From: Barrett, Paul S <p Sent: Tuesday, May 1, 21.11 To: Epstein, Jeffrey ([email protected]) Cc: Giuffrida, David Subject: $2.59mm of WAMU 04-AR3 B2 @ 62-16 (10% yield / 6.26 durn) =OA Jeffrey=/b> Found a bond for the 51MM we were looking to spe=d from last week. =AMU 04-AR3 B2 is a Prime 5/1 Subordinate bond backed by seasoned Prim= 5/1 hybrid jumbo mortgages. HIGHLIGHTS=/b> - &n=sp; 747 FICO - &nb=p; HPI Updated LTV = 58.53%- &nb=p; 85% of the borrowers have not missed a payment in the past 2 years - &=bsp; 96% owner occupied -=nbsp; <=span>97 months seasoned</=> =OA WAMU 2004-AR3 B2 Offered @ 62-16</=> =OD =OA BOND DESCRIPTION Prepay Rate 6 CPR 10 ramp 36 14 C=R Cu=ip: 92922FNM6 =0D =OD =OD Default Rate 1 EFTA_R1_01711033 EFTA02553893