Excerpts II - Prospectus Supplement - CWHEQ 06 S10

Below are excerpts from three sections on the 1. Statistical Calculation Information 2. Underwriting Guidelines, and 3. Statistical Calculation Pool. Please see the original document for context.

Prospectus and Prospectus Supplement

http://www.sec.gov/Archives/edgar/data/1310402/000114420407000366/v061649_424b5.htm


1. 
Set forth below and in Annex A hereto is certain statistical information based on scheduled principal balances as of December 1, 2006, which is the “Statistical Calculation Date,” concerning a pool of mortgage loans that the Depositor believes is representative of the mortgage loans to be included in the issuing entity.
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Characteristic			Permitted Variance or Range
Average Stated Principal Balance		$47,917	± 5%
Weighted Average Mortgage Rate		8.269%	± 0.10%
Weighted Average Original Combined Loan-to-Value Ratio		87.04%	± 3.00%
Weighted Average Remaining Term to Maturity		211 months	± 3 months
Weighted Average FICO Score		728 points	± 5 points

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Statistical Calculation Information

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As of the statistical calculation date, the mortgage loans in the statistical calculation pool had the following characteristics:

S-2

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Statistical Calculation Date Pool Principal Balance		$	1,320,898,508
Number of Mortgage Loans			27,541
Average Current Principal Balance		$	47,961
Range of Current Principal Balances		$	2,380 to $675,000
Weighted Average Mortgage Rate			8.272	%
Range of Mortgage Rates			5.150% to 17.000	%
Weighted Average Original Combined Loan-to-Value Ratio			87.04	%
Percentage of Mortgage Loans with Original Combined Loan-to-Value Ratios Greater than 80%			77.02	%
Geographic Concentrations in excess of 10%:
California			21.88	%
Weighted Average Original Term to Stated Maturity			213 months
Weighted Average Remaining Term to Stated Maturity			211 months
Percentage of Mortgage Loans with Prepayment Charges			33.32	%
Minimum FICO Score			584 points
Maximum FICO Score			843 points
Weighted Average FICO Score			728 points
Number of Mortgage Loans with Unknown FICO Score			0
Percentage of Mortgage Loans with Unknown FICO Score			0.00	%

2. Underwriting Standards General The following is a description of the underwriting procedures customarily employed by Countrywide Home Loans with respect to fixed rate closed-end second lien mortgage loans....  Each applicant for a closed-end second lien mortgage loan must complete an application that lists the applicant’s assets, liabilities, income, employment history, and other demographic and personal information. If information in the loan application demonstrates that the applicant has sufficient income and there is sufficient equity in the real property to justify making a closed-end second lien mortgage loan, Countrywide Home Loans will conduct a further credit investigation of the applicant. This investigation includes obtaining and reviewing an independent credit bureau report on the credit history of the applicant to evaluate the applicant’s ability and willingness to repay. The credit report typically contains information relating to such matters as credit history with local merchants and lenders, installment and revolving debt payments, and any record of delinquencies, defaults, bankruptcy, collateral repossessions, suits or judgments.  ... Full appraisals are generally performed on all closed-end second lien mortgage loans that at origination had a loan amount greater than $100,000.  3. THE STATISTICAL CALCULATION POOL Loan Programs Loan Program Number of Statistical Mortgage Loans Aggregate Principal Balance Outstanding % of Statistical Mortgage Loans Average Principal Balance Outstanding ($) Weighted Average Current Mortgage Rate (%) Weighted Average Remaining Term to Maturity  (Months) Weighted Average FICO Credit Score Weighted Average Original Combined Loan-to- Value Ratio (%) 5 Year Term 3 $ 92,441 0.01 % 30,814 10.032 59.00 727 69.8 10 Year Term 708 22,568,103 1.71 31,876 7.906 118.90 727 74.7 15 Year Term 6,814 276,876,243 20.96 40,633 7.925 178.89 723 81.0 20 Year Term 262 13,512,470 1.02 51,574 9.396 237.49 692 81.2 25 Year Term 2 58,814 (1 ) 29,407 10.209 298.00 713 92.8 30 Year Term 2,661 153,619,213 11.63 57,730 7.996 357.23 726 84.4 10 Year Term - 10 Year Interest Only Period 164 9,470,911 0.72 57,749 8.580 119.00 734 90.2 15 Year Term - 15 Year Interest Only Period 637 39,691,812 3.00 62,311 8.313 179.03 735 89.7 25 Year Term - 10 Year Interest Only Period 2,200 136,780,756 10.36 62,173 8.363 298.98 730 86.9 30 Year Term - 10 Year Interest Only Period 2 45,200 (1 ) 22,600 14.765 358.37 664 91.6 30/10 Fixed Balloon 1 45,361 (1 ) 45,361 10.150 118.00 777 99.9 30/15 Fixed Balloon 14,086 668,076,139 50.58 47,428 8.441 178.71 730 90.5 30/20 Fixed Balloon 1 61,044 (1 ) 61,044 9.250 237.00 756 99.9 Total 27,541 $ 1,320,898,508 100. % Original Combined Loan-to-Value Ratios(1) Range of Original Combined Loan-to- Value Ratios (%) Number of Statistical Mortgage Loans Aggregate Principal Balance Outstanding % of Statistical Mortgage Loans Average Principal Balance Outstanding ($) Weighted Average Current  Mortgage Rate (%) Weighted Average Remaining Term to Maturity (Months) Weighted Average FICO Credit Score Weighted Average Original Combined Loan-to- Value Ratio (%) 50.00 or Less 1,029 $ 53,329,989 4.04 % 51,827 7.123 225.37 741 40.5 50.01 - 55.00 427 22,960,661 1.74 53,772 7.321 216.10 733 52.6 55.01 - 60.00 454 24,517,872 1.86 54,004 7.277 221.87 726 57.5 60.01 - 65.00 569 32,763,676 2.48 57,581 7.426 216.21 728 62.6 65.01 - 70.00 787 44,895,035 3.40 57,046 7.530 208.90 722 67.7 70.01 - 75.00 873 48,828,236 3.70 55,932 7.665 210.57 723 72.7 75.01 - 80.00 1,358 76,195,372 5.77 56,109 7.826 214.61 721 78.1 80.01 - 85.00 1,776 78,415,972 5.94 44,153 8.002 211.70 720 82.9 85.01 - 90.00 6,455 265,256,518 20.08 41,093 8.360 211.80 726 88.9 90.01 - 95.00 5,945 278,171,809 21.06 46,791 8.395 210.32 725 94.0 95.01 - 100.00 7,868 395,563,368 29.95 50,275 8.765 207.48 733 99.5 Total 27,541 $ 1,320,898,508 100.00 % _________ (1) As of the Statistical Calculation Date, the weighted average original Combined Loan-to-Value Ratio of the Statistical Mortgage Loans was approximately 87.04%. Documentation Programs Documentation Program Number of Statistical Mortgage Loans Aggregate Principal Balance Outstanding % of Statistical Mortgage Loans Average Principal Balance Outstanding ($) Weighted Average Current Mortgage Rate (%) Weighted Average  Remaining Term to Maturity (Months) Weighted Average FICO  Credit Score Weighted  Average Original  Combined Loan-to- Value  Ratio (%) Reduced 3,837 $ 223,832,631 16.95 % 58,335 9.045 211.14 741 89.8 Streamlined 8,870 438,278,757 33.18 49,411 7.743 194.47 723 81.3 Full 7,279 352,850,780 26.71 48,475 8.424 237.01 723 89.5 Alternative 4,695 193,399,616 14.64 41,193 8.251 209.89 726 91.3 Super-Streamlined 2,798 109,172,121 8.26 39,018 8.272 194.85 741 88.8 Stated Income/Stated Asset 62 3,364,603 0.25 54,268 10.922 263.78 719 92.7 Total 27,541 $ 1,320,898,508 100.00 % A-6 FICO Credit Scores(1) Range of FICO Credit Scores Number of Statistical Mortgage Loans Aggregate Principal Balance Outstanding % of Statistical Mortgage Loans Average Principal Balance Outstanding ($) Weighted Average Current Mortgage Rate (%) Weighted Average Remaining Term to Maturity (Months) Weighted Average FICO Credit Score Weighted Average Original Combined Loan-to- Value Ratio (%) Greater than 820 7 $ 331,876 0.03 % 47,411 8.785 211.24 826 75.3 801 - 820 748 31,760,665 2.40 42,461 8.188 207.39 807 84.0 781 - 800 2,395 107,787,506 8.16 45,005 8.079 210.15 789 85.3 761 - 780 3,708 177,415,724 13.43 47,847 8.109 211.09 770 86.7 741 - 760 4,405 212,003,044 16.05 48,128 8.186 211.21 750 88.3 721 - 740 4,349 214,534,878 16.24 49,330 8.149 209.29 731 87.6 701 - 720 4,356 216,805,772 16.41 49,772 8.169 211.11 710 87.8 681 - 700 3,726 180,654,145 13.68 48,485 8.393 213.67 691 87.9 661 - 680 2,529 120,406,390 9.12 47,610 8.593 210.15 671 86.5 641 - 660 943 41,369,057 3.13 43,870 9.079 212.17 652 82.5 621 - 640 341 16,111,933 1.22 47,249 9.672 224.29 632 81.9 601 - 620 32 1,631,147 0.12 50,973 9.425 218.27 616 82.5 581 - 600 2 86,371 0.01 43,186 11.117 219.60 589 93.0 Total 27,541 $ 1,320,898,508 100.00 % ____________ (1) As of the Statistical Calculation Date, the weighted average FICO Credit Score of the mortgagors related to the Statistical Mortgage Loans was approximately 728.