VANGUARD FUNDING CORP

Vanguard Mortgage Investment, LLC
A California Mortgage Pool
Characteristics As Of: 10/31/2007

Overview
   
  Total Number of Accounts
149
  Total Number of Loans
76
  Total Members Capital
$14,975,661
  Largest Investment in Individual Trust Deed
$619,440
  Average Appraised Value of Properties in Pool
$479,809
  Average Size of Investment in Trust Deeds
$186,219
Counties where securities are located
  Kern
7
  Los Angeles
13
  Riverside
22
  San Bernardino
31
  San Diego
3
Categories of loans currently held
  First Trust Deeds
76
  Second Trust Deeds
0
  Total Loans
76
Loans by property type
  Mixed Use
1
  Land
9
  Multi - Family
10
  Residential
56
Property Description
  Land
9
  Rehab
10
  Construction
57