Deal Name : Impac Secured Assets Corp. 2006-3 |
|
Name |
Total/Aggregate |
Pool Name |
Aggregate |
Mortgage Rates/Interest Rates |
|
Weighted Average Mortgage Rates (Interest Rates) |
7.456% |
Weighted Average Mortgage Rates Range (Low) |
4.625% |
Weighted Average Mortgage Rates Range (High) |
16.000% |
Weighted Average Next Adjustment Date |
57 Months |
% of Loans with Prepayment Charges |
58.690% |
Margin |
|
Weighted Average Margin (applies to ARM loans only) |
3.110% |
Principal Balances (at Cut-off Date) |
|
Number of Loans |
7179 |
Aggregate Mortgage Principal Balance |
1,993,954,670.00 |
Average Mortgage Loan Principal Balance |
277,748.00 |
Lowest Mortgage Loan Principal Balance |
19,987.00 |
Highest Mortgage Loan Principal Balance |
1,980,000.00 |
Original Principal Balances (at Origination Date) |
|
Average Original Principal Balance |
278,104.00 |
Property Type |
|
Single Family Residence |
|
Principal Balance |
1,156,183,092.00 |
Percent |
57.980% |
Condo |
|
Principal Balance |
195,968,018.00 |
Percent |
9.830% |
2-4 Family |
|
Principal Balance |
10,470,045.00 |
Percent |
0.530% |
PUD (Planned Unit Development |
|
Principal Balance |
194,644,766.00 |
Percent |
9.760% |
Diminimus Planned Unit Development |
|
Principal Balance |
173,668,470.00 |
Percent |
8.710% |
2- Family |
|
Principal Balance |
103,300,842.00 |
Percent |
5.180% |
3- Family |
|
Principal Balance |
56,368,765.00 |
Percent |
2.830% |
Hi-Rise |
|
Principal Balance |
44,868,097.00 |
Percent |
2.250% |
4 - Family |
|
Principal Balance |
42,268,570.00 |
Percent |
2.120% |
Townhouse |
|
Principal Balance |
14,185,600.00 |
Percent |
0.710% |
Condotel |
|
Principal Balance |
2,028,407.00 |
Percent |
0.100% |
Total |
|
Principal Balance |
1,993,954,670.00 |
Percent |
100.000% |
Loan Purpose |
|
Purchase |
|
Principal Balance |
1,224,046,654.00 |
Percent |
61.390% |
RCO |
|
Principal Balance |
568,760,925.00 |
Percent |
28.520% |
RNC |
|
Principal Balance |
201,147,091.00 |
Percent |
10.090% |
Total |
|
Principal Balance |
1,993,954,670.00 |
Percent |
100.000% |
Occupancy Status |
|
Primary |
|
Principal Balance |
1,526,656,319.00 |
Percent |
76.560% |
Secondary |
|
Principal Balance |
87,583,166.00 |
Percent |
4.390% |
Investor |
|
Principal Balance |
379,715,815.00 |
Percent |
19.040% |
Total |
|
Principal Balance |
1,993,954,670.00 |
Percent |
100.000% |
Loan-To-Value |
|
Weighted Average Loan-to-Value |
75.900% |
Loan-to-Value Range (Low) |
11.250% |
Loan-to-Value Range (High) |
100.000% |
FICO |
|
Weighted Average FICO (credit score) |
698 |
Debt-To-Income |
|
Weighted Average Debt-to-Income |
38.84% |
WARM |
|
Weighted Average Remaining Term to Maturity (months) |
351.00 |
Geographic Distribution |
|
Alabama (AL) |
|
Principal Balance |
5,534,039.00 |
Percent |
0.280% |
Alaska (AK) |
|
Principal Balance |
276,000.00 |
Percent |
0.100% |
Arizona (AZ) |
|
Principal Balance |
68,723,690.00 |
Percent |
3.450% |
Arkansas (AR) |
|
Principal Balance |
862,810.00 |
Percent |
0.040% |
California (CA) |
|
Principal Balance |
987,315,243.00 |
Percent |
49.520% |
Colorado (CO) |
|
Principal Balance |
23,080,611.00 |
Percent |
1.160% |
Connecticut (CT) |
|
Principal Balance |
18,535,586.00 |
Percent |
0.930% |
Delaware (DE) |
|
Principal Balance |
673,210.00 |
Percent |
0.030% |
District of Columbia (DC) |
|
Principal Balance |
6,735,069.00 |
Percent |
0.340% |
Florida (FL) |
|
Principal Balance |
274,865,100.00 |
Percent |
13.780% |
Georgia (GA) |
|
Principal Balance |
21,717,407.00 |
Percent |
1.090% |
Hawaii (HI) |
|
Principal Balance |
15,224,127.00 |
Percent |
0.760% |
Idaho (ID) |
|
Principal Balance |
3,524,155.00 |
Percent |
0.180% |
Illinois (IL) |
|
Principal Balance |
47,413,346.00 |
Percent |
2.380% |
Indiana (IN) |
|
Principal Balance |
3,545,190.00 |
Percent |
0.180% |
Kansas (KS) |
|
Principal Balance |
209,763.00 |
Percent |
0.010% |
Kentucky (KY) |
|
Principal Balance |
1,014,162.00 |
Percent |
0.050% |
Louisiana (LA) |
|
Principal Balance |
588,633.00 |
Percent |
0.030% |
Maine (ME) |
|
Principal Balance |
1,477,680.00 |
Percent |
0.070% |
Maryland (MD) |
|
Principal Balance |
68,386,667.00 |
Percent |
3.430% |
Massachusetts (MA) |
|
Principal Balance |
20,155,325.00 |
Percent |
1.010% |
Michigan (MI) |
|
Principal Balance |
5,489,627.00 |
Percent |
0.280% |
Minnesota (MN) |
|
Principal Balance |
12,240,694.00 |
Percent |
0.610% |
Mississippi (MS) |
|
Principal Balance |
945,254.00 |
Percent |
0.050% |
Missouri (MO) |
|
Principal Balance |
3,039,617.00 |
Percent |
0.150% |
Nevada (NV) |
|
Principal Balance |
62,204,945.00 |
Percent |
3.120% |
New Hampshire (NH) |
|
Principal Balance |
2,735,112.00 |
Percent |
0.140% |
New Jersey (NJ) |
|
Principal Balance |
57,358,909.00 |
Percent |
2.880% |
New Mexico (NM) |
|
Principal Balance |
2,499,226.00 |
Percent |
0.130% |
New York (NY) |
|
Principal Balance |
100,132,534.00 |
Percent |
5.020% |
North Carolina (NC) |
|
Principal Balance |
7,527,365.00 |
Percent |
0.380% |
Ohio (OH) |
|
Principal Balance |
3,561,966.00 |
Percent |
0.180% |
Oklahoma (OK) |
|
Principal Balance |
1,055,787.00 |
Percent |
0.050% |
Oregon (OR) |
|
Principal Balance |
12,893,388.00 |
Percent |
0.650% |
Pennsylvania (PA) |
|
Principal Balance |
9,693,749.00 |
Percent |
0.490% |
Rhode Island (RI) |
|
Principal Balance |
3,217,522.00 |
Percent |
0.160% |
South Carolina (SC) |
|
Principal Balance |
4,430,290.00 |
Percent |
0.220% |
South Dakota (SD) |
|
Principal Balance |
100,000.00 |
Percent |
0.010% |
Tennessee (TN) |
|
Principal Balance |
1,485,795.00 |
Percent |
0.070% |
Texas (TX) |
|
Principal Balance |
13,650,455.00 |
Percent |
0.680% |
Utah (UT) |
|
Principal Balance |
6,044,621.00 |
Percent |
0.300% |
Vermont (VT) |
|
Principal Balance |
605,637.00 |
Percent |
0.030% |
Virginia (VA) |
|
Principal Balance |
78,027,893.00 |
Percent |
3.910% |
Washington (WA) |
|
Principal Balance |
33,549,079.00 |
Percent |
1.680% |
West Virginia (WV) |
|
Principal Balance |
302,800.00 |
Percent |
0.020% |
Wisconsin (WI) |
|
Principal Balance |
1,304,596.00 |
Percent |
0.070% |
Total |
|
Principal Balance |
1,993,954,670.00 |
Percent |
100.000% |
Documentation Type |
|
Limited (Stated) Documentation |
|
Principal Balance |
1,335,172,945.00 |
Percent |
66.960% |
Verified Assets |
|
Principal Balance |
239,752,129.00 |
Percent |
12.020% |
Full Documentation |
|
Principal Balance |
193,181,283.00 |
Percent |
9.690% |
Stated Income/Stated Assets Documentation |
|
Principal Balance |
102,352,845.00 |
Percent |
5.130% |
No Documentation |
|
Principal Balance |
76,093,434.00 |
Percent |
3.820% |
Non Verified Assets |
|
Principal Balance |
39,829,974.00 |
Percent |
2.000% |
Full Income/Stated Assets Documentation |
|
Principal Balance |
2,686,613.00 |
Percent |
0.130% |
No Verified Assets |
|
Principal Balance |
2,365,410.00 |
Percent |
0.120% |
Alternative Documentation |
|
Principal Balance |
1,579,755.00 |
Percent |
0.080% |
No Income/No Asset Documentation |
|
Principal Balance |
940,283.00 |
Percent |
0.050% |
Total |
|
Principal Balance |
1,993,954,670.00 |
Percent |
100.000% |
Risk Category |
|
A+ |
|
Principal Balance |
1,010,947,331.00 |
Percent |
50.70% |
A |
|
Principal Balance |
708,687,491.00 |
Percent |
35.54% |
Progressive Express I |
|
Principal Balance |
174,223,482.00 |
Percent |
8.74% |
Progressive Express II |
|
Principal Balance |
76,092,057.00 |
Percent |
3.82% |
A- |
|
Principal Balance |
17,794,103.00 |
Percent |
0.890% |
Progressive Express III |
|
Principal Balance |
3,774,599.00 |
Percent |
0.190% |
Progressive Express VI |
|
Principal Balance |
1,111,995.00 |
Percent |
0.060% |
Progressive Express IV |
|
Principal Balance |
737,618.00 |
Percent |
0.040% |
CX |
|
Principal Balance |
383,072.00 |
Percent |
0.020% |
Progressive Express V |
|
Principal Balance |
202,923.00 |
Percent |
0.010% |
Total |
|
Principal Balance |
1,993,954,670.00 |
Percent |
100.000% |
Product Type |
|
15Yr Fixed |
|
Principal Balance |
10,394,818.00 |
Percent |
0.520% |
20Yr Fixed |
|
Principal Balance |
386,671.00 |
Percent |
0.020% |
30Yr Fixed |
|
Principal Balance |
142,610,447.00 |
Percent |
7.150% |
40/30 Fixed Balloon |
|
Principal Balance |
10,667,619.00 |
Percent |
0.540% |
30/15 Fixed Balloon |
|
Principal Balance |
62,425,944.00 |
Percent |
3.130% |
30/15 Fixed Balloon - IO |
|
Principal Balance |
2,326,489.00 |
Percent |
0.120% |
15Yr Fixed - IO |
|
Principal Balance |
1320150 |
Percent |
0.070% |
30Yr Fixed - IO |
|
Principal Balance |
146,240,622.00 |
Percent |
7.330% |
30Y LIB1M |
|
Principal Balance |
272,775.00 |
Percent |
0.010% |
30Y LIB1M - IO |
|
Principal Balance |
1,583,670.00 |
Percent |
0.080% |
30Y LIB6M |
|
Principal Balance |
829,683.00 |
Percent |
0.040% |
30Y LIB6M - IO |
|
Principal Balance |
7,361,548.00 |
Percent |
0.370% |
30Y LIB12M |
|
Principal Balance |
352,992.00 |
Percent |
0.020% |
30Y LIB12M - IO |
|
Principal Balance |
6,844,177.00 |
Percent |
0.340% |
2/28 LIB6M |
|
Principal Balance |
11,166,935.00 |
Percent |
0.560% |
2/28 LIB6M 40/30 Balloon |
|
Principal Balance |
602,413.00 |
Percent |
0.030% |
2/28 LIB6M - IO |
|
Principal Balance |
38,208,443.00 |
Percent |
1.920% |
3/27 LIB6M |
|
Principal Balance |
7,892,731.00 |
Percent |
0.400% |
3/27 LIB6M 40/30 Balloon |
|
Principal Balance |
5,462,219.00 |
Percent |
0.270% |
3/27 LIB6M - IO |
|
Principal Balance |
104,197,737.00 |
Percent |
5.230% |
Total |
|
Principal Balance |
1,993,954,670.00 |
Percent |
100.000% |
Servicer |
|
Countrywide Home Loans Servicing LP |
|
Originator |
|
Impac Funding Corporation |
|
Maximum Mortgage Rate |
|
Weighted Average Maximum Mortgage Rate |
12.93% |