| Deal Name : Impac Secured Assets Corp. 2005-2 | |
| Name | Total/Aggregate |
| Pool Name | Aggregate |
| Mortgage Rates/Interest Rates | |
| Weighted Average Mortgage Rates (Interest Rates) | 6.769% |
| Weighted Average Mortgage Rates Range (Low) | 3.500% |
| Weighted Average Mortgage Rates Range (High) | 14.125% |
| % of Loans with Prepayment Charges | 73.840% |
| Margin | |
| Weighted Average Margin (applies to ARM loans only) | 4.159% |
| Principal Balances (at Cut-off Date) | |
| Number of Loans | 7005 |
| Aggregate Mortgage Principal Balance | 1,989,063,547.00 |
| Average Mortgage Loan Principal Balance | 283,949.00 |
| Lowest Mortgage Loan Principal Balance | 3,560.00 |
| Highest Mortgage Loan Principal Balance | 2,000,000.00 |
| Original Principal Balances (at Origination Date) | |
| Aggregate Original Principal Balance | 1,989,793,600.00 |
| Average Original Principal Balance | 284,053.00 |
| Property Type | |
| Single Family | |
| Principal Balance | 1,273,266,067.00 |
| Percent | 64.010% |
| Condo | |
| Principal Balance | 213,241,272.00 |
| Percent | 10.720% |
| PUD (Planned Unit Development | |
| Principal Balance | 167,369,425.00 |
| Percent | 8.410% |
| Deminimis Planned Unit Development | |
| Principal Balance | 128,546,212.00 |
| Percent | 6.460% |
| 2 Family | |
| Principal Balance | 77,498,883.00 |
| Percent | 3.900% |
| 4 Family | |
| Principal Balance | 46,727,150.00 |
| Percent | 2.350% |
| 3 Family | |
| Principal Balance | 38,085,084.00 |
| Percent | 1.910% |
| Hi - Rise | |
| Principal Balance | 29,357,072.00 |
| Percent | 1.480% |
| Townhouse | |
| Principal Balance | 8,677,734.00 |
| Percent | 0.440% |
| Condotel | |
| Principal Balance | 5,954,911.00 |
| Percent | 0.300% |
| Condononowa | |
| Principal Balance | 197,442.00 |
| Percent | 0.010% |
| Rowhouse | |
| Principal Balance | 142,294.00 |
| Percent | 0.010% |
| Total | |
| Principal Balance | 1,989,063,547.00 |
| Percent | 100.000% |
| Loan Purpose | |
| Purchase | |
| Principal Balance | 1,295,447,912.00 |
| Percent | 65.130% |
| Refinance - Cash out | |
| Principal Balance | 561,480,346.00 |
| Percent | 28.230% |
| Refinance No Cash- Out | |
| Principal Balance | 132,135,288.00 |
| Percent | 6.640% |
| Total | |
| Principal Balance | 1,989,063,547.00 |
| Percent | 100.000% |
| Occupancy Status | |
| Primary | |
| Principal Balance | 1,525,796,732.00 |
| Percent | 76.710% |
| Secondary | |
| Principal Balance | 87,326,208.00 |
| Percent | 4.390% |
| Investor | |
| Principal Balance | 375,940,608.00 |
| Percent | 18.900% |
| Total | |
| Principal Balance | 1,989,063,547.00 |
| Percent | 100.000% |
| Loan-To-Value | |
| Weighted Average Loan-to-Value | 76.490% |
| Loan-to-Value Range (Low) | 12.650% |
| Loan-to-Value Range (High) | 100.000% |
| FICO | |
| Weighted Average FICO (credit score) | 691 |
| Debt-To-Income | |
| Weighted Average Debt-to-Income | 40.22% |
| WARM | |
| Weighted Average Remaining Term to Maturity (months) | 355.00 |
| Geographic Distribution | |
| Alabama (AL) | |
| Principal Balance | 2,588,009.00 |
| Percent | 0.130% |
| Arizona (AZ) | |
| Principal Balance | 74,954,429.00 |
| Percent | 3.770% |
| Arkansas (AR) | |
| Principal Balance | 745,950.00 |
| Percent | 0.040% |
| California (CA) | |
| Principal Balance | 1,086,922,456.00 |
| Percent | 54.640% |
| Colorado (CO) | |
| Principal Balance | 23,033,926.00 |
| Percent | 1.160% |
| Connecticut (CT) | |
| Principal Balance | 8,113,483.00 |
| Percent | 0.410% |
| Delaware (DE) | |
| Principal Balance | 1,745,400.00 |
| Percent | 0.090% |
| District of Columbia (DC) | |
| Principal Balance | 995,200.00 |
| Percent | 0.050% |
| Florida (FL) | |
| Principal Balance | 237,604,200.00 |
| Percent | 11.950% |
| Georgia (GA) | |
| Principal Balance | 21,237,302.00 |
| Percent | 1.070% |
| Hawaii (HI) | |
| Principal Balance | 31,093,100.00 |
| Percent | 1.560% |
| Idaho (ID) | |
| Principal Balance | 2,766,843.00 |
| Percent | 0.140% |
| Illinois (IL) | |
| Principal Balance | 40,774,317.00 |
| Percent | 2.050% |
| Indiana (IN) | |
| Principal Balance | 2,265,966.00 |
| Percent | 0.110% |
| Iowa (IA) | |
| Principal Balance | 1,281,088.00 |
| Percent | 0.060% |
| Kansas (KS) | |
| Principal Balance | 751,683.00 |
| Percent | 0.040% |
| Kentucky (KY) | |
| Principal Balance | 1,615,638.00 |
| Percent | 0.080% |
| Louisiana (LA) | |
| Principal Balance | 517,400.00 |
| Percent | 0.030% |
| Maine (ME) | |
| Principal Balance | 1,891,905.00 |
| Percent | 0.100% |
| Maryland (MD) | |
| Principal Balance | 64,109,013.00 |
| Percent | 3.220% |
| Massachusetts (MA) | |
| Principal Balance | 16,946,052.00 |
| Percent | 0.850% |
| Michigan (MI) | |
| Principal Balance | 9,045,209.00 |
| Percent | 0.450% |
| Minnesota (MN) | |
| Principal Balance | 17,700,369.00 |
| Percent | 0.890% |
| Mississippi (MS) | |
| Principal Balance | 1,132,298.00 |
| Percent | 0.060% |
| Missouri (MO) | |
| Principal Balance | 5,171,168.00 |
| Percent | 0.260% |
| Montana (MT) | |
| Principal Balance | 747,520.00 |
| Percent | 0.040% |
| Nebraska (NE) | |
| Principal Balance | 190,150.00 |
| Percent | 0.010% |
| Nevada (NV) | |
| Principal Balance | 60,746,985.00 |
| Percent | 3.050% |
| New Hampshire (NH) | |
| Principal Balance | 2,068,823.00 |
| Percent | 0.100% |
| New Jersey (NJ) | |
| Principal Balance | 41,702,859.00 |
| Percent | 2.100% |
| New Mexico (NM) | |
| Principal Balance | 1,693,496.00 |
| Percent | 0.090% |
| New York (NY) | |
| Principal Balance | 40,579,288.00 |
| Percent | 2.040% |
| North Carolina (NC) | |
| Principal Balance | 9,823,980.00 |
| Percent | 0.490% |
| Ohio (OH) | |
| Principal Balance | 6,909,716.00 |
| Percent | 0.350% |
| Oklahoma (OK) | |
| Principal Balance | 280,810.00 |
| Percent | 0.010% |
| Oregon (OR) | |
| Principal Balance | 15,015,587.00 |
| Percent | 0.750% |
| Pennsylvania (PA) | |
| Principal Balance | 8,034,610.00 |
| Percent | 0.400% |
| Rhode Island (RI) | |
| Principal Balance | 2,823,849.00 |
| Percent | 0.140% |
| South Carolina (SC) | |
| Principal Balance | 4,634,660.00 |
| Percent | 0.230% |
| South Dakota (SD) | |
| Principal Balance | 642,700.00 |
| Percent | 0.030% |
| Tennessee (TN) | |
| Principal Balance | 5,865,428.00 |
| Percent | 0.290% |
| Texas (TX) | |
| Principal Balance | 11,501,884.00 |
| Percent | 0.580% |
| Utah (UT) | |
| Principal Balance | 4,274,567.00 |
| Percent | 0.210% |
| Vermont (VT) | |
| Principal Balance | 170,876.00 |
| Percent | 0.010% |
| Virginia (VA) | |
| Principal Balance | 77,758,731.00 |
| Percent | 3.910% |
| Washington (WA) | |
| Principal Balance | 34,927,002.00 |
| Percent | 1.760% |
| Wisconsin (WI) | |
| Principal Balance | 2,694,420.00 |
| Percent | 0.140% |
| Wyoming (WY) | |
| Principal Balance | 973,200.00 |
| Percent | 0.050% |
| Total | |
| Principal Balance | 1,989,063,547.00 |
| Percent | 100.000% |
| Documentation Type | |
| Progressive Series Program (Limited Stated Documentation) | |
| Principal Balance | 1,186,603,112.00 |
| Percent | 59.660% |
| Progressive Series Program (Full Documenatation) | |
| Principal Balance | 299,004,797.00 |
| Percent | 15.030% |
| Progressive Express Program Verified Assets | |
| Principal Balance | 222,466,703.00 |
| Percent | 11.180% |
| Progressive Express No Doc Program (No Documentation) | |
| Principal Balance | 157,908,147.00 |
| Percent | 7.940% |
| Progressive Series Programm Stated Income/Stated Assets Documentation | |
| Principal Balance | 52,906,085.00 |
| Percent | 2.660% |
| Progressive Express Program (Non Verified Assets) | |
| Principal Balance | 37,896,922.00 |
| Percent | 1.910% |
| Progressive Series Program (Alternative Documentation) | |
| Principal Balance | 23,945,512.00 |
| Percent | 1.200% |
| Progressive Express Program No Doc Program (Verified Assets) | |
| Principal Balance | 6,869,855.00 |
| Percent | 0.350% |
| Progressive Series Program (Full Income/Stated Assets Documentation) | |
| Principal Balance | 1,462,413.00 |
| Percent | 0.070% |
| Total | |
| Principal Balance | 1,989,063,547.00 |
| Percent | 100.000% |
| Risk Category | |
| A+ | |
| Principal Balance | 1,034,373,094.00 |
| Percent | 52% |
| A | |
| Principal Balance | 831,810,036.00 |
| Percent | 41.82% |
| A- | |
| Principal Balance | 30,665,976.00 |
| Percent | 1.54% |
| ALTB,A | |
| Principal Balance | 24,080,819.00 |
| Percent | 1.21% |
| ALTB,A- | |
| Principal Balance | 2,281,560.00 |
| Percent | 0.110% |
| B | |
| Principal Balance | 487,664.00 |
| Percent | 0.020% |
| C | |
| Principal Balance | 211,401.00 |
| Percent | 0.010% |
| Progressive Express TM I | |
| Principal Balance | 44,863,817.00 |
| Percent | 2.260% |
| Progressive Express TM II | |
| Principal Balance | 18,011,323.00 |
| Percent | 0.910% |
| Progressive Express TM III | |
| Principal Balance | 1,464,856.00 |
| Percent | 0.070% |
| Progressive Express TM IV | |
| Principal Balance | 442,590.00 |
| Percent | 0.020% |
| Progressive Express TM VI | |
| Principal Balance | 370,410.00 |
| Percent | 0.020% |
| Total | |
| Principal Balance | 1,989,063,547.00 |
| Percent | 100.000% |
| Product Type | |
| 30 Yr Fixed | |
| Principal Balance | 117,852,921.00 |
| Percent | 5.930% |
| 15 Yr Fixed | |
| Principal Balance | 4,148,323.00 |
| Percent | 0.210% |
| 20 Yr Fixed | |
| Principal Balance | 1,664,653.00 |
| Percent | 0.080% |
| 30/15 Fixed Ballon | |
| Principal Balance | 37,784,225.00 |
| Percent | 1.900% |
| 20 Yr Fixed - IO | |
| Principal Balance | 67,990.00 |
| Percent | 0.000% |
| 15 Yr Fixed - IO | |
| Principal Balance | 918,126.00 |
| Percent | 0.050% |
| 30 Yr Fixed - IO | |
| Principal Balance | 173706503 |
| Percent | 8.730% |
| 30Y LIBIM | |
| Principal Balance | 2,744,981.00 |
| Percent | 0.140% |
| 30Y LIBIM - IO | |
| Principal Balance | 23,577,069.00 |
| Percent | 1.190% |
| 30Y LIB6M | |
| Principal Balance | 8,572,515.00 |
| Percent | 0.430% |
| 30Y LIB6M - IO | |
| Principal Balance | 105,632,902.00 |
| Percent | 5.310% |
| 30Y LIBI2M | |
| Principal Balance | 17,120,576.00 |
| Percent | 0.860% |
| 30Y LIBI2M - IO | |
| Principal Balance | 241,666,255.00 |
| Percent | 12.150% |
| 2/28 LIB6M - IO | |
| Principal Balance | 802,977,115.00 |
| Percent | 40.370% |
| 2/28 LIBI2M | |
| Principal Balance | 487,540.00 |
| Percent | 0.020% |
| 2/28 LIBI2M - IO | |
| Principal Balance | 475,000.00 |
| Percent | 0.020% |
| 3/27 LIB6M | |
| Principal Balance | 13,405,897.00 |
| Percent | 0.670% |
| 3/27 LIB6M - IO | |
| Principal Balance | 330,200.00 |
| Percent | 0.020% |
| 5/25 LIB6M | |
| Principal Balance | 35,472,017.00 |
| Percent | 1.780% |
| 5/25 LIB6M - IO | |
| Principal Balance | 157,650,202.00 |
| Percent | 7.930% |
| Total | |
| Principal Balance | 1,989,063,547.00 |
| Percent | 100.000% |
| Servicer | |
| Countrywide Home Loans Servicing LP | |
| GMAC Mortgage Corporation | |
| Maximum Mortgage Rate | |
| Weighted Average Maximum Mortgage Rate | 12.62% |