Common use of Lien Position Clause in Contracts

Lien Position. of Mortgage Pool by Aggregate Aggregate Weighted Weighted Weighted Number Cut-off Cut-off Average Average Average Weighted of Date Date Gross Remaining Combined Average Back Mortgage Principal Principal Interest Term Original FICO DTI Lien Position Loans Balance ($) Balance Rate(%) (months) LTV Score Ratio -------------------------------------------------------------------------------------------------------------------------- 1st Lien 4,729 915,541,447 94.92 7.062 356 81.38 634 42.13 2nd Lien 990 48,999,427 5.08 10.577 216 99.64 660 43.27 -------------------------------------------------------------------------------------------------------------------------- Total: 5,719 964,540,874 100.00 7.240 349 82.31 635 42.19 --------------------------------------------------------------------------------------------------------------------------

Lien Position. of Mortgage Pool by Aggregate Aggregate Weighted Weighted Weighted Number Cut-off Cut-off Average Average Average Weighted of Date Date Gross Remaining Combined Average Back Comb Lien Mortgage Principal Principal Interest Term Original FICO DTI Lien Position Loans Balance ($) Balance Rate(%Rate (%) (months) LTV Score Ratio -------------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------- 1st Lien 4,729 915,541,447 94.92 7.062 356 81.38 634 42.13 3,895 662,714,796 98.26 6.946 350 78.06 2nd Lien 990 48,999,427 5.08 10.577 216 99.64 660 43.27 -------------------------------------------------------------------------------------------------------------------------- 265 11,737,924 1.74 10.545 286 99.26 ---------------------------------------------------------------------------------------------------------------------------- Total: 5,719 964,540,874 4,160 674,452,720 100.00 7.240 7.009 349 82.31 635 42.19 --------------------------------------------------------------------------------------------------------------------------78.43 ----------------------------------------------------------------------------------------------------------------------------

Lien Position. of Mortgage Pool by Aggregate Aggregate Weighted Weighted Weighted Number Cut-off Cut-off Average Average Average Weighted of Date Date Gross Remaining Combined Average Back Comb Lien Mortgage Principal Principal Interest Term Original FICO DTI Lien Position Loans Balance ($) Balance Rate(%Rate (%) (months) LTV Score Ratio -------------------------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------------------------------- 1st Lien 4,729 915,541,447 94.92 7.062 356 81.38 634 42.13 2,224 515,089,961 98.29 6.969 352 78.61 2nd Lien 990 48,999,427 5.08 10.577 216 99.64 660 43.27 -------------------------------------------------------------------------------------------------------------------------- 104 8,947,694 1.71 10.214 336 99.80 ------------------------------------------------------------------------------------------------------------------------------- Total: 5,719 964,540,874 2,328 524,037,656 100.00 7.240 349 82.31 635 42.19 --------------------------------------------------------------------------------------------------------------------------7.025 352 78.97 -------------------------------------------------------------------------------------------------------------------------------

Lien Position. of Mortgage Pool by Aggregate Aggregate Weighted Weighted Weighted Number Cut-off Cut-off Average Average Average Weighted of Date Date Gross Remaining Combined Average Back Comb Mortgage Principal Principal Interest Term Original FICO DTI Lien Position Loans Balance ($) Balance Rate(%Rate (%) (months) LTV Score Ratio -------------------------------------------------------------------------------------------------------------------------- -------------------------------------------------------------------------------------------------------------------------------- 1st Lien 4,729 915,541,447 94.92 7.062 356 81.38 634 42.13 6,119 1,177,804,757 98.27 6.956 351 78.30 2nd Lien 990 48,999,427 5.08 10.577 216 99.64 660 43.27 -------------------------------------------------------------------------------------------------------------------------- 369 20,685,618 1.73 10.402 308 99.49 -------------------------------------------------------------------------------------------------------------------------------- Total: 5,719 964,540,874 6,488 1,198,490,375 100.00 7.240 349 82.31 635 42.19 --------------------------------------------------------------------------------------------------------------------------7.016 350 78.67 --------------------------------------------------------------------------------------------------------------------------------

Lien Position. of Mortgage Pool by Aggregate Aggregate Weighted Weighted Weighted Number Cut-off Cut-off Average Average Average Weighted of Date Date Gross Remaining Combined Average Back Comb Lien Mortgage Principal Principal Interest Term Original FICO DTI Lien Position Loans Balance ($) Balance Rate(%Rate (%) (months) LTV Score Ratio -------------------------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------------------------------------ 1st Lien 4,729 915,541,447 94.92 7.062 356 81.38 634 42.13 7,750 1,386,885,729 99.29 7.003 352 79.62 2nd Lien 990 48,999,427 5.08 10.577 216 99.64 660 43.27 -------------------------------------------------------------------------------------------------------------------------- 246 9,955,705 0.71 10.438 270 99.49 ------------------------------------------------------------------------------------------------------------------------------------ Total: 5,719 964,540,874 7,996 1,396,841,434 100.00 7.240 349 82.31 635 42.19 --------------------------------------------------------------------------------------------------------------------------7.028 351 79.76 ------------------------------------------------------------------------------------------------------------------------------------

Lien Position. of Mortgage Pool by Aggregate Aggregate Weighted Weighted Weighted Number Cut-off Cut-off Average Average Average Weighted of Date Date Gross Remaining Combined Comb Average Back Lien Mortgage Principal Principal Interest Term Original FICO DTI Lien Position Loans Balance ($) Balance Rate(%Rate (%) (months) LTV Score Ratio -------------------------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------------------------------------ 1st Lien 4,729 915,541,447 94.92 7.062 655 164,813,034 100.00 6.522 356 81.38 634 42.13 2nd Lien 990 48,999,427 5.08 10.577 216 99.64 660 43.27 -------------------------------------------------------------------------------------------------------------------------- 82.25 621 ------------------------------------------------------------------------------------------------------------------------------------ Total: 5,719 964,540,874 655 164,813,034 100.00 7.240 349 82.31 635 42.19 --------------------------------------------------------------------------------------------------------------------------6.522 356 82.25 621 ------------------------------------------------------------------------------------------------------------------------------------

Lien Position. of Mortgage Pool by Aggregate Aggregate Weighted Weighted Weighted Number Cut-off Cut-off Average Average Average Weighted of Date Date Gross Remaining Combined Average Back Lien Mortgage Principal Principal Interest Term Original FICO DTI Lien Position Loans Balance ($) Balance Rate(%Rate (%) (months) LTV Score Ratio -------------------------------------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------------------------------------------- 1st Lien 4,729 915,541,447 94.92 7.062 185 29,185,013 98.88 7.323 356 81.38 634 42.13 79.93 672 2nd Lien 990 48,999,427 5.08 10.577 216 99.64 660 43.27 -------------------------------------------------------------------------------------------------------------------------- 9 331,656 1.12 11.160 204 100.00 716 --------------------------------------------------------------------------------------------------------------------------------- Total: 5,719 964,540,874 194 29,516,669 100.00 7.240 349 82.31 635 42.19 --------------------------------------------------------------------------------------------------------------------------7.366 354 80.16 673 ---------------------------------------------------------------------------------------------------------------------------------

Lien Position. of Mortgage Pool by Aggregate Aggregate Weighted Weighted Weighted Number Cut-off Cut-off Average Average Average Weighted of Date Date Gross Remaining Combined Average Back Lien Mortgage Principal Principal Interest Term Original FICO DTI Lien ---------------------------------- -------- ----------- --------- -------- --------- -------- -------- Position Loans Balance ($) Balance Rate(%Rate (%) (months) LTV Score Ratio -------------------------------------------------------------------------------------------------------------------------- 1st Lien 4,729 915,541,447 94.92 7.062 356 81.38 634 42.13 256 50,104,050 96.64 6.96 355 80.84 670 2nd Lien 990 48,999,427 5.08 10.577 216 99.64 660 43.27 -------------------------------------------------------------------------------------------------------------------------- 40 1,742,094 3.36 9.726 177 99.12 734 ---------------------------------- -------- ----------- --------- -------- --------- -------- -------- Total: 5,719 964,540,874 100.00 7.240 296 51,846,144 100 7.053 349 82.31 635 42.19 --------------------------------------------------------------------------------------------------------------------------81.45 672 ---------------------------------- -------- ----------- --------- -------- --------- -------- --------

Lien Position. of Mortgage Pool by Aggregate Aggregate Weighted Weighted Weighted Number Cut-off Cut-off Average Average Average Weighted of Date Date Gross Remaining Combined Average Back Comb Lien Mortgage Principal Principal Interest Term Original FICO DTI Lien Position Loans Balance ($) Balance Rate(%Rate (%) (months) LTV Score Ratio -------------------------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------------------------------------ 1st Lien 4,729 915,541,447 94.92 7.062 356 81.38 634 42.13 4,002 669,885,036 98.54 6.987 352 79.84 2nd Lien 990 48,999,427 5.08 10.577 216 99.64 660 43.27 -------------------------------------------------------------------------------------------------------------------------- 246 9,955,705 1.46 10.438 270 99.49 ------------------------------------------------------------------------------------------------------------------------------------ Total: 5,719 964,540,874 4,248 679,840,741 100.00 7.240 349 82.31 635 42.19 --------------------------------------------------------------------------------------------------------------------------7.037 351 80.13 ------------------------------------------------------------------------------------------------------------------------------------

Lien Position. of Mortgage Pool by Aggregate Aggregate Weighted Weighted Weighted Number Cut-off Cut-off Average Average Average Weighted of Date Date Gross Remaining Combined Average Back Lien Mortgage Principal Principal Interest Term Original FICO DTI Lien Position Loans Balance ($) Balance Rate(%Rate (%) (months) LTV Score Ratio -------------------------------------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------------------------------------------- 1st Lien 4,729 915,541,447 94.92 7.062 356 81.38 634 42.13 2nd Lien 990 48,999,427 5.08 10.577 216 99.64 660 43.27 -------------------------------------------------------------------------------------------------------------------------- 1,096 221,199,443 100.00 6.905 357 79.96 664 --------------------------------------------------------------------------------------------------------------------------------- Total: 5,719 964,540,874 1,096 221,199,443 100.00 7.240 349 82.31 635 42.19 --------------------------------------------------------------------------------------------------------------------------6.905 357 79.96 664 ---------------------------------------------------------------------------------------------------------------------------------