Surety Bonds

Financial Guaranty Insurance Company
125 Park Avenue
New York, New York 10017
(212) 312-3000 (800) 352-0001

SURETY BOND

Issuer: Home Equity Loan Trust 2005-HSA1              Policy Number:  05030160
                                                      Control Number:  0010001


Insured Obligations:

$177,369,000  in  aggregate  principal  amount of Home Equity  Loan-Backed  Term
Notes, Series 2005-HSA1,  Class A-I-1, Class A-I-2, Class A-I-3, Class A-I-4 and
Class A-I-5 (collectively,
the "Class I Notes")

Indenture Trustee:  JPMorgan Chase Bank, N.A. . . .

Financial Guaranty Insurance Company
125 Park Avenue
New York, New York 10017
(212) 312-3000 (800) 352-0001

SURETY BOND

Issuer: Home Equity Loan Trust 2005-HSA1          Policy Number:  05030161
                                                  Control Number:  0010001


Insured Obligations:
$101,478,000 in principal amount of Home Equity  Loan-Backed Term Notes,  Series
2005-  HSA1,  Class A-II and  Variable  Funding  Notes  with a Maximum  Variable
Funding Balance of $9,166,840 (collectively, the "Class II Notes")

Indenture Trustee:  JPMorgan Chase Bank, N.A. . . .