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$[598,330,291

]

SASCO 2006-RM1
STRUCTURED ASSET SECURITIES CORPORATION
REVERSE MORTGAGE LOAN TRUST 2006-RM1 MORTGAGE B ACKED NOTES

Lehman Brothers Holdings Inc. (Seller) Structured Asset Securities Corporation (Depositor) SASCO 2006-RM1 (Issuer) Citibank, N.A. (Indenture Trustee) Offering Method 144A Private Placement Issuance

CONFIDENTIAL: FOR DISCUSSION PURPOSES ONLY ALL CLASS SIZES APPROXIMATIONS; ALL TERMS SUBJECT TO CHANGE

This information does not constitute either an offer to sell or a solicitation of an offer to buy any of the securities referred to herein. Offers to sell and solicitations of offers to buy the securities are made only by and this information must be read in conjunction with, the final Prospectus Supplement and the related Prospectus or, if not registered under the securities laws, the final Offering Memorandum (the "Offering Document"). Information contained herein does not purport to be complete and is subject to the same qualifications and assumptions, and should be considered by investors only in the light of the same warnings, lack of assurances and representations and other precautionary matters, as disclosed in the Offering Document. Information regarding the underlying assets has been provided by the issuer of the securities or an affiliate thereof and has not been independently verified by Lehman Brothers Inc. or any affiliate. The analyses contained herein have been prepared on the basis of certain assumptions (including, in certain cases, assumptions specified by the recipient hereof) regarding payments, interest rates, losses and other matters, including, but not limited to, the assumptions described in the Offering Document. Lehman Brothers Inc., and any of its affiliates, make no representation or warranty as to the actual rate or timing of payments on any of the underlying assets or the payments or yield on the securities. This information supersedes any prior versions hereof and will be deemed to be superseded by any subsequent versions (including, with respect to any description of the securities or underlying assets, the information contained in the Offering Document).

LEHMAN B ROTHERS

RESIDENTIAL M ORTGAGE FINANCE

Certificates A1 Floating Rate A-IO Fixed Rate M1 Floating Rate M2 Floating Rate R (3) (1) (2) (3)

Approximate Size ($) [490,000,000] [182,821,637] (1) [85,000,000] [23,330,291] []

Coupon / Margin 1-month LIBOR + []% []% 1-month LIBOR + []% 1-month LIBOR + []% N/A

Est. WAL to Call (yrs.) (2) [4.63] [3.34] (1) [3.76] [2.47] N/A

Est. WAL to Maturity (yrs.) (2) [4.75]

Legal Final Maturity August 25, 2036

Ratings (S&P /Fitch /Moody’s)
AAA / AAA / Aaa AAA / AAA / Aaa AA / AA / NR A / A / NR NR / NR / NR

[3.34] (1) August 25, 2036 [3.76] [2.47] N/A August 25, 2036 August 25, 2036 August 25, 2036

Notional Balance and Modified Duration shown for Class A-IO Notes in lieu of Principal Balance and Average Life, respectively. Based on the Prepayment Assumption. Not offered Class.

A1 [AAA/AAA/Aaa] L + [%]

A-IO [AAA/AAA/Aaa] []%

M1 [AA/AA/NR] L + [%] M2 [A/A/NR] L + [%]

Contacts
Mortgage-Backed Securities Trading:

Matt Miller Sumit Chhabra Joe Kelly Scott Stimpfel Maxine Wolfowitz Kejian Wu

(212) 526-8315 (212) 526-8315 (212) (212) (212) (212) 526-4274 526-5689 526-2751 526-4005

Mortgage-Backed Securities Finance:

Investors are urged to read the final Prospectus Supplement and the related Prospectus, which will be filed with the Securities and Exchange Commission and may be accessed free of charge on the SEC's web site, www.sec.gov. Alternatively, if the offering is not registered under the Securities Act of 1933, as amended, investors should read the final Offering Memorandum. In either case a copy of the final Prospectus Supplement (when complete) or the final Offering Memorandum for unregistered deals (when complete) may be obtained from Lehman Brothers Inc., 745 Seventh Ave., New York, NY 10019, Attn: Fixed Income Syndicate; phone number 212 -526-7000.

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LEHMAN B ROTHERS
Transaction Structure
Structure: Offering Method: Issuer: Originator: Underwriter: Master Servicer: Servicer: Indenture Trustee: Settlement Date: Cut-off Date: ERISA Eligibility: SMMEA Eligibility: Distribution Date: Senior/subordinate bond structure Rule 144A and Regulation S SASCO 2006-RM1

RESIDENTIAL M ORTGAGE FINANCE

Financial Freedom (loans originated October 2004 – June 2006) Lehman Brothers Aurora Loan Services LLC Financial Freedom Citibank, N.A. September [15], 2006 August 1, 2006 All Classes are expected to be ERISA eligible. All Classes are NOT expected to be SMMEA eligible. The 25th day of each month, or if the 25th day is not a business day, on the next succeeding business day, beginning in September 25, 2006 The SASCO transaction will be secured by Cash Account Reverse Mortgage loans and a Funding Account. The Securities will be backed by a pool of [1,558] Cash Account Reverse Mortgage loans having an unpaid balance of approximately [$522,347,535]. All loans are first lien Mortgages. The SASCO 2006-RM1 trust will also have a Funding Account with an initial balance of approximately [$75,982,755], equal to the sum of the available credit line for all mortgage loans as of the Cut-off date. The Servicer will assume each seller’s obligation, as lender, to fund all credit loan draws by the borrowers and other amounts required to service the loans (such amounts are the “Additional Amounts”). The trust will enter into a binding commitment to purchase the Additional Amounts monthly, as they are created, from the Servicer. The Base Prepayment Assumption assumes that prepayments start at 8.00% CPR for borrowers aged 60 – 70, and increase by approximately 1.28% each year to 40.00% CPR for borrowers aged 95. Prepayments are assumed to be at 40% CPR for borrowers aged 95-99; 80% CPR for borrowers aged 100 and older. The SASCO trust will issue Classes A1, A-IO, M1 and M2 (the “Notes”), as well as a Class R Residual Certificate (the Notes, together with the Class R Residual Certificate, are the “Securities”). The Class A1 and Class A-IO Notes will have limited protection by means of the subordination of the Class M1 Notes, Class M2 Notes and excess spread. The Class A1 and Class A-IO Notes will have the preferential right to receive interest due to them and principal (except for the Class A-IO Notes) available for distribution over Classes having a lower priority of distribution. Likewise, the Class M1 Notes will have limited protection by means of the subordination of the Class M2 Notes and excess spread. All of the Notes, other than the Class A-IO Notes, will bear interest at 1-month LIBOR plus a specified margin. The SASCO 2006-RM1 trust will be an Owner Trust that makes a REMIC election.

Underlying Collateral:

Additional Amounts:

Prepayment Assumption:

Securities:

Credit Enhancement:

Interest Rate: Taxation:

Investors are urged to read the final Prospectus Supplement and the related Prospectus, which will be filed with the Securities and Exchange Commission and may be accessed free of charge on the SEC's web site, www.sec.gov. Alternatively, if the offering is not registered under the Securities Act of 1933, as amended, investors should read the final Offering Memorandum. In either case a copy of the final Prospectus Supplement (when complete) or the final Offering Memorandum for unregistered deals (when complete) may be obtained from Lehman Brothers Inc., 745 Seventh Ave., New York, NY 10019, Attn: Fixed Income Syndicate; phone number 212 -526-7000.

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the Trustee will calculate the following amounts: • Funding Amount: This is the amount needed to reimburse the Servicer for advances used to fund Additional Amounts borrowed on the loans. • Interest Shortfall Draw: is equal to the sum of the Aaa Interest Shortfall Amount. the Trustee will be obliged to withdraw from the Funding Account the following amounts: • Funding Amount: payable to the Servicer. without giving effect to future increases in the related credit limit. Class A-IO Redemption Price: Other considerations: Funding Requirements • The Seller shall deposit cash and cash equivalents into a trust account (the “Funding Account”) totaling approximately [$75. 745 Seventh Ave. Attn: Fixed Income Syndicate. • M1 Interest Shortfall Amount: In any period. • Excess Amount: added to the Available Payment Amount as described below. • The amount withdrawn from the Funding Account and paid to the Class M1 and Class M2 Notes as Interest Shortfall Amounts shall not exceed a total of $1.982. Each month.. Additional loans will not be added to the trust. the Class A-IO Redemption Price. if the offering is not registered under the Securities Act of 1933.000. These Additional Amounts represent the credit line draws made by the borrowers. the “Class A-IO Redemption Price” will equal the present value. the M1 Interest Shortfall Amount. • Maximum Funding Amount: Equal to the sum of all of the undrawn amounts of the loans as of the end of the immediately preceding calendar month. Any investment income will be retained by the trust and reinvested in the Funding Account. Each month. the amount. NY 10019. In either case a copy of the final Prospectus Supplement (when complete) or the final Offering Memorandum for unregistered deals (when complete) may be obtained from Lehman Brothers Inc. 4 . over the lifetime of the trust.755]. New York.000. if any. by which the accrued and unpaid interest of the Class A1 and Class A-IO Notes exceeds the Available Payment Amount remaining after rule 2 as described in “Principal and Interest Payments on the Securities” below. the amount.000 and $1. by which the accrued and unpaid interest of the Class M2 Notes exceeds the Available Payment Amount remaining after rule 6 as described in “Principal and Interest Payments on the Securities” below. the amount. (3) the aggregate future loan commitment. • M2 Interest Shortfall Amount: In any period. www. respectively.LEHMAN B ROTHERS Transaction Structure (Continued) Optional Redemption: RESIDENTIAL M ORTGAGE FINANCE On the first Payment Date on which the aggregate ending principal amount of the Notes outstanding is less than ten percent of the initial aggregate principal amount of the Notes (the “Initial Call Date”) and on any date thereafter. as amended. • Excess Amount: In any period. phone number 212 -526-7000. by which the accrued and unpaid interest of the Class M1 Notes exceeds the Available Payment Amount remaining after rule 4 as described in “Principal and Interest Payments on the Securities” below. determined as of the final Payment Date. Additional certificates may not be issued by this trust. Alternatively. the Master Servicer will have the right to purchase all of the property remaining in the Trust for a price equal to the sum of (1) the aggregate outstanding principal amount of the Notes.000.sec. of the remaining payments scheduled to be made on the Class A-IO Notes on subsequent Payment Dates based on the Class Notional Amounts in effect for such subsequent Payment Dates and the Interest Rate for the Class A-IO Notes. if any. if any. of the Funding Account balance (after payment of the Funding Amount) over the Maximum Funding Amount. (2) the amount necessary to pay (a) all unpaid compensation and unreimbursed expenses of the Indenture Trustee. plus interest accrued and unpaid thereon. the Owner Trustee..gov. which will be filed with the Securities and Exchange Commission and may be accessed free of charge on the SEC's web site. • • Investors are urged to read the final Prospectus Supplement and the related Prospectus. • Aaa Interest Shortfall Amount: In any period. and M2 Interest Shortfall Amount. The Funding Account shall fund the borrower advances. the Master Servicer and the Servicer and any other fees and expenses of the Trust and (b) all amounts due Lehman Bank in respect of Additional Amounts. For any Payment Date. investors should read the final Offering Memorandum. and (4) if the Class A-IO Notes are outstanding. The discount rate to be used in determining the present value of the remaining payments will approximate the expected yield to maturity used in pricing the Class A-IO Notes. if any. an amount equal to the excess.

Interest on the Securities other than the Class A-IO Notes and Class R Certificate will be calculated on an Actual/360 basis. Attn: Fixed Income Syndicate. In either case a copy of the final Prospectus Supplement (when complete) or the final Offering Memorandum for unregistered deals (when complete) may be obtained from Lehman Brothers Inc. Indenture Trustee and Servicer. After the Funding Account is reduced to zero.00%] per annum on its Notional Balance. 5 . Beginning in September 2007 and each payment date thereafter.. investors should read the final Offering Memorandum. For any class. beginning on September 25. of the sum of the Unpaid Principal Balance of the loans and the balance of the Funding Account over the total par balance of the Notes at the beginning of any period. M1 and M2 Notes.. and the amounts payable to the Seller to purchase Additional Amounts once the Funding Account is reduced to zero. any remaining amounts. if: a. The Class R Certificates shall not bear interest. New York. • • • • The Available Payment Amount will be distributed each month as follows: 1. 4.sec. Alternatively. 8. to Lehman Bank. as amended. The Overcollateralization Percentage shall equal a fraction. 7. To the Class M2 Notes as principal to its scheduled balance. Each month the Trustee will calculate the “Available Payment Amount” equal to the sum of (i) the collections with respect to the loans. b. 3. the Class A-IO Redemption Price. the balances of the Class M2 and Class M1 Notes are subject to write-down reduction from Applied Loss Amounts as described below. to pay the Owner Trustee Fee ($250 per month). Investors are urged to read the final Prospectus Supplement and the related Prospectus. To the Class M1 Notes as principal to its scheduled balance. To the Class M1 and Class M2 Notes.LEHMAN B ROTHERS • • RESIDENTIAL M ORTGAGE FINANCE Principal and Interest Payments on the Securities Principal and Interest on the Notes will be distributed monthly. to the Class A1. 2006. 2. 9. Interest on the Class A-IO Notes will be calculated on a 30/360 basis. 10. For each payment date beginning in [September 2008] and ending in [August 2011]. with zero-day delay. However. To pay interest to the Class A1 and Class A-IO Notes and. with 24-day delay. any accrued but unpaid interest after the application of the Available Payment Amount (including Interest Shortfall Amounts) shall be added to the balance of that class. until reduced to zero. Total Deferred Amounts for all Notes is equal to zero. reimbursement and indemnification amounts for the Owner Trustee. 5. the Owner Trustee. To pay interest to the Class M1 Notes. the Administrator. if the offering is not registered under the Securities Act of 1933. and To the Class R Certificate. The Class A-IO Notes will receive interest at a fixed rate of [5. and the denominator of which is equal to the total par balance of the Notes at the beginning of any period. 13. Its Notional Balance will be based on a fixed schedule. To pay interest to the Class M2 Notes. 745 Seventh Ave. (ii) the purchase price of any loan that was repurchased from the Trust during the related collection period and (iii) the Excess Amount. To the Class A1 Notes as principal to its scheduled balance. less the Servicing Fee.gov. any Deferred Amounts. sequentially. as principal. phone number 212 -526-7000. in the case of the Class A-IO Notes and the final payment date only. 11. in an amount equal to all Additional Amounts created during the immediately preceding calendar month. 12. if any. and The Overcollateralization Percentage for the most recent Trigger Test Date specified in the Class R Certificate Schedule exceeds the OC Trigger Level for that Trigger Test Date. Sequentially. NY 10019. which will be filed with the Securities and Exchange Commission and may be accessed free of charge on the SEC's web site. www. until reduced to zero. To pay any reimbursement amounts payable to the Indenture Trustee. until reduced to zero. until reduced to zero. the numerator of which is equal to the excess. the lesser of (i) 50% of the Available Payment Amount remaining and (ii) the Monthly Payment A mount shown in the Class R Certificate Schedule below. the Master Servicer and the Servicer. 6. to the Class R Certificate.

which will be filed with the Securities and Exchange Commission and may be accessed free of charge on the SEC's web site. the property value depreciates significantly or the adjustable mortgage interest rate increases significantly. Losses are allocated in the following order: excess spread. any Class remaining with an outstanding balance at the termination of the trust shall be reduced to zero at that time. The Cash Account loans have a credit line feature. The Class A1 and Class A -IO Notes will have the preferential right to receive interest due to them and principal (except for the Class A-IO Notes) available for distribution over Classes having a lower priority of distribution. as amended. However. Attn: Fixed Income Syndicate. Deferred Amounts shall not bear interest. www. Any Applied Loss Amounts allocated to the Class M1 or Class M2 Notes will become Deferred A mounts (as defined herein). The loans do not require any monthly payments from the borrower. all loans are non-recourse. up to a specified limit. 745 Seventh Ave. The allocation of losses to a class will result in a write-down of its principal amount and is referred to as an “Applied Loss Amount. Investors are urged to read the final Prospectus Supplement and the related Prospectus. the Class M2 Notes. Like other reverse mortgages. the Class M1 Notes will have limited protection by means of the subordination of the Class M2 Notes and excess spread.. and then to the Class M1 Notes. The loans are open-ended. NY 10019. None of the Loans have contingent interest (i. Likewise. maturity occurs at time of death. which gives the borrower the option to borrow additional amounts over time. Credit Enhancement Subordination The Class A1 and Class A-IO Notes will have limited protection by means of the subordination of the Class M1 Notes.sec.” The Applied Loss Amount for any period on or after September 2007 will be equal to the exc ess. Class M2 Notes and excess spread. investors should read the final Offering Memorandum. This can happen if one or more of the following occurs: the borrower lives in the house longer than expected. 6 . if the offering is not registered under the Securities Act of 1933. The Class A1 Note balance shall not be reduced by Applied Loss Amounts. equal to a 6-month LIBOR base index plus a margin. New York. the “Deferred Amount” for the Class M1 and Class M2 Notes will be equal to the amount by which (x) the aggregate of Applied Loss Amounts previously applied in reduction of the Class Principal Amounts thereof exceed (y) the aggregate of amounts previously distributed in r eimbursement thereof. of the Unpaid Principal Balance of the Bonds at the end of the period over the sum of the Unpaid Principal Balance of the Collateral and the balance of the Funding Account at the end of the same period. move-out or voluntary prepayment and not at a fixed point in time.LEHMAN B ROTHERS Other Definitions Losses RESIDENTIAL M ORTGAGE FINANCE “Crossover Risk” is the major risk affecting reverse mortgage investors : the risk that the unpaid balance of a reverse mortgage grows larger than the value of the property securing it. Collateral Cash Account Loans • • • • Cash Account loans accrue at an adjustable rate. Alternatively. Deferred Amounts With respect to each Payment Date on or after September 2007. the home acts as the only form of collateral. In either case a copy of the final Prospectus Supplement (when complete) or the final Offering Memorandum for unregistered deals (when complete) may be obtained from Lehman Brothers Inc.. appreciation or equity sharing) features. phone number 212 -526-7000.e. if any.gov.

Unlike traditional mortgages. the Servicer will advance the payments for repairs and maintenance to maintain property value. Financial Freedom is headquartered in Irvine. including costs associated with foreclosing the property. but also to initiate any necessary enforcement or judicial proceedings. Alternatively. The Servicer’s primary focus is to send payments to the borrowers and collect amounts due under the Mortgage Loans at maturity. 7 . • • • • Investors are urged to read the final Prospectus Supplement and the related Prospectus.. The Servicer must conduct quarterly Social Security death audits to find out whether any borrowers have died in the past three months. California. the Servicer must make cash advances to cure delinquencies in insurance or tax payments.. quarterly notices are sent to verify that the borrower continues to occupy the home as their primary residence. 745 Seventh Ave. The Servicer is required to advance its own funds to the borrower on a monthly basis. Financial Freedom has a Reverse Mortgage Servicer Rating of RPS3+ from Fitch Ratings. www. The Servicer generally performs an annual drive-by inspection of each property. In either case a copy of the final Prospectus Supplement (when complete) or the final Offering Memorandum for unregistered deals (when complete) may be obtained from Lehman Brothers Inc. reverse mortgages do not require monthly collections of interest and principal. move-out or voluntary prepayment. The Servicer is required to ensure that the borrower makes all necessary insurance premiums and property tax payments. The Servicer will also manage the sale of foreclosed property. phone number 212 -526-7000. To check that borrowers are still living in the house. as amended. and is a subsidiary of IndyMac Bank.gov. and other amounts are paid and ensuring necessary repairs to and maintenance of the properties are performed. if the offering is not registered under the Securities Act of 1933. issuance premiums.sec. Servicer personnel are required to be specially trained to deal with the special needs of senior borrowers. The Servicer is required not only to collect amounts due under a Mortgage Loan. ensuring taxes. and the advances will be added to the principal balance of the reverse mortgages. payments are received at the time a loan is paid off due to death. Attn: Fixed Income Syndicate. including foreclosure. its servicing is headquartered in San Francisco. The Servicer will also be reimbursed for these advances from the trust and the advances will be added to the principal balance of the reverse mortgages. If necessary. The Trustee will reimburse the Servicer for its advances. NY 10019. If necessary.LEHMAN B ROTHERS Servicing • • • • • • • • • RESIDENTIAL M ORTGAGE FINANCE The Servicer pays all out of pocket expenses to service these loans. Rather. as requested by the borrower. New York. which will be filed with the Securities and Exchange Commission and may be accessed free of charge on the SEC's web site. investors should read the final Offering Memorandum.

809. Mortgage Loan Portfolio December 31. the value of the real estate securing such Mortgage Loans and the timing of repayment. In either case a copy of the final Prospectus Supplement (when complete) or the final Offering Memorandum for unregistered deals (when complete) may be obtained from Lehman Brothers Inc.560.444. if the offering is not registered under the Securities Act of 1933. (4) The above collection and loss statistics represent the recent experience of Financial Freedom with respect to certain reverse mortgage loans in its servicing portfolio. among other things.147.95% N/A 10 13 9 34 28 0 3.903. 2004 or December 31.668.02% 73.324.680. Represents the net charge-offs for the twelve-months ended December 31. There can be no assurance.867.07% 53. NY 10019.89 Days Matured 90+ Days Matured Net Charge-offs REO's 2. 745 Seventh Ave.62% N/A (1) (2) (3) Excludes any payoff or contingent fees that may be due upon maturity of the mortgage loan. Attn: Fixed Income Syndicate.062. Represents the mean loan to value ratio of all mortgage loans.35 11.166.57) 0 31.57 (81. The indicated periods of maturity are based on the number of days past a defined Maturity Event.325 Avg LTV 31. phone number 212 -526-7000. A default usually occurs when the borrower fails to stay current on his or her property taxes or fails to maintain homeowner’s insurance.sec.59 Days Matured 60 .LEHMAN B ROTHERS Servicing (Continued) RESIDENTIAL M ORTGAGE FINANCE The following table sets forth certain information regarding the collection and loss experience of Financial Freedom with respect to the non-agency reverse mortgage loans in its servicing portfolio.gov.407 Avg LTV 30. 8 . www.88) 0.341.00 59.71% 60. The actual collection and loss experience on the Mortgage Loans will depend on. as amended. investors should read the final Offering Memorandum.12 1. which will be filed with the Securities and Exchange Commission and may be accessed free of charge on the SEC's web site.89 1..53 December 31.454.75 (9.139. however. that the future collection and loss experience on the Mortgage Loans will be comparable.90 3. A mortgage loan matures when the last remaining borrower dies.546.63 9. 2004 Dollar Amount 559.70% 39.663. Alternatively.74 2.74% 41..706. Investors are urged to read the final Prospectus Supplement and the related Prospectus.506. as applicable.76% 68.10% 72.029.61% Number of Loans 3.152. New York.60% 60.09% 10 7 10 51 9 0 2. 2005 Dollar Amount 911.29 Days Matured 30 .856. The loan to value ratio for each mortgage loan was calculated by dividing the outstanding amount by the initial appraised value. relocates permanently from the mortgaged property or defaults on the mortgage loan. 2005.944.18 Number of Loans Portfolio Principal Balance Matured Loans: 0 .

745 Seventh Ave.. which will be filed with the Securities and Exchange Commission and may be accessed free of charge on the SEC's web site. M1 and M2 Delay for A-IO Day Count for A1. Attn: Fixed Income Syndicate. Alternatively. In either case a copy of the final Prospectus Supplement (when complete) or the final Offering Memorandum for unregistered deals (when complete) may be obtained from Lehman Brothers Inc. phone number 212 -526-7000.LEHMAN B ROTHERS Modeling Assumptions Deal Assumptions: Expected Settlement Date Dated Date for A1. www.. M1 and M2 Dated Date for A-IO First Pay Date Delay for A1. investors should read the final Offering Memorandum.sec. if the offering is not registered under the Securities Act of 1933. NY 10019. as amended.5% per month See page 3 Investors are urged to read the final Prospectus Supplement and the related Prospectus.gov. New York. 9 . M1 and M2 Day Count for A-IO RESIDENTIAL M ORTGAGE FINANCE 09/ 15/06 09/ 15/06 08/01/06 09/25/06 0 days 24 days Actual/360 30/360 Forecasting Assumptions: One Month Libor forward curve as of 8/30/06 Six Month Libor forward curve as of 8/30/06 Home Price Appreciation Line of Credit Draw Rate Prepayment Speed Schedule A Schedule B 2% per annum 1.

20% 5.40% 1 61 121 181 Deal Age 241 301 Schedule B: Six Month Libor Interest Rate Forward Curve 5. investors should read the final Offering Memorandum.60% 4.40% 1 Month LIBOR 5.20% 5.. www.60% 1 61 121 181 Deal Age 241 301 Investors are urged to read the final Prospectus Supplement and the related Prospectus. Alternatively.00% 4. New York.60% 6 Month LIBOR 5. In either case a copy of the final Prospectus Supplement (when complete) or the final Offering Memorandum for unregistered deals (when complete) may be obtained from Lehman Brothers Inc. NY 10019. phone number 212 -526-7000.80% 4. as amended.00% 4.80% 5. which will be filed with the Securities and Exchange Commission and may be accessed free of charge on the SEC's web site. Attn: Fixed Income Syndicate.40% 5.60% 5.sec. if the offering is not registered under the Securities Act of 1933.80% 4. 10 .gov. 745 Seventh Ave.LEHMAN B ROTHERS Interest Rate Forward Curves Schedule A: RESIDENTIAL M ORTGAGE FINANCE One Month Libor Interest Rate Forward Curve 5..

558 $522. NY 10019. as amended. Alternatively. www.. In either case a copy of the final Prospectus Supplement (when complete) or the final Offering Memorandum for unregistered deals (when complete) may be obtained from Lehman Brothers Inc.91% * The Mortgage Loan data is shown herein as of [August 1.267. 11 . 745 Seventh Ave. phone number 212 -526-7000. if the offering is not registered under the Securities Act of 1933. Investors are urged to read the final Prospectus Supplement and the related Prospectus. Attn: Fixed Income Syndicate. which will be filed with the Securities and Exchange Commission and may be accessed free of charge on the SEC's web site.00% 57.946% Geographic Distribu tion (Other states account individually than for less 5% of the Cut-off Date principal balance.05 $335. 2006] for each Mortgage Loan..sec.) Weighted Average Current LTV 1.) CA NY FL Lien Position First 100.92% 8. New York.073% 5.LEHMAN B ROTHERS RESIDENTIAL M ORTGAGE FINANCE SASCO 2006-RM1 Collateral Summary * Total Number of Loans Total Outstanding Loan Balance Average Loan Principal Balance Weighted Average Coupon Weighted Average Margin Weighted Average Loan Age (mo.78% 11.99 10.000% 11 38.gov. investors should read the final Offering Memorandum.347.535.

73 45.1.650.71 0.304.600.000.400.850.01 .52 3.365.00 1.058 10.38 1.59 46.100.00 600.250.253.100.850.000.04 1.000.00 1.350.47 38.01 .951.50.22 46.00 350.1.000.1.30 0.950.500.636.88 Max: $7.40 $522.000.096 10.000.01 .000.63 0.65 40.69 11.58 8.057 10.18 13.871.504.00 400.01 .071 9.01 .00 1.01 .000.00 1.420 9.1.450.073.00 850.062 10.000.161 10.465.58 8.000.41 2.650.978.85 43.150.930.640 9.86 23.095 10.01 .01 .24 4.01 .350.174.00 550.216 9.000.50 0.465.000. phone number 212 -526-7000.00 750.89 20.000.01 .55 34.1. 12 .122.483.15 71.81 1.1.410.000. of Loans 47 96 95 135 193 251 221 162 109 57 42 34 28 14 13 8 5 7 4 2 3 3 1 2 3 2 2 1 1 2 2 2 2 1 1 7 1.001 10.000.750.21 20.05 19.205 10.000.28 2.000.1.00 1.511.000. Alternatively.341.05 17.1.01 .492.683.150.304.01 .70 0.000.28 0.00 1.550.64 7.000.53 0.469.447.84 3.00 500.099% 10.23 27.19 0.38 0.109 10.11 25.01 .773.000.03 36.430.01 .112 10.430.LEHMAN B ROTHERS RESIDENTIAL M ORTGAGE FINANCE Collateral Characteristics Collateral characteristics are listed below as of the Cut-off date Current Balance Current Balance ($) 0.850.000.01 .16 4.01 .000.000.00 1.01 ..897 10.1.055 10.000.70 0.000.967 10.000.000.01 .00 2.80 6.68 42.01 .62 40.19 42.829.90 5.558 Principal Balance $1.050.000.30 32.09 38.01 .939.00 650.64 0.826.810 9.000.850.000.62 30.00% WAC 10.382.549.51 43.73 3.512.108.092. www.780 10. In either case a copy of the final Prospectus Supplement (when complete) or the final Offering Memorandum for unregistered deals (when complete) may be obtained from Lehman Brothers Inc.000.52 68.268.750.659.000.800.503.01 .177.000.sec.014.16 Average: $335.00 100.776.84 6.00 1.25 42.000.01 .04 1.187.183.220.33% 1.000.000.15 4.00 2.646.500.33 3.000.000.00 1.96 53.250.46 0.000.207.93 100.320 9.972.000.34 48.000.77 60.48% 27.66 26.56 9.01 3.700. New York.01 .000.700.01 .141.000.550.320 10.76 26.22 0.726.01 .163 10.000.670.600.01 .00 50.046 10.000.000.100.01 .896.070.01 .650.00 200.200.547.682.01 .80 1.1.042.000.000.435.695.900.000.125.88 36.036 10.90 3.000.01 .36 0.951 10.000.05 % of Pool Principal Balance 0.700.00 1.25 42.44 46.478.66 0.895.974. as amended.28 1.000.00 300.71 3.892.gov.200.050.1.00 800.535.62 0.7.000.000.01 .000.000.000.942.000.37 3.450.200.01 .35 1.1.80 36.300.150.925.267.00 150.068 10.103 10.438.400.900.350.1.1.702.073 10.00 1. investors should read the final Offering Memorandum.300.347.000.564.000.1. 745 Seventh Ave.01 .93 38. NY 10019.00 1. which will be filed with the Securities and Exchange Commission and may be accessed free of charge on the SEC's web site.17 0.01 .000.558.145 10.46 44.07 41.01 .32 1.00 700.000.01 .30 52.000.000.59 22. Attn: Fixed Income Syndicate.00 250.594.660.00 Total: No.000.000.800.188 9.21 3.92 3.635.073% NZWA Current LTV 19.748.000.600.85 1.381 10.13 9.00 1.1.93 37.000.950.65 40.00 1.59 35.65 29.000.000.79 1.77 2.149 10.105 10.95% Min: $7.538.20 35.59 0.000.15 41.400.73 11.600.53 41.22 3.050 10.00 1. if the offering is not registered under the Securities Act of 1933.959 10.900.000.00 450..99 Investors are urged to read the final Prospectus Supplement and the related Prospectus.000.00 900.00 950.919.33 13.

453.23 73. NY 10019.89 28.07% 0.25 8. New York.10. as amended.007.010% Max: 10.95% Index Principal Balance WAC 6 month Total: $522.001 . phone number 212 -526-7000.558 % of Pool Principal Balance 100.797.73 138. 13 .250 9.93 38.01 26.00% NZWA Current LTV 38.501 .576.558 % of Pool Principal Balance 0.001 .54 13.073% Investors are urged to read the final Prospectus Supplement and the related Prospectus.sec.05 10.495.893.073% Gross Coupon No. of Loans 1.87 8.04 38.9. if the offering is not registered under the Securities Act of 1933.120 10.073% $368. which will be filed with the Securities and Exchange Commission and may be accessed free of charge on the SEC's web site.05 8.834.347.347.9.46 37.750 Total: Min: 8.10.347..751 .558 1.479.00% NZWA Current LTV 64.95% 38.862.8.30 14.073% 10.54 72.535.640 10. Attn: Fixed Income Syndicate.401 9.083.535.535.130.673.306 10.05 $522.31 39.251 .500 9.500 10. Alternatively.LEHMAN B ROTHERS RESIDENTIAL M ORTGAGE FINANCE Collateral Characteristics Collateral characteristics are listed below as of the Cut-off date Index No.613.240 9.89 38.83 4.076.000 10. In either case a copy of the final Prospectus Supplement (when complete) or the final Offering Memorandum for unregistered deals (when complete) may be obtained from Lehman Brothers Inc.873 10.251 .640% Weighted Average: 10.54 39. 745 Seventh Ave.750 9.gov.00% 100.9.536.250 10.07 100. www.010% 9.61 147. of Loans 1 11 139 120 381 212 460 234 1.80 43.30 $522.635 9.14% 34.501 .66 38.001 . investors should read the final Offering Memorandum.10.10.01 41.250 9..95% Gross Coupon (%) Principal Balance WAC 8.

04% 37.17 37.05 10.96 4.535.03 1.949.87 40.209.05 10.000% Max.00% NZWA Current LTV 39.86 6.121.535. if the offering is not registered under the Securities Act of 1933.234.150.073% Investors are urged to read the final Prospectus Supplement and the related Prospectus. New York.00% 100.558 1.992 10.32 2.38 49.221. which will be filed with the Securities and Exchange Commission and may be accessed free of charge on the SEC's web site. investors should read the final Offering Memorandum.04 100.129 9.114 9. NY 10019. 14 .LEHMAN B ROTHERS RESIDENTIAL M ORTGAGE FINANCE Collateral Characteristics Collateral characteristics are listed below as of the Cut-off date Margin No..285 10. Alternatively.037 10.347.65 0.000 Total: $522. www.000% Property Type No.073% 10.77 38.347.57 38.731. of Loans 1.535.98 61.338.415.47 3.305.44 199. Attn: Fixed Income Syndicate.: 5.070% 10.558 % of Pool Principal Balance 100.00% NZWA Current LTV 38. 745 Seventh Ave.126 10.93% 7.79 0.14 $522.gov.25 309.300 174 26 38 9 6 1 4 1.073% Min.36 10.06 0. phone number 212 -526-7000.23 44.sec.590 10. as amended.558 % of Pool Principal Balance 87.: 5.624..17 0.95% 38.263.000% Weighted Average: 5.324.05 $522. of Loans 1.347.95% Property Type Principal Balance WAC Single Family Condo 2 Family Coop 3 Family 4 Family Townhouse Manufactured Housing Total: $459.483. In either case a copy of the final Prospectus Supplement (when complete) or the final Offering Memorandum for unregistered deals (when complete) may be obtained from Lehman Brothers Inc.95 33.95% Margin (%) Principal Balance WAC 5.

907.13 46.96 896.34 34.13 0.10 43.035 10.543. of Loans 804 236 119 51 52 47 23 20 22 18 12 17 12 13 11 10 14 8 9 7 6 5 4 4 4 3 3 2 1 3 18 1.45% 36.84 670.082 9.113 10.073% Investors are urged to read the final Prospectus Supplement and the related Prospectus.347.001 10.25 3.535.360.48 0.343 10.647.48 747.245.820.18 0.187.052.377.69 37.098 10.43 1.18 945.46 38.213.355.192.48 0.09 43.41 0.098.92 8.73 1.00% NZWA Current LTV 39.109 10. www.94 41.743.460.15 7. NY 10019.823.19 544.52 2.40 0.40 14.02 1.55 40. Alternatively.88 38.90 5.95% State (Top 30) CA NY FL CT MA NJ MD WA VA AZ HI OR CO IL PA NH MI MN SC TX DC NV MO ID WI NM NC GA RI ME Other Total: Principal Balance $301.645 10.10 0.52 0.778.647.92 1.006 10.843.05 3..64 26.63 0.794.00 4.534.01 33.68 0.252.374 9.LEHMAN B ROTHERS RESIDENTIAL M ORTGAGE FINANCE Collateral Characteristics Collateral characteristics are listed below as of the Cut-off date State (Top 30) No.031 10.912.94 37.86 38.393.696.95 $522.797.06 2.61 100.14 0.221.87 0.65 5.91 32. New York.93 3.807 10.768.137.192 10.46 39.65 527.051 10.543.481.11 0.71 14.10 0. Attn: Fixed Income Syndicate.01 1.15 37.244.768..56 34.558 % of Pool Principal Balance 57.84 2.63 41.304.264 9. phone number 212 -526-7000.290 10.23 0.00 0.gov. In either case a copy of the final Prospectus Supplement (when complete) or the final Offering Memorandum for unregistered deals (when complete) may be obtained from Lehman Brothers Inc.415.05 35.36 1. 15 .210 10.276 10.33 36.748 10.43 2.555.85 21.26 569.32 0.10 1.090. 745 Seventh Ave.092 10.144 9.sec.957. investors should read the final Offering Memorandum.42 34.91 3.44 62.29 39. as amended.112 10.69 5.30 0.568. if the offering is not registered under the Securities Act of 1933.484.185.19 57.26 2.84 2.74 32.029 10.14 0.17 0.78% 11.437.022 10.94 37.54 733.995.683.282. which will be filed with the Securities and Exchange Commission and may be accessed free of charge on the SEC's web site.79 1.909 10.482.159 10.094.36 38.671 9.245.26 33.30 38.71 5.14 17.83 43.72 39.297.483.072% 10.116 10.104 10.062 10.196.623.312.05 WAC 10.93 2.702.

2.371.000 1.085 10.001 .100.251.000.947.155 10.1.05 10.800.12.840.200.568.012 10.26 37.26 5.000 600.000 1. Alternatively.951 10.000.64 27.661.049.432.38 37.065.054.000.000 200. 745 Seventh Ave.000 1.80 1.468.99 34.72 5.45 100.79 39.001 .85 11.1.66 4.60 57.600.547.001 .000 1.143.59 37.1.000 1.140 10.38 40.000 Total: Min: $75.95% Original Appraisal Value ($) Principal Balance WAC 1 .34 16.000 1.25 9.1.94 $285.100.400.13 46.001 .27 33.300.92 38.001 .47 40.15 10.66 37.000 700.16 35.54 26.106 9.060 10.54 26.001 .25 10.00% NZWA Current LTV 41.000.100.671.84 16.500.001 .000 500.41 53.001 . New York.600.52 2.300.535.021 10.17 39.022.000 300.42 13.33 2.000.97 46.500.665.056 10.605.81 1.1.1.23 1.001 .001 .400.001 .64 36.022.245 10.14 5.76 14.200.700.66 85.382.910.246.62 2.02 4.001 .455.000.000 2. phone number 212 -526-7000.073% Investors are urged to read the final Prospectus Supplement and the related Prospectus.600. investors should read the final Offering Memorandum.001 .000 900.64 45.000.800.900.23 7.500.001 .00 Average: $995.135 10.sec.200.1.390.001 .768.001 .986.900.82 2.956.02 3.221.98 38. NY 10019.400.92 21.000 1.41 34.614.00 3.67 17.009.900. Attn: Fixed Income Syndicate.558 % of Pool Principal Balance 0..000 1.393.46 0.118 10.32 41.700.140.337.28 29.36% 43.000 800.454.097 10. as amended.000 100.09 3.748.300.1.001 .000 400.99 10.700.076 10.63 53.137. of Loans 8 38 50 44 94 157 196 199 175 122 82 71 53 40 36 30 25 26 16 14 82 1.102 10. In either case a copy of the final Prospectus Supplement (when complete) or the final Offering Memorandum for unregistered deals (when complete) may be obtained from Lehman Brothers Inc.00 Max: $12.000 1.014 10.LEHMAN B ROTHERS RESIDENTIAL M ORTGAGE FINANCE Collateral Characteristics Collateral characteristics are listed below as of the Cut-off date Original Appraisal Value No.800.36 36.544.322.gov.549. if the offering is not registered under the Securities Act of 1933.18 7.205.45 17.001 .001 .34 7.1.400.090 10.414.1.139 10.347..152% 10.085 10.243.06 $522. 16 .001 .943.123 10. www. which will be filed with the Securities and Exchange Commission and may be accessed free of charge on the SEC's web site.05% 0.000 1.

558 % of Pool Principal Balance 0.55.347.450.128 10.76 2.756.41 1.056 9.01 .97 7.07% 0.591.00 50.sec.333.631.01 .963 10.87 20.281.113 10.980.LEHMAN B ROTHERS RESIDENTIAL M ORTGAGE FINANCE Collateral Characteristics Collateral characteristics are listed below as of the Cut-off date Current LTV Current LTV (Calc based on Current Values) (%) 0.647.753.17 57.70 14.95% Principal Balance WAC $352.00% Max: 68.30.00 30.00 10.15.073 10. Alternatively.937.05 10.01 .01 .01 .00 45.01 52.01 .26 12.227.92 9.048 10.91 22.65 55.gov.77 62. investors should read the final Offering Memorandum.043 10.60.713.068.01 .28 47.95% No.85 10.481.50. New York.994 10.51 17.62 32.425.121 9.40.792.100.163 10. Attn: Fixed Income Syndicate.47 65.25. as amended.53 100.00 55.00 25.415. 17 .00 20.550.01 . NY 10019. www.20.040 10.01 .04 69.00 5.60 37.20 38.01 .66% Weighted Average: 38.307% 10.70.5. 745 Seventh Ave.122 10.16 $522.99 7.843. which will be filed with the Securities and Exchange Commission and may be accessed free of charge on the SEC's web site.52 2.535.01 .260.362.00 60. phone number 212 -526-7000.00 15.35..14 65.45.59 13.00% NZWA Current LTV 3.00 40.00 65.00 35.61 12.71 57.36 2.00 Total: Min: 2.584.061 10.20 62.01 .124. of Loans 11 26 39 99 173 202 214 199 180 148 125 88 39 15 1.96 12.01 .95 13.212.01 .65.13 11. if the offering is not registered under the Securities Act of 1933. In either case a copy of the final Prospectus Supplement (when complete) or the final Offering Memorandum for unregistered deals (when complete) may be obtained from Lehman Brothers Inc.073% Investors are urged to read the final Prospectus Supplement and the related Prospectus.32 10.49 42.50% 8.52 3.55 63.63 38..10.058.82 27.942.30 52.

59 758.470.119 9.000 Weighted Average: 81.186.091 10.865. as amended. which will be filed with the Securities and Exchange Commission and may be accessed free of charge on the SEC's web site.99 595.05 10.18 41.473.07 26.48 12.577. New York.553.105 106 .95% Borrower Age (Years) Principal Balance WAC 62 .90 91 .993.94 18.093 10.32 49.15 100. 18 .000 Max: 107.37 65.95 96 .292.208.051 10.558 % of Pool Principal Balance 1.110 Total: Min: 62.535.80 81 .347.70 71 .04 59.10 98.60 130.018% 10.38 22. 745 Seventh Ave.556.057 10.92 34.sec.77 $522.139 $7.gov. In either case a copy of the final Prospectus Supplement (when complete) or the final Offering Memorandum for unregistered deals (when complete) may be obtained from Lehman Brothers Inc.95 119.89 2. Attn: Fixed Income Syndicate.75 76 .65 66 ..89 24.85 86 .46 41. investors should read the final Offering Memorandum. www.53 55.LEHMAN B ROTHERS RESIDENTIAL M ORTGAGE FINANCE Collateral Characteristics Collateral characteristics are listed below as of the Cut-off date Borrower Age (or age of youngest borrower) No.073% Investors are urged to read the final Prospectus Supplement and the related Prospectus. phone number 212 -526-7000.045 10.627.625.189.93 69..08 63. Alternatively.164.11 0.01 13.226.843.00% NZWA Current LTV 17.33 0. of Loans 36 137 237 367 399 257 93 28 2 2 1.100 101 .04 38. NY 10019.710 10.25% 22.087 10.050 10.411.85 7.261.04 41.45% 8. if the offering is not registered under the Securities Act of 1933.

813.91% 23.66 36.85 86 .70 71 .59 758.911.088 10.932% 10. investors should read the final Offering Memorandum.98 56.22 0. Alternatively. as amended.45 41. New York.00 11.215.LEHMAN B ROTHERS RESIDENTIAL M ORTGAGE FINANCE Collateral Characteristics Collateral characteristics are listed below as of the Cut-off date Age of Female Borrowers No. www.95 96 .77 $267.169 9.47 66.611.000 Weighted Average: 83.29 595.90 0.39 10.051 10.89% Borrower Age (Years) Principal Balance WAC 62 .071 10.084 10.292.064% Investors are urged to read the final Prospectus Supplement and the related Prospectus..541.80 81 .28 100. In either case a copy of the final Prospectus Supplement (when complete) or the final Offering Memorandum for unregistered deals (when complete) may be obtained from Lehman Brothers Inc.sec.08 63.024 10.559.105 106 .101.000 Max: 107.700.66 24.03 9.389.39 60.75 76 . phone number 212 -526-7000.40 25.90 91 .95 49.79 9.566.45 64..436.04 42. 745 Seventh Ave.710 10. if the offering is not registered under the Securities Act of 1933.17 27.265.00% NZWA Current LTV 19.110 Total: Min: 63. NY 10019.955. 19 .103 9.999 10.99 3.54 19.035.627. which will be filed with the Securities and Exchange Commission and may be accessed free of charge on the SEC's web site.gov.98 52.65 66 .89% 4.748.652.100 101 . of Loans 12 49 94 159 213 171 72 22 2 2 796 % of Pool Principal Balance 0.24 32. Attn: Fixed Income Syndicate.251 $2.20 65.157.45 12.629.73 24.

484.32 12. New York.823.15 52.75 76 .00% WAC 9.37 34.sec.473.24 33.854.80 11. Alternatively.90 91 .85 86 .52 0.35 29.79 0. In either case a copy of the final Prospectus Supplement (when complete) or the final Offering Memorandum for unregistered deals (when complete) may be obtained from Lehman Brothers Inc.663.000 Max: 98.011.072% NZWA Current LTV 14.15 $88.927.gov.100 Total: No.894% 10.37 29.113 10.37 % of Pool Principal Balance 1.076. NY 10019.243.46 19.78 42.95 96 .12 29.65 66 .42% Min: 63.059 10.87 24..59 535.71 8.990% 10.297.89 100.06 47.65 66 .066. phone number 212 -526-7000.85 44. of Loans 13 38 63 84 108 54 20 4 384 Principal Balance $2.58 49.92 39.000 Weighted Average: 78.83 2. 20 .000 Max: 100.90 1.024.934 10.094% NZWA Current LTV 18.93% 23.75 76 .63% 8.95 96 .221.146 10.149.565 10.034 10.80 81 .43 7.08 26.60 100.097 9.217.LEHMAN B ROTHERS RESIDENTIAL M ORTGAGE FINANCE Collateral Characteristics Collateral characteristics are listed below as of the Cut-off date Age of Male Borrowers Borrower Age (Years) 62 .735. of Loans 8 33 61 88 70 25 6 2 293 Principal Balance $1.312.25 21.431 Ages of Female Co-Borrowers Borrower Age (Years) 62 .030.33 17.072.387.62 39.07 6.385.00% WAC 9.928.085 10.92 17.404.734.37 23.97 14.130.55 $137.09 29.91 8.88% 13.85 86 ..163 9.070 9.20 20.74 2.103 10.35 23.983 10.02 29. 745 Seventh Ave.000 Weighted Average: 80.24 % of Pool Principal Balance 1. Attn: Fixed Income Syndicate.059 10.161.620.615.103 No.436. as amended.454.090 10. investors should read the final Offering Memorandum.100 Total: Min: 62.341.22 57.63% 19.690. www.90 91 .706.950. if the offering is not registered under the Securities Act of 1933.70 71 .80 81 . which will be filed with the Securities and Exchange Commission and may be accessed free of charge on the SEC's web site.65% Investors are urged to read the final Prospectus Supplement and the related Prospectus.70 71 .42 28.59 21.433.05 51.

748.4 38.89% 39. phone number 212 -526-7000.05 10.302.60% Borrower Age (Years) Principal Balance WAC 66 .46 100.347.558 % of Pool Principal Balance 51.47 28.28 22.75 76 .93% 21.064% 10.297.089 10. New York.811.85 86 .80 81 .85 29.sec.535.079.90 91 .795.970.91 35.081 10. if the offering is not registered under the Securities Act of 1933.000 Max: 94.223 10.gov. www.013% 9. Attn: Fixed Income Syndicate..681.965. of Loans 8 11 18 28 13 7 85 % of Pool Principal Balance 8.78 $522.494.95% Borrower Gender Principal Balance WAC Female Male Couple Total: $267.745.26% 26.25 34.03 137.70 71 .000 Weighted Average: 80.45 2.069 10.00% NZWA Current LTV 42.18 30.59 7.42 29.90 4.073% Investors are urged to read the final Prospectus Supplement and the related Prospectus. NY 10019. 21 .87 27.LEHMAN B ROTHERS RESIDENTIAL M ORTGAGE FINANCE Collateral Characteristics Collateral characteristics are listed below as of the Cut-off date Ages of Male Co-Borrowers No.061.941 $2.19 100.094 10.035. 745 Seventh Ave.042 10. investors should read the final Offering Memorandum.49 20.059% Borrower Gender No.454. of Loans 796 384 378 1.63 $28. Alternatively.045.24 117.93% 16.41 10.20 4. In either case a copy of the final Prospectus Supplement (when complete) or the final Offering Memorandum for unregistered deals (when complete) may be obtained from Lehman Brothers Inc.561.904. which will be filed with the Securities and Exchange Commission and may be accessed free of charge on the SEC's web site.. as amended.00% NZWA Current LTV 17.41 5.985 10.765.82 8.641.62 16.117.95 Total: Min: 66.

New York.535.05 10.95% 38.558 % of Pool Principal Balance 100.. of Loans 1.347.558 1.000 Total: No.LEHMAN B ROTHERS RESIDENTIAL M ORTGAGE FINANCE Collateral Characteristics Collateral characteristics are listed below as of the Cut-off date Credit Line Advance Limit Adjustment % Credit Line Advance Limit Adjustment (%) 5.00% 100. www. In either case a copy of the final Prospectus Supplement (when complete) or the final Offering Memorandum for unregistered deals (when complete) may be obtained from Lehman Brothers Inc..95% Principal Balance WAC $522.535. which will be filed with the Securities and Exchange Commission and may be accessed free of charge on the SEC's web site.00% NZWA Current LTV 38. Alternatively. 22 . as amended.gov. NY 10019.073% 10. investors should read the final Offering Memorandum.05 $522. Attn: Fixed Income Syndicate.347.073% Investors are urged to read the final Prospectus Supplement and the related Prospectus.sec. 745 Seventh Ave. phone number 212 -526-7000. if the offering is not registered under the Securities Act of 1933.

01 3.893.05 10.001 .15.95 369.646.09 40. phone number 212 -526-7000.251 .000 14.23 37.501 .892.94 15.064.40 56.066.278 9.80 40.88 41.162 10.250 13.05 5.63 36.942.001 .500 Total: Min: 13..673.11 8.355 10. NY 10019.20 7.500 14.061.49 9.751 .538.500 15. 23 .16.77 79. www.854 10. as amended.751 . investors should read the final Offering Memorandum.283.38 38.972 10.820.13.70 $522.751 . Attn: Fixed Income Syndicate.15.766.818.348 9.121.250 14.15.403.363. if the offering is not registered under the Securities Act of 1933.gov.60 38.750 14.29 40.140% Max: 16.001 .62 7.635 9.14.151.347.48 18.16.92 38.07 3.90 5.14. New York.29 26.95% Max Rate (%) 13.219.16 38.251 .535.501 .048.409 9.74 10.251 ..16.73 20.576.33 38.558 % of Pool Principal Balance 0.000 15.88% 60.662.501 .43 38. of Loans 3 1 64 124 76 196 152 148 164 86 252 117 120 55 1.750 13.82 10.906.38 31. 745 Seventh Ave.084% 10.693.073% Investors are urged to read the final Prospectus Supplement and the related Prospectus.20 38.000 16.13.115.250 16.sec.750 15.93 56.54 41.800 10.14. Alternatively.41 39.862.030% Principal Balance WAC $547.00% NZWA Current LTV 29.190 10.13.250 15.14.LEHMAN B ROTHERS RESIDENTIAL M ORTGAGE FINANCE Collateral Characteristics Collateral characteristics are listed below as of the Cut-off date Maximum Rate (%) No.370.15 36. In either case a copy of the final Prospectus Supplement (when complete) or the final Offering Memorandum for unregistered deals (when complete) may be obtained from Lehman Brothers Inc.10% 0.380% Weighted Average: 15.15.500 13.290 10.84 100. which will be filed with the Securities and Exchange Commission and may be accessed free of charge on the SEC's web site.79 51.108 9.10 12.37 65.001 .319 10.251 .

209 10.01 9.182.315.446.00% NZWA Current LTV 38. if the offering is not registered under the Securities Act of 1933.524 9.535.074 9.gov.08% 5.32 49.517 5 1.810% 9.23 9.18 1.21 37.163.351.073% Investors are urged to read the final Prospectus Supplement and the related Prospectus.535.sec.946 10.41 45.15 38.28 7.61 51.95% Next Limit Adjust Date Principal Balance WAC 2006-08 2006-09 2006-10 2006-11 2006-12 2007-01 2007-02 2007-03 2007-04 2007-05 2007-06 2007-07 Total: $47. NY 10019.412.96 510.513.00% NZWA Current LTV 40.91 $522.729 9.991 10.288 10.56 40.991.640 10.71 9.74 26.267..624 9.71% 38.41 31. In either case a copy of the final Prospectus Supplement (when complete) or the final Offering Memorandum for unregistered deals (when complete) may be obtained from Lehman Brothers Inc. Alternatively.07% 38.72 6. Attn: Fixed Income Syndicate.695.83 $522.43 39.82 40.143.786.574.26 55.320 10.052 10.45 9.433.30 48.458.72 0. phone number 212 -526-7000.79 8.33 38.412.53 50.22 100.140. of Loans 36 1.120 10.93 49.489.89 27. www.25 38.85 40.LEHMAN B ROTHERS RESIDENTIAL M ORTGAGE FINANCE Collateral Characteristics Collateral characteristics are listed below as of the Cut-off date Next Limit Adjust Date No.. New York.42 40.07% 97.558 % of Pool Principal Balance 9.26 38.05 9.078.56 9. investors should read the final Offering Memorandum.199.97 30.40 10.566.299.780.44 38.347.499. which will be filed with the Securities and Exchange Commission and may be accessed free of charge on the SEC's web site.347.846. 745 Seventh Ave. as amended.05 10.31 37.07 100.043% 10. of Loans 114 86 117 96 162 164 160 152 146 154 130 77 1.967.148.620.71 5.073% Annual Servicing Fee No.990 10.580. 24 .86 38.95% Annual Servicing Fee ($) Principal Balance WAC 0 360 420 Total: $10.558 % of Pool Principal Balance 2.396.

New York.001 .gov. Alternatively.000 18.796.967.000 3.91% 14.66 16.535.347. which will be filed with the Securities and Exchange Commission and may be accessed free of charge on the SEC's web site.9.966 10.02 7.252.53 39.84 0.392 9.6.63 39.001 . 745 Seventh Ave.896.000 15.962.000 Total: Min: 1.89 108. www.8 $30.91% 38.694.734.001 .8 Weighted Average: 10.15..45 92.83 20.000 21.000 9.75 17. Attn: Fixed Income Syndicate.02 87.029.45 $522.073% Investors are urged to read the final Prospectus Supplement and the related Prospectus. NY 10019.05 9.772% 9.82 39.LEHMAN B ROTHERS RESIDENTIAL M ORTGAGE FINANCE Collateral Characteristics Collateral characteristics are listed below as of the Cut-off date Loan Age No.001 .879.558 % of Pool Principal Balance 5. In either case a copy of the final Prospectus Supplement (when complete) or the final Offering Memorandum for unregistered deals (when complete) may be obtained from Lehman Brothers Inc. investors should read the final Offering Memorandum.35 83.383.126.12.366 9.00% NZWA Current LTV 39.24 38.000 6.562 10.000 12. if the offering is not registered under the Securities Act of 1933.616.10 38.03 100.6 Max: 21.900.951 10.95% Loan Age (Months) Principal Balance WAC 0. as amended.24.561.03 38.. 25 .466 9.sec.001 .928.50 40. phone number 212 -526-7000.990 10.63 78.3. of Loans 86 233 278 299 275 247 139 1 1.96 16.08 26.18.21.001 .76 150.001 .001 .

073% Investors are urged to read the final Prospectus Supplement and the related Prospectus.347. investors should read the final Offering Memorandum. as amended.558 % of Pool Principal Balance 3.29 39.67 101. of Loans 67 226 292 277 308 250 138 1.LEHMAN B ROTHERS RESIDENTIAL M ORTGAGE FINANCE Collateral Characteristics Collateral characteristics are listed below as of the Cut-off date Origination Date No. In either case a copy of the final Prospectus Supplement (when complete) or the final Offering Memorandum for unregistered deals (when complete) may be obtained from Lehman Brothers Inc.04 37.05 10.076 10.17 9..gov.600.63 49.236 10. Attn: Fixed Income Syndicate.249.769.79 38.72 19.95% Origination Date Principal Balance WAC 2004 4th Q 2005 1st Q 2005 2nd Q 2005 3rd Q 2005 4th Q 2006 1st Q 2006 2nd Q Total: $19.351.628. NY 10019.63 38.89 39.192.535.56 79.46 97.43 19.513..312% 10.54 101.09 $522.462.00% NZWA Current LTV 40.74 39.68% 38. 745 Seventh Ave.698. which will be filed with the Securities and Exchange Commission and may be accessed free of charge on the SEC's web site.812 9.596. 26 .42 15.694.086 10.10 73.49 100. if the offering is not registered under the Securities Act of 1933.725 10.559.263. phone number 212 -526-7000. New York.sec.302.75% 14. Alternatively. www.232 9.01 18.

00 451.000.668.000.000.000.000.00 463.57 153.00 478.00 445.291.984.00 23.00 85.48 147.000.00 23. 745 Seventh Ave.00 23.330.000.000.000. New York.00 23.000.330.291.000.00 23.00 85.898.000.291.00 85.00 85.00 23.00 23.312.000.27 180.000.400.578.000.409.00 481.000.00 85.000.000.331. Alternatively.66 151.000.000.291.87 170.330.00 460.000.902.000.000.37 165.657.291.330.00 479.000.00 RESIDENTIAL M ORTGAGE FINANCE M1 Schedule 85.000.000.361.330.291.000.00 23.000.000.000.65 158.000.000.481. 27 .18 156.00 23.00 23.. as amended.000.330.330.330.000.291.00 485.00 85.000.000.00 85.000.322.27 182.60 172.000.00 Investors are urged to read the final Prospectus Supplement and the related Prospectus.000.00 487.000.gov.291.000.330.048.330.000.00 85.000.142.330.000.994.000.000.803.291.291.03 A1 Schedule 490. NY 10019.821.769.291.151.000.000.000.966.291.00 85.330.000.00 85.291.360.253.291.00 85.00 23.000.455.066.00 23.330.sec.000.00 457.385.00 480.462.000.00 85.00 469.07 148.00 488. www.291.000..000.LEHMAN B ROTHERS Bond Schedules: Period 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 Payment Date Closing 9/25/2006 10/25/2006 11/25/2006 12/25/2006 1/25/2007 2/25/2007 3/25/2007 4/25/2007 5/25/2007 6/25/2007 7/25/2007 8/25/2007 9/25/2007 10/25/2007 11/25/2007 12/25/2007 1/25/2008 2/25/2008 3/25/2008 4/25/2008 5/25/2008 6/25/2008 7/25/2008 A-IO Schedule 182.82 179.37 177.00 23.330.00 483.000.826.330.00 23.000.000.00 23.918.000.00 85. which will be filed with the Securities and Exchange Commission and may be accessed free of charge on the SEC's web site.000.330.291.00 23.96 175.00 85.000.00 482.291.965.000.34 169.73 161.000.93 159.000.000. Attn: Fixed Income Syndicate.00 489.000.000.000.943.00 85.000.00 475.00 23.727.00 85.00 23.000.330.000.330.000.000.097.291.00 85.477.00 448.330.252.000.00 454.000.896.00 23.00 85.94 154.000.291.000. investors should read the final Offering Memorandum.000.00 472.848.000.00 484.00 486.43 164.31 162.000.291.32 173.291.000.00 23.637.00 85.439.533.000.637.00 85.000.000.330.291.00 466. In either case a copy of the final Prospectus Supplement (when complete) or the final Offering Memorandum for unregistered deals (when complete) may be obtained from Lehman Brothers Inc.330.686.00 23.00 85.00 85.330.00 85.91 167. phone number 212 -526-7000.000.769.451.000.291.00 M2 Schedule 23.000.97 150.000.000.051.291. if the offering is not registered under the Securities Act of 1933.300.000.000.962.00 23.000.000.000.000.000.330.00 23.821.330.

202.000.905.00 RESIDENTIAL M ORTGAGE FINANCE M1 Schedule 85.330.000.67 144.000.291.000.631.000.000.000.000.000.291.00 79.31 131.000.gov.00 43.71 126.14 134.09 114.330.33 140.410.000.00 41.000.000.000.330.00 3.00 409.000.000.00 69.291.089.330.000.375.000.00 59.00 421.00 65.000.000.000.000. if the offering is not registered under the Securities Act of 1933.544.000.330.98 128.000.330.000.000.246.000.00 63.271.00 433.38 137.63 127.000.000.000.00 7.53 141.00 371.291.00 5.LEHMAN B ROTHERS Bond Schedules (continued): Period 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 Payment Date 8/25/2008 9/25/2008 10/25/2008 11/25/2008 12/25/2008 1/25/2009 2/25/2009 3/25/2009 4/25/2009 5/25/2009 6/25/2009 7/25/2009 8/25/2009 9/25/2009 10/25/2009 11/25/2009 12/25/2009 1/25/2010 2/25/2010 3/25/2010 4/25/2010 5/25/2010 6/25/2010 7/25/2010 A-IO Schedule 146.000.000.291..000.00 415.000.00 418.000.25 123.000.330. Attn: Fixed Income Syndicate.00 55.12 115.00 83.000.00 392.291.81 120.00 21.316.00 1.000.500.000.00 412.00 430.000. www.000.330.474.00 47.000.00 402.000. New York.000.000.500.620.00 15.00 378.000.00 399.00 - Investors are urged to read the final Prospectus Supplement and the related Prospectus.000.716.330.330.91 138.576.00 13.579.000.00 11.000.00 51.000.000.038.456. Alternatively. as amended.291.00 381.000.644.88 119.000.000.829.000.411.000.000.000.00 77.00 45.831.000.00 367.00 427.000.000.716.00 39.500.00 71. phone number 212 -526-7000.141.000.000.00 19.15 135.00 385.000.000.514.000.659. 28 .256.000.665.000.969.83 121.000.742.00 424.000.000.599.00 57.500.00 439.00 17.000.000. 745 Seventh Ave.053.984.291.000. investors should read the final Offering Memorandum.000.59 130.065.000.00 49.00 436.000.000.00 81.00 M2 Schedule 23.213.000.291.000.291.000.00 117.193.000.330.567.002.00 374.000.000..000.95 116.00 395.000.769.291.00 67.00 53.470.277.00 75.708.500.000.00 406.255.831.291.519.42 143.000.330.500.sec.177.032. NY 10019.330.20 132.00 388.21 124.00 73.643. In either case a copy of the final Prospectus Supplement (when complete) or the final Offering Memorandum for unregistered deals (when complete) may be obtained from Lehman Brothers Inc.24 A1 Schedule 442. which will be filed with the Securities and Exchange Commission and may be accessed free of charge on the SEC's web site.00 61.00 9.000.000.

000.431.000.000. phone number 212 -526-7000.00 5.43 101.00 13.663..312.14 103.00 35.500.478.00 23.000.500.041.000.000. In either case a copy of the final Prospectus Supplement (when complete) or the final Offering Memorandum for unregistered deals (when complete) may be obtained from Lehman Brothers Inc.000.63 95..457.000.000.000.237.949.023.00 303.000.000.894.00 287.000.000.00 105.064.500.000.099. if the offering is not registered under the Securities Act of 1933. New York.000.28 92.000. as amended.00 RESIDENTIAL M ORTGAGE FINANCE M1 Schedule 37.00 21.000.sec.00 102.00 15.980.295.129.000. investors should read the final Offering Memorandum.967.127.000.42 94.000.000.00 9.02 A1 Schedule 364.000.326.482.028.00 259.40 109.238.00 265.542.500.628.00 248.500.500.047.000.500.000.LEHMAN B ROTHERS Bond Schedules (continued): Period 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 Payment Date 8/25/2010 9/25/2010 10/25/2010 11/25/2010 12/25/2010 1/25/2011 2/25/2011 3/25/2011 4/25/2011 5/25/2011 6/25/2011 7/25/2011 8/25/2011 9/25/2011 10/25/2011 11/25/2011 12/25/2011 1/25/2012 2/25/2012 3/25/2012 4/25/2012 5/25/2012 6/25/2012 A-IO Schedule 113.000.567.000.00 336.061.00 320.00 29.000.00 31.00 347.000.91 111.153.00 309.500.000. Alternatively.00 33.000.882.78 88.577.000.000.00 11. 745 Seventh Ave.00 358.839.000.000.000.000.000.000.185.000.000.00 7.000.76 99.40 110.91 98.04 106.000.000.00 243.000.00 27.416.000.59 108.000.000.312.000.000.829.000.500.500.000.926.160.000.84 89.00 19.000. which will be filed with the Securities and Exchange Commission and may be accessed free of charge on the SEC's web site.000.000.00 3.00 314.00 - M2 Schedule - Investors are urged to read the final Prospectus Supplement and the related Prospectus.954.00 276.000.00 331.00 281.00 298.21 104.00 325.64 97.016.00 342. 29 .000. www.00 254.834.31 93.000.000.gov.05 91.00 1. Attn: Fixed Income Syndicate.35 87.000.00 292.000.00 353.00 270.000.507.00 25.00 17.000.000.954.500.631.590.000.000.000.000. NY 10019.34 96.193.823.000.000.000.452.000.

590.000.682.987.00 226. 30 .00 193.818.00 210.90 85.996.000.906.965.00 149.631.65 76.000.500. 745 Seventh Ave.000. which will be filed with the Securities and Exchange Commission and may be accessed free of charge on the SEC's web site. New York.35 74.000.12 77.000. investors should read the final Offering Memorandum.18 66.000.000.536.53 80.000.36 72.000.96 75.282.00 204.955.10 85.500.618.500.249.051.401.500.000.084.500.17 73.496.000.916.000.500.39 69.29 80.000.000.500.139.810.741.86 A1 Schedule 237.gov.63 68.01 79.000.00 182.000.124.000.00 232.963.390. Attn: Fixed Income Syndicate.000.000.998.000.500..00 127.845.00 188.93 71.69 82.09 70.. as amended.500.442.844.00 RESIDENTIAL M ORTGAGE FINANCE M1 Schedule - M2 Schedule - Investors are urged to read the final Prospectus Supplement and the related Prospectus.000.00 155. if the offering is not registered under the Securities Act of 1933.sec.052.500.967. NY 10019.00 166.000.093.503.385.00 199.000.00 116. Alternatively.431.00 171.781.00 160.16 71.000.014.117.000.000.000.500.781.960.214.00 144.000. www.00 138.00 177.000.663.04 83. In either case a copy of the final Prospectus Supplement (when complete) or the final Offering Memorandum for unregistered deals (when complete) may be obtained from Lehman Brothers Inc.322.00 133.500.000.000. phone number 212 -526-7000.96 78.12 67.944.00 122.LEHMAN B ROTHERS Bond Schedules (continued): Period 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 Payment Date 7/25/2012 8/25/2012 9/25/2012 10/25/2012 11/25/2012 12/25/ 2012 1/25/2013 2/25/2013 3/25/2013 4/25/2013 5/25/2013 6/25/2013 7/25/2013 8/25/2013 9/25/2013 10/25/2013 11/25/2013 12/25/2013 1/25/2014 2/25/2014 3/25/2014 4/25/2014 5/25/2014 A-IO Schedule 86.000.448.43 81.000.000.00 215.00 221.749.

22 49.500.334.813. phone number 212 -526-7000.006. Attn: Fixed Income Syndicate.000.34 60.000.000. as amended.000.000.000.24 54.098.00 17.849.00 56.241.000.34 62.00 100.000.00 12.094.769.554.000. investors should read the final Offering Memorandum.500. Alternatively.000.660.859.00 83.00 72.000.696.000.018..000.090.28 51.363.157.000.00 45.901.00 23.261.00 28.21 59.37 57.gov.876.633.273.00 94. 745 Seventh Ave.971.81 56.000. NY 10019. In either case a copy of the final Prospectus Supplement (when complete) or the final Offering Memorandum for unregistered deals (when complete) may be obtained from Lehman Brothers Inc.25 49. which will be filed with the Securities and Exchange Commission and may be accessed free of charge on the SEC's web site.03 65.000.433.69 54.984.730.000.000.75 64.500.080.500.00 39. www. 31 .126.00 6.56 58.331. New York.275.000.000.00 61.877.000.500.459.500.35 56.212.885.sec.LEHMAN B ROTHERS Bond Schedules (continued): Period 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 Payment Date 6/25/2014 7/25/2014 8/25/2014 9/25/2014 10/25/2014 11/25/2014 12/25/2014 1/25/2015 2/25/2015 3/25/2015 4/25/2015 5/25/2015 6/25/2015 7/25/2015 8/25/2015 9/25/2015 10/25/2015 11/25/2015 12/25/2015 1/25/2016 2/25/2016 3/25/2016 4/25/2016 5/25/2016 A-IO Schedule 66.55 62.98 63.295.00 1.937.479.000.31 55.89 52.000.000.800.287.938.000.73 51.837.00 34.000.475.516.52 A1 Schedule 111.94 50.753.00 67.000.68 59.295.500.000.500.00 105.500.00 78.20 53.000.000.000.348.74 61.500.00 - RESIDENTIAL M ORTGAGE FINANCE M1 Schedule - M2 Schedule - Investors are urged to read the final Prospectus Supplement and the related Prospectus.00 50.813.478.000.. if the offering is not registered under the Securities Act of 1933.00 89.165.

00% 10.gov.8/25/2009 9/25/2009 .000.62 A1 Schedule - RESIDENTIAL M ORTGAGE FINANCE M1 Schedule - M2 Schedule - Class R Certificate Schedule: Trigger Test Date 9/25/2006 9/25/2008 9/25/2009 9/25/2010 9/25/2011 Applies to Payment Dates 9/25/2006 . New York.8/25/2008 9/25/2008 ..922.90 47.8/25/2011 9/25/2011 and thereafter OC Trigger Level 0.LEHMAN B ROTHERS Bond Schedules (continued): Period 118 119 120 Payment Date 6/25/2016 7/25/2016 8/25/2016 A-IO Schedule 48.423.723. 32 . 745 Seventh Ave.462.00 - Investors are urged to read the final Prospectus Supplement and the related Prospectus. if the offering is not registered under the Securities Act of 1933.96 48. www.00 600. NY 10019.sec.00% 3.111.00 850. Alternatively.00% 2.000.00% 0. as amended. which will be filed with the Securities and Exchange Commission and may be accessed free of charge on the SEC's web site.510.000. In either case a copy of the final Prospectus Supplement (when complete) or the final Offering Memorandum for unregistered deals (when complete) may be obtained from Lehman Brothers Inc.8/25/2010 9/25/2010 . investors should read the final Offering Memorandum..00% Monthly Payment Amount $ $ $ $ $ 900. Attn: Fixed Income Syndicate. phone number 212 -526-7000.