SECURITIES AND EXCHANGE COMMISSION

                            Washington, D.C. 20549

                                   FORM 8-K

                                CURRENT REPORT

                    Pursuant to Section 13 or 15(d) of the

                        Securities Exchange Act of 1934

      Date of Report (Date of earliest event reported): November 25, 2005

                                       CW

                                  (Depositor)

     (Issuer in respect of CHL Mortgage Pass-Through Trust, Series 2005-20)

                (Exact name of registrant as specified in charter)

Delaware                      33-63714                      95-4449516
(State or other               (Commission File No.)         (I.R.S. Employer
    jurisdiction of                                         Identification No.)
    organization)



, , N/A                                                     91110-7137
(Address of principal executive offices)                    (Zip Code)


Registrant's Telephone Number, including area code: (818)-304-4428

                                 Not Applicable
              (Former name, former address and former fiscal year,
                          if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions.

[]Written communications pursuant to Rule 425 under the Securities Act (17
  CFR 230.425)
[]Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
  CFR 240.14a-12)
[]Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
  Act (17 CFR 240.14d-2(b))
[]Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
  Act (17 CFR 240.13e-4(c))


<PAGE>


                    Section 8 - Other Events

  Item 8.01  Other Events

                    Section 9 - Financial Statements and Exhibits

  Item 9.01  Financial Statements and Exhibits


<PAGE>



                                   SIGNATURES

Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned thereunto duly authorized.

Dated: November 25, 2005


                                       CW


                          By: /s/ AnnMarie Cassano
                              ------------------------------
                          Name:   AnnMarie Cassano
                                  Assistant Treasurer
                                  The Bank of New York,
                                  as Trustee



<PAGE>



                                 EXHIBIT INDEX



Exhibit


99                  Monthly Remittance Statement dated November 25, 2005


                             Payment Date: 11/25/05


          ------------------------------------------------------------
                             Countrywide Home Loans
                CHL Mortgage Pass-Through Trust, Series 2005-20
          ------------------------------------------------------------
<TABLE>
<CAPTION>

Class Information                                Current Payment Information

----------------------------------------------------------------------------------------------------------------------------------
                                 Beginning       Pass Thru     Principal       Interest      Total           Principal  Interest
Type       Class Code   Name     Cert. Bal.      Rate          Dist. Amt.      Dist. Amt.    Dist.           Losses     Shortfalls
----------------------------------------------------------------------------------------------------------------------------------
<S>        <C>          <C>      <C>             <C>           <C>             <C>           <C>             <C>        <C>
Senior                  A1         19,815,025.59    5.500000%       116,722.36     90,818.87      207,541.23       0.00       0.00
                        A2         12,700,000.00    5.500000%             0.00     58,208.33       58,208.33       0.00       0.00
                        A3         33,813,637.92    5.250000%       121,384.12    147,934.67      269,318.78       0.00       0.00
                        A4         33,812,643.58    5.000000%       121,380.55    140,886.01      262,266.56       0.00       0.00
                        A5         63,015,733.36    5.500000%       933,760.30    288,822.11    1,222,582.41       0.00       0.00
                        A6        125,699,379.54    5.500000%       996,343.07    576,122.16    1,572,465.23       0.00       0.00
                        A7         22,016,308.59    5.250000%        44,133.65     96,321.35      140,455.00       0.00       0.00
                        A8         10,087,691.41    5.250000%             0.00          0.00            0.00       0.00       0.00
                        A9         22,104,000.00    5.750000%             0.00    105,915.00      105,915.00       0.00       0.00
                        A10        10,000,000.00    5.750000%             0.00     47,916.67       47,916.67       0.00       0.00
                        A11        40,000,000.00    5.500000%             0.00    183,333.33      183,333.33       0.00       0.00
                        A12         1,600,000.00    5.500000%             0.00      7,333.33        7,333.33       0.00       0.00
                        A13         4,610,860.23    5.500000%             0.00     21,133.11       21,133.11       0.00       0.00
                        PO          1,206,982.91    0.000000%        10,177.75          0.00       10,177.75       0.00       0.00
Residual                AR                  0.00    5.500000%             0.00          0.07            0.07       0.00       0.00
----------------------------------------------------------------------------------------------------------------------------------
Subordinate             M           9,551,899.83    5.500000%         8,840.56     43,779.54       52,620.10       0.00       0.00
                        B1          2,699,449.95    5.500000%         2,498.42     12,372.48       14,870.90       0.00       0.00
                        B2          1,245,899.98    5.500000%         1,153.12      5,710.37        6,863.49       0.00       0.00
                        B3            830,599.99    5.500000%           768.74      3,806.92        4,575.66       0.00       0.00
                        B4            622,949.99    5.500000%           576.56      2,855.19        3,431.75       0.00       0.00
                        B5            623,488.92    5.500000%           577.06      2,857.66        3,434.71       0.00       0.00
----------------------------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------------------------
Totals          -        -        512,156,691.55     -            2,358,316.26  1,836,127.17    4,194,443.43     -          -
----------------------------------------------------------------------------------------------------------------------------------
Class Information

--------------------------------------------------------------------------------
                                             Ending Cert.          Unpaid
Type             Class Code     Name         Notional Bal.         Interest
--------------------------------------------------------------------------------
Senior                          A1         19,698,303.22              0.00
                                A2         12,700,000.00              0.00
                                A3         33,692,253.81              0.00
                                A4         33,691,263.03              0.00
                                A5         62,081,973.05              0.00
                                A6        124,703,036.46              0.00
                                A7         21,972,174.94              0.00
                                A8         10,131,825.06              0.00
                                A9         22,104,000.00              0.00
                                A10        10,000,000.00              0.00
                                A11        40,000,000.00              0.00
                                A12         1,600,000.00              0.00
                                A13         4,594,308.18              0.00
                                PO          1,196,805.16              0.00
Residual                        AR                  0.00              0.00
--------------------------------------------------------------------------------
Subordinate                     M           9,543,059.27              0.00
                                B1          2,696,951.53              0.00
                                B2          1,244,746.86              0.00
                                B3            829,831.24              0.00
                                B4            622,373.43              0.00
                                B5            622,911.86              0.00
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Totals            -              -        509,842,508.94     -
--------------------------------------------------------------------------------

</TABLE>
<PAGE>
                             Payment Date: 11/25/05


          ------------------------------------------------------------
                             Countrywide Home Loans
                CHL Mortgage Pass-Through Trust, Series 2005-20
          ------------------------------------------------------------
<TABLE>
<CAPTION>

Class Information                                Current Payment Information

                                                      Factors per $1,000

------------------------------------------------------------------------------------------------------------------------
                                   Beginning     Pass Thru    CUSIP       Principal     Interest    Ending Cert./
Type        Class Code    Name   Cert. Bal.(Face)  Rate       Numbers       Dist.         Dist.     Notional Bal.
------------------------------------------------------------------------------------------------------------------------
<S>         <C>           <C>    <C>               <C>        <C>         <C>           <C>         <C>
------------------------------------------------------------------------------------------------------------------------
Senior                     A1     19,815,025.59     5.500000% 126694EY0     5.836118      4.540943    984.915161
                           A2     12,700,000.00     5.500000% 126694EZ7     0.000000      4.583333  1,000.000000
                           A3     33,813,637.92     5.250000% 126694FA1     3.569491      4.350252    990.773799
                           A4     33,812,643.58     5.000000% 126694FB9     3.569491      4.143097    990.773799
                           A5     63,015,733.36     5.500000% 126694FC7    14.365543      4.443417    955.107278
                           A6    125,699,379.54     5.500000% 126694FD5     7.804233      4.512694    976.783636
                           A7     22,016,308.59     5.250000% 126694FN3     1.996636      4.357643    994.036145
                           A8     10,087,691.41     5.250000% 126694FP8     0.000000      0.000000  1,013.182506
                           A9     22,104,000.00     5.750000% 126694FQ6     0.000000      4.791667  1,000.000000
                           A10    10,000,000.00     5.750000% 126694FR4     0.000000      4.791667  1,000.000000
                           A11    40,000,000.00     5.500000% 126694FS2     0.000000      4.583333  1,000.000000
                           A12     1,600,000.00     5.500000% 126694FT0     0.000000      4.583333  1,000.000000
                           A13     4,610,860.23     5.500000% 126694FU7     0.000000      4.557408    990.773993
                           PO      1,206,982.91     0.000000% 126694FE3     8.388068      0.000000    986.356046
Residual                   AR              0.00     5.500000% 126694FF0     0.000000      0.748230      0.000000
------------------------------------------------------------------------------------------------------------------------
Subordinate                M       9,551,899.83     5.500000% 126694FG8     0.923972      4.575621    997.393319
                           B1      2,699,449.95     5.500000% 126694FH6     0.923972      4.575621    997.393319
                           B2      1,245,899.98     5.500000% 126694FJ2     0.923972      4.575621    997.393319
                           B3        830,599.99     5.500000% 126694FK9     0.923972      4.575621    997.393319
                           B4        622,949.99     5.500000% 126694FL7     0.923972      4.575621    997.393319
                           B5        623,488.92     5.500000% 126694FM5     0.923972      4.575621    997.393362
------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------
Totals       -             -     512,156,691.55       -            -           -             -           -
------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------
</TABLE>


<PAGE>

          ------------------------------------------------------------
                             Countrywide Home Loans
                CHL Mortgage Pass-Through Trust, Series 2005-20
          ------------------------------------------------------------

--------------------------------------------------------------------------------
                             COLLATERAL INFORMATION
--------------------------------------------------------------------------------

                                           Total
                                           -----
Prin balance       409,131,508.91   409,131,508.91
Loan count                    782              782
Avg loan rate           5.921198%             5.92
Prepay amount        1,933,236.94     1,933,236.94

--------------------------------------------------------------------------------
                                FEES AND ADVANCES
--------------------------------------------------------------------------------

                                           Total
                                           -----
Master serv fees        65,333.48        65,333.48
Sub servicer fees       78,288.77        78,288.77
Trustee fees             3,085.84         3,085.84


Agg advances                  N/A              N/A
Adv this period         32,701.65        32,701.65

--------------------------------------------------------------------------------
                          LOSSES & INSURANCE COVERAGES
--------------------------------------------------------------------------------

                                           Total
                                           -----
Realized losses              0.00             0.00
Cumulative losses            0.00             0.00

Coverage Amounts                           Total
----------------                           -----
Bankruptcy                   0.00             0.00
Fraud                8,320,000.00     8,320,000.00
Special Hazard               0.00             0.00


                         Aggregate Certificate Information
   -----------------------------------------------------------------------------
   Class            Aggregate           Aggregate                     Aggregate
   Type            Percentage           Prepay Pct.              End Cert. Bal.
   -----------------------------------------------------------------------------
   Senior           96.961806%           100.000000%            496,582,402.89
   -----------------------------------------------------------------------------
   Junior            3.038194%             0.000000%             15,559,874.20
   -----------------------------------------------------------------------------

--------------------------------------------------------------------------------
                          DELINQUENCY INFORMATION
--------------------------------------------------------------------------------
Period                             Loan Count    Ending Stated Balance
------                             ----------    ---------------------
30 to 59 days                          10                 5,546,096.75
60 to 89 days                           0                         0.00
90 or more                              0                         0.00
Foreclosure                             0                         0.00

Totals:                                10                 5,546,096.75
--------------------------------------------------------------------------------


<PAGE>
--------------------------------------------------------------------------------
                                REO INFORMATION
--------------------------------------------------------------------------------
   REO Date        Loan Number     Ending Stated Balance          Book Value
   --------        -----------     ---------------------          ----------
   N/A              #                   0                            N/A
   N/A              #                   0                            N/A
   N/A              #                   0                            N/A
   N/A              #                   0                            N/A
   N/A              #                   0                            N/A
   N/A              #                   0                            N/A
   N/A              #                   0                            N/A
   N/A              #                   0                            N/A
   Totals:                              0                            N/A

Current Total Outstanding Balance:                                      0.00
Current Total Outstanding Number of Loans:                                 0



<PAGE>
--------------------------------------------------------------------------------
                               OTHER INFORMATION
--------------------------------------------------------------------------------
                                  Amount/Withdrawal     Total/Ending Bal.
                                  -----------------     -----------------
Available remittance amount            4,194,443.43          4,194,443.43
Principal remittance amount            2,358,316.26          2,358,316.26
Interest remittance amount             1,836,127.17          1,836,127.17
[{"type": "8-K", "sequence": "1", "filename": "cw0520_8k0511.txt", "secsgml_size_bytes": 19139}]
{"company-data": {"conformed-name": "CHL Mortgage Pass-Through Trust 2005-20", "cik": "0001337571", "assigned-sic": "6189", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "333-125963-07", "film-number": "051236485"}, "business-address": {"street1": "4500 PARK GRANADA", "city": "CALABASAS", "state": "CA", "zip": "91302", "phone": "8183045591"}, "mail-address": {"street1": "4500 PARK GRANADA", "street2": "155 N LAKE AVE", "city": "PASADENA", "state": "CA", "zip": "91302"}}
SECURITIES AND EXCHANGE COMMISSION

                            Washington, D.C. 20549

                                   FORM 8-K

                                CURRENT REPORT

                    Pursuant to Section 13 or 15(d) of the

                        Securities Exchange Act of 1934

      Date of Report (Date of earliest event reported): November 25, 2005

                                       CW

                                  (Depositor)

     (Issuer in respect of CHL Mortgage Pass-Through Trust, Series 2005-20)

                (Exact name of registrant as specified in charter)

Delaware                      33-63714                      95-4449516
(State or other               (Commission File No.)         (I.R.S. Employer
    jurisdiction of                                         Identification No.)
    organization)

, , N/A                                                     91110-7137
(Address of principal executive offices)                    (Zip Code)

Registrant's Telephone Number, including area code: (818)-304-4428

                                 Not Applicable
              (Former name, former address and former fiscal year,
                          if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions.

[]Written communications pursuant to Rule 425 under the Securities Act (17
  CFR 230.425)
[]Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
  CFR 240.14a-12)
[]Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
  Act (17 CFR 240.14d-2(b))
[]Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
  Act (17 CFR 240.13e-4(c))
Section 8 - Other Events

  Item 8.01  Other Events

                    Section 9 - Financial Statements and Exhibits

  Item 9.01  Financial Statements and Exhibits
SIGNATURES

Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned thereunto duly authorized.

Dated: November 25, 2005

                                       CW

                          By: /s/ AnnMarie Cassano
                              ------------------------------
                          Name:   AnnMarie Cassano
                                  Assistant Treasurer
                                  The Bank of New York,
                                  as Trustee
EXHIBIT INDEX

Exhibit

99                  Monthly Remittance Statement dated November 25, 2005

                             Payment Date: 11/25/05

          ------------------------------------------------------------
                             Countrywide Home Loans
                CHL Mortgage Pass-Through Trust, Series 2005-20
          ------------------------------------------------------------
Class Information                                Current Payment Information

----------------------------------------------------------------------------------------------------------------------------------
                                 Beginning       Pass Thru     Principal       Interest      Total           Principal  Interest
Type       Class Code   Name     Cert. Bal.      Rate          Dist. Amt.      Dist. Amt.    Dist.           Losses     Shortfalls
----------------------------------------------------------------------------------------------------------------------------------
Senior                  A1         19,815,025.59    5.500000%       116,722.36     90,818.87      207,541.23       0.00       0.00
                        A2         12,700,000.00    5.500000%             0.00     58,208.33       58,208.33       0.00       0.00
                        A3         33,813,637.92    5.250000%       121,384.12    147,934.67      269,318.78       0.00       0.00
                        A4         33,812,643.58    5.000000%       121,380.55    140,886.01      262,266.56       0.00       0.00
                        A5         63,015,733.36    5.500000%       933,760.30    288,822.11    1,222,582.41       0.00       0.00
                        A6        125,699,379.54    5.500000%       996,343.07    576,122.16    1,572,465.23       0.00       0.00
                        A7         22,016,308.59    5.250000%        44,133.65     96,321.35      140,455.00       0.00       0.00
                        A8         10,087,691.41    5.250000%             0.00          0.00            0.00       0.00       0.00
                        A9         22,104,000.00    5.750000%             0.00    105,915.00      105,915.00       0.00       0.00
                        A10        10,000,000.00    5.750000%             0.00     47,916.67       47,916.67       0.00       0.00
                        A11        40,000,000.00    5.500000%             0.00    183,333.33      183,333.33       0.00       0.00
                        A12         1,600,000.00    5.500000%             0.00      7,333.33        7,333.33       0.00       0.00
                        A13         4,610,860.23    5.500000%             0.00     21,133.11       21,133.11       0.00       0.00
                        PO          1,206,982.91    0.000000%        10,177.75          0.00       10,177.75       0.00       0.00
Residual                AR                  0.00    5.500000%             0.00          0.07            0.07       0.00       0.00
----------------------------------------------------------------------------------------------------------------------------------
Subordinate             M           9,551,899.83    5.500000%         8,840.56     43,779.54       52,620.10       0.00       0.00
                        B1          2,699,449.95    5.500000%         2,498.42     12,372.48       14,870.90       0.00       0.00
                        B2          1,245,899.98    5.500000%         1,153.12      5,710.37        6,863.49       0.00       0.00
                        B3            830,599.99    5.500000%           768.74      3,806.92        4,575.66       0.00       0.00
                        B4            622,949.99    5.500000%           576.56      2,855.19        3,431.75       0.00       0.00
                        B5            623,488.92    5.500000%           577.06      2,857.66        3,434.71       0.00       0.00
----------------------------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------------------------
Totals          -        -        512,156,691.55     -            2,358,316.26  1,836,127.17    4,194,443.43     -          -
----------------------------------------------------------------------------------------------------------------------------------
Class Information

--------------------------------------------------------------------------------
                                             Ending Cert.          Unpaid
Type             Class Code     Name         Notional Bal.         Interest
--------------------------------------------------------------------------------
Senior                          A1         19,698,303.22              0.00
                                A2         12,700,000.00              0.00
                                A3         33,692,253.81              0.00
                                A4         33,691,263.03              0.00
                                A5         62,081,973.05              0.00
                                A6        124,703,036.46              0.00
                                A7         21,972,174.94              0.00
                                A8         10,131,825.06              0.00
                                A9         22,104,000.00              0.00
                                A10        10,000,000.00              0.00
                                A11        40,000,000.00              0.00
                                A12         1,600,000.00              0.00
                                A13         4,594,308.18              0.00
                                PO          1,196,805.16              0.00
Residual                        AR                  0.00              0.00
--------------------------------------------------------------------------------
Subordinate                     M           9,543,059.27              0.00
                                B1          2,696,951.53              0.00
                                B2          1,244,746.86              0.00
                                B3            829,831.24              0.00
                                B4            622,373.43              0.00
                                B5            622,911.86              0.00
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Totals            -              -        509,842,508.94     -
--------------------------------------------------------------------------------
Payment Date: 11/25/05

          ------------------------------------------------------------
                             Countrywide Home Loans
                CHL Mortgage Pass-Through Trust, Series 2005-20
          ------------------------------------------------------------
Class Information                                Current Payment Information

                                                      Factors per $1,000

------------------------------------------------------------------------------------------------------------------------
                                   Beginning     Pass Thru    CUSIP       Principal     Interest    Ending Cert./
Type        Class Code    Name   Cert. Bal.(Face)  Rate       Numbers       Dist.         Dist.     Notional Bal.
------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------
Senior                     A1     19,815,025.59     5.500000% 126694EY0     5.836118      4.540943    984.915161
                           A2     12,700,000.00     5.500000% 126694EZ7     0.000000      4.583333  1,000.000000
                           A3     33,813,637.92     5.250000% 126694FA1     3.569491      4.350252    990.773799
                           A4     33,812,643.58     5.000000% 126694FB9     3.569491      4.143097    990.773799
                           A5     63,015,733.36     5.500000% 126694FC7    14.365543      4.443417    955.107278
                           A6    125,699,379.54     5.500000% 126694FD5     7.804233      4.512694    976.783636
                           A7     22,016,308.59     5.250000% 126694FN3     1.996636      4.357643    994.036145
                           A8     10,087,691.41     5.250000% 126694FP8     0.000000      0.000000  1,013.182506
                           A9     22,104,000.00     5.750000% 126694FQ6     0.000000      4.791667  1,000.000000
                           A10    10,000,000.00     5.750000% 126694FR4     0.000000      4.791667  1,000.000000
                           A11    40,000,000.00     5.500000% 126694FS2     0.000000      4.583333  1,000.000000
                           A12     1,600,000.00     5.500000% 126694FT0     0.000000      4.583333  1,000.000000
                           A13     4,610,860.23     5.500000% 126694FU7     0.000000      4.557408    990.773993
                           PO      1,206,982.91     0.000000% 126694FE3     8.388068      0.000000    986.356046
Residual                   AR              0.00     5.500000% 126694FF0     0.000000      0.748230      0.000000
------------------------------------------------------------------------------------------------------------------------
Subordinate                M       9,551,899.83     5.500000% 126694FG8     0.923972      4.575621    997.393319
                           B1      2,699,449.95     5.500000% 126694FH6     0.923972      4.575621    997.393319
                           B2      1,245,899.98     5.500000% 126694FJ2     0.923972      4.575621    997.393319
                           B3        830,599.99     5.500000% 126694FK9     0.923972      4.575621    997.393319
                           B4        622,949.99     5.500000% 126694FL7     0.923972      4.575621    997.393319
                           B5        623,488.92     5.500000% 126694FM5     0.923972      4.575621    997.393362
------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------
Totals       -             -     512,156,691.55       -            -           -             -           -
------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------
                             Countrywide Home Loans
                CHL Mortgage Pass-Through Trust, Series 2005-20
          ------------------------------------------------------------

--------------------------------------------------------------------------------
                             COLLATERAL INFORMATION
--------------------------------------------------------------------------------

                                           Total
                                           -----
Prin balance       409,131,508.91   409,131,508.91
Loan count                    782              782
Avg loan rate           5.921198%             5.92
Prepay amount        1,933,236.94     1,933,236.94

--------------------------------------------------------------------------------
                                FEES AND ADVANCES
--------------------------------------------------------------------------------

                                           Total
                                           -----
Master serv fees        65,333.48        65,333.48
Sub servicer fees       78,288.77        78,288.77
Trustee fees             3,085.84         3,085.84

Agg advances                  N/A              N/A
Adv this period         32,701.65        32,701.65

--------------------------------------------------------------------------------
                          LOSSES & INSURANCE COVERAGES
--------------------------------------------------------------------------------

                                           Total
                                           -----
Realized losses              0.00             0.00
Cumulative losses            0.00             0.00

Coverage Amounts                           Total
----------------                           -----
Bankruptcy                   0.00             0.00
Fraud                8,320,000.00     8,320,000.00
Special Hazard               0.00             0.00

                         Aggregate Certificate Information
   -----------------------------------------------------------------------------
   Class            Aggregate           Aggregate                     Aggregate
   Type            Percentage           Prepay Pct.              End Cert. Bal.
   -----------------------------------------------------------------------------
   Senior           96.961806%           100.000000%            496,582,402.89
   -----------------------------------------------------------------------------
   Junior            3.038194%             0.000000%             15,559,874.20
   -----------------------------------------------------------------------------

--------------------------------------------------------------------------------
                          DELINQUENCY INFORMATION
--------------------------------------------------------------------------------
Period                             Loan Count    Ending Stated Balance
------                             ----------    ---------------------
30 to 59 days                          10                 5,546,096.75
60 to 89 days                           0                         0.00
90 or more                              0                         0.00
Foreclosure                             0                         0.00

Totals:                                10                 5,546,096.75
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
                                REO INFORMATION
--------------------------------------------------------------------------------
   REO Date        Loan Number     Ending Stated Balance          Book Value
   --------        -----------     ---------------------          ----------
   N/A              #                   0                            N/A
   N/A              #                   0                            N/A
   N/A              #                   0                            N/A
   N/A              #                   0                            N/A
   N/A              #                   0                            N/A
   N/A              #                   0                            N/A
   N/A              #                   0                            N/A
   N/A              #                   0                            N/A
   Totals:                              0                            N/A

Current Total Outstanding Balance:                                      0.00
Current Total Outstanding Number of Loans:                                 0
--------------------------------------------------------------------------------
                               OTHER INFORMATION
--------------------------------------------------------------------------------
                                  Amount/Withdrawal     Total/Ending Bal.
                                  -----------------     -----------------
Available remittance amount            4,194,443.43          4,194,443.43
Principal remittance amount            2,358,316.26          2,358,316.26
Interest remittance amount             1,836,127.17          1,836,127.17