IlJ NC CAPITAL CO.~>ORATION-• A NEW CENTURY COMPANY

210 Commerce, Irvine. CA 92602 8()()-858-3068 Fax 949·797-5395

August 29, 2006

Citigroup Global Markets Inc. 390 Greenwich Street 4th Floor, New York, New York 10013

For the purpose of todays funding. the following are wire instructions for all parties:

Purchase Principal Balance

Adjusted Premium @ 102.5346

Accrued Interest:

Total Sale Proceeds:

Morgan Stanley O!an W itter is to receive­Bank Name: ABA:

Acct#: Ace! Name: FIF/C: Attn:

yes Real Eslats Socurilies Inc. 15 10 receiye '

Bank Name: ABA:

Acct#: Ace! Name:

Bsrclays Capi tal is 10 receive '

Account Name:

ABA:

Bank Name:

Acct#: Contact Name:

Contact Phone:

Bank of Amedca is to receive:

Bank Name:

ABA:

Acct#: Ref:

Bear Steams Mortgage Capital is to recelye '

Bank Name:

ABA#:

Accl#: Attn :

$ 948,944,205.01 $ 24,051,939.82 $ 5,630,445.73

I $ 978,626,590.56 I ,;

$423,551 ,814.19 ,/ Citibank, NY, NY

MSMCI

New Century

$29,569,889.41 ,., Chase Manhattan Bank, New York, NY

UBS Real Estate Securities Inc.

$221,012,979.83 0/ BBPLC New York Branch

Bank of New York

Whole Loan Operations

$147,390,016.80 '" Bank of America, Dallas

New Century Repo,

$64,383,488.51 V Bank One National Association/Bear Steams MBS

Page 1 o f 2

r.,. NC CAPITAL CO,jORATlON-.,. A NEW CENTURY COMPANY

IXIS Real Estate Capital Inc is to receive"

Bank Name:

City: ABA:

Acct#:

Ace! Name: Attention:

CSFB Mortgage Capital LlC is to receive·

Bank Name:

ABA:

Acct#:

Acct Name:

Attn:

Salomon Brothers Realty Corn. is to receive:

Bank Name:

ABA#:

Accl#:

Ref: Attn:

Von Karman. is to receive: Bank Name:

ABA#:

Acc!#:

Account Nama

Ref:

New CentUry Mortgage is to receive:

Bank Name:

ABA:

Acct#:

Attn:

Ref:

If you have any questions, please call me at (949) 517-1784.

Sincerely,

~,~r.~~ ;(~ Robert lent, VP of Secondary Marketing

Authorized Signer I Title

210 Commerce, Irvine, CA 92602 800-858-3068 Fax 949-797-5395

$12,841,106.82 y' Bank of New York

New York, NY

SER

$38,421 ,261 .59 y'

Citibank, New Yorl<, NY

CSFB Buyer I New Century Seiler Inbound

$259,554.97 ,/ Chase Manhattan Bank

New Century Repo

Citigroup Global Markets Realty Corp.

$2,942,628.32 r' Deutsche Bank Trust Company Americas

Corporate Trust & Agency Services

Von Karman Funding llC

$38,253,850.12 y

DBTCO Americas NYC

New Century Mortgage Corp

Page2of2

r.~ NC CAPITAL CORPORATION-., A NEW CENTURY COMPANY

FUNDING MEMO Investor Name:

Trade Date:

Settlement Date:

Cutoff Oat&: Loan Count: Current Balance: Gross Coupon: Servicing Fee: Net Coupon: Purchase Price:

Premium Purchase Proceeds: Accrued Interest: Total Wire Amount:

Total Wire Amount: Wire Amount· Citigroup Diff

ICitigroup Global Markets Inc.

$

$ $ $ $

6I9l2OO6

8/29/2006

812312006 4,507

948,944 ,205.01 8.4000 0.5000 7.9000

102.5346

24,051 ,939.82 972,996,144.83

5,630,445.73 978,626,590.56

I S 978,626,590.56 I

$ (0.00)

Traded As

WAC 8.4000

WAM 6.2400 Loss Coverage o.()()()() FICO 0

Delivered Oiff

8.425 0.025

6.189 -0.051

0.000 0.000 0.000 0.000

Price Adjustment

0.03750

-0.02038

0.000 0.000

Total Price Adjustment 0.017116 Trade Price 102.5500 Final Adjusted Price 102.5671 1 Investor Final Negotiated Price 102.534& ••• Oiff -0.0325 I"'comments: Prepay 2yrs underdelivery Bid Slip at 63% Vs Delivered 47.57% Price Ad; fO( .0325 bps

% Execution· All in {Loan Amount) 9l"/. % Execution· Without Ne Fallout (loan Amount) 94%

Wire Breakdown Morgan Stanley $ 423,551,814.19 UBS $ 29,569,889.41 Barelays $ 221 ,012,979.83 Bank of America $ 147,390,016.80 Bear $ 64,383,488.51 CDCI1XIS $ 12,841 ,106.82 CSFB $ 38,421 ,261 .59 Salomon $ 259,554.97 Von Karman $ 2,942,628.32 NewCenbJry $ 38,253,850.12

Total Wire Breakdown: S 978,626,590.56

Variance: $0.00

f!~ NC CAPITAL CORPORATION-., A NEW CEmURY COMPANY

FUNDING MEMO Investor Name:

Trade Date:

Settlement Date:

Cutoff Date: Loan Count: Current Balance: Gross Coupon: Servicing Fee: Net Coupon: Purchase Price:

Premium Purchase Proceeds: Accrued interest: Total Wire Amount:

Total Wire Amount: Wire Amount - Cltlgroup DiH

ICitigroup Global Markets Inc. 6J9J2006

8129/2006

$

$ $ $ $

812312006 4,507

948,944,205.01 8.4250 0.5000 7.9250

102.5346

24,051,939.82 972.996,144.83

5,630,445.73

978,626,590.56

I $ 978,626,590.56 I $ 978,626,590.56 $ (0.00)

WAC

WAM

%Prepay 2ys (UnderDelivered) 40yr Loans Overdellvered Total Price Adjustment Trade Price Total Price Adjustment Less: Price Adj due PP 2yrs*­Final Adjusted Price Investor Final NegotIated Price Dlff

Traded As Delivered

8.4000 8.425

6.2400 6.189 63 47.57 3. 44.20

102.5500 -0.0215

0.0061

Price

Diff Adjustment

0.025 0.03750

-0.051 ·0.02038 -15.43 -0.03858 -5.200 0.000

-0.021459

···Comments: pp 2vrs u; ·rdeliverv Bid SUD at 63% Vs Delivered 47.57% Price Adjusted for .032 Price a/so affected bv 41 'n overde/ivered bid SliD at Max 39% delivered 44.20%

% Execution - All in (Loan Amd~nt) % Execution - Without NC Falloul-{Loan Amount)

Wire Breakdown Morgan Stanley

UBS " Barclays Bank of Am~rlca Be" CDCflXIS CSFB Salomon Von Kannan New Century

93% 94%

$423,551,814.19 $ 29,569,889.41 $221,012,979.83 ~ $147,390,016.80 r $ 64,383,488.51 $ 12,841,106.82 .------$ 38,421,261.59 ( $ 259,554.97 $ 2,942,628.32 r---$ 38,253,850.12 '

Prepared by: Nonita Arizala Total Wlre Breakdown: $978,626,590.56 ,--,

Variance:

1st authorize Signer (Certify the accuracy of the above infOrmation)

2nd authorize Signer

$0.00

('-1:

-----