cwabs, inc. cwabs asset-backed certificates trust 2007-3 asset-backed certificates ... · ·...
TRANSCRIPT
101 Barclay Street, 4 WestNew York, NY 10286
Officer: Michelle Penson212-815-3087
Associate: Steve Chrysanthis212-815-8318
CWABS, Inc.CWABS Asset-Backed Certificates Trust 2007-3
Asset-Backed Certificates, Series 2007-3
Distribution Date: 11/26/07
Page 1
Certificateholder Monthly Distribution Summary
Class
1A2-A-12-A-22-A-32-A-4A-R
PC
Cusip
12668UAD312668UAE112668UAF812668UAG612668UAH412668UAC512668UAB712668UAA9
Class
Description
SeniorSeniorSeniorSeniorSeniorSenior
Prepay PenaltiesResidual
CertificateRateType
Var-Act/360Var-Act/360Var-Act/360Var-Act/360Var-Act/360Fix-30/360Fix-30/360Fix-30/360
Beginning
Balance
219,618,969.31160,796,670.63
49,210,000.00101,830,000.00
29,661,000.000.00
100.00719,993,639.94
Pass Through
Rate (%)
5.0825004.9725005.0425005.0825005.1925000.0000000.0000000.000000
Principal
Distribution
4,382,091.543,047,027.61
0.000.000.000.000.000.00
Interest
Distribution
992,189.70710,721.28220,570.16460,045.31136,901.99
0.0036,892.76
1,203,776.58
Total
Distribution
5,374,281.243,757,748.90
220,570.16460,045.31136,901.99
0.0036,892.76
1,203,776.58
CurrentRealizedLosses
0.000.000.000.000.000.000.000.00
Ending
Balance
215,236,877.77157,749,643.02
49,210,000.00101,830,000.00
29,661,000.000.00
100.00712,564,520.79
CumulativeRealizedLosses
0.000.000.000.000.000.000.000.00
M-1M-2M-3M-4M-5M-6M-7M-8
12668UAJ012668UAK712668UAL512668UAM312668UAN112668UAP612668UAQ412668UAR2
JuniorJuniorJuniorJuniorJuniorJuniorJuniorJunior
Var-Act/360Var-Act/360Var-Act/360Var-Act/360Var-Act/360Var-Act/360Var-Act/360Var-Act/360
38,481,000.0033,909,000.0011,811,000.0012,573,000.0012,573,000.00
8,382,000.008,001,000.006,858,000.00
5.2725005.3725005.5525006.0225006.1725006.3725006.8709696.870969
0.000.000.000.000.000.000.000.00
180,347.62161,934.31
58,293.8567,307.4668,983.8647,479.3748,877.2241,894.76
180,347.62161,934.31
58,293.8567,307.4668,983.8647,479.3748,877.2241,894.76
0.000.000.000.000.000.000.000.00
38,481,000.0033,909,000.0011,811,000.0012,573,000.0012,573,000.00
8,382,000.008,001,000.006,858,000.00
0.000.000.000.000.000.000.000.00
Totals 693,704,739.94 7,429,119.15 4,436,216.23 11,865,335.39 0.00 686,275,620.79 0.00
101 Barclay Street, 4 WestNew York, NY 10286
Officer: Michelle Penson212-815-3087
Associate: Steve Chrysanthis212-815-8318
CWABS, Inc.CWABS Asset-Backed Certificates Trust 2007-3
Asset-Backed Certificates, Series 2007-3
Distribution Date: 11/26/07
Page 2
Principal Distribution Detail
Class
1A2-A-12-A-22-A-32-A-4A-R
PC
Cusip
12668UAD312668UAE112668UAF812668UAG612668UAH412668UAC512668UAB712668UAA9
OriginalCertificateBalance
237,450,000.00184,972,000.00
49,210,000.00101,830,000.00
29,661,000.00100.00100.00
762,000,000.00
BeginningCertificateBalance
219,618,969.31160,796,670.63
49,210,000.00101,830,000.00
29,661,000.000.00
100.00719,993,639.94
NetPrincipal
Distribution
4,382,091.543,047,027.61
0.000.000.000.000.000.00
CurrentRealizedLosses
0.000.000.000.000.000.000.000.00
EndingCertificateBalance
215,236,877.77157,749,643.02
49,210,000.00101,830,000.00
29,661,000.000.00
100.00712,564,520.79
EndingCertificate
Factor
0.9064513700.8528298501.0000000001.0000000001.0000000000.0000000001.0000000000.935124043
M-1M-2M-3M-4M-5M-6M-7M-8
12668UAJ012668UAK712668UAL512668UAM312668UAN112668UAP612668UAQ412668UAR2
38,481,000.0033,909,000.0011,811,000.0012,573,000.0012,573,000.00
8,382,000.008,001,000.006,858,000.00
38,481,000.0033,909,000.0011,811,000.0012,573,000.0012,573,000.00
8,382,000.008,001,000.006,858,000.00
0.000.000.000.000.000.000.000.00
0.000.000.000.000.000.000.000.00
38,481,000.0033,909,000.0011,811,000.0012,573,000.0012,573,000.00
8,382,000.008,001,000.006,858,000.00
1.0000000001.0000000001.0000000001.0000000001.0000000001.0000000001.0000000001.000000000
Totals 735,711,200.00 693,704,739.94 7,429,119.15 0.00 686,275,620.79
101 Barclay Street, 4 WestNew York, NY 10286
Officer: Michelle Penson212-815-3087
Associate: Steve Chrysanthis212-815-8318
CWABS, Inc.CWABS Asset-Backed Certificates Trust 2007-3
Asset-Backed Certificates, Series 2007-3
Distribution Date: 11/26/07
Page 3
Interest Distribution Detail
Class
1A2-A-12-A-22-A-32-A-4A-R
PC
BeginningCertificateBalance
219,618,969.31160,796,670.63
49,210,000.00101,830,000.00
29,661,000.000.00
100.00719,993,639.94
Pass Through
Rate (%)
5.0825004.9725005.0425005.0825005.1925000.0000000.0000000.000000
Effective
Coupon (%)
5.0825004.9725005.0425005.0825005.1925000.000000
442713.1200002.006312
CurrentInterest
992,189.70710,721.28220,570.16460,045.31136,901.99
0.000.000.00
InterestCarryforward
Amount
0.000.000.000.000.000.000.000.00
TotalInterest
Due
992,189.70710,721.28220,570.16460,045.31136,901.99
0.000.000.00
Net RateCarryover
Paid
0.000.000.000.000.000.000.000.00
NetInterest
Shortfall
0.000.000.000.000.000.000.000.00
Interest
Paid
992,189.70710,721.28220,570.16460,045.31136,901.99
0.0036,892.76
1,203,776.58
InterestCarryforward
After Dist.
0.000.000.000.000.000.000.000.00
Net RateCarryoverAfter Dist.
0.000.000.000.000.000.000.000.00
M-1M-2M-3M-4M-5M-6M-7M-8
38,481,000.0033,909,000.0011,811,000.0012,573,000.0012,573,000.00
8,382,000.008,001,000.006,858,000.00
5.2725005.3725005.5525006.0225006.1725006.3725006.8709696.870969
5.2725005.3725005.5525006.0225006.1725006.3725006.8725006.872500
180,347.62161,934.31
58,293.8567,307.4668,983.8647,479.3748,866.3341,885.43
0.000.000.000.000.000.000.000.00
180,347.62161,934.31
58,293.8567,307.4668,983.8647,479.3748,866.3341,885.43
0.000.000.000.000.000.00
10.899.33
0.000.000.000.000.000.000.000.00
180,347.62161,934.31
58,293.8567,307.4668,983.8647,479.3748,877.2241,894.76
0.000.000.000.000.000.000.000.00
0.000.000.000.000.000.000.000.00
Totals 693,704,739.94 3,195,526.67 0.00 3,195,526.67 20.22 0.00 4,436,216.23 0.00 0.00
101 Barclay Street, 4 WestNew York, NY 10286
Officer: Michelle Penson212-815-3087
Associate: Steve Chrysanthis212-815-8318
CWABS, Inc.CWABS Asset-Backed Certificates Trust 2007-3
Asset-Backed Certificates, Series 2007-3
Distribution Date: 11/26/07
Page 4
Current Payment InformationFactors per $1,000
Class
1A2-A-12-A-22-A-32-A-4A-R
PC
Cusip
12668UAD312668UAE112668UAF812668UAG612668UAH412668UAC512668UAB712668UAA9
OriginalCertificateBalance
237,450,000.00184,972,000.00
49,210,000.00101,830,000.00
29,661,000.00100.00100.00
762,000,000.00
BeginningCertificateBalance
924.906166826869.302762727
1,000.0000000001,000.0000000001,000.000000000
0.0000000001,000.000000000
944.873543228
Principal
Distribution
18.45479696216.472912719
0.0000000000.0000000000.0000000000.0000000000.0000000000.000000000
Interest
Distribution
4.1785205273.8423182114.4822222224.5177777784.6155555560.000000000
368,927.6000000001.579759285
EndingCertificateBalance
906.451369864852.829850008
1,000.0000000001,000.0000000001,000.000000000
0.0000000001,000.000000000
935.124043031
Pass Through
Rate (%)
5.0825004.9725005.0425005.0825005.1925000.0000000.0000000.000000
M-1M-2M-3M-4M-5M-6M-7M-8
12668UAJ012668UAK712668UAL512668UAM312668UAN112668UAP612668UAQ412668UAR2
38,481,000.0033,909,000.0011,811,000.0012,573,000.0012,573,000.00
8,382,000.008,001,000.006,858,000.00
1,000.0000000001,000.0000000001,000.0000000001,000.0000000001,000.0000000001,000.0000000001,000.0000000001,000.000000000
0.0000000000.0000000000.0000000000.0000000000.0000000000.0000000000.0000000000.000000000
4.6866666674.7755555564.9355555565.3533333335.4866666675.6644444446.1088888896.108888889
1,000.0000000001,000.0000000001,000.0000000001,000.0000000001,000.0000000001,000.0000000001,000.0000000001,000.000000000
5.2725005.3725005.5525006.0225006.1725006.3725006.8709696.870969
Totals 735,711,200.00 942.903601223 10.097874207 6.029833758 932.805727016
101 Barclay Street, 4 WestNew York, NY 10286
Officer: Michelle Penson212-815-3087
Associate: Steve Chrysanthis212-815-8318
CWABS, Inc.CWABS Asset-Backed Certificates Trust 2007-3
Asset-Backed Certificates, Series 2007-3
Page 5
Pool Level Data Distribution DateCut-off DateRecord DateDetermination DateLIBOR Determination DateAccrual Period 30/360
Number of Days in 30/360 Accrual Period
Accrual Period Actual Days
Number of Days in Actual Accrual Period
BeginEnd
BeginEnd
11/26/0703/01/0710/31/0711/15/0710/23/0710/01/0711/01/07
30
10/25/0711/26/07
32
Prefunding Detail
Target Funding BalanceInitial Funded BalanceSupplemental Loan Deposit from Prefunding Account
Group I Group II Total300,000,000.00299,995,841.59
4,158.41
462,000,000.00461,997,560.09
2,439.91
762,000,000.00761,993,401.68
6,598.32
Collateral Detail
Original Mortgage Loan Details
Original Aggregate Loan CountOriginal Stated Principal BalanceOriginal Weighted Average Mortgage RateOriginal Weighted Average Net Mortgage RateOriginal Weighted Average Remaining Term
Group I Group II Total
1,680300,000,000.00
8.25154%7.74254%
394
1,918462,000,000.00
8.30559%7.79659%
380
3,598762,000,000.00
Current Mortgage Loan Details
Beginning Aggregate Loan CountLoans Paid Off or otherwise removed pursuant to the PSAEnding Aggregate Loan Count
Group I Group II Total1,586
221,564
1,83311
1,822
3,41933
3,386
Beginning Pool Stated Principal BalanceScheduled PrincipalUnscheduled PrincipalRealized Principal LossesEnding Pool Stated Principal Balance
282,154,210.52132,632.05
4,249,201.200.00
277,772,377.27
437,839,429.42130,262.13
2,917,023.770.00
434,792,143.52
719,993,639.94262,894.18
7,166,224.970.00
712,564,520.79
101 Barclay Street, 4 WestNew York, NY 10286
Officer: Michelle Penson212-815-3087
Associate: Steve Chrysanthis212-815-8318
CWABS, Inc.CWABS Asset-Backed Certificates Trust 2007-3
Asset-Backed Certificates, Series 2007-3
Page 6
Beginning Weighted Average Mortgage RateBeginning Weighted Average Net Mortgage RateEnding Weighted Average Mortgage RateEnding Weighted Average Net Mortgage Rate
8.26603%7.75703%8.26696%7.75796%
8.28462%7.77562%8.28063%7.77163%
Beginning Weighted Average Remaining Term to MaturityEnding Weighted Average Remaining Term to Maturity
389387
374372
101 Barclay Street, 4 WestNew York, NY 10286
Officer: Michelle Penson212-815-3087
Associate: Steve Chrysanthis212-815-8318
CWABS, Inc.CWABS Asset-Backed Certificates Trust 2007-3
Asset-Backed Certificates, Series 2007-3
Page 7
Loan Substitution
Aggregate Stated of Principal Balances RemovedAggregate Stated of Principal Balance AddedAggregate Principal Substitution Shortfall Amount
Group I Group II Total
0.000.000.00
0.000.000.00
0.000.000.00
Fees of the Trust
Gross Master Servicing FeeNet Master Servicing FeeTrustee FeeMortgage Insurance Premium (MGIC)Mortgage Insurance Premium (UGI)Total Net Loan Fees
Group I Group II Total
117,564.25113,240.17
2,116.1644,799.8071,728.77
231,884.89
182,433.10178,985.79
3,283.8050,395.5896,537.16
329,202.33
299,997.35292,225.95
5,399.9595,195.39
168,265.93561,087.22
Servicer Advances
Principal AdvancesInterest AdvancesReimbursement for Principal & Interest AdvancesReimbursement for Nonrecoverable AdvancesTotal Advances
Group I Group II Total
21,280.80354,852.98
0.000.00
376,133.78
29,286.41721,481.40
0.000.00
750,767.81
50,567.211,076,334.38
0.000.00
1,126,901.59
Mortgage Prepayment Details
Principal Balance of Loans Paid in FullPrepayment Interest ExcessPrepayment Interest ShortfallCompensating InterestNon-Supported Prepayment Interest ShortfallPrepayment ChargesCPR %SMM %
Group I Group II Total
4,240,449.070.00
4,324.094,324.09
-0.0019,664.49
16.65480%1.50669%
2,899,630.410.00
3,447.313,447.31
-0.0017,228.277.71045%0.66643%
7,140,079.480.00
7,771.407,771.40
-0.0036,892.76
101 Barclay Street, 4 WestNew York, NY 10286
Officer: Michelle Penson212-815-3087
Associate: Steve Chrysanthis212-815-8318
CWABS, Inc.CWABS Asset-Backed Certificates Trust 2007-3
Asset-Backed Certificates, Series 2007-3
Page 8
Delinquency Information
Delinquency Info
30-59 Days
60-89 Days
90+ Days
Total
BalanceLoan Count
BalanceLoan Count
BalanceLoan Count
BalanceLoan Count
Group 1
14,597,314.2379
8,539,623.9451
6,528,403.6236
29,665,341.79166
5.25514%5.05115%
3.07432%3.26087%
2.35027%2.30179%
10.67973%10.61381%
Group 2
23,457,820.93102
20,731,426.2077
13,201,877.0052
57,391,124.13231
5.39518%5.59824%
4.76812%4.22613%
3.03637%2.85401%
13.19967%12.67838%
Total
38,055,135.16181
29,271,050.14128
19,730,280.6288
87,056,465.92397
5.34059%5.34554%
4.10785%3.78027%
2.76891%2.59894%
12.21735%11.72475%
Foreclosure Info
30-59 Days
60-89 Days
90+ Days
Total
BalanceLoan Count
BalanceLoan Count
BalanceLoan Count
BalanceLoan Count
Group 1
0.000
619,240.115
15,241,041.3386
15,860,281.4491
0.00000%0.00000%
0.22293%0.31969%
5.48688%5.49872%
5.70981%5.81841%
Group 2
0.000
1,090,165.945
31,985,469.46122
33,075,635.40127
0.00000%0.00000%
0.25073%0.27442%
7.35650%6.69594%
7.60723%6.97036%
Total
0.000
1,709,406.0510
47,226,510.79208
48,935,916.84218
0.00000%0.00000%
0.23989%0.29533%
6.62768%6.14294%
6.86758%6.43828%
REO Info
30-59 Days
60-89 Days
90+ Days
Total
BalanceLoan Count
BalanceLoan Count
BalanceLoan Count
BalanceLoan Count
Group 1
0.000
0.000
2,002,069.1113
2,002,069.1113
0.00000%0.00000%
0.00000%0.00000%
0.72076%0.83120%
0.72076%0.83120%
Group 2
0.000
0.000
6,142,011.0226
6,142,011.0226
0.00000%0.00000%
0.00000%0.00000%
1.41263%1.42700%
1.41263%1.42700%
Total
0.000
0.000
8,144,080.1339
8,144,080.1339
0.00000%0.00000%
0.00000%0.00000%
1.14293%1.15180%
1.14293%1.15180%
101 Barclay Street, 4 WestNew York, NY 10286
Officer: Michelle Penson212-815-3087
Associate: Steve Chrysanthis212-815-8318
CWABS, Inc.CWABS Asset-Backed Certificates Trust 2007-3
Asset-Backed Certificates, Series 2007-3
Page 9
Bankruptcy Info 30-59 Days
60-89 Days
90+ Days
Total
BalanceLoan Count
BalanceLoan Count
BalanceLoan Count
BalanceLoan Count
Group 1192,494.32
1
0.000
982,713.427
1,175,207.748
0.06930%0.06394%
0.00000%0.00000%
0.35378%0.44757%
0.42308%0.51151%
Group 20.00
0
0.000
2,615,982.5313
2,615,982.5313
0.00000%0.00000%
0.00000%0.00000%
0.60166%0.71350%
0.60166%0.71350%
Total192,494.32
1
0.000
3,598,695.9520
3,791,190.2721
0.02701%0.02953%
0.00000%0.00000%
0.50503%0.59067%
0.53205%0.62020%
Totals for ForeclosureBankruptcy, REO
All BalanceLoan Count
Group 1
19,037,558.29112
6.85365%7.16113%
Group 2
41,833,628.95166
9.62152%9.11087%
Total
60,871,187.24278
8.54255%8.21028%
Totals for Foreclosure,REOBankruptcy, Delinquency
All BalanceLoan Count
Group 1
48,702,900.08278
17.53338%17.77494%
Group 2
99,224,753.08397
22.82119%21.78924%
Total
147,927,653.16675
20.75990%19.93503%
101 Barclay Street, 4 WestNew York, NY 10286
Officer: Michelle Penson212-815-3087
Associate: Steve Chrysanthis212-815-8318
CWABS, Inc.CWABS Asset-Backed Certificates Trust 2007-3
Asset-Backed Certificates, Series 2007-3
Page 10
Realized Loss Detail
Realized Losses
Current Period Realized LossesCumulative Realized LossesTotal Liquidated Loan BalanceTotal Liquidated ProceedsSubsequent RecoveriesMDR ( Monthly Default Rate )CDR ( Conditional Default Rate )
Group I Group II Total
0.0049,662.40
0.000.00
-190.000.00000%0.00000%
0.001,269.00
0.000.00
-570.000.00000%0.00000%
0.0050,931.40
0.000.00
-760.00
Loan ID
LiquidationBalance
LiquidationProceeds
RealizedLoss
Group I
Group II
N/A
N/A
101 Barclay Street, 4 WestNew York, NY 10286
Officer: Michelle Penson212-815-3087
Associate: Steve Chrysanthis212-815-8318
CWABS, Inc.CWABS Asset-Backed Certificates Trust 2007-3
Asset-Backed Certificates, Series 2007-3
Page 11
Servicer Remittance Summary
Interest Remittance Amount
Scheduled Interest CollectedPlus: Compensating InterestLess: Servicing FeesLess: Mortgage Insurance Premium (PMI)Total Interest Remittance Amount
Group I Group II Total
1,939,919.554,324.09
117,564.25116,528.57
1,710,150.82
3,021,249.443,447.31
182,433.10146,932.75
2,695,330.91
4,961,168.997,771.40
299,997.35263,461.31
4,405,481.72
Principal Remittance Amount
Scheduled PrincipalCurtailment PrincipalPaid in Full PrincipalRepurchased PrincipalLiquidation PrincipalSubsequent RecoveriesLess: Non-Recoverable Principal Advances relating to PrincipalTotal Principal Remittance Amount
Group I Group II Total
132,632.058,752.13
4,240,449.070.000.00
-190.000.00
4,381,643.25
130,262.1317,393.36
2,899,630.410.000.00
-570.000.00
3,046,715.90
262,894.1826,145.49
7,140,079.480.000.00
-760.000.00
7,428,359.15
Other Remittance Amounts
Prepayment ChargeOther Amounts RequiredTotal Other Remittance
Group I Group II Total19,664.49
0.0019,664.49
17,228.270.00
17,228.27
36,892.760.00
36,892.76
Total Servicer Remittance 6,111,458.56 5,759,275.08 11,870,733.63
101 Barclay Street, 4 WestNew York, NY 10286
Officer: Michelle Penson212-815-3087
Associate: Steve Chrysanthis212-815-8318
CWABS, Inc.CWABS Asset-Backed Certificates Trust 2007-3
Asset-Backed Certificates, Series 2007-3
Page 12
Distributable Amounts
Principal Distribution Amount
Principal Remittance AmountPlus: Supplemental Loan DepositPlus: Extra Principal Distribution AmountLess: OC ReductionPrincipal Distribution Amount
Group I Group II Total
4,381,643.250.00
448.290.00
4,382,091.54
3,046,715.900.00
311.710.00
3,047,027.61
7,428,359.150.00
760.000.00
7,429,119.15
Interest Funds
Interest RemittanceLess: Trustee FeeInterest Funds
Group I Group II Total
1,710,150.822,116.16
1,708,034.66
2,695,330.913,283.80
2,692,047.11
4,405,481.725,399.95
4,400,081.77
Distribution Summary
Amounts Available for Distribution
Total Servicer RemittanceInvestment IncomeCertificate Net Swap Proceeds Allocable to the TrustCapitalized Interest Account withdrawalSupplemental Loan DepositCarryover Reserve Fund withdrawalPrincipal Reserve Fund withdrawalOther AmountsTotal Available
11,870,733.631.700.000.000.000.000.000.00
11,870,735.33
Distribution Payments
Trustee FeeCertificate Net Swap PaymentClass PaymentsTotal Payments
5,399.950.00
11,865,335.3811,870,735.33
101 Barclay Street, 4 WestNew York, NY 10286
Officer: Michelle Penson212-815-3087
Associate: Steve Chrysanthis212-815-8318
CWABS, Inc.CWABS Asset-Backed Certificates Trust 2007-3
Asset-Backed Certificates, Series 2007-3
Page 13
Trust Accounts
Distribution Account
Beginning BalanceDepositWithdrawalEnding Balance
0.0011,870,735.3311,870,735.33
0.00
Carryover Reserve Account
Beginning BalanceDepositsWithdrawalsEnding Balance
1,000.0020.2220.22
1,000.00
Prefunding Account
Beginning BalanceDepositWithdrawalEnding Balance
0.000.000.000.00
Certificate Swap Account
Beginning BalanceDepositsWithdrawalsEnding Balance
0.000.000.000.00
Swap contract begins September 2007.
Class P Principal Reserve Account
Beginning BalanceDepositWithdrawalEnding Balance
100.000.000.00
100.00
101 Barclay Street, 4 WestNew York, NY 10286
Officer: Michelle Penson212-815-3087
Associate: Steve Chrysanthis212-815-8318
CWABS, Inc.CWABS Asset-Backed Certificates Trust 2007-3
Asset-Backed Certificates, Series 2007-3
Page 14
Final Maturity Reserve Fund
Beginning BalanceDepositWithdrawalsEnding Balance
1,000.000.000.00
1,000.00
Corridor Contract Details
Class 1-A Corridor Contract
Corridor Contract Notional BalanceCorridor Contract Strike RateCorridor Contract Ceiling Rate
0.000.00000%
18.00000%
Corridor Contract PaymentNet Corridor Contract PaymentExcess Corridor Contract Payment
0.000.000.00
Class 2-A Corridor Contract
Corridor Contract Notional BalanceCorridor Contract Strike RateCorridor Contract Ceiling Rate
0.000.00000%
18.00000%
Corridor Contract PaymentNet Corridor Contract PaymentExcess Corridor Contract Payment
0.000.000.00
Subordinate Corridor Contract
Corridor Contract Notional BalanceCorridor Contract Strike RateCorridor Contract Ceiling Rate
0.000.00000%
18.00000%
Corridor Contract PaymentNet Corridor Contract PaymentExcess Corridor Contract Payment
0.000.000.00
101 Barclay Street, 4 WestNew York, NY 10286
Officer: Michelle Penson212-815-3087
Associate: Steve Chrysanthis212-815-8318
CWABS, Inc.CWABS Asset-Backed Certificates Trust 2007-3
Asset-Backed Certificates, Series 2007-3
Page 15
Certificate Swap Contract Details
Swap Contract begins September 2007
Floating Rate ReceiptFixed Rate Payment
2,962,387.532,929,708.55
Net Swap Payment PaidNet Swap Payment ReceivedNet Swap Payment Received allocated to Trust
0.0032,678.98
0.00
Swap Termination FeeSeniors Libor Classes Current Interest and Interest Carry Forward AmountsSubordinate Current Interest and Interest Carry Forward AmountsExtra Principal Distribution to meet OD DeficiencyNet Carryover Amounts PaidSenior Classes Unpaid Loss AmountsSubordinate Classes Unpaid Loss AmountsTotal
0.000.000.000.000.000.000.000.00
101 Barclay Street, 4 WestNew York, NY 10286
Officer: Michelle Penson212-815-3087
Associate: Steve Chrysanthis212-815-8318
CWABS, Inc.CWABS Asset-Backed Certificates Trust 2007-3
Asset-Backed Certificates, Series 2007-3
Page 16
Net Rate Carryover Details
Net Rate Cap Details
Libor RateGroup 1 Net Rate CapGroup 2 Net Rate CapSubordinate Net Rate Cap
4.87250%6.80759%6.91211%6.87097%
Class Beginning Balance Interest Thereon Current Period Amount Amount Paid Ending Amount
1A2-A-12-A-22-A-32-A-4M-1M-2M-3M-4M-5M-6M-7M-8Total
0.000.000.000.000.000.000.000.000.000.000.000.000.00
--
0.000.000.000.000.000.000.000.000.000.000.000.000.00
--
0.000.000.000.000.000.000.000.000.000.000.00
10.899.33
20.22
0.000.000.000.000.000.000.000.000.000.000.00
10.899.33
20.22
0.000.000.000.000.000.000.000.000.000.000.000.000.00
--
101 Barclay Street, 4 WestNew York, NY 10286
Officer: Michelle Penson212-815-3087
Associate: Steve Chrysanthis212-815-8318
CWABS, Inc.CWABS Asset-Backed Certificates Trust 2007-3
Asset-Backed Certificates, Series 2007-3
Page 17
Credit Enhancements
Overcollateralization Details
OC PriorOC FloorOC TargetOC DeficiencyOC ReductionOC Ending
26,289,000.003,810,000.00
26,289,000.000.000.00
26,289,000.00
Application of Excess Cashflow
Excess Cashflow available after application of interest paymentsPlus: OC Reduction AmountPlus: Carryover Reserve Fund earningsLess: Extra Principal Distribution AmountLess: Unpaid Realized Loss AmountLess: Interest Carryforward AmountLess: Carryover Shortfalls PaidLess: Transfer to Carryover Shortfall Reserve to replenish initial depositRemaining Excess Cashflow available to Residual Class
1,204,555.090.000.00
760.000.000.00
20.220.00
1,203,774.88
Trigger Event Details
Delinquency Trigger Test
Current Month1 Month Prior2 Months Prior
Group I Group II Total
34,105,585.8528,177,252.8121,825,348.54
75,766,932.1558,207,507.4745,190,127.22
109,872,518.0086,384,760.2867,015,475.76
Three-month Rolling Delinquency RateSenior Enhancement PercentageSpecified Delinquency Rate Trigger
12.20822%22.06644%
8.46689%
Is Delinquency Trigger Event in Effect? NO
Delinquency Trigger Event applicable only onor after the Step-Down Date
101 Barclay Street, 4 WestNew York, NY 10286
Officer: Michelle Penson212-815-3087
Associate: Steve Chrysanthis212-815-8318
CWABS, Inc.CWABS Asset-Backed Certificates Trust 2007-3
Asset-Backed Certificates, Series 2007-3
Page 18
Cumulative Loss Trigger Test
Cumulative Loss PercentageSpecified Cumulative Loss Percentage
0.00668%100.00000%
Is Cumulative Loss Trigger Event in Effect? NO
Cumulative Loss Trigger Event applicableonly on or after the Step-Down Date
Is Trigger Event in Effect? NO
Stepdown Date Details
Balance of Senior Notes ( after application of Principal Remittance Amount )Threshold Balance of Senior Notes to trigger Stepdown DateHas the 3rd Anniversary Distribution Date occured?Has the Balance of Senior Notes been reduced to zero?
NONO
553,688,280.79415,425,115.62
Has Stepdown Date been reached? NO
101 Barclay Street, 4 WestNew York, NY 10286
Officer: Michelle Penson212-815-3087
Associate: Steve Chrysanthis212-815-8318
CWABS, Inc.CWABS Asset-Backed Certificates Trust 2007-3
Asset-Backed Certificates, Series 2007-3
Page 19
Subordination
Credit Support
Class AClass A Percentage
Class M-1Class M-1 Percentage
Class M-2Class M-2 Percentage
Class M-3Class M-3 Percentage
Class M-4Class M-4 Percentage
Class M-5Class M-5 Percentage
Class M-6Class M-6 Percentage
Class M-7Class M-7 Percentage
Class M-8Class M-8 Percentage
Original Current
603,123,200.0081.978255%
38,481,000.005.230449%
33,909,000.004.609010%
11,811,000.001.605385%
12,573,000.001.708959%
12,573,000.001.708959%
8,382,000.001.139306%
8,001,000.001.087519%
6,858,000.000.932159%
553,687,620.7980.680066%
38,481,000.005.607222%
33,909,000.004.941018%
11,811,000.001.721029%
12,573,000.001.832063%
12,573,000.001.832063%
8,382,000.001.221375%
8,001,000.001.165858%
6,858,000.000.999307%
101 Barclay Street, 4 WestNew York, NY 10286
Officer: Michelle Penson212-815-3087
Associate: Steve Chrysanthis212-815-8318
CWABS, Inc.CWABS Asset-Backed Certificates Trust 2007-3
Asset-Backed Certificates, Series 2007-3
Page 20
Prepayment Loan Details
Prepayment Penalties
Group I Group II Total19,664.49 17,228.27 36,892.76
Loan ID
Balance
Paid Off Date
Penalty
State
Rate
Seasoning
Type
Group I
148103918148298551148342764148552569148577196
148639775155443488155703004155703164156421311
156630376156659038156901715156925196157093784
157249882157365252157525687157749812157938686
158023485158179878
Group II
147550705148206995148211020148252585154962602
156404518157004426157799362157863964157934448
158093416
258,216.85147,728.67249,299.14215,692.12295,060.03
206,999.89191,189.17
82,871.23174,148.79257,251.53
93,140.95259,432.40
76,147.8689,552.86
106,565.36
298,309.90311,946.70138,864.89113,645.69181,646.19
370,500.00123,970.36
315,434.35212,000.00
77,274.93107,000.00870,984.98
111,435.64295,630.51264,750.00178,950.00256,596.50
210,905.75
10/29/0710/30/0710/17/0711/02/0711/15/07
10/29/0711/08/0711/12/0711/02/0710/31/07
10/22/0710/16/0710/29/0711/01/0711/09/07
10/30/0710/17/0711/01/0710/23/0710/18/07
11/01/0710/23/07
10/17/0711/06/0710/16/0711/06/0711/05/07
11/06/0710/23/0710/30/0711/15/0710/16/07
10/23/07
8,723.220.000.00
8,365.860.00
0.000.000.000.000.00
0.000.000.000.00
1,335.71
0.000.000.000.000.00
0.001,239.70
0.000.00
3,863.740.000.00
0.000.00
5,295.005,503.572,565.96
0.00
WASC
WANHNJ
NMNJILIL
NY
MDIL
MDGAMN
MEMA
ILWINJ
ILMI
NYNCFL
MDUT
WIUTVAFLNC
FL
8.4508.8507.8009.7007.125
6.7508.625
11.0008.6257.250
9.7508.2508.8758.5007.625
7.8758.5007.100
10.7508.650
7.3008.750
10.3759.6007.1758.0928.890
8.4308.9008.8007.7008.050
9.250
99
1099
98999
99999
98999
98
99
1199
99999
9
Paid in FullPaid in FullPaid in FullPaid in FullPaid in Full
Paid in FullPaid in FullPaid in FullPaid in FullPaid in Full
Paid in FullPaid in FullPaid in FullPaid in FullPaid in Full
Paid in FullPaid in FullPaid in FullPaid in FullPaid in Full
Paid in FullPaid in Full
Paid in FullPaid in FullPaid in FullPaid in FullPaid in Full
Paid in FullPaid in FullPaid in FullPaid in FullPaid in Full
Paid in Full
101 Barclay Street, 4 WestNew York, NY 10286
Officer: Michelle Penson212-815-3087
Associate: Steve Chrysanthis212-815-8318
CWABS, Inc.CWABS Asset-Backed Certificates Trust 2007-3
Asset-Backed Certificates, Series 2007-3
Page 21
Stratification Tables
Group I
Update Face
Numberof Items
Percentof Items
PrincipalBalance
Percentof Balance
< =0.00
25,000.0050,000.0075,000.00
100,000.00125,000.00150,000.00175,000.00200,000.00225,000.00250,000.00275,000.00300,000.00325,000.00350,000.00375,000.00400,000.00425,000.00450,000.00475,000.00500,000.00525,000.00550,000.00575,000.00600,000.00625,000.00650,000.00675,000.00700,000.00725,000.00750,000.00775,000.00
>
--------------------------------
0.0025,000.0050,000.0075,000.00
100,000.00125,000.00150,000.00175,000.00200,000.00225,000.00250,000.00275,000.00300,000.00325,000.00350,000.00375,000.00400,000.00425,000.00450,000.00475,000.00500,000.00525,000.00550,000.00575,000.00600,000.00625,000.00650,000.00675,000.00700,000.00725,000.00750,000.00775,000.00800,000.00800,000.00
008
130185227196148144116
8764636946312517
1320100100000000
0.0000.0000.5128.312
11.82914.51412.532
9.4639.2077.4175.5634.0924.0284.4122.9411.9821.5981.0870.0640.1920.1280.0000.0640.0000.0000.0640.0000.0000.0000.0000.0000.0000.0000.000
0.000.00
356,736.908,069,609.83
16,371,316.1825,465,560.5226,996,819.2824,035,570.6227,010,030.4224,779,452.8920,672,262.4316,752,815.6518,193,987.7121,540,740.2715,662,576.4211,237,892.91
9,731,649.086,968,721.00
437,103.251,370,694.85
973,993.430.00
526,093.630.000.00
618,750.000.000.000.000.000.000.000.000.00
0.0000.0000.1282.9055.8949.1689.7198.6539.7248.9217.4426.0316.5507.7555.6394.0463.5032.5090.1570.4930.3510.0000.1890.0000.0000.2230.0000.0000.0000.0000.0000.0000.0000.000
Wgt Ave / Total: 1564 100.000 277,772,377.27 100.000
Group II
Update Face
Numberof Items
Percentof Items
PrincipalBalance
Percentof Balance
< =0.00
25,000.0050,000.0075,000.00
100,000.00125,000.00
------
0.0025,000.0050,000.0075,000.00
100,000.00125,000.00150,000.00
007
112150159168
0.0000.0000.3846.1478.2338.7279.221
0.000.00
330,864.977,276,698.66
13,211,585.4317,956,367.3223,102,919.50
0.0000.0000.0761.6743.0394.1305.314
101 Barclay Street, 4 WestNew York, NY 10286
Officer: Michelle Penson212-815-3087
Associate: Steve Chrysanthis212-815-8318
CWABS, Inc.CWABS Asset-Backed Certificates Trust 2007-3
Asset-Backed Certificates, Series 2007-3
Page 22
Update Face
Numberof Items
Percentof Items
PrincipalBalance
Percentof Balance
150,000.00175,000.00200,000.00225,000.00250,000.00275,000.00300,000.00325,000.00350,000.00375,000.00400,000.00425,000.00450,000.00475,000.00500,000.00525,000.00550,000.00575,000.00600,000.00625,000.00650,000.00675,000.00700,000.00725,000.00750,000.00775,000.00
>
--------------------------
175,000.00200,000.00225,000.00250,000.00275,000.00300,000.00325,000.00350,000.00375,000.00400,000.00425,000.00450,000.00475,000.00500,000.00525,000.00550,000.00575,000.00600,000.00625,000.00650,000.00675,000.00700,000.00725,000.00750,000.00775,000.00800,000.00800,000.00
154157134115
9980624945554138563519201318
810
3401127
8.4528.6177.3556.3125.4344.3913.4032.6892.4703.0192.2502.0863.0741.9211.0431.0980.7140.9880.4390.5490.1650.2200.0000.0550.0550.1100.384
24,933,880.2929,330,666.3128,461,084.4927,376,530.8926,024,784.6922,957,713.5219,361,624.9816,518,048.0616,249,684.1421,433,911.0816,975,805.4716,663,588.1725,894,884.3117,057,089.45
9,832,349.4910,708,269.88
7,290,830.3610,668,411.14
4,896,862.236,405,174.411,996,047.992,739,686.56
0.00749,522.57770,919.52
1,566,000.006,050,337.64
5.7356.7466.5466.2965.9865.2804.4533.7993.7374.9303.9043.8335.9563.9232.2612.4631.6772.4541.1261.4730.4590.6300.0000.1720.1770.3601.392
Wgt Ave / Total: 1822 100.000 434,792,143.52 100.000
Group I
Issuance Coupon
Numberof Items
Percentof Items
PrincipalBalance
Percentof Balance
< =5.05.56.06.57.07.58.08.59.09.5
10.010.511.011.512.0
>
---------------
5.05.56.06.57.07.58.08.59.09.5
10.010.511.011.512.012.512.5
05
2359
114136228204260199187
77392112
00
0.0000.3201.4713.7727.2898.696
14.57813.04316.62412.72411.957
4.9232.4941.3430.7670.0000.000
0.001,094,790.775,421,647.60
15,572,094.0327,697,275.8628,309,649.2945,875,549.4838,329,868.0744,758,053.2831,690,643.5024,435,304.55
7,983,187.963,909,351.181,914,368.13
780,593.570.000.00
0.0000.3941.9525.6069.971
10.19216.51613.79916.11311.409
8.7972.8741.4070.6890.2810.0000.000
Wgt Ave / Total: 1564 100.000 277,772,377.27 100.000
101 Barclay Street, 4 WestNew York, NY 10286
Officer: Michelle Penson212-815-3087
Associate: Steve Chrysanthis212-815-8318
CWABS, Inc.CWABS Asset-Backed Certificates Trust 2007-3
Asset-Backed Certificates, Series 2007-3
Page 23
Group II
Issuance Coupon
Numberof Items
Percentof Items
PrincipalBalance
Percentof Balance
< =5.05.56.06.57.07.58.08.59.09.5
10.010.511.011.512.0
>
---------------
5.05.56.06.57.07.58.08.59.09.5
10.010.511.011.512.012.512.5
0102670
134189248240246193203135
833014
10
0.0000.5491.4273.8427.355
10.37313.61113.17213.50210.59311.142
7.4094.5551.6470.7680.0550.000
0.004,082,406.419,701,736.26
22,524,209.5643,382,819.8454,791,470.4968,355,725.5055,995,667.4757,030,688.5339,298,756.9538,226,435.9022,006,027.9112,537,907.01
5,074,472.451,729,924.70
53,894.540.00
0.0000.9392.2315.1809.978
12.60215.72112.87913.117
9.0398.7925.0612.8841.1670.3980.0120.000
Wgt Ave / Total: 1822 100.000 434,792,143.52 100.000
Group I
Location Numberof Items
Percentof Items
PrincipalBalance
Percentof Balance
CAFLAZVA
WACO
Others
155190
79423423
1041
9.91012.148
5.0512.6852.1741.471
66.560
42,293,232.3834,519,465.6715,096,173.58
8,308,041.027,835,966.304,151,818.83
165,567,679.49
15.22612.427
5.4352.9912.8211.495
59.606
Wgt Ave / Total: 1564 100.000 277,772,377.27 100.000
Group II
Location Numberof Items
Percentof Items
PrincipalBalance
Percentof Balance
CAFLAZVA
WACO
Others
269267123
386423
1038
14.76414.654
6.7512.0863.5131.262
56.970
100,744,160.6760,586,787.8927,216,074.3810,402,756.7718,297,802.04
6,070,215.22211,474,346.55
23.17113.935
6.2602.3934.2081.396
48.638
Wgt Ave / Total: 1822 100.000 434,792,143.52 100.000
Group I
101 Barclay Street, 4 WestNew York, NY 10286
Officer: Michelle Penson212-815-3087
Associate: Steve Chrysanthis212-815-8318
CWABS, Inc.CWABS Asset-Backed Certificates Trust 2007-3
Asset-Backed Certificates, Series 2007-3
Page 24
Update Term
Numberof Items
Percentof Items
PrincipalBalance
Percentof Balance
< =120180300
>
---
120180300360360
000
1167397
0.0000.0000.000
74.61625.384
0.000.000.00
194,927,143.8782,845,233.40
0.0000.0000.000
70.17529.825
Wgt Ave / Total: 1564 100.000 277,772,377.27 100.000
Group II
Update Term
Numberof Items
Percentof Items
PrincipalBalance
Percentof Balance
< =120180300
>
---
120180300360360
000
1553269
0.0000.0000.000
85.23614.764
0.000.000.00
360,141,683.9474,650,459.58
0.0000.0000.000
82.83117.169
Wgt Ave / Total: 1822 100.000 434,792,143.52 100.000