Epstein Secrets

710 66% 24-month perfect payers "Source: Intex/Bloomberg: July 10, 2013 iMM 2006.2 1M2 Offered fa 69-00

quencies 60+ Delinquency Coverage UNDERLYING COLLATERAL DESCRIPTION Prepay Rate 45254NNC7 Default Rate 10,000,000 Default Severity 1.566.775 Delinq Rate Alt-A Men Floater (1ML 73.5bps) Delinq Advance (% of P8I) CC/Cat- Call 0.928% 7 1 1 Jul13 to Nov28 23 20% 6.01% ' 3 2? Price @ 69-00 Yie

nths seasoned - $368k average balance "Source: Bloomberg GSR 2005-5F B1 Offered @ 97.16 BOND DESCRIPTION

.34 Jun13 to May35 0.00% 4.81% 9.99 0.48x Average Loan Balance (5,000s) 368 Loan Count 818 Mortgage Type Prime 30yr Fix Default Severity Delinq Rate Delinq Advance (% of P&I) Price @ 97-16 Yield Spread over Tsy Duration WAL Principal Window Principal Writedown Total Collat Loss Total Liq

Updated LTV = 88% 68% of the borrowers have not missed a payment in the past 2 years 93 months seasoned 704 FICO $249k average balance **Source: Bloomberg IMM 2005.2 1M1 Offered @ 71.00 BOND DESCRIPTION Prepay Rate 1 CPR 2 CPR 3 CPR Cusip: 45254NNB9 Default Rate 6 for 304 CDR 6 for 24 4 ramp

al Face: 2 EFTA_R1_01725352 EFTA02562931 10,000,000 Default Severity 65 ramp 12 60 55 ramp 12 60 55 55 ramp 24 50 Current Face: 1,665,558 Delinq Rate 16 Percent 16 Percent 16 Percent Bond Type: Alt-A Floater Men (1.ML + 43bps) Delinq Advance (% of P&I) 75 80 80 Ratings (S&P/Moodys/Fitch):

soned 735 FICO $296k average balance **Source: Bloomberg REMSI 2004-54 1M1 Offered @ 85-16 BOND DESCRIPT

1.5 CDR Original Face: 4,314,300 Default Severity 40 ramp 36 35 35 ramp 36 30 30 Current Face: 2 EFTA_R1_01730426 EFTA02565757 2,002,760 Delinq Rate 7.5 Percent 7.5 Percent 7.5 Percent Bond Type: Prime Fix 5.25% Men Delinq Advance (% of P&I) 100 100 100 Ratings (S&P/Moodys/Fitch): CCC/-

asoned 723 FICO $238k average balance "Source: Bloomberg SEMI 11 B1 Offered @ 74-16 BOND DESCRIPTION Pr

iginal Face: 5,700,000 Default Severity 45 ramp 36 40 2 EFTA_R1_01730838 EFTA02565932 40 ramp 24 35 35 ramp 18 30 Current Face: 1,060,043 Delinq Rate 12 Percent 12 Percent 12 Percent Bond Type: Prime Sub Floaters (1ML +145.5 bps) Delinq Advance (% of P&I) 100 100 100 Ratings (S&P/Moodys/F

Updated LTV = 69% 71% of the borrowers have not missed a payment in the past 2 years 107 months seasoned 715 FICO $296k average balance "Source: Bloomberg SARM 2004-4 B1 Offered @ 59-16 BOND DESCRIPTION Prepay Rate 4 CPR 8 CPR 10 CPR Cusip: 86359BPE5 Default Rate 3 ramp 24 7 7 ramp 12 2 CDR 2

ginal Face: 12,976,407 Default Severity 45 ramp 36 40 40 ramp 24 35 2 EFTA_R1_01731678 EFTA02566467 40 ramp 18 35 Current Face: 6,718,757 Delinq Rate 13 Percent 13 Percent 13 Percent Bond Type: Alt-A Hybrid Sub Delinq Advance (% of P&I) 85 95 100 Ratings (S&P/Moodys/Fitch): CCC/-/- Call

FICO</=pan> =0D $271k =verage balance ••Sou=ce: Bloomberg SEMT 2003-5 B1 Offered @ 80-16 =/td> <=d width=

ng:0in 5.4pt 0in 5.4pt;height:12.75pt"> 2 ramp 24 0.5 CDR Original Face: =0D 7,521,500 Default Severity 60 ramp 24 40 =0A Current Face: =OD Delinq Rate 4 Percent =OD 4 Percent =OD Bond Type: <=td> Seasoned Prime Subs Delinq Advance (% of P&I) 100 =td width="175" nowrap="" valign="bottom" styl

months seasoned $466k average balance "Source: Bloomberg•' CMSI 2005-7 1A4 Offered @ 98-00 BOND DESCRIPT

2 2 CDR Original Face: 5,982,000 Default Severity 50 50 ramp 12 45 45 ramp 12 40 Current Face: 4,551,230 2 EFTA_R1_01343585 EFTA02357574 Delinq Rate 9 Percent 9 Percent 9 Percent Bond Type: Prime Fixed 30yr Snr. Sub Delinq Advance (% of P&I) 100 100 100 Ratings (S&P/Moodys/Fitch): -/Ca/