Northstar Education Finance, Inc. Original Pool and Static Pool Data FFEL Loans

Transcripción

1 Northstar Education Finance, Inc. Pool and Static Pool Data FFEL Loans The following tables present certain original pool and static pool characteristics on a vintage origination year basis. A vintage origination year for the Pool data is the calendar year in which the first disbursement on a loan is made. The Year 2000 and Prior column includes loans originated from 1997 through The quarterly CPR and inception to date CPR data is for Consolidation loans only. A loan is included in a vintage origination year for the CPR tables when the loan first entered repayment and where there is no subsequent in-school deferment. 1

2 ORIGINAL POOL CHARACTERISTICS Summary Composition of the Student Loan Portfolio 2000 and Prior Indexed to Treasury Bill $276,117,402 $0 $0 $0 $0 $0 $0 Indexed to CP $273,031,649 $387,003,951 $615,927,665 $926,578,115 $1,210,931,120 $2,192,568,009 $1,536,421,304 # Borrowers 37,999 22,994 29,800 39,497 47,002 55,393 55,055 # Loans 66,057 42,130 56,842 75,393 91, , ,849 Weighted Average Maturity Weighted Average Remaining Term Per Borrower $14,452 $16,831 $20,669 $23,459 $25,763 $39,582 $27,907 Per Loan - T-Bill $8,233 $0 $0 $0 $0 $0 $0 Per Loan - CP $8,396 $9,186 $10,836 $12,290 $13,223 $17,020 $11,146 Total $549,149,051 $387,003,951 $615,927,665 $926,578,115 $1,210,931,120 $2,192,568,009 $1,536,421,304 Note: Weighted Average Remaining Months as of Distribution of the Student Loan Portfolio by Loan Type 2000 and Prior Consolidation $2,178, % $30,377, % $152,427, % $316,150, % $486,880, % $1,398,036, % $ 871,811, % GradPLUS $0 0.0% $0 0.0% $0 0.0% $0 0.0% $0 0.0% $0 0.0% $ 81,965, % PLUS $10,447, % $5,104, % $6,321, % $10,999, % $16,277, % $26,178, % $ 17,361, % Stafford Subsidized $228,961, % $143,570, % $178,718, % $223,277, % $250,949, % $265,385, % $ 187,690, % Stafford Unsubsidized $307,561, % $207,952, % $278,460, % $376,150, % $456,823, % $502,968, % $ 377,593, % Total $549,149,051 $387,003,951 $615,927,665 $926,578,115 $1,210,931,120 $2,192,568,009 $ 1,536,421,304 Distribution of the Student Loan Portfolio by School Type 2000 and Prior Graduate $487,992, % $350,785, % $552,264, % $822,085, % $1,077,042, % $1,939,473, % $1,377,714, % 4 Year Undergraduate $61,156, % $36,218, % $63,663, % $104,492, % $133,888, % $253,094, % $158,707, % 2 Year $0 0.0% $0 0.0% $0 0.0% $0 0.0% $0 0.0% $0 0.0% $0 0.0% Proprietary $0 0.0% $0 0.0% $0 0.0% $0 0.0% $0 0.0% $0 0.0% $0 0.0% Total $549,149,051 $387,003,951 $615,927,665 $926,578,115 $1,210,931,120 $2,192,568,009 $1,536,421,304 2

3 ORIGINAL POOL CHARACTERISTICS Distribution of the Student Loan Portfolio by Repayment Borrower Interest Rate 2000 and Prior Fixed Rate 0-.99% $0 0.0% $0 0.0% $0 0.0% $0 0.0% $0 0.0% $0 0.0% $0 0.0% % $0 0.0% $0 0.0% $0 0.0% $0 0.0% $0 0.0% $0 0.0% $0 0.0% % $0 0.0% $0 0.0% $0 0.0% $119,700, % $285,344, % $1,029,686, % $8,794, % % $0 0.0% $0 0.0% $91,685, % $163,587, % $181,623, % $313,446, % $31,887, % % $0 0.0% $0 0.0% $43,096, % $30,205, % $16,486, % $41,959, % $755,826, % % $0 0.0% $19,192, % $10,037, % $1,342, % $2,030, % $9,409, % $45,264, % $354, % $9,322, % $7,105, % $374, % $1,059, % $2,231, % $437,023, % % $693, % $572, % $427, % $873, % $246, % $1,056, % $4,062, % % $1,131, % $1,289, % $76, % $66, % $91, % $247, % $97,679, % 9& and Greater $0 0.0% $0 0.0% $0 0.0% $0 0.0% $0 0.0% $0 0.0% $0 0.0% Total $2,178,492 $30,377,046 $152,427,892 $316,150,762 $486,880,651 $1,398,036,447 $1,380,538,377 Weighted Average 7.8% 6.0% 4.1% 3.3% 3.1% 3.0% 5.6% Variable Rate 0-.99% $0 0.0% $0 0.0% $0 0.0% $0 0.0% $0 0.0% $0 0.0% $0 0.0% % $0 0.0% $0 0.0% $0 0.0% $0 0.0% $0 0.0% $0 0.0% $0 0.0% % $145,186, % $170,975, % $262,158, % $327,575, % $318,617, % $10,291, % $0 0.0% % $151,405, % $87,866, % $66,485, % $33,815, % $3,910, % $4, % $0 0.0% % $87,362, % $51,462, % $77,482, % $151,182, % $249,618, % $475,703, % $21,879, % % $86,922, % $18,478, % $17,207, % $22,045, % $19,459, % $3,850, % $10, % $25,158, % $10,362, % $19,434, % $49,324, % $102,409, % $266,987, % $130,855, % % $41,645, % $17,460, % $20,731, % $26,484, % $30,035, % $37,693, % $3,137, % % $9,289, % $21, % $0 0.0% $0 0.0% $0 0.0% $0 0.0% $0 0.0% 9& and Greater $0 0.0% $0 0.0% $0 0.0% $0 0.0% $0 0.0% $0 0.0% $0 0.0% Total $546,970,559 $356,626,906 $463,499,773 $610,427,352 $724,050,470 $794,531,562 $155,882,927 Weighted Average 4.3% 3.6% 3.6% 3.9% 4.2% 5.4% 6.3% Grand Total $549,149,051 $387,003,951 $615,927,665 $926,578,115 $1,210,931,120 $2,192,568,009 $1,536,421,304 Distribution of the Student Loan Portfolio by Current Borrower Payment Status 2000 and Prior In-school $1,408, % $2,104, % $5,453, % $22,450, % $58,185, % $167,329, % $524,158, % Grace $252, % $346, % $1,066, % $3,024, % $7,078, % $13,641, % $10,899, % Deferment $6,922, % $7,056, % $17,944, % $43,434, % $152,187, % $291,700, % $167,553, % In-school Deferment $0 0.0% $0 0.0% $0 0.0% $0 0.0% $0 0.0% $543,188, % $590,533, % Forbearance $3,349, % $2,779, % $11,986, % $44,049, % $51,839, % $64,705, % $15,348, % 1st Year Repayment $588, % $1,016, % $2,614, % $6,702, % $13,427, % $26,875, % $156,809, % 2nd Year Repayment $613, % $1,157, % $2,489, % $5,606, % $55,431, % $464,479, % $35,709, % 3rd Year Repayment $1,593, % $2,352, % $5,446, % $47,540, % $226,522, % $5,061, % $944, % Greater then 3 Year Repayment $24,222, % $27,562, % $120,865, % $180,205, % $3,567, % $3,825, % $1,442, % Paid In Full $502,083, % $340,318, % $446,536, % $572,277, % $642,022, % $611,433, % $33,021, % Default $8,114, % $2,309, % $1,524, % $1,286, % $668, % $326, % $0 0.0% Total $549,149,051 $387,003,951 $615,927,665 $926,578,115 $1,210,931,120 $2,192,568,009 $1,536,421,304 3

4 ORIGINAL POOL CHARACTERISTICS Distribution of the Student Loan Portfolio by Geographic Distribution (States > 5%) 2000 and Prior California $103,034, % $65,014, % $108,878, % $162,050, % $210,408, % $372,675, % $267,555, % Maryland $45,774, % $0 0.0% $31,290, % $0 0.0% $0 0.0% $0 0.0% $0 New York $66,400, % $0 0.0% $56,941, % $85,124, % $112,730, % $191,950, % $122,018, % Pennsylvania $14,850, % $0 0.0% $43,950, % $63,129, % $86,550, % $165,836, % $104,074, % Texas $0 0.0% $0 0.0% $0 0.0% $0 0.0% $0 0.0% $112,254, % $78,027, % Total $549,149,051 $387,003,951 $615,927,665 $926,578,115 $1,210,931,120 $2,192,568,009 $1,536,421,304 Note: Only states with volume > 5% are shown; therefore, NA indicates volume less than 5%. 4

5 STATIC POOL DATA - Loan Status Year Quarter School Grace Deferment Forbearance Repayment Total 2000 and Prior Mar-01 $420,061, % $20,093, % $33,537, % $7,242, % $51,976, % $532,754,740 Jun-01 $335,240, % $90,125, % $39,581, % $9,667, % $54,187, % $528,585,392 Sep-01 $311,025, % $108,522, % $43,211, % $11,977, % $44,633, % $518,760,930 Dec-01 $293,409, % $30,148, % $60,735, % $18,208, % $86,122, % $487,837,748 Mar-02 $280,742, % $21,394, % $73,703, % $15,481, % $76,375, % $467,326,015 Jun-02 $202,570, % $81,864, % $76,346, % $15,804, % $84,551, % $460,505,724 Sep-02 $183,813, % $93,825, % $72,467, % $13,658, % $59,901, % $422,795,563 Dec-02 $174,151, % $12,487, % $75,124, % $15,648, % $95,323, % $371,151,393 Mar-03 $167,397, % $12,479, % $75,829, % $18,044, % $69,936, % $343,371,423 Jun-03 $90,276, % $78,915, % $74,219, % $18,896, % $71,411, % $333,082,254 Sep-03 $82,158, % $82,880, % $67,061, % $13,877, % $52,086, % $296,281,223 Dec-03 $75,679, % $6,388, % $55,521, % $13,501, % $73,142, % $222,952,774 Mar-04 $74,737, % $4,421, % $53,796, % $15,624, % $50,878, % $198,906,185 Jun-04 $20,915, % $53,472, % $48,184, % $16,754, % $49,339, % $187,958,171 Sep-04 $19,115, % $52,662, % $43,060, % $12,468, % $40,776, % $167,700,918 Dec-04 $16,323, % $2,614, % $33,272, % $12,112, % $51,231, % $114,373,817 Mar-05 $14,989, % $2,153, % $31,299, % $12,734, % $40,273, % $101,114,571 Jun-05 $5,820, % $6,213, % $25,202, % $11,340, % $35,770, % $83,997,634 Sep-05 $4,360, % $1,731, % $15,695, % $7,447, % $27,745, % $56,457,337 Dec-05 $3,679, % $446, % $12,221, % $7,201, % $26,729, % $49,121,940 Mar-06 $3,188, % $542, % $11,281, % $6,464, % $24,507, % $45,404,729 Jun-06 $1,830, % $1,039, % $10,489, % $6,313, % $21,524, % $40,986,094 Sep-06 $1,538, % $798, % $7,545, % $3,857, % $21,393, % $34,893,285 Dec-06 $1,392, % $252, % $7,021, % $3,726, % $18,871, % $30,812, Mar-01 $7,105, % $163, % $0 0.0% $0 0.0% $979, % $8,248,518 Jun-01 $41,966, % $2,033, % $130, % $171, % $1,779, % $46,082,607 Sep-01 $176,662, % $3,627, % $825, % $597, % $6,512, % $188,226,125 Dec-01 $262,981, % $5,922, % $5,432, % $2,346, % $26,966, % $303,650,007 Mar-02 $331,453, % $10,170, % $9,505, % $2,809, % $25,803, % $379,743,432 Jun-02 $286,804, % $50,487, % $10,428, % $3,813, % $29,879, % $381,404,755 Sep-02 $271,110, % $60,874, % $12,075, % $3,966, % $26,475, % $374,463,060 Dec-02 $260,939, % $16,392, % $19,995, % $5,254, % $47,285, % $349,804,336 Mar-03 $253,086, % $14,836, % $24,215, % $5,895, % $39,908, % $337,882,529 Jun-03 $189,091, % $66,304, % $25,332, % $6,828, % $45,855, % $333,173,395 Sep-03 $178,429, % $72,622, % $25,876, % $5,698, % $35,568, % $317,540,556 Dec-03 $169,087, % $13,559, % $26,053, % $6,915, % $51,537, % $266,683,819 Mar-04 $165,258, % $10,485, % $27,708, % $8,331, % $39,624, % $251,191,840 Jun-04 $91,936, % $74,422, % $26,203, % $8,539, % $41,491, % $242,294,694 Sep-04 $86,146, % $75,569, % $25,427, % $7,210, % $35,843, % $229,903,859 Dec-04 $81,840, % $5,115, % $23,509, % $8,037, % $48,420, % $166,547,575 Mar-05 $79,291, % $4,897, % $21,778, % $8,899, % $40,742, % $155,418,654 Jun-05 $12,197, % $43,116, % $20,630, % $8,781, % $38,992, % $123,487,961 Sep-05 $7,708, % $8,858, % $12,545, % $7,789, % $32,464, % $68,913,257 Dec-05 $6,496, % $1,300, % $10,686, % $7,511, % $33,742, % $59,246,522 Mar-06 $5,427, % $1,150, % $9,943, % $6,172, % $31,463, % $53,892,813 Jun-06 $2,717, % $1,732, % $9,666, % $5,641, % $28,901, % $48,352,809 Sep-06 $2,238, % $1,250, % $8,216, % $3,641, % $28,205, % $43,397,985 Dec-06 $2,078, % $345, % $7,213, % $3,051, % $28,307, % $40,580,910 5

6 STATIC POOL DATA - Loan Status Year Quarter School Grace Deferment Forbearance Repayment Total 2002 Mar-02 $13,542, % $71, % $3,029, % $550, % $9,204, % $26,398,784 Jun-02 $40,129, % $3,103, % $4,660, % $868, % $8,982, % $57,744,793 Sep-02 $229,192, % $5,876, % $10,446, % $1,617, % $44,823, % $291,956,727 Dec-02 $318,716, % $7,644, % $31,457, % $5,320, % $113,781, % $476,920,953 Mar-03 $433,070, % $12,607, % $52,092, % $11,016, % $96,092, % $604,879,111 Jun-03 $362,992, % $78,199, % $54,200, % $12,153, % $100,037, % $607,582,731 Sep-03 $346,679, % $88,076, % $55,339, % $11,377, % $95,559, % $596,967,777 Dec-03 $330,374, % $24,093, % $53,855, % $15,145, % $120,881, % $544,128,435 Mar-04 $322,998, % $18,583, % $57,067, % $18,688, % $109,088, % $526,279,214 Jun-04 $227,654, % $97,931, % $58,077, % $17,511, % $113,216, % $514,254,438 Sep-04 $214,945, % $102,925, % $56,535, % $15,716, % $108,933, % $498,755,370 Dec-04 $203,942, % $14,672, % $49,688, % $17,843, % $131,452, % $417,287,392 Mar-05 $197,597, % $13,175, % $49,682, % $21,479, % $118,617, % $400,113,809 Jun-05 $52,089, % $61,965, % $77,047, % $19,281, % $118,501, % $328,520,733 Sep-05 $31,661, % $15,508, % $45,224, % $18,375, % $109,470, % $219,854,136 Dec-05 $27,719, % $3,025, % $26,486, % $23,206, % $121,954, % $201,739,014 Mar-06 $23,553, % $3,222, % $21,518, % $22,430, % $121,884, % $192,256,391 Jun-06 $7,577, % $7,586, % $21,318, % $21,287, % $118,278, % $175,803,555 Sep-06 $6,185, % $5,112, % $19,641, % $16,090, % $118,325, % $165,108,164 Dec-06 $5,428, % $1,047, % $18,140, % $12,633, % $121,720, % $158,465, Mar-03 $17,181, % $216, % $6,863, % $840, % $23,818, % $48,921,386 Jun-03 $70,701, % $5,140, % $12,709, % $2,512, % $23,069, % $114,133,144 Sep-03 $295,952, % $7,734, % $32,722, % $3,312, % $63,768, % $403,490,720 Dec-03 $423,768, % $10,916, % $87,759, % $13,625, % $220,904, % $756,974,843 Mar-04 $564,417, % $15,898, % $127,579, % $23,167, % $176,645, % $907,701,646 Jun-04 $461,620, % $115,045, % $126,701, % $23,076, % $181,540, % $907,896,694 Sep-04 $440,531, % $126,245, % $127,194, % $24,690, % $176,292, % $894,860,817 Dec-04 $420,509, % $29,281, % $114,358, % $28,435, % $210,798, % $803,031,836 Mar-05 $411,710, % $23,353, % $116,798, % $32,044, % $196,960, % $780,718,759 Jun-05 $146,010, % $89,319, % $193,058, % $32,491, % $196,368, % $657,078,307 Sep-05 $95,240, % $26,200, % $117,831, % $34,215, % $184,038, % $457,126,069 Dec-05 $84,137, % $9,522, % $86,739, % $41,179, % $208,994, % $430,182,921 Mar-06 $75,173, % $8,131, % $88,370, % $37,940, % $203,519, % $412,712,680 Jun-06 $29,687, % $17,534, % $93,772, % $36,044, % $199,070, % $375,629,820 Sep-06 $24,168, % $13,415, % $85,112, % $29,597, % $200,080, % $352,046,384 Dec-06 $22,210, % $3,001, % $43,496, % $45,685, % $227,214, % $340,843, Mar-04 $22,244, % $188, % $15,257, % $2,298, % $34,866, % $74,854,625 Jun-04 $91,761, % $6,993, % $25,717, % $4,647, % $58,107, % $187,229,022 Sep-04 $350,083, % $11,168, % $45,914, % $8,091, % $87,166, % $502,424,194 Dec-04 $527,536, % $13,132, % $162,279, % $22,655, % $312,793, % $1,038,391,782 Mar-05 $665,456, % $19,244, % $217,170, % $33,308, % $250,861, % $1,186,033,524 Jun-05 $295,537, % $105,888, % $354,561, % $33,335, % $244,947, % $1,034,197,839 Sep-05 $215,368, % $36,587, % $233,396, % $36,453, % $231,949, % $753,534,186 Dec-05 $197,854, % $15,381, % $186,009, % $48,396, % $268,728, % $715,977,843 Mar-06 $180,134, % $15,614, % $191,985, % $44,234, % $263,821, % $695,714,092 Jun-06 $77,444, % $28,049, % $213,245, % $43,348, % $258,545, % $620,525,951 Sep-06 $63,179, % $22,084, % $190,991, % $40,800, % $256,362, % $572,885,749 Dec-06 $57,762, % $7,025, % $152,697, % $53,286, % $286,221, % $556,480,159 6

7 STATIC POOL DATA - Loan Status Year Quarter School Grace Deferment Forbearance Repayment Total 2005 Mar-05 $24,333, % $202, % $18,054, % $3,424, % $43,613, % $89,628,631 Jun-05 $79,613, % $5,544, % $221,598, % $136,329, % $145,511, % $588,598,109 Sep-05 $349,772, % $5,779, % $733,023, % $449,935, % $190,602, % $1,729,113,846 Dec-05 $509,754, % $10,858, % $933,181, % $63,665, % $420,625, % $1,938,085,842 Mar-06 $665,308, % $22,879, % $997,414, % $50,776, % $384,944, % $2,121,323,751 Jun-06 $224,694, % $58,668, % $986,586, % $54,481, % $442,078, % $1,766,225,685 Sep-06 $178,266, % $44,496, % $912,209, % $51,865, % $428,464, % $1,614,616,318 Dec-06 $166,459, % $13,468, % $835,642, % $65,357, % $490,503, % $1,570,366, Mar-06 $28,385, % $155, % $28,503, % $645, % $15,041, % $72,732,107 Jun-06 $82,433, % $3,441, % $449,975, % $2,928, % $114,463, % $653,242,700 Sep-06 $379,581, % $6,981, % $725,047, % $10,154, % $162,915, % $1,284,680,437 Dec-06 $523,645, % $10,880, % $757,063, % $15,370, % $192,555, % $1,499,515,562 Total Mar-06 $981,172, % $51,696, % $1,349,018, % $168,664, % $1,045,182, % $3,594,036,564 Jun-06 $426,384, % $118,052, % $1,785,054, % $170,046, % $1,182,861, % $3,680,766,614 Sep-06 $655,158, % $94,139, % $1,948,763, % $156,006, % $1,215,746, % $4,067,628,323 Dec-06 $778,976, % $36,020, % $1,821,276, % $199,111, % $1,365,394, % $4,197,064,007 7

8 STATIC POOL DATA - Delinquency Status Year Quarter Current to 30 Days 31 to 60 Days 61 to 90 Days 91 to 120 Days 121 to 150 Days 151 to 180 Days 2000 and Prior Mar-01 $41,685, % $5,758, % $3,340, % $306, % $272, % $44, % Jun-01 $49,082, % $1,101, % $827, % $652, % $414, % $991, % Sep-01 $38,815, % $1,343, % $2,270, % $281, % $205, % $190, % Dec-01 $79,839, % $2,564, % $843, % $613, % $171, % $931, % Mar-02 $63,872, % $4,045, % $3,036, % $3,383, % $683, % $188, % Jun-02 $74,247, % $2,041, % $2,291, % $1,394, % $1,151, % $1,164, % Sep-02 $50,218, % $2,721, % $2,792, % $637, % $403, % $553, % Dec-02 $87,151, % $2,062, % $1,244, % $985, % $896, % $876, % Mar-03 $54,578, % $4,051, % $3,238, % $5,722, % $645, % $226, % Jun-03 $60,229, % $1,986, % $1,999, % $1,399, % $1,351, % $1,049, % Sep-03 $42,282, % $2,555, % $2,226, % $728, % $286, % $587, % Dec-03 $65,109, % $2,822, % $776, % $794, % $632, % $1,021, % Mar-04 $40,429, % $3,979, % $2,241, % $1,847, % $459, % $313, % Jun-04 $42,806, % $1,656, % $986, % $553, % $1,213, % $584, % Sep-04 $33,453, % $2,924, % $1,336, % $557, % $353, % $375, % Dec-04 $44,444, % $2,004, % $1,076, % $555, % $725, % $563, % Mar-05 $33,026, % $2,476, % $1,670, % $1,191, % $414, % $430, % Jun-05 $29,821, % $1,332, % $861, % $834, % $715, % $690, % Sep-05 $22,007, % $1,859, % $563, % $754, % $249, % $453, % Dec-05 $21,591, % $1,716, % $519, % $503, % $336, % $225, % Mar-06 $19,831, % $1,478, % $928, % $710, % $512, % $179, % Jun-06 $17,919, % $960, % $960, % $461, % $236, % $361, % Sep-06 $17,829, % $836, % $697, % $559, % $322, % $492, % Dec-06 $14,729, % $1,346, % $815, % $355, % $312, % $245, % 2001 Mar-01 $979, % $0 0.0% $0 0.0% $0 0.0% $0 0.0% $0 0.0% Jun-01 $1,761, % $8, % $5, % $3, % $0 0.0% $0 0.0% Sep-01 $6,322, % $73, % $106, % $5, % $0 0.0% $5, % Dec-01 $26,627, % $238, % $65, % $11, % $0 0.0% $19, % Mar-02 $25,010, % $502, % $79, % $183, % $9, % $5, % Jun-02 $28,795, % $431, % $326, % $73, % $67, % $29, % Sep-02 $24,599, % $619, % $854, % $117, % $52, % $105, % Dec-02 $45,639, % $415, % $391, % $232, % $152, % $310, % Mar-03 $34,640, % $1,199, % $1,117, % $2,398, % $134, % $34, % Jun-03 $42,131, % $820, % $428, % $442, % $346, % $359, % Sep-03 $31,960, % $788, % $1,119, % $189, % $159, % $77, % Dec-03 $48,103, % $1,456, % $318, % $293, % $91, % $514, % Mar-04 $35,192, % $1,160, % $939, % $1,111, % $319, % $136, % Jun-04 $38,367, % $860, % $599, % $319, % $173, % $209, % Sep-04 $32,240, % $1,547, % $900, % $284, % $132, % $156, % Dec-04 $45,346, % $963, % $532, % $332, % $309, % $334, % Mar-05 $36,440, % $1,036, % $1,176, % $1,035, % $224, % $255, % Jun-05 $35,088, % $1,349, % $448, % $466, % $160, % $395, % Sep-05 $29,038, % $993, % $681, % $388, % $233, % $131, % Dec-05 $30,764, % $800, % $389, % $277, % $222, % $367, % Mar-06 $28,497, % $722, % $803, % $411, % $215, % $92, % Jun-06 $26,071, % $722, % $736, % $321, % $173, % $284, % Sep-06 $25,622, % $581, % $439, % $353, % $203, % $447, % Dec-06 $25,787, % $822, % $335, % $125, % $181, % $145, % 8

9 STATIC POOL DATA - Delinquency Status Year Quarter 181 to 210 Days 211 to 240 Days 241 to 270 Days 270 Plus Days 2000 and Prior Mar-01 $83, % $265, % $62, % $157, % Jun-01 $693, % $52, % $154, % $217, % Sep-01 $257, % $148, % $510, % $609, % Dec-01 $148, % $127, % $119, % $763, % Mar-02 $263, % $94, % $436, % $371, % Jun-02 $1,276, % $290, % $62, % $631, % Sep-02 $580, % $474, % $648, % $871, % Dec-02 $245, % $141, % $226, % $1,494, % Mar-03 $417, % $308, % $431, % $314, % Jun-03 $2,331, % $325, % $101, % $637, % Sep-03 $750, % $350, % $536, % $1,782, % Dec-03 $371, % $175, % $168, % $1,269, % Mar-04 $381, % $184, % $493, % $550, % Jun-04 $482, % $205, % $141, % $708, % Sep-04 $319, % $679, % $393, % $382, % Dec-04 $287, % $178, % $250, % $1,145, % Mar-05 $160, % $240, % $327, % $335, % Jun-05 $613, % $343, % $208, % $349, % Sep-05 $437, % $561, % $333, % $523, % Dec-05 $502, % $115, % $250, % $967, % Mar-06 $148, % $79, % $59, % $579, % Jun-06 $266, % $105, % $41, % $211, % Sep-06 $160, % $156, % $99, % $239, % Dec-06 $247, % $242, % $276, % $299, % 2001 Mar-01 $0 0.0% $0 0.0% $0 0.0% $0 0.0% Jun-01 $0 0.0% $0 0.0% $0 0.0% $0 0.0% Sep-01 $0 0.0% $0 0.0% $0 0.0% $0 0.0% Dec-01 $0 0.0% $0 0.0% $5, % $0 0.0% Mar-02 $0 0.0% $0 0.0% $13, % $0 0.0% Jun-02 $138, % $7, % $0 0.0% $9, % Sep-02 $42, % $21, % $24, % $38, % Dec-02 $ % $27, % $54, % $60, % Mar-03 $65, % $80, % $178, % $59, % Jun-03 $966, % $97, % $23, % $239, % Sep-03 $248, % $136, % $234, % $654, % Dec-03 $147, % $127, % $18, % $466, % Mar-04 $157, % $41, % $350, % $216, % Jun-04 $466, % $148, % $46, % $299, % Sep-04 $66, % $123, % $96, % $295, % Dec-04 $90, % $95, % $95, % $320, % Mar-05 $76, % $125, % $180, % $190, % Jun-05 $586, % $159, % $108, % $230, % Sep-05 $261, % $91, % $192, % $453, % Dec-05 $324, % $73, % $83, % $439, % Mar-06 $123, % $91, % $241, % $264, % Jun-06 $164, % $63, % $56, % $306, % Sep-06 $134, % $84, % $185, % $153, % Dec-06 $164, % $188, % $224, % $331, % 9

10 STATIC POOL DATA - Delinquency Status Year Quarter Current to 30 Days 31 to 60 Days 61 to 90 Days 91 to 120 Days 121 to 150 Days 151 to 180 Days 2002 Mar-02 $8,941, % $262, % $0 0.0% $0 0.0% $0 0.0% $0 0.0% Jun-02 $8,947, % $29, % $5, % $0 0.0% $0 0.0% $0 0.0% Sep-02 $44,718, % $87, % $6, % $11, % $0 0.0% $0 0.0% Dec-02 $112,128, % $1,366, % $254, % $31, % $1, % $0 0.0% Mar-03 $91,984, % $2,197, % $1,355, % $466, % $86, % $0 0.0% Jun-03 $98,328, % $815, % $322, % $107, % $169, % $189, % Sep-03 $93,121, % $905, % $833, % $295, % $73, % $21, % Dec-03 $118,090, % $1,212, % $379, % $343, % $251, % $335, % Mar-04 $104,171, % $1,974, % $1,055, % $1,295, % $106, % $80, % Jun-04 $109,480, % $1,540, % $785, % $332, % $257, % $136, % Sep-04 $104,179, % $2,262, % $752, % $484, % $281, % $304, % Dec-04 $127,185, % $1,919, % $320, % $495, % $471, % $188, % Mar-05 $112,167, % $1,394, % $2,057, % $1,486, % $348, % $162, % Jun-05 $113,329, % $1,810, % $679, % $658, % $164, % $476, % Sep-05 $104,927, % $1,948, % $775, % $340, % $229, % $250, % Dec-05 $117,390, % $1,607, % $761, % $518, % $515, % $202, % Mar-06 $117,289, % $1,336, % $953, % $606, % $915, % $73, % Jun-06 $114,413, % $1,019, % $1,000, % $583, % $169, % $286, % Sep-06 $114,030, % $1,769, % $857, % $464, % $104, % $417, % Dec-06 $118,102, % $1,334, % $521, % $222, % $427, % $222, % 2003 Mar-03 $23,746, % $72, % $0 0.0% $0 0.0% $0 0.0% $0 0.0% Jun-03 $21,939, % $637, % $224, % $268, % $0 0.0% $0 0.0% Sep-03 $62,203, % $1,365, % $140, % $6, % $10, % $41, % Dec-03 $219,392, % $866, % $314, % $150, % $159, % $4, % Mar-04 $171,299, % $3,058, % $1,751, % $365, % $75, % $0 0.0% Jun-04 $177,312, % $1,920, % $1,091, % $219, % $244, % $539, % Sep-04 $171,024, % $2,937, % $1,176, % $297, % $227, % $142, % Dec-04 $206,663, % $1,978, % $555, % $385, % $364, % $183, % Mar-05 $190,142, % $2,448, % $2,089, % $1,322, % $284, % $270, % Jun-05 $190,627, % $2,191, % $908, % $715, % $412, % $460, % Sep-05 $177,891, % $2,056, % $1,845, % $941, % $329, % $129, % Dec-05 $202,582, % $2,667, % $1,388, % $429, % $591, % $395, % Mar-06 $195,632, % $2,845, % $2,700, % $647, % $477, % $199, % Jun-06 $192,277, % $1,955, % $2,007, % $934, % $386, % $450, % Sep-06 $193,597, % $2,479, % $1,231, % $386, % $494, % $738, % Dec-06 $221,384, % $2,495, % $923, % $360, % $371, % $337, % 2004 Mar-04 $34,737, % $128, % $0 0.0% $0 0.0% $0 0.0% $0 0.0% Jun-04 $56,408, % $944, % $413, % $341, % $0 0.0% $0 0.0% Sep-04 $84,702, % $1,693, % $305, % $208, % $163, % $5, % Dec-04 $310,115, % $1,521, % $435, % $352, % $118, % $53, % Mar-05 $242,026, % $4,342, % $3,150, % $752, % $187, % $251, % Jun-05 $239,975, % $2,126, % $938, % $208, % $502, % $572, % Sep-05 $226,437, % $3,313, % $439, % $398, % $367, % $124, % Dec-05 $262,467, % $2,821, % $1,867, % $317, % $286, % $193, % Mar-06 $255,344, % $4,056, % $2,054, % $1,263, % $258, % $538, % Jun-06 $250,721, % $2,323, % $2,057, % $740, % $1,048, % $633, % Sep-06 $249,344, % $2,843, % $1,522, % $867, % $275, % $340, % Dec-06 $277,596, % $4,125, % $1,678, % $545, % $706, % $465, % 10

11 STATIC POOL DATA - Delinquency Status Year Quarter 181 to 210 Days 211 to to Plus 2002 Mar-02 $0 0.0% $0 0.0% $0 0.0% $0 0.0% Jun-02 $0 0.0% $0 0.0% $0 0.0% $0 0.0% Sep-02 $0 0.0% $0 0.0% $0 0.0% $0 0.0% Dec-02 $0 0.0% $0 0.0% $0 0.0% $0 0.0% Mar-03 $0 0.0% $1, % $0 0.0% $0 0.0% Jun-03 $103, % $0 0.0% $0 0.0% $1, % Sep-03 $173, % $38, % $33, % $63, % Dec-03 $28, % $7, % $10, % $220, % Mar-04 $87, % $9, % $159, % $147, % Jun-04 $507, % $32, % $5, % $137, % Sep-04 $137, % $171, % $56, % $301, % Dec-04 $317, % $205, % $72, % $274, % Mar-05 $147, % $290, % $123, % $438, % Jun-05 $786, % $198, % $32, % $363, % Sep-05 $308, % $66, % $237, % $385, % Dec-05 $180, % $59, % $147, % $572, % Mar-06 $200, % $67, % $88, % $351, % Jun-06 $205, % $308, % $45, % $244, % Sep-06 $173, % $80, % $180, % $246, % Dec-06 $266, % $19, % $295, % $307, % 2003 Mar-03 $0 0.0% $0 0.0% $0 0.0% $0 0.0% Jun-03 $0 0.0% $0 0.0% $0 0.0% $0 0.0% Sep-03 $0 0.0% $0 0.0% $0 0.0% $0 0.0% Dec-03 $6, % $10, % $0 0.0% $0 0.0% Mar-04 $88, % $0 0.0% $0 0.0% $6, % Jun-04 $124, % $0 0.0% $0 0.0% $88, % Sep-04 $104, % $138, % $150, % $94, % Dec-04 $69, % $137, % $119, % $342, % Mar-05 $54, % $113, % $85, % $148, % Jun-05 $701, % $144, % $35, % $170, % Sep-05 $129, % $105, % $208, % $400, % Dec-05 $437, % $101, % $14, % $384, % Mar-06 $141, % $248, % $202, % $423, % Jun-06 $378, % $154, % $43, % $480, % Sep-06 $310, % $267, % $244, % $329, % Dec-06 $228, % $117, % $458, % $537, % 2004 Mar-04 $0 0.0% $0 0.0% $0 0.0% $0 0.0% Jun-04 $0 0.0% $0 0.0% $0 0.0% $0 0.0% Sep-04 $88, % $0 0.0% $0 0.0% $0 0.0% Dec-04 $130, % $60, % $5, % $0 0.0% Mar-05 $136, % $2, % $4, % $8, % Jun-05 $371, % $180, % $0 0.0% $71, % Sep-05 $67, % $332, % $245, % $221, % Dec-05 $204, % $111, % $73, % $384, % Mar-06 $86, % $57, % $84, % $76, % Jun-06 $491, % $138, % $282, % $107, % Sep-06 $226, % $200, % $208, % $532, % Dec-06 $323, % $248, % $76, % $455, % 11

12 STATIC POOL DATA - Delinquency Status Year Quarter Current to 30 Days 31 to 60 Days 61 to 90 Days 91 to 120 Days 121 to 150 Days 151 to 180 Days 2005 Mar-05 $43,613, % $38 0.0% $0 0.0% $0 0.0% $0 0.0% $0 0.0% Jun-05 $144,422, % $660, % $428, % $0 0.0% $0 0.0% $0 0.0% Sep-05 $187,350, % $2,620, % $398, % $0 0.0% $232, % $0 0.0% Dec-05 $408,230, % $7,455, % $2,554, % $1,998, % $330, % $40, % Mar-06 $371,744, % $4,658, % $4,961, % $1,433, % $723, % $788, % Jun-06 $432,105, % $3,063, % $3,832, % $237, % $778, % $851, % Sep-06 $413,323, % $6,011, % $3,697, % $1,794, % $722, % $1,581, % Dec-06 $477,063, % $6,511, % $2,708, % $709, % $846, % $689, % 2006 Mar-06 $14,795, % $246, % $ % $0 0.0% $0 0.0% $0 0.0% Jun-06 $114,032, % $314, % $110, % $0 0.0% $6, % $0 0.0% Sep-06 $158,090, % $3,511, % $1,203, % $42, % $0 0.0% $61, % Dec-06 $184,904, % $3,367, % $2,131, % $1,490, % $498, % $150, % Total Mar-06 $1,003,135, % $15,345, % $12,403, % $5,073, % $3,102, % $1,871, % Jun-06 $1,147,541, % $10,360, % $10,705, % $3,279, % $2,798, % $2,868, % Sep-06 $1,171,838, % $18,033, % $9,649, % $4,468, % $2,123, % $4,079, % Dec-06 $1,319,569, % $20,004, % $9,114, % $3,808, % $3,345, % $2,256, % 12

13 STATIC POOL DATA - Delinquency Status Year Quarter 181 to 210 Days 211 to to Plus 2005 Mar-05 $0 0.0% $0 0.0% $0 0.0% $0 0.0% Jun-05 $0 0.0% $0 0.0% $0 0.0% $0 0.0% Sep-05 $0 0.0% $0 0.0% $0 0.0% $0 0.0% Dec-05 $0 0.0% $16, % $0 0.0% $0 0.0% Mar-06 $607, % $26, % $0 0.0% $0 0.0% Jun-06 $274, % $227, % $423, % $282, % Sep-06 $27, % $318, % $302, % $685, % Dec-06 $611, % $202, % $593, % $566, % 2006 Mar-06 $0 0.0% $0 0.0% $0 0.0% $0 0.0% Jun-06 $0 0.0% $0 0.0% $0 0.0% $0 0.0% Sep-06 $0 0.0% $6, % $0 0.0% $0 0.0% Dec-06 $5, % $0 0.0% $7, % $0 0.0% Total Mar-06 $1,308, % $570, % $675, % $1,696, % Jun-06 $1,782, % $997, % $893, % $1,633, % Sep-06 $1,032, % $1,113, % $1,220, % $2,186, % Dec-06 $1,846, % $1,019, % $1,932, % $2,497, % 13

14 Constant Prepayment Rate for Consolidation Loans Quarterly CPR Quarter Balance At Repayment Begin $2,120,535 $28,315,423 $137,322,458 $302,647,450 $471,022,001 $761,001,148 03/31/ % 06/30/ % 09/30/ % 12/31/ % -3.15% 03/31/ % 0.34% 06/30/ % 0.10% 09/30/ % 0.63% 12/31/ % 2.35% 0.21% 03/31/ % 1.57% -0.26% 06/30/ % 4.24% -1.41% 09/30/ % 2.89% 0.79% 12/31/ % 9.06% -1.40% -2.85% 03/31/ % 1.11% -0.16% -0.49% 06/30/ % 2.58% -0.06% -0.78% 09/30/ % 2.09% 0.95% -0.36% 12/31/ % 1.88% 0.46% -0.76% -0.24% 03/31/ % 4.23% 1.24% 0.44% -0.51% 06/30/ % 11.89% 1.66% -0.21% -0.14% 09/30/ % 10.26% 2.41% 1.79% 1.07% 12/31/ % 8.45% 5.50% 1.21% -0.02% -1.40% 03/31/ % 9.73% 4.44% 1.49% -0.68% -0.28% 06/30/ % 16.58% 5.75% 1.77% -0.25% 0.20% 09/30/ % 2.28% 1.40% -0.28% -1.59% -1.34% -3.12% 1.52% 2.19% -0.32% -1.02% -0.71% 14

15 Constant Prepayment Rate for Consolidation Loans Inception-to-Date CPR Quarter Balance At Repayment Begin $2,120,535 $28,315,423 $137,322,458 $302,647,450 $471,022,001 $761,001,148 03/31/ % 06/30/ % 09/30/ % 12/31/ % -4.76% 03/31/ % -1.68% 06/30/ % -1.01% 09/30/ % -0.56% 12/31/ % 0.07% 0.21% 03/31/ % 0.33% -0.02% 06/30/ % 0.93% -0.48% 09/30/ % 1.19% -0.17% 12/31/ % 2.14% -0.41% -2.85% 03/31/ % 2.04% -0.37% -1.67% 06/30/ % 2.10% -0.33% -1.38% 09/30/ % 2.11% -0.17% -1.13% 12/31/ % 2.10% -0.10% -1.06% -0.24% 03/31/ % 2.27% 0.03% -0.81% -0.38% 06/30/ % 2.97% 0.18% -0.73% -0.30% 09/30/ % 3.47% 0.37% -0.42% 0.04% 12/31/ % 3.79% 0.78% -0.24% 0.03% -0.70% 03/31/ % 4.16% 1.05% -0.06% -0.09% -0.56% 06/30/ % 4.89% 1.37% 0.10% -0.11% -0.37% 09/30/ % 4.79% 1.38% 0.07% -0.30% -0.57% 3.59% 4.66% 1.44% 0.04% -0.38% -0.59% 15