> <c> <s> <c> <s> <c>
Current Month 0.081% Current Month 0.962% Current Month 84.186%
3 Month Average 0.167% 3 Month Average 1.977% 3 Month Average 210.156%
12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000%
<CAPTION>
CPR: Current vs. 12mo Average* PSA: Current vs. 12mo Average*
Month Current 12mo Avg. Month Current 12mo Avg.
<s> <c> <c> <s> <c> <c>
Jun-2005 N/A N/A Jun-2005 N/A N/A
Jul-2005 N/A N/A Jul-2005 N/A N/A
Aug-2005 N/A N/A Aug-2005 N/A N/A
Sep-2005 N/A N/A Sep-2005 N/A N/A
Oct-2005 N/A N/A Oct-2005 N/A N/A
Nov-2005 N/A N/A Nov-2005 N/A N/A
Dec-2005 N/A N/A Dec-2005 N/A N/A
Jan-2006 N/A N/A Jan-2006 N/A N/A
Feb-2006 3.727% N/A Feb-2006 687.579% N/A
Mar-2006 0.664% N/A Mar-2006 89.440% N/A
Apr-2006 4.306% N/A Apr-2006 456.842% N/A
May-2006 0.962% N/A May-2006 84.186% N/A
*The text reported in the above table is presented *The text reported in the above table is presented
graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The
monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at
www.ctslink.com. www.ctslink.com.
<FN>
Calculation Methodology:
Single Month Mortality (SMM): (Partial and full prepayments + Repurchases) / (Beginning Scheduled Balance - Scheduled
Principal)
Conditional PrePayment Rate (CPR): 1 - ((1 - SMM)^12)
PSA Standard Prepayment Model: 100 * CPR / (0.2 * MIN(30,WAS))
Weighted Average Seasoning (WAS): sum((Original Term - Remaining Term)*(Current Scheduled Balance/Deal Scheduled Principal
Balance))
</FN>
</TABLE>
<TABLE>
<CAPTION>
Modifications
Beginning Current
Loan Scheduled Scheduled Prior Modified Prior Modified
Number Balance Balance Rate Rate Payment Payment
<s> <c> <c> <c> <c> <c> <c>
No Modifications this Period
</TABLE>
<TABLE>
<CAPTION>
Substitutions
Loans Repurchased Loans Substituted
Current Current
Loan Scheduled Current Current Loan Scheduled Current Current
Number Balance Rate Payment Number Balance Rate Payment
<s> <c> <c> <c> <c> <c> <c> <c>
No Substitutions this Period
</TABLE>
<TABLE>
<CAPTION>
Repurchases
Current
Loan Scheduled Current Current
Number Balance Rate Payment
<s> <c> <c> <c>
No Repurchases this Period
</TABLE>
<TABLE>
<CAPTION>
Interest Rate Stratification
Summary 1
Current Number of Outstanding Percentage of Number of Outstanding Percentage of
Interest Rate Loans Scheduled Balance(%) Loans Scheduled Balance(%)
Range(%) Balance($) Balance($)
<s> <c> <c> <c> <c> <c> <c>
< 4.750 0 0.00 0.000 0 0.00 0.000
4.750 4.999 0 0.00 0.000 0 0.00 0.000
5.000 5.249 2 2,478,413.97 0.527 2 2,478,413.97 0.959
5.250 5.499 7 6,269,473.51 1.334 4 4,426,901.25 1.713
5.500 5.749 64 38,105,062.41 8.110 31 20,017,492.47 7.744
5.750 5.999 431 225,217,637.82 47.932 213 120,088,684.43 46.460
6.000 6.249 291 151,249,702.63 32.190 123 77,350,522.37 29.925
6.250 6.499 71 35,471,919.44 7.549 38 23,552,326.96 9.112
6.500 6.749 15 8,676,743.46 1.847 13 8,163,741.88 3.158
6.750 6.999 4 2,241,190.64 0.477 4 2,241,190.64 0.867
>= 7.000 1 159,201.49 0.034 1 159,201.49 0.062
Total 886 469,869,345.37 100.000 429 258,478,475.46 100.000
</TABLE>
<TABLE>
<CAPTION>
Interest Rate Stratification (continued)
2 3
Current Number of Outstanding Percentage of Number of Outstanding Percentage of
Interest Rate Loans Scheduled Balance(%) Loans Scheduled Balance(%)
Range(%) Balance($) Balance($)
<s> <c> <c> <c> <c> <c> <c>
< 4.750 0 0.00 0.000 0 0.00 0.000
4.750 4.999 0 0.00 0.000 0 0.00 0.000
5.000 5.249 0 0.00 0.000 0 0.00 0.000
5.250 5.499 2 1,392,572.26 1.243 1 450,000.00 0.453
5.500 5.749 14 9,117,059.90 8.140 19 8,970,510.04 9.025
5.750 5.999 117 57,618,537.80 51.447 101 47,510,415.59 47.800
6.000 6.249 74 35,019,936.74 31.269 94 38,879,243.52 39.116
6.250 6.499 19 8,335,498.29 7.443 14 3,584,094.19 3.606
6.500 6.749 2 513,001.58 0.458 0 0.00 0.000
6.750 6.999 0 0.00 0.000 0 0.00 0.000
>= 7.000 0 0.00 0.000 0 0.00 0.000
Total 228 111,996,606.57 100.000 229 99,394,263.34 100.000
</TABLE>
<TABLE>
<CAPTION>
Supplemental Reporting
<s> <c>
Closing Date:
01/31/2006
Determination Date:
Banc of America is the 16th.
National City is the 15th.
PHH is the 16th.
RFC is the 23rd.
Suntrust is the 15th.
WAMU is the 13th.
Wells Fargo is the 17th.
Distribution Date:
The 25th day of each month beginning in February 2006 (or, if such day is not a Business Day, the next Business Day).
Record Date:
The last day of the month (or, if such day is not a Business Day, the preceding Business Day) preceding the month of
the related Distribution Date.
Remittance Date:
The 18th day of each month beginning in February 2006 (or, if such day is not a Business Day, the preceding Business Day).
</Table>